8, Mead Road
8, Mead Road
Description & Estimates
8, Mead Road, Lymington is described in the public record as a mid-century house with 505 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 8, Mead Road, Lymington is £239,375 and its rental estimate is £1,038 per month, given the available information and assuming reasonable condition.
Mead Road, Pennington, Lymington, SO41 falls within the SO41 postal district, in the borough of New Forest.
Our Data Sources
8, Mead Road, Lymington has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 8, Mead Road, Lymington, we estimate a market value of £251,344 and a rental value of £1,090 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,619 and £966 per month respectively.
Recent Market Change
Over the last year, 8, Mead Road, Lymington has seen its estimated sale value decline by £4,069 (1.7%) and its estimated rental value climb by £57 per month (5.4%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
8, Mead Road, Lymington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Mead Road, Lymington have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2022, was Alexander Cottage, The Square, Lymington, SO41 8GN, a freehold house which sold for £328,000.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 34 addresses on Mead Road, Pennington, Lymington, SO41, 8, Mead Road, Lymington comes out as the 34th largest and the 22nd most expensive in our analysis of the public data.
It is also £320k less expensive than the average property across the SO41 district.
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Schools Nearby
- 400mPennington Church of England Primary School
- 1.0kmOur Lady and St Joseph Catholic Primary School - the Learning Federation Partnership of Schools
- 1.4kmLymington Junior School
- 600mPriestlands School
- 7.1kmThe Arnewood School
- 11.2kmHighcliffe School
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Public Transport Nearby
From 8, Mead Road, Lymington, the nearest station is Lymington Town, 2.0 kilometres away.
- 2.0kmLymington Town
- 2.4kmLymington Pier
- 4.9kmSway
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
