According to the public record, 115, Albion Way, Verwood is a modern freehold house with 635 ft2 of internal area and sits on a 153 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Albion Way, Verwood, BH31 is located within the BH31 postal district.
115, Albion Way, Verwood has 51 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 115 Albion Way Verwood as £299,421 and the rental value as £1,214 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 115 Albion Way Verwood has increased by £4,065 (1.4%) and its rental value has increased by £56 per month (4.6%).
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 115, Albion Way, Verwood is in very good condition we estimate a sale value of £314,392 and rental value of £1,275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,462 and a rental value of £1,129 per month.
If you were able to purchase this property for the estimated value of £299,421, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,472 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 115, Albion Way, Verwood sits on a plot of 153m2.
We have plot size data on 47 out of 77 other houses in the postcode and 115, Albion Way, Verwood sits on the 37th largest plot.
According to HM Land Registry, 115, Albion Way, Verwood was last sold on 25 Aug 2023 for £285,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Aug 2023, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 115, Albion Way, Verwood within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 149, Albion Way, Verwood, BH31 7LT, a Freehold house which sold for £285,000 in Apr 2023.
Read more about house prices in BH31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Way, Verwood, BH31 has a total of 201 addresses. According to our analysis of all the public data, 115, Albion Way, Verwood is the 179th largest and the 182nd most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in BH31.
115, Albion Way, Verwood has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 115, Albion Way, Verwood is Branksome station which is 17.1 kilometres away.
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 115, Albion Way, Verwood, 46.9% of property is privately owned outright and 36.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 115, Albion Way, Verwood, 19.1% of residents are recorded as possessing school level qualifications and 27.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 115, Albion Way, Verwood, the average age was 46.1 and the most common age was 57.
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 115, Albion Way, Verwood, 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 115, Albion Way, Verwood, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.