Flat 2, Point 500 500
Flat 2, Point 500 500
Description & Estimates
According to the public record, Flat 2, Point 500 500, Castle Lane West, Bournemouth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 425 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Point 500 500, Castle Lane West, Bournemouth is £128,327 and the estimated rental value is £810 per month.
The apartment is within 500, Castle Lane West, Bournemouth, BH8.
Castle Lane West, Bournemouth, BH8 is located within the BH8 postal district.
Our Data Sources
Flat 2, Point 500 500, Castle Lane West, Bournemouth has a single entry in the Land Registry from January 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 4 out of 5 and is considered of high 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 2, Point 500 500, Castle Lane West, Bournemouth is in very good condition we estimate a sale value of £134,744 and a rental value of £850 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,344 and a rental value of £753 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Point 500 500, Castle Lane West, Bournemouth has declined by £6,288 (4.9%), while its estimated rental value has climbed by £18 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Sold Prices
According to HM Land Registry, Flat 2, Point 500 500, Castle Lane West, Bournemouth was last sold on 28th January 2022 for £127,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen by 5.1%.
- Sold Jan 2022£127,000
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 2, Point 500 500, Castle Lane West, Bournemouth within a radius of 650 metres over the last 2 years.
The most recent example is Flat 44, Point 500 500, Castle Lane West, Bournemouth, BH8 9TF, a leasehold flat which sold for £122,000 on the 11th October 2024.
Read more about house prices in BH8.
- Sold Oct 2024£122,000 | 1 Bed FlatPoint 500 500, Castle Lane WestFlat 44, Point 500 500, Castle Lane West, Bournemouth, BH8 9TF
- Sold Aug 2023£90,000 | 1 Bed FlatPoint 500 500, Castle Lane WestFlat 58, Point 500 500, Castle Lane West, Bournemouth, BH8 9TF
- Sold Jan 2020£110,000 | 1 Bed FlatPoint 500 500, Castle Lane WestFlat 16, Point 500 500, Castle Lane West, Bournemouth, BH8 9TF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Castle Lane West, Bournemouth, BH8 has a total of 465 addresses. According to our analysis of all the public data, Flat 2, Point 500 500, Castle Lane West, Bournemouth is the 370th largest and the 413th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in BH8.
More reading links
Schools Nearby
- 900mJewell Academy Bournemouth
- 1.2kmQueen's Park Infant Academy
- 1.3kmMuscliff Primary School
- 600mThe Bishop of Winchester Academy
- 800mBournemouth School for Girls
- 1.2kmBournemouth School
More reading links
Public Transport Nearby
The closest station to Flat 2, Point 500 500, Castle Lane West, Bournemouth is Pokesdown station, which is 2.5 kilometres away.
- 2.5kmPokesdown
- 3.0kmBournemouth
- 4.3kmChristchurch
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.
