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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4B, The Square, Lymington is £195,719 and the estimated rental value is £940 per month.
The apartment is within 4, The Square, Pennington, Lymington, SO41.
The Square, Pennington, Lymington, SO41 is located in the borough of New Forest within the SO41 postal district.
4B, The Square, Lymington has 31 entries in the Land Registry , most recently in November 2008 and a single entry in the EPC database dated August 2023.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 4B, The Square, Lymington is in very good condition we estimate a sale value of £205,505 and a rental value of £987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,019 and a rental value of £874 per month.
Over the last 12 months the sale value of 4B The Square Lymington has decreased by an estimated £9,760 (5.0%) and its rental value has increased by an estimated £22 per month (2.4%), giving an expected gross yield of 5.8%.
4B, The Square, Lymington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4B, The Square, Lymington was last sold on 21st November 2008 for £136,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2008, the market for similar properties has risen 77.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4B, The Square, Lymington within a radius of 620 metres over the last 2 years.
The most recent example is Flat 8, Willow Tree House, South Street, Lymington, SO41 8DY, a leasehold flat which sold for £180,000 on the 20th August 2024.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Square, Pennington, Lymington, SO41 has a total of 35 addresses. According to our analysis of all the public data, 4B, The Square, Lymington is the 9th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £360k less expensive than the average property in SO41.
The closest station to 4B, The Square, Lymington is Lymington Town station which is 1.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 4B, The Square, Lymington, 30.3% of property is privately rented and 24.9% 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 4B, The Square, Lymington, 18.1% of residents are recorded as possessing school level qualifications and 25.3% 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 4B, The Square, 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 4B, The Square, 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 4B, The Square, Lymington, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.