Flat 4, Meraki 2
Flat 4, Meraki 2
Description & Estimates
Flat 4, Meraki 2, Bournemouth is recorded publicly as a modern leasehold apartment across 850 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 4, Meraki 2, Bournemouth is £473,164 and its rental estimate is £1,677 per month, given the available information and assuming reasonable condition.
Meraki, Cellars Farm Road is a residential building on Cellars Farm Road, Bournemouth, BH6 and falls within the BH6 postal district.
Our Data Sources
Flat 4, Meraki 2, Bournemouth has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, Meraki 2, Bournemouth, we estimate a market value of £496,823 and a rental value of £1,761 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £440,043 and £1,560 per month respectively.
Recent Market Change
Over the last year, Flat 4, Meraki 2, Bournemouth has seen its estimated sale value fall by £19,589 (4.1%) and its estimated rental value move up by £10 per month (0.6%). This results in an estimated gross rental yield of 4.3%.
Energy Efficiency
Flat 4, Meraki 2, Bournemouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
The most recent sale of Flat 4, Meraki 2, Bournemouth completed on 18th February 2022 at £455,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 46.6% over the period since February 2022.
- Sold Feb 2022£455,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, Meraki 2, Bournemouth have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2022, was Flat 7, Meraki 2, Cellars Farm Road, Bournemouth, BH6 4DL, a leasehold flat which sold for £500,000.
Read more about house prices in BH6.
- Sold Jun 2022£500,000 | 3 Bed FlatMeraki 2, Cellars Farm RoadFlat 7, Meraki 2, Cellars Farm Road, Bournemouth, BH6 4DL
- Sold May 2022£475,000 | 3 Bed FlatMeraki 2, Cellars Farm RoadFlat 2, Meraki 2, Cellars Farm Road, Bournemouth, BH6 4DL
- Sold Mar 2022£500,000 | 3 Bed FlatMeraki 2, Cellars Farm RoadFlat 5, Meraki 2, Cellars Farm Road, Bournemouth, BH6 4DL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 20 addresses on Cellars Farm Road, Bournemouth, BH6, Flat 4, Meraki 2, Bournemouth comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the BH6 district.
More reading links
Schools Nearby
- 700mSt Katharine's Church of England Primary School
- 1.5kmThe Priory Church of England Primary School
- 2.2kmChristchurch Junior School
- 1.5kmTwynham School
- 3.1kmThe Grange School
- 3.5kmAvonbourne Girls Academy
More reading links
Public Transport Nearby
From Flat 4, Meraki 2, Bournemouth, the nearest station is Christchurch, 2.0 kilometres away.
- 2.0kmChristchurch
- 3.0kmPokesdown
- 5.5kmBournemouth
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
