Flat 1, 48
Flat 1, 48
Description & Estimates
According to the public record, Flat 1, 48, Banks Road, Poole is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,280 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 48, Banks Road, Poole is £1,012,474 and the estimated rental value is £2,436 per month.
The apartment is within 48, Banks Road, Poole, BH13.
Banks Road, Poole, BH13 is located within the BH13 postal district.
Our Data Sources
Flat 1, 48, Banks Road, Poole has a single entry in the Land Registry from October 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, 48, Banks Road, Poole is in very good condition we estimate a sale value of £1,063,098 and a rental value of £2,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £941,601 and a rental value of £2,266 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 48, Banks Road, Poole has fallen by £64,763 (6.4%), while its estimated rental value has moved up by £58 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 2.9%.
Sold Prices
According to HM Land Registry, Flat 1, 48, Banks Road, Poole was last sold on 22nd October 2022 for £850,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped by 47.9%.
- Sold Oct 2022£850,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 48, Banks Road, Poole within a radius of 2.4 kilometres over the last 2 years.
The most recent example is Flat 6, Carina Court 137-139, Banks Road, Poole, BH13 7QQ, a leasehold flat which sold for £855,000 on the 24th October 2024.
Read more about house prices in BH13.
- Sold Oct 2024£855,000 | 3 Bed FlatFlat 6, Carina Court 137-139, Banks Road, Poole, BH13 7QQFlat 6, Carina Court 137-139, Banks Road, Poole, BH13 7QQ
- Sold Apr 2022£725,000 | 3 Bed FlatFlat 4, 48, Banks Road, Poole, BH13 7QFFlat 4, 48, Banks Road, Poole, BH13 7QF
- Sold Nov 2020£1,050,000 | 3 Bed FlatFlat 9, Carina Court 137-139, Banks Road, Poole, BH13 7QQFlat 9, Carina Court 137-139, Banks Road, Poole, BH13 7QQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Banks Road, Poole, BH13 has a total of 393 addresses. According to our analysis of all the public data, Flat 1, 48, Banks Road, Poole is the 162nd largest and the 157th most expensive property on the street.
When compared to the postcode district it is £163k more expensive than the average property in BH13.
More reading links
Schools Nearby
- 2.6kmLilliput Church of England Infant School
- 3.9kmBaden-Powell and St Peter's Church of England Junior School
- 4.2kmOld Town Infant School and Nursery
- 5.2kmPoole High School
- 5.3kmThe Cornerstone Academy
- 6.0kmSt Edward's Roman Catholic/Church of England School, Poole
More reading links
Public Transport Nearby
The closest station to Flat 1, 48, Banks Road, Poole is Parkstone (Dorset) station, which is 4.2 kilometres away.
- 4.2kmParkstone (Dorset)
- 4.7kmPoole
- 5.0kmBranksome
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
