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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Formosa, Lymington is a modern freehold house with 3,896 ft2 of internal area and sits on a 2,582 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Formosa, Lymington is £1,600,491 and the estimated rental value is £3,635 per month.
Undershore Road, Lymington, SO41 is located in the borough of New Forest within the SO41 postal district.
Formosa, Lymington has 21 entries in the Land Registry , most recently in September 2012 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Formosa, Lymington is in very good condition we estimate a sale value of £1,680,516 and a rental value of £3,816 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,488,457 and a rental value of £3,380 per month.
Over the last 12 months the sale value of Formosa Lymington has decreased by an estimated £92,670 (5.8%) and its rental value has increased by an estimated £47 per month (1.3%), giving an expected gross yield of 2.7%.
According to data from HM Land Registry, Formosa, Lymington sits on a plot of 2582m2.
We have plot size data on 12 out of 14 other houses in the postcode and Formosa, Lymington sits on the 5th largest plot.
Formosa, Lymington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 2013.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Formosa, Lymington was last sold on 14th September 2012 for £985,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2012, the market for similar properties has risen 44.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Formosa, Lymington within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 37, Stanley Road, Lymington, SO41 3SL, a freehold house which sold for £1,500,000 on the 25th November 2024.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Undershore Road, Lymington, SO41 has a total of 42 addresses. According to our analysis of all the public data, Formosa, Lymington is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £1.045m more expensive than the average property in SO41.
The closest station to Formosa, Lymington is Lymington Pier station which is 300 metres 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 Formosa, Lymington, 61.3% of property is privately owned outright and 17.5% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 Formosa, Lymington, 24.2% of residents are recorded as possessing school level qualifications and 50.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Formosa, Lymington, the average age was 50.3 and the most common age was 72.
The graph below shows how this compares to South East 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 Formosa, Lymington, 0.9% of property was a second home.
Comparison figures for South East 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 Formosa, Lymington, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
