As updated by Fells New Forest in Nov 2016, 7, Pound Close, Ringwood is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 323 m2 plot comprising 3 bedrooms with a garden.
Pound Close, Ringwood, BH24 is located in the borough of New Forest within the BH24 postal district.
Based on both the data supplied by Fells New Forest and the public information available in the area, we estimate the current sale value for 7 Pound Close Ringwood as £394,616 and the rental value as £1,565 per month giving an expected gross yield of 4.8%.
Fells New Forest described the decorative condition as fair in Nov 2016.
Over the last 12 months the sale value of 7 Pound Close Ringwood has increased by £3,885 (1.0%) and its rental value has increased by £63 per month (4.0%).
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 7, Pound Close, Ringwood is in very good condition we estimate a sale value of £414,347 and rental value of £1,644 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,993 and a rental value of £1,456 per month.
If you were able to purchase this property for the estimated value of £394,616, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,939 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, 7, Pound Close, Ringwood sits on a plot of 323m2.
We have plot size data on 8 out of 13 other houses in the postcode and 7, Pound Close, Ringwood sits on the 7th largest plot.
According to Fells New Forest and HM Land Registry, 7, Pound Close, Ringwood was last sold on 18 Nov 2016 for £330,000 and was recorded as a freehold house.
The selling agent was Fells New Forest. The property has had 3 sales since 1995.
Since Nov 2016, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Pound Close, Ringwood within a radius of 820 metres over the last 2 years.
The most recent example is 7A, Parsonage Barn Lane, Ringwood, BH24 1PS, a Freehold house which sold for £340,000 in Jul 2023.
Read more about house prices in BH24.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pound Close, Ringwood, BH24 has a total of 14 addresses. According to our analysis of all the public data, 7, Pound Close, Ringwood is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in BH24.
7, Pound Close, Ringwood has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2016.
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 7, Pound Close, Ringwood is Hinton Admiral station which is 12.1 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 7, Pound Close, Ringwood, 39.7% of property is privately owned outright and 27.4% 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 7, Pound Close, Ringwood, 12.4% of residents are recorded as possessing school level qualifications and 31.7% 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 7, Pound Close, 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 7, Pound Close, Ringwood, 0.7% 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 7, Pound Close, Ringwood, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.