According to the public record, 2, Lancaster Drive, Verwood is a modern freehold house and with 1,205 ft2 of internal area and sits on a 514 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lancaster Drive, Verwood, BH31 is located within the BH31 postal district.
2, Lancaster Drive, Verwood has 2 entries in the Land Registry database, most recently in April 2013 and a single entry in the EPC database dated February 2013.
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 2 Lancaster Drive Verwood as £514,476 and the rental value as £1,774 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 2 Lancaster Drive Verwood has increased by £4,892 (1.0%) and its rental value has increased by £73 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 2, Lancaster Drive, Verwood is in very good condition we estimate a sale value of £540,200 and rental value of £1,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £478,463 and a rental value of £1,650 per month.
If you were able to purchase this property for the estimated value of £514,476, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,528 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, 2, Lancaster Drive, Verwood sits on a plot of 514m2.
We have plot size data on 18 out of 26 other houses in the postcode and 2, Lancaster Drive, Verwood sits on the 15th largest plot.
According to HM Land Registry, 2, Lancaster Drive, Verwood was last sold on 26 Apr 2013 for £320,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2013, the market for similar properties has risen 59.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lancaster Drive, Verwood within a radius of 125m 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.
Lancaster Drive, Verwood, BH31 has a total of 26 addresses. According to our analysis of all the public data, 2, Lancaster Drive, Verwood is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in BH31.
2, Lancaster Drive, Verwood has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2013.
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 2, Lancaster Drive, 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 2, Lancaster Drive, 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 2, Lancaster Drive, 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 2, Lancaster Drive, 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 2, Lancaster Drive, 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 2, Lancaster Drive, 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.