According to the public record, 18A, Markham Road, Bournemouth is a period leasehold apartment and with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 18, Markham Road, Bournemouth, BH9.
Markham Road, Bournemouth, BH9 is located within the BH9 postal district.
18A, Markham Road, Bournemouth has 31 entries in the Land Registry database, most recently in February 2024 and a single entry in the EPC database dated August 2023.
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 18A Markham Road Bournemouth as £210,899 and the rental value as £1,227 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 18A Markham Road Bournemouth has increased by £2,287 (1.1%) and its rental value has increased by £43 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 18A, Markham Road, Bournemouth is in very good condition we estimate a sale value of £221,444 and rental value of £1,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,136 and a rental value of £1,141 per month.
If you were able to purchase this property for the estimated value of £210,899, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,037 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, 18A, Markham Road, Bournemouth was last sold on 26 Feb 2024 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2024, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18A, Markham Road, Bournemouth within a radius of 249m over the last 2 years.
The most recent example is 21, Markham Road, Bournemouth, BH9 1HY, a Leasehold flat which sold for £214,000 in Jul 2023.
Read more about house prices in BH9.
Markham Road, Bournemouth, BH9 has a total of 198 addresses. According to our analysis of all the public data, 18A, Markham Road, Bournemouth is the 133rd largest and the 138th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in BH9.
18A, Markham Road, Bournemouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2023.
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 18A, Markham Road, Bournemouth is Bournemouth station which is 1.8 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 18A, Markham Road, Bournemouth, 49.6% of property is privately rented and 28.5% 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 18A, Markham Road, Bournemouth, 50.1% of residents are recorded as possessing school level qualifications and 29.1% 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 18A, Markham Road, Bournemouth, the average age was 35.2 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 18A, Markham 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 18A, Markham Road, Bournemouth, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.