Flat 2, Reef Manor 5
Flat 2, Reef Manor 5
Description & Estimates
According to the public record, Flat 2, Reef Manor 5, Bournemouth is a modern leasehold apartment with 850 ft2 of internal area.
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 2, Reef Manor 5, Bournemouth is £394,129 and the estimated rental value is £1,397 per month.
The apartment is within Reef Manor, Wollstonecraft Road, Bournemouth, BH5.
Wollstonecraft Road, Bournemouth, BH5 is located within the BH5 postal district.
Our Data Sources
Flat 2, Reef Manor 5, Bournemouth has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated August 2024.
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, Reef Manor 5, Bournemouth is in very good condition we estimate a sale value of £413,835 and a rental value of £1,467 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,540 and a rental value of £1,299 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Reef Manor 5, Bournemouth has declined by £18,572 (4.7%), while its estimated rental value has climbed by £19 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Energy Efficiency
Flat 2, Reef Manor 5, Bournemouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Aug 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, Reef Manor 5, Bournemouth was last sold on 2nd September 2024 for £475,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2024, the market for similar properties has dropped by 6.9%.
- Sold Sep 2024£475,000
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, Reef Manor 5, Bournemouth within a radius of 400 metres over the last 2 years.
The most recent example is Flat 1, Reef Manor 5, Wollstonecraft Road, Bournemouth, BH5 1AE, a leasehold flat which sold for £350,000 on the 3rd February 2025.
Read more about house prices in BH5.
- Sold Feb 2025£350,000 | 3 Bed FlatReef Manor 5, Wollstonecraft RoadFlat 1, Reef Manor 5, Wollstonecraft Road, Bournemouth, BH5 1AE
- Sold Oct 2024£580,000 | 3 Bed FlatReef Manor 5, Wollstonecraft RoadFlat 33, Reef Manor 5, Wollstonecraft Road, Bournemouth, BH5 1AE
- Sold Jun 2020£327,000 | 3 Bed FlatDriftwood 9, Byron RoadApartment 7, Driftwood 9, Byron Road, Bournemouth, BH5 1AN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Wollstonecraft Road, Bournemouth, BH5 has a total of 88 addresses. According to our analysis of all the public data, Flat 2, Reef Manor 5, Bournemouth is the 18th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in BH5.
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Schools Nearby
- 800mCorpus Christi Catholic Primary School
- 1.1kmBethany Church of England Junior School
- 1.1kmKing's Park Academy
- 1.9kmAvonbourne Girls Academy
- 2.0kmAvonbourne Boys' Academy
- 3.0kmThe Bishop of Winchester Academy
More reading links
Public Transport Nearby
The closest station to Flat 2, Reef Manor 5, Bournemouth is Pokesdown station, which is 1.3 kilometres away.
- 1.3kmPokesdown
- 2.0kmBournemouth
- 4.1kmChristchurch
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
