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According to the public record, Flat 11, Ocean View 1-3, Bournemouth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 785 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 11, Ocean View 1-3, Bournemouth is £318,294 and the estimated rental value is £1,120 per month.
The apartment is within Ocean View, Undercliff Road, Bournemouth, BH5.
Undercliff Road, Bournemouth, BH5 is located within the BH5 postal district.
Flat 11, Ocean View 1-3, Bournemouth has 41 entries in the Land Registry , most recently in January 2021 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 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 Flat 11, Ocean View 1-3, Bournemouth is in very good condition we estimate a sale value of £334,209 and a rental value of £1,176 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,013 and a rental value of £1,042 per month.
Over the last 12 months the sale value of Flat 11 Ocean View 1-3 Bournemouth has decreased by an estimated £5,845 (1.8%) and its rental value has increased by an estimated £26 per month (2.3%), giving an expected gross yield of 4.2%.
According to HM Land Registry, Flat 11, Ocean View 1-3, Bournemouth was last sold on 15th January 2021 for £316,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2021, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Ocean View 1-3, Bournemouth within a radius of 400 metres over the last 2 years.
The most recent example is Flat 2, 6, Undercliff Road, Bournemouth, BH5 1BL, a leasehold flat which sold for £337,500 on the 1st May 2024.
Read more about house prices in BH5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Undercliff Road, Bournemouth, BH5 has a total of 87 addresses. According to our analysis of all the public data, Flat 11, Ocean View 1-3, Bournemouth is the 34th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in BH5.
The closest station to Flat 11, Ocean View 1-3, Bournemouth is Bournemouth station which is 1.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 11, Ocean View 1-3, Bournemouth, 54.6% of property is privately rented and 25.5% 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 11, Ocean View 1-3, Bournemouth, 10.6% of residents are recorded as possessing school level qualifications and 41.2% 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 11, Ocean View 1-3, Bournemouth, the average age was 39.4 and the most common age was 32.
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 11, Ocean View 1-3, 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 11, Ocean View 1-3, Bournemouth, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.