Flat 9, Meraki 2
Flat 9, Meraki 2
Description & Estimates
Public records show Flat 9, Meraki 2, Bournemouth to be a modern leasehold apartment with 1,119 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 9, Meraki 2, Bournemouth has an estimated sale value of £563,480 and an estimated rental value of £1,863 per month, assuming reasonable condition and based on the information available.
The apartment sits within Meraki, Cellars Farm Road, Bournemouth, BH6.
Cellars Farm Road, Bournemouth, BH6 lies within the BH6 postal district.
Our Data Sources
Flat 9, 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
In very good condition, we estimate Flat 9, Meraki 2, Bournemouth would be worth £591,654, with a potential rental value of £1,956 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £524,037, with a rental value of £1,733 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 9, Meraki 2, Bournemouth has fallen by £23,328 (4.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £11 (0.6%). The property's estimated gross yield is currently 4.0%.
Energy Efficiency
Flat 9, 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
Flat 9, Meraki 2, Bournemouth last changed hands on 18th February 2022, selling for £650,000. 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 dropped by 46.6% since February 2022.
- Sold Feb 2022£650,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 740 metres of Flat 9, Meraki 2, Bournemouth across the last 2 years.
Most recently, Flat 7, St. Catherines Court 28, St. Catherines Road, Bournemouth, BH6 4AB, a leasehold flat, sold at £635,000 on the 24th March 2023.
Read more about house prices in BH6.
- Sold Mar 2023£635,000 | 3 Bed FlatSt. Catherines Court 28, St. Catherines RoadFlat 7, St. Catherines Court 28, St. Catherines Road, Bournemouth, BH6 4AB
- Sold Jun 2022£633,500 | 3 Bed FlatMeraki 2, Cellars Farm RoadFlat 8, Meraki 2, Cellars Farm Road, Bournemouth, BH6 4DL
- Sold Mar 2021£558,500 | 3 Bed FlatSerenity 45, St. Catherines RoadFlat 3, Serenity 45, St. Catherines Road, Bournemouth, BH6 4AG
•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 9, Meraki 2, Bournemouth as the 11th largest and the 12th most expensive of the 20 addresses on Cellars Farm Road, Bournemouth, BH6.
Against the BH6 postcode district average, it is £129k more expensive than the typical property.
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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
Christchurch station is the nearest stop to Flat 9, Meraki 2, Bournemouth at 2.0 kilometres away.
- 2.0kmChristchurch
- 3.0kmPokesdown
- 5.5kmBournemouth
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.
