Flat 7, 8
Flat 7, 8
Description & Estimates
Public records show Flat 7, 8, Verne Road, Weymouth to be a modern leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 7, 8, Verne Road, Weymouth has an estimated sale value of £158,351 and an estimated rental value of £798 per month, assuming reasonable condition and based on the information available.
The apartment sits within 8, Verne Road, Weymouth, DT4.
Verne Road, Weymouth, DT4 lies within the DT4 postal district.
Our Data Sources
Flat 7, 8, Verne Road, Weymouth has 2 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated May 2020.
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
In very good condition, we estimate Flat 7, 8, Verne Road, Weymouth would be worth £166,269, with a potential rental value of £838 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £147,267, with a rental value of £742 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, 8, Verne Road, Weymouth has declined by £6,543 (4.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £6 (0.7%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 7, 8, Verne Road, Weymouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2020.
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, 8, Verne Road, Weymouth last changed hands on 22nd November 2023, selling for £160,000. 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 25.6% since November 2023.
- Sold Nov 2023£160,000
- Sold Sep 2021£170,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of Flat 7, 8, Verne Road, Weymouth across the last 2 years.
Most recently, Flat 2, Cambridge Court 2, Verne Road, Weymouth, DT4 0RX, a leasehold flat, sold at £215,000 on the 23rd November 2023.
Read more about house prices in DT4.
- Sold Nov 2023£215,000 | 2 Bed FlatCambridge Court 2, Verne RoadFlat 2, Cambridge Court 2, Verne Road, Weymouth, DT4 0RX
- Sold Mar 2023£195,000 | 2 Bed FlatRodwell Lodge, Rodwell RoadFlat 5, Rodwell Lodge, Rodwell Road, Weymouth, DT4 8QT
- Sold Mar 2022£169,000 | 2 Bed Flat8, Verne RoadFlat 6, 8, Verne Road, Weymouth, DT4 0RS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 7, 8, Verne Road, Weymouth as the 50th largest and the 50th most expensive of the 60 addresses on Verne Road, Weymouth, DT4.
Against the DT4 postcode district average, it is £112k less expensive than the typical property.
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Schools Nearby
- 300mHoly Trinity Church of England VC Primary School & Community Nursery
- 1.1kmSt Augustine's Catholic Primary School, Weymouth
- 1.2kmWyke Regis Infant School and Nursery
- 1.0kmAll Saints' Church of England Academy
- 2.5kmBudmouth Academy Weymouth
- 4.7kmWey Valley Academy
More reading links
Public Transport Nearby
Weymouth station is the nearest stop to Flat 7, 8, Verne Road, Weymouth at 1.7 kilometres away.
- 1.7kmWeymouth
- 5.2kmUpwey
- 12.1kmDorchester South
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
