According to the public record, 8, Oak Road, Bournemouth is a period freehold house and with 1,227 ft2 of internal area and sits on a 291 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oak Road, Bournemouth, BH8 is located within the BH8 postal district.
8, Oak Road, Bournemouth has a single entry in the Land Registry database from May 2020 and a single entry in the EPC database dated October 2019.
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 8 Oak Road Bournemouth as £423,799 and the rental value as £2,102 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 8 Oak Road Bournemouth has increased by £2,513 (0.6%) and its rental value has increased by £73 per month (3.5%).
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 8, Oak Road, Bournemouth is in very good condition we estimate a sale value of £444,989 and rental value of £2,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,133 and a rental value of £1,954 per month.
If you were able to purchase this property for the estimated value of £423,799, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,083 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, 8, Oak Road, Bournemouth sits on a plot of 291m2.
We have plot size data on 9 out of 11 other houses in the postcode and 8, Oak Road, Bournemouth sits on the 5th largest plot.
According to HM Land Registry, 8, Oak Road, Bournemouth was last sold on 14 May 2020 for £403,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oak Road, Bournemouth within a radius of 121m over the last 2 years.
The most recent example is 100, Avon Road, Bournemouth, BH8 8SF, a Freehold house which sold for £240,000 in May 2023.
Read more about house prices in BH8.
Oak Road, Bournemouth, BH8 has a total of 11 addresses. According to our analysis of all the public data, 8, Oak Road, Bournemouth is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in BH8.
8, Oak Road, Bournemouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2019.
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 8, Oak Road, Bournemouth is Bournemouth station which is 1.2 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 8, Oak Road, Bournemouth, 38.5% of property is privately owned with a mortgage and 34.5% is privately rented.
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 8, Oak Road, Bournemouth, 21.9% of residents are recorded as possessing school level qualifications and 39.4% 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 8, Oak Road, Bournemouth, the average age was 35.3 and the most common age was 22.
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 8, Oak Road, Bournemouth, 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 8, Oak Road, Bournemouth, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.