According to the public record, 14, Margards Lane, Verwood is a modern freehold house and with 1,054 ft2 of internal area and sits on a 352 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Margards Lane, Verwood, BH31 is located within the BH31 postal district.
14, Margards Lane, Verwood has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated March 2022.
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 14 Margards Lane Verwood as £473,962 and the rental value as £1,688 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 14 Margards Lane Verwood has increased by £4,506 (1.0%) and its rental value has increased by £70 per month (4.1%).
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 14, Margards Lane, Verwood is in very good condition we estimate a sale value of £497,660 and rental value of £1,772 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,784 and a rental value of £1,569 per month.
If you were able to purchase this property for the estimated value of £473,962, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,329 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, 14, Margards Lane, Verwood sits on a plot of 352m2.
We have plot size data on 10 out of 18 other houses in the postcode and 14, Margards Lane, Verwood sits on the 10th largest plot.
According to HM Land Registry, 14, Margards Lane, Verwood was last sold on 29 Nov 2022 for £445,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Margards Lane, Verwood within a radius of 187m over the last 2 years.
The most recent example is 24, Lancaster Drive, Verwood, BH31 6TG, a Freehold house which sold for £550,000 in May 2024.
Read more about house prices in BH31.
Margards Lane, Verwood, BH31 has a total of 54 addresses. According to our analysis of all the public data, 14, Margards Lane, Verwood is the 47th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in BH31.
14, Margards Lane, Verwood has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2022.
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 14, Margards Lane, Verwood is Bournemouth station which is 16.6 km 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 14, Margards Lane, Verwood, 64.1% of property is privately owned outright and 29.9% 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 14, Margards Lane, Verwood, 17.4% of residents are recorded as possessing school level qualifications and 33.9% 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 14, Margards Lane, 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 14, Margards Lane, Verwood, 0.0% 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 14, Margards Lane, Verwood, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.