Flat 1, 40
Flat 1, 40
Description & Estimates
Flat 1, 40, Parkwood Road, Bournemouth is recorded publicly as a period leasehold apartment across 1,097 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 40, Parkwood Road, Bournemouth is £322,340 and its rental estimate is £1,245 per month, given the available information and assuming reasonable condition.
40, Parkwood Road is a residential building on Parkwood Road, Bournemouth, BH5 and falls within the BH5 postal district.
Our Data Sources
Flat 1, 40, Parkwood Road, Bournemouth has 2 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated January 2024.
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.
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 Flat 1, 40, Parkwood Road, Bournemouth, we estimate a market value of £338,457 and a rental value of £1,307 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £299,776 and £1,158 per month respectively.
Recent Market Change
Over the last year, Flat 1, 40, Parkwood Road, Bournemouth has seen its estimated sale value decrease by £14,544 (4.5%) and its estimated rental value grow by £29 per month (2.3%). This results in an estimated gross rental yield of 4.6%.
Energy Efficiency
Flat 1, 40, Parkwood Road, Bournemouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 40, Parkwood Road, Bournemouth completed on 17th August 2018 at £270,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 0.1% over the period since August 2018.
- Sold Aug 2018£270,000
- Sold Apr 2014£149,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 40, Parkwood Road, Bournemouth have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2022, was Flat 1, 68, Parkwood Road, Bournemouth, BH5 2BL, a leasehold flat which sold for £420,000.
Read more about house prices in BH5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 340 addresses on Parkwood Road, Bournemouth, BH5, Flat 1, 40, Parkwood Road, Bournemouth comes out as the 84th largest and the 90th most expensive in our analysis of the public data.
It is also £30k more expensive than the average property across the BH5 district.
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Schools Nearby
- 200mPokesdown Community Primary School
- 500mCorpus Christi Catholic Primary School
- 700mSt James' Church of England Primary Academy
- 1.4kmAvonbourne Girls Academy
- 1.4kmAvonbourne Boys' Academy
- 3.0kmThe Bishop of Winchester Academy
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Public Transport Nearby
From Flat 1, 40, Parkwood Road, Bournemouth, the nearest station is Pokesdown, 500 metres away.
- 500mPokesdown
- 2.8kmBournemouth
- 3.1kmChristchurch
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
