According to the public record, 42, Broadshard Lane, Ringwood is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,446 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Broadshard Lane, Ringwood, BH24 is located in the borough of New Forest within the BH24 postal district.
42, Broadshard Lane, Ringwood has 2 entries in the Land Registry database, most recently in May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 42 Broadshard Lane Ringwood as £671,837 and the rental value as £1,972 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 42 Broadshard Lane Ringwood has decreased by £782 (0.1%) and its rental value has increased by £57 per month (2.9%).
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 42, Broadshard Lane, Ringwood is in very good condition we estimate a sale value of £705,429 and rental value of £2,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £624,809 and a rental value of £1,834 per month.
If you were able to purchase this property for the estimated value of £671,837, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,302 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 HM Land Registry, 42, Broadshard Lane, Ringwood was last sold on 11 May 2007 for £439,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Broadshard Lane, Ringwood within a radius of 141m over the last 2 years.
The most recent example is 2 Broadshard Court, Broadshard Lane, Ringwood, BH24 1RS, a Freehold house which sold for £692,000 in Dec 2023.
Read more about house prices in BH24.
Broadshard Lane, Ringwood, BH24 has a total of 66 addresses. According to our analysis of all the public data, 42, Broadshard Lane, Ringwood is the 33rd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £163k more expensive than the average property in BH24.
The closest station to 42, Broadshard Lane, Ringwood is Hinton Admiral station which is 12.2 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 42, Broadshard Lane, Ringwood, 59.5% of property is privately owned outright and 35.1% 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 42, Broadshard Lane, Ringwood, 20.3% of residents are recorded as possessing school level qualifications and 37.4% 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 42, Broadshard Lane, Ringwood, the average age was 46.2 and the most common age was 57.
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 42, Broadshard Lane, Ringwood, 0.0% 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 42, Broadshard Lane, Ringwood, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.