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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 Flat 1, 24, Parley Road, Bournemouth is £196,214 and the estimated rental value is £1,080 per month.
The apartment is within 24, Parley Road, Bournemouth, BH9.
Parley Road, Bournemouth, BH9 is located within the BH9 postal district.
Flat 1, 24, Parley Road, Bournemouth has 21 entries in the Land Registry , most recently in October 2015 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 1, 24, Parley Road, Bournemouth is in very good condition we estimate a sale value of £206,024 and a rental value of £1,134 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,479 and a rental value of £1,004 per month.
Over the last 12 months the sale value of Flat 1 24 Parley Road Bournemouth has decreased by an estimated £8,205 (4.2%) and its rental value has increased by an estimated £18 per month (1.7%), giving an expected gross yield of 6.6%.
Flat 1, 24, Parley Road, Bournemouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 1, 24, Parley Road, Bournemouth was last sold on 2nd October 2015 for £148,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2015, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 24, Parley Road, Bournemouth within a radius of 500 metres over the last 2 years.
The most recent example is Flat 2, The Mission 5, Nursery Road, Bournemouth, BH9 3AS, a leasehold flat which sold for £280,000 on the 30th March 2023.
Read more about house prices in BH9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parley Road, Bournemouth, BH9 has a total of 62 addresses. According to our analysis of all the public data, Flat 1, 24, Parley Road, Bournemouth is the 57th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in BH9.
The closest station to Flat 1, 24, Parley Road, Bournemouth is Bournemouth station which is 2.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 Flat 1, 24, Parley Road, Bournemouth, 44.6% of property is privately owned with a mortgage and 32.4% is privately owned outright.
The graph below shows how this compares to South West 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 Flat 1, 24, Parley Road, Bournemouth, 23.8% of residents are recorded as possessing school level qualifications and 32.2% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 1, 24, Parley Road, Bournemouth, the average age was 39.9 and the most common age was 42.
The graph below shows how this compares to South West 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 Flat 1, 24, Parley Road, Bournemouth, 0.0% of property was a second home.
Comparison figures for South West 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 Flat 1, 24, Parley Road, Bournemouth, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.