Forest Bourn, Lymington
Forest Bourn, Lymington
Description & Estimates
Public records show Forest Bourn, Lymington to be a period leasehold apartment with 678 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Forest Bourn, Lymington has an estimated sale value of £290,896 and an estimated rental value of £1,078 per month, assuming reasonable condition and based on the information available.
Station Road, Sway, Lymington, SO41 lies in the borough of New Forest, within the SO41 postal district.
Our Data Sources
Forest Bourn, Lymington has a single entry in the Land Registry from May 2015 and a single entry in the EPC database dated June 2014.
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
In very good condition, we estimate Forest Bourn, Lymington would be worth £305,441, with a potential rental value of £1,132 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £270,534, with a rental value of £1,003 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 Forest Bourn, Lymington has fallen by £12,601 (4.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £35 (3.2%). The property's estimated gross yield is currently 4.4%.
Energy Efficiency
Forest Bourn, Lymington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Forest Bourn, Lymington last changed hands on 29th May 2015, selling for £190,000. 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 5.9% since May 2015.
- Sold May 2015£190,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.0 kilometres of Forest Bourn, Lymington across the last 2 years.
Most recently, Langmead, Station Road, Lymington, SO41 6AA, a leasehold flat, sold at £320,000 on the 1st August 2022.
Read more about house prices in SO41.
- Sold Aug 2022£320,000 | 2 Bed FlatLangmead, Station Road, Lymington, SO41 6AALangmead, Station Road, Lymington, SO41 6AA
- Sold Feb 2016£375,000 | 2 Bed Flat2 Forest Heath House, Station Road, Lymington, SO41 6BA2 Forest Heath House, Station Road, Lymington, SO41 6BA
- Sold Aug 2010£195,000 | 2 Bed FlatFlat 1, Wilverley, Station Road, Lymington, SO41 6AAFlat 1, Wilverley, Station Road, Lymington, SO41 6AA
•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 Forest Bourn, Lymington as the 87th largest and the 82nd most expensive of the 102 addresses on Station Road, Sway, Lymington, SO41.
Against the SO41 postcode district average, it is £269k less expensive than the typical property.
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Schools Nearby
- 400mSt Luke's Church of England Primary School
- 2.2kmTiptoe Primary School
- 3.5kmHordle CofE (VA) Primary School
- 5.4kmPriestlands School
- 5.5kmThe Arnewood School
- 9.0kmHighcliffe School
More reading links
Public Transport Nearby
Sway station is the nearest stop to Forest Bourn, Lymington at 200 metres away.
- 200mSway
- 4.2kmBrockenhurst
- 4.8kmNew Milton
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.
