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According to the public record, Flat B3, Princes Gate 55, Bournemouth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 815 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat B3, Princes Gate 55, Bournemouth is £325,099 and the estimated rental value is £1,333 per month.
The apartment is within Princes Gate, Grove Road, Bournemouth, BH1.
Grove Road, Bournemouth, BH1 is located within the BH1 postal district.
Flat B3, Princes Gate 55, Bournemouth has 21 entries in the Land Registry , most recently in March 2008 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 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat B3, Princes Gate 55, Bournemouth is in very good condition we estimate a sale value of £341,354 and a rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,342 and a rental value of £1,240 per month.
Over the last 12 months the sale value of Flat B3 Princes Gate 55 Bournemouth has decreased by an estimated £17,365 (5.3%) and its rental value has increased by an estimated £24 per month (1.8%), giving an expected gross yield of 4.9%.
According to HM Land Registry, Flat B3, Princes Gate 55, Bournemouth was last sold on 7th March 2008 for £286,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2008, the market for similar properties has dropped 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B3, Princes Gate 55, Bournemouth within a radius of 450 metres over the last 2 years.
The most recent example is Flat D4, Princes Gate 55, Grove Road, Bournemouth, BH1 3AW, a leasehold flat which sold for £292,500 on the 7th June 2021.
Read more about house prices in BH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Road, Bournemouth, BH1 has a total of 369 addresses. According to our analysis of all the public data, Flat B3, Princes Gate 55, Bournemouth is the 213th largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in BH1.
The closest station to Flat B3, Princes Gate 55, Bournemouth is Bournemouth station which is 1.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat B3, Princes Gate 55, Bournemouth, 42.7% of property is privately owned outright and 41.8% is privately rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat B3, Princes Gate 55, Bournemouth, 15.2% of residents are recorded as possessing school level qualifications and 41.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat B3, Princes Gate 55, Bournemouth, the average age was 36 and the most common age was 22.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat B3, Princes Gate 55, Bournemouth, 1.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat B3, Princes Gate 55, Bournemouth, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.