According to the public record, 40A, Bingham Road, Bournemouth is a period leasehold apartment and with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 40, Bingham Road, Bournemouth, BH9.
Bingham Road, Bournemouth, BH9 is located within the BH9 postal district.
40A, Bingham Road, Bournemouth has 51 entries in the Land Registry database, most recently in October 2014 and 2 entries in the EPC database, most recently in July 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 40A Bingham Road Bournemouth as £191,815 and the rental value as £1,064 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 40A Bingham Road Bournemouth has increased by £1,878 (1.0%) and its rental value has increased by £37 per month (3.4%).
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 40A, Bingham Road, Bournemouth is in very good condition we estimate a sale value of £201,406 and rental value of £1,118 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,388 and a rental value of £990 per month.
If you were able to purchase this property for the estimated value of £191,815, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £943 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, 40A, Bingham Road, Bournemouth was last sold on 02 Oct 2014 for £132,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2014, the market for similar properties has risen 35.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40A, Bingham Road, Bournemouth within a radius of 263m over the last 2 years.
The most recent example is Flat 1, 4, Markham Road, Bournemouth, BH9 1HY, a Leasehold flat which sold for £160,000 in Oct 2023.
Read more about house prices in BH9.
Bingham Road, Bournemouth, BH9 has a total of 60 addresses. According to our analysis of all the public data, 40A, Bingham Road, Bournemouth is the 50th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £188k less expensive than the average property in BH9.
40A, Bingham Road, Bournemouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 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 40A, Bingham Road, Bournemouth is Bournemouth station which is 1.5 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 40A, Bingham 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 40A, Bingham 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 40A, Bingham 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 40A, Bingham 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 40A, Bingham 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.