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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 40, Parkwood Road, Bournemouth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 723 ft2 of internal area.
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 2, 40, Parkwood Road, Bournemouth is £251,506 and the estimated rental value is £1,067 per month.
The apartment is within 40, Parkwood Road, Bournemouth, BH5.
Parkwood Road, Bournemouth, BH5 is located within the BH5 postal district.
Flat 2, 40, Parkwood Road, Bournemouth has a single entry in the Land Registry from May 2014 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 2, 40, Parkwood Road, Bournemouth is in very good condition we estimate a sale value of £264,082 and a rental value of £1,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,901 and a rental value of £992 per month.
Over the last 12 months the sale value of Flat 2 40 Parkwood Road Bournemouth has decreased by an estimated £12,062 (4.8%) and its rental value has increased by an estimated £18 per month (1.7%), giving an expected gross yield of 5.1%.
According to HM Land Registry, Flat 2, 40, Parkwood Road, Bournemouth was last sold on 9th May 2014 for £173,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 40, Parkwood Road, Bournemouth within a radius of 440 metres over the last 2 years.
The most recent example is 18, Granville Road, Bournemouth, BH5 2AQ, a leasehold flat which sold for £320,000 on the 29th November 2024.
Read more about house prices in BH5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkwood Road, Bournemouth, BH5 has a total of 340 addresses. According to our analysis of all the public data, Flat 2, 40, Parkwood Road, Bournemouth is the 157th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in BH5.
The closest station to Flat 2, 40, Parkwood Road, Bournemouth is Pokesdown station which is 500 metres 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 2, 40, Parkwood Road, Bournemouth, 38.2% of property is privately rented and 28.5% 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 2, 40, Parkwood Road, Bournemouth, 23.6% of residents are recorded as possessing school level qualifications and 40.6% 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 2, 40, Parkwood Road, Bournemouth, the average age was 39.3 and the most common age was 37.
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 2, 40, Parkwood Road, Bournemouth, 0.3% 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 2, 40, Parkwood Road, Bournemouth, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
