Flat 7, 3
Flat 7, 3
Description & Estimates
Public records show Flat 7, 3, Lorne Park Road, Bournemouth to be a modern leasehold apartment with 412 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 7, 3, Lorne Park Road, Bournemouth has an estimated sale value of £133,720 and an estimated rental value of £865 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 7, 3, Lorne Park Road, Bournemouth has 2 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated January 2011.
We combine this information with that of neighbouring properties to estimate the property 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 7, 3, Lorne Park Road, Bournemouth would be worth £140,406, with a potential rental value of £909 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £124,359, with a rental value of £805 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 7, 3, Lorne Park Road, Bournemouth has dropped by £6,103 (4.6%) over the last year. During the same period, its estimated monthly rental value has risen by £22 (2.6%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
Flat 7, 3, Lorne Park Road, Bournemouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jan 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 7, 3, Lorne Park Road, Bournemouth last changed hands on 26th February 2019, selling for £145,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 5.3% since February 2019.
- Sold Feb 2019£145,000
- Sold Apr 2007£145,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 300 metres of Flat 7, 3, Lorne Park Road, Bournemouth across the last 2 years.
Most recently, Flat 9, 24, Lorne Park Road, Bournemouth, BH1 1JL, a leasehold flat, sold at £163,000 on the 31st January 2022.
Read more about house prices in BH1.
- Sold Jan 2022£163,000 | 1 Bed Flat24, Lorne Park RoadFlat 9, 24, Lorne Park Road, Bournemouth, BH1 1JL
- Sold Sep 2021£160,000 | 1 Bed Flat24, Lorne Park RoadFlat 6, 24, Lorne Park Road, Bournemouth, BH1 1JL
- Sold May 2021£180,000 | 1 Bed Flat24, Lorne Park RoadFlat 3, 24, Lorne Park Road, Bournemouth, BH1 1JL
•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 7, 3, Lorne Park Road, Bournemouth as the 88th largest and the 103rd most expensive of the 201 addresses on Lorne Park Road, Bournemouth, BH1.
Against the BH1 postcode district average, it is £76k 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 7, 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.
