Flat 5, 3
Flat 5, 3
Description & Estimates
The public record lists Flat 5, 3, Lorne Park Road, Bournemouth as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 647 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, 3, Lorne Park Road, Bournemouth has an estimated sale value of £170,859 and an estimated rental value of £1,028 per month, assuming reasonable condition and based on the information available.
The apartment sits within 3, Lorne Park Road, Bournemouth, BH1.
Lorne Park Road, Bournemouth, BH1 lies within the BH1 postal district.
Our Data Sources
Flat 5, 3, Lorne Park Road, Bournemouth has a single entry in the Land Registry from April 2007 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, 3, Lorne Park Road, Bournemouth would be worth £179,402, with a potential rental value of £1,079 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £158,899, with a rental value of £956 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, 3, Lorne Park Road, Bournemouth has declined by £8,334 (4.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £21 (2.0%). The property's estimated gross yield is currently 7.2%.
Sold Prices
Flat 5, 3, Lorne Park Road, Bournemouth last changed hands on 25th April 2007, selling for £150,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 5.0% since April 2007.
- Sold Apr 2007£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 300 metres of Flat 5, 3, Lorne Park Road, Bournemouth across the last 2 years.
Most recently, Flat 7, Grenville Court 38, Dean Park Road, Bournemouth, BH1 1QA, a leasehold flat, sold at £185,000 on the 29th November 2024.
Read more about house prices in BH1.
- Sold Nov 2024£185,000 | 2 Bed FlatGrenville Court 38, Dean Park RoadFlat 7, Grenville Court 38, Dean Park Road, Bournemouth, BH1 1QA
- Sold May 2024£216,000 | 2 Bed FlatThe Citrus Building 24, Madeira Road32, The Citrus Building 24, Madeira Road, Bournemouth, BH1 1AR
- Sold Sep 2020£130,500 | 2 Bed Flat3, Lorne Park RoadFlat 13, 3, Lorne Park Road, Bournemouth, BH1 1AH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 5, 3, Lorne Park Road, Bournemouth as the 21st largest and the 22nd most expensive of the 201 addresses on Lorne Park Road, Bournemouth, BH1.
Against the BH1 postcode district average, it is £38k less expensive than the typical property.
More reading links
Schools Nearby
- 1.1kmMalmesbury Park Primary School
- 1.3kmSt Michael's Church of England Primary School
- 1.5kmBethany Church of England Junior School
- 3.0kmBournemouth School
- 3.1kmGlenmoor Academy
- 3.1kmWinton Academy
More reading links
Public Transport Nearby
Bournemouth station is the nearest stop to Flat 5, 3, Lorne Park Road, Bournemouth at 700 metres away.
- 700mBournemouth
- 3.3kmPokesdown
- 3.5kmBranksome
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
