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Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 4, Markham Road, Bournemouth is £170,854 and the estimated rental value is £1,035 per month.
The apartment is within 4, Markham Road, Bournemouth, BH9.
Markham Road, Bournemouth, BH9 is located within the BH9 postal district.
Flat 1, 4, Markham Road, Bournemouth has 51 entries in the Land Registry , most recently in October 2023 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 3 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 Flat 1, 4, Markham Road, Bournemouth is in very good condition we estimate a sale value of £179,397 and a rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,895 and a rental value of £963 per month.
Over the last 12 months the sale value of Flat 1 4 Markham Road Bournemouth has decreased by an estimated £4,908 (2.9%) and its rental value has increased by an estimated £29 per month (2.8%), giving an expected gross yield of 7.3%.
Flat 1, 4, Markham Road, Bournemouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Dec 2019.
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, Flat 1, 4, Markham Road, Bournemouth was last sold on 12th October 2023 for £160,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since October 2023, the market for similar properties has dropped 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 4, Markham Road, Bournemouth within a radius of 430 metres over the last 2 years.
The most recent example is 78A, Markham Road, Bournemouth, BH9 1JA, a leasehold flat which sold for £185,000 on the 1st October 2024.
Read more about house prices in BH9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Markham Road, Bournemouth, BH9 has a total of 198 addresses. According to our analysis of all the public data, Flat 1, 4, Markham Road, Bournemouth is the 165th largest and the 170th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in BH9.
The closest station to Flat 1, 4, Markham Road, Bournemouth is Bournemouth station which is 1.8 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, 4, Markham Road, Bournemouth, 49.6% of property is privately rented and 28.5% is privately owned with a mortgage.
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, 4, Markham Road, Bournemouth, 50.1% of residents are recorded as possessing school level qualifications and 29.1% 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, 4, Markham Road, Bournemouth, the average age was 35.2 and the most common age was 22.
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, 4, Markham 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, 4, Markham Road, Bournemouth, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.