According to the public record, 3B, Elgin Road, Bournemouth is a mid-century leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 3, Elgin Road, Bournemouth, BH4.
Elgin Road, Bournemouth, BH4 is located within the BH4 postal district.
3B, Elgin Road, Bournemouth has 41 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated July 2013.
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 3B Elgin Road Bournemouth as £397,637 and the rental value as £1,383 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 3B Elgin Road Bournemouth has increased by £2,165 (0.5%) and its rental value has increased by £37 per month (2.7%).
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 3B, Elgin Road, Bournemouth is in very good condition we estimate a sale value of £417,518 and rental value of £1,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,802 and a rental value of £1,286 per month.
If you were able to purchase this property for the estimated value of £397,637, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,954 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, 3B, Elgin Road, Bournemouth was last sold on 19 Feb 2018 for £345,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Feb 2018, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3B, Elgin Road, Bournemouth within a radius of 900 metres over the last 2 years.
The most recent example is Flat 10, Glenleven 9, Glenferness Avenue, Bournemouth, BH4 9ND, a Leasehold flat which sold for £340,000 in Jul 2023.
Read more about house prices in BH4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Road, Bournemouth, BH4 has a total of 28 addresses. According to our analysis of all the public data, 3B, Elgin Road, Bournemouth is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in BH4.
3B, Elgin Road, Bournemouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2013.
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 3B, Elgin Road, Bournemouth is Bournemouth station which is 2.0 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 3B, Elgin Road, Bournemouth, 48.8% of property is privately owned outright and 45.0% 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 3B, Elgin Road, Bournemouth, 18.0% of residents are recorded as possessing school level qualifications and 50.2% 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 3B, Elgin Road, Bournemouth, the average age was 41.2 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 3B, Elgin Road, Bournemouth, 1.9% 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 3B, Elgin Road, Bournemouth, there are an average of 2.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.