Flat 2, Old Forge Court
Flat 2, Old Forge Court
Description & Estimates
According to the public record, Flat 2, Old Forge Court, Lymington is a mid-century leasehold apartment with 774 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, Old Forge Court, Lymington is £246,394 and the estimated rental value is £1,114 per month.
The apartment is within Old Forge Court, Pennington Cross, Lymington, SO41.
Pennington Cross, Lymington, SO41 is located in the borough of New Forest within the SO41 postal district.
Our Data Sources
Flat 2, Old Forge Court, Lymington has 31 entries in the Land Registry , most recently in May 2018 and a single entry in the EPC database dated March 2010.
We combine this information with that of neighbouring properties to estimate the property 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 2, Old Forge Court, Lymington is in very good condition we estimate a sale value of £258,714 and a rental value of £1,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,146 and a rental value of £1,036 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Old Forge Court, Lymington has decreased by £12,286 (5.0%), while its estimated rental value has grown by £24 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
Flat 2, Old Forge Court, Lymington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, Old Forge Court, Lymington was last sold on 11th May 2018 for £237,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2018, the market for similar properties has risen by 12.3%.
- Sold May 2018£237,500
- Sold Jul 2014£199,500
- Sold Jul 2004£161,000
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, Old Forge Court, Lymington within a radius of 700 metres over the last 2 years.
The most recent example is 38, Rowans Park, Lymington, SO41 9GE, a leasehold flat which sold for £275,000 on the 30th October 2024.
Read more about house prices in SO41.
- Sold Oct 2024£275,000 | 2 Bed Flat38, Rowans Park, Lymington, SO41 9GE38, Rowans Park, Lymington, SO41 9GE
- Sold Oct 2020£225,000 | 2 Bed FlatFlat 5, Old Forge Court, Pennington Cross, Lymington, SO41 8BAFlat 5, Old Forge Court, Pennington Cross, Lymington, SO41 8BA
- Sold Jan 2017£226,000 | 2 Bed FlatFlat 1, Old Forge Court, Pennington Cross, Lymington, SO41 8BAFlat 1, Old Forge Court, Pennington Cross, Lymington, SO41 8BA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Pennington Cross, Lymington, SO41 has a total of 6 addresses. According to our analysis of all the public data, Flat 2, Old Forge Court, Lymington is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £313k less expensive than the average property in SO41.
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Schools Nearby
- 500mPennington Church of England Primary School
- 1.1kmLymington Church of England Infant School
- 1.2kmLymington Junior School
- 200mPriestlands School
- 7.9kmThe Arnewood School
- 12.0kmHighcliffe School
More reading links
Public Transport Nearby
The closest station to Flat 2, Old Forge Court, Lymington is Lymington Town station, which is 1.5 kilometres away.
- 1.5kmLymington Town
- 1.8kmLymington Pier
- 5.5kmSway
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
