Flat 1 Palm Lodge, 2 Watkin Road

    FLAT 1 PALM LODGE, 2, WATKIN ROAD, BOURNEMOUTH, BH5 1HP

    This flat/maisonette leasehold property on Watkin Road last sold in February 2021 for £115,000. Based on price growth in the BH5 district since then, its estimated current value is £98,606 — placing it in the 4th percentile nationally and the 5th percentile within BH5. The property covers 48 m² (517 sq ft), giving an estimated value of £2,054 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £115,000

    Feb 2021

    Estimated Valuation

    £98,606

    Est. £/sq ft

    £191/sq ft

    £2,054/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Feb 2021

    £115,000

    1 Dec 2003

    £79,000

    Key Metrics

    Estimated valuation£98,606
    Value per sq ft / m²£191/sq ft (£2,054/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BH5 district percentile5th percentile
    National percentile4th percentile

    District Context — BH5

    BH5 covers the Westbourne and Branksea areas of Dorset, situated along the Jurassic Coast in the south-west of England. The district is a popular coastal residential area with a mix of family homes and holiday properties, drawing residents and visitors alike.

    Average Property Price - BH5

    £295,717

    41

    National percentile

    Average Net Household Income - BH5

    £34,084

    26

    National percentile

    10-Year Annualised Price Growth - BH5

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - BH

    4.2%

    71

    National percentile

    View full analysis for BH5

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