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In this area, houses of this size normally have 3 bedrooms with a garden.
56A, Bankhill Drive, Lymington has an estimated sale value of £348,192 and an estimated rental value of £1,513 per month, assuming reasonable condition and based on the information available.
Bankhill Drive, Lymington, SO41 lies in the borough of New Forest, within the SO41 postal district.
56A, Bankhill Drive, Lymington has 31 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 56A, Bankhill Drive, Lymington would be worth £365,601, with a potential rental value of £1,588 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £323,818, with a rental value of £1,407 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 56A, Bankhill Drive, Lymington has decreased by £9,694 (2.8%) over the last year. During the same period, its estimated monthly rental value has grown by £62 (4.1%). The property's estimated gross yield is currently 5.2%.
56A, Bankhill Drive, Lymington occupies a 103 m2 plot as recorded by HM Land Registry.
All 50 other houses in this postcode have recorded plot sizes, and this one ranks as the 44th largest.
56A, Bankhill Drive, Lymington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
56A, Bankhill Drive, Lymington last changed hands on 26th September 2017, selling for £275,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 42.3% since September 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 56A, Bankhill Drive, Lymington across the last 2 years.
Most recently, 2, Harvester Way, Lymington, SO41 8YD, a freehold house, sold at £370,000 on the 18th March 2024.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 56A, Bankhill Drive, Lymington as the 10th largest and the 12th most expensive of the 66 addresses on Bankhill Drive, Lymington, SO41.
Against the SO41 postcode district average, it is £211k less expensive than the typical property.
Lymington Town station is the nearest stop to 56A, Bankhill Drive, Lymington at 1.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 56A, Bankhill Drive, Lymington, 50.0% of property is privately rented and 23.9% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 56A, Bankhill Drive, Lymington, 12.8% of residents are recorded as possessing school level qualifications and 27.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 56A, Bankhill Drive, Lymington, the average age was 45.3 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 56A, Bankhill Drive, Lymington, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 56A, Bankhill Drive, Lymington, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.