Flat 8, Urbanshore 40
Flat 8, Urbanshore 40
Description & Estimates
Flat 8, Urbanshore 40, Bournemouth is recorded publicly as a modern leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 8, Urbanshore 40, Bournemouth is £186,220 and its rental estimate is £887 per month, given the available information and assuming reasonable condition.
Urbanshore, Gervis Road is a residential building on Gervis Road, Bournemouth, BH1 and falls within the BH1 postal district.
Our Data Sources
Flat 8, Urbanshore 40, Bournemouth has a single entry in the Land Registry from March 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
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 8, Urbanshore 40, Bournemouth, we estimate a market value of £195,531 and a rental value of £931 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,185 and £825 per month respectively.
Recent Market Change
Over the last year, Flat 8, Urbanshore 40, Bournemouth has seen its estimated sale value move down by £9,272 (5.0%) and its estimated rental value increase by £20 per month (2.2%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
Flat 8, 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
The most recent sale of Flat 8, Urbanshore 40, Bournemouth completed on 17th March 2022 at £220,000 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 20.8% over the period since March 2022.
- Sold Mar 2022£220,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 8, Urbanshore 40, Bournemouth have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was Flat 5, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DH, a leasehold flat which sold for £205,000.
Read more about house prices in BH1.
- Sold Jul 2024£205,000 | 1 Bed FlatFlat 5, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DHFlat 5, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DH
- Sold Aug 2022£207,500 | 1 Bed FlatFlat 1, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DHFlat 1, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DH
- Sold May 2022£221,000 | 1 Bed FlatFlat 9, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DHFlat 9, Urbanshore 40, Gervis Road, Bournemouth, BH1 3DH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 141 addresses on Gervis Road, Bournemouth, BH1, Flat 8, Urbanshore 40, Bournemouth comes out as the 136th largest and the 89th most expensive in our analysis of the public data.
It is also £23k less expensive than the average property across the BH1 district.
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
From Flat 8, Urbanshore 40, Bournemouth, the nearest station is Bournemouth, 900 metres away.
- 900mBournemouth
- 3.3kmPokesdown
- 3.7kmBranksome
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.
