Flat 2, Urbanshore 40
Flat 2, Urbanshore 40
Description & Estimates
According to the public record, Flat 2, Urbanshore 40, Bournemouth is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Urbanshore 40, Bournemouth is £194,243 and the estimated rental value is £912 per month.
The apartment is within Urbanshore, Gervis Road, Bournemouth, BH1.
Gervis Road, Bournemouth, BH1 is located within the BH1 postal district.
Our Data Sources
Flat 2, Urbanshore 40, Bournemouth has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property 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, Urbanshore 40, Bournemouth is in very good condition we estimate a sale value of £203,955 and a rental value of £958 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,646 and a rental value of £849 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Urbanshore 40, Bournemouth has declined by £9,671 (5.0%), while its estimated rental value has climbed by £20 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
Flat 2, Urbanshore 40, Bournemouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Feb 2022.
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, Urbanshore 40, Bournemouth was last sold on 29th April 2022 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped by 21.6%.
- Sold Apr 2022£230,000
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, Urbanshore 40, Bournemouth within a radius of 380 metres over the last 2 years.
The most recent example is Flat 7, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DH, a leasehold flat which sold for £218,000 on the 24th March 2022.
Read more about house prices in BH1.
- Sold Mar 2022£218,000 | 2 Bed FlatUrbanshore 40, Gervis RoadFlat 7, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DH
- Sold Mar 2022£220,000 | 1 Bed FlatUrbanshore 40, Gervis RoadFlat 4, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DH
- Sold Mar 2022£210,000 | 1 Bed FlatUrbanshore 40, Gervis RoadFlat 11, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Gervis Road, Bournemouth, BH1 has a total of 141 addresses. According to our analysis of all the public data, Flat 2, Urbanshore 40, Bournemouth is the 117th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in BH1.
More reading links
Schools Nearby
- 1.3kmMalmesbury Park Primary School
- 1.4kmSt Michael's Church of England Primary School
- 1.6kmBethany Church of England Junior School
- 3.2kmBournemouth School
- 3.4kmThe Bishop of Winchester Academy
- 3.4kmGlenmoor Academy
More reading links
Public Transport Nearby
The closest station to Flat 2, Urbanshore 40, Bournemouth is Bournemouth station, which is 900 metres away.
- 900mBournemouth
- 3.3kmPokesdown
- 3.7kmBranksome
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.
