# HOMEFORDE HOUSE FLAT 18 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX

## Property details

- Slug: `61b986a` (address key hash: `61b986acace708acd7c5d3069225ebda29b1e62e`)
- Postcode: SO42 7QX
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- Bedrooms: 1
- Bathrooms: 1
- Last sold: £88,000 Apr 2026
- Local average: £190,833 (6 sales)
- Street crime: 8 incidents within 1 mile (May 2026)

## Latest sale

- Price: £88,000
- Date: 2026-04-14
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-04-14 | £88,000 | Flat | -2.2% | £88,000 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-0966-b8d0-e063-4704a8c08d98) |
| Sold | 2023-06-16 | £90,000 | Flat | — | £77,533 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/01eb45ef-c7d5-40f3-e063-4704a8c05fde) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| HOMEFORDE HOUSE FLAT 18 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £88,000 | 14/04/2026 | Flat |
| HOMEFORDE HOUSE FLAT 18 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £90,000 | 16/06/2023 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [161953094](http://87.117.209.195:8080/listings/aea2e9d)

| Event | Date | Price |
|-------|------|-------|
| listed | 2025-05-14 | £90,000 |
| sold | 2023-01-01 | £90,000 |
| sold | 1995-01-01 | £33,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| HOLMWOOD 20 THE RISE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7AF | £710,000 | 07/10/2025 | Flat |
| HOMEFORDE HOUSE FLAT 36 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £84,000 | 04/06/2025 | Flat |
| HOMEFORDE HOUSE FLAT 12 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £80,000 | 02/06/2025 | Flat |
| HOMEFORDE HOUSE FLAT 37 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £92,500 | 13/12/2024 | Flat |
| HOMEFORDE HOUSE FLAT 21 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £90,500 | 13/09/2024 | Flat |
| HOMEFORDE HOUSE FLAT 10 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £92,500 | 30/11/2023 | Flat |
| HOLMWOOD 7 THE RISE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7AF | £435,000 | 22/11/2023 | Flat |
| HOMEFORDE HOUSE FLAT 1 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £92,500 | 22/05/2023 | Flat |
| HOMEFORDE HOUSE FLAT 20 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £84,000 | 31/03/2023 | Flat |
| HOMEFORDE HOUSE FLAT 47 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £87,000 | 02/03/2023 | Flat |
| HOMEFORDE HOUSE FLAT 19 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £95,000 | 31/10/2022 | Flat |
| HAYTERS COURT FLAT 8B GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7PG | £385,950 | 02/09/2022 | Flat |
| HAYTERS COURT FLAT 8A GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7PG | £270,000 | 31/05/2022 | Flat |
| HAYTERS COURT FLAT 7A GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7PG | £260,000 | 28/02/2022 | Flat |
| HAYTERS COURT FLAT 7B GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7PG | £395,000 | 17/02/2022 | Flat |
| HAYTERS COURT FLAT 9 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7PG | £450,000 | 17/02/2022 | Flat |
| HOMEFORDE HOUSE FLAT 30 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £116,000 | 28/01/2022 | Flat |
| BROOKLEY COURT FLAT 2 FIBBARDS ROAD, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7RD | £395,000 | 21/01/2022 | Flat |
| HOMEFORDE HOUSE FLAT 42 GRIGG LANE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7QX | £95,000 | 04/01/2022 | Flat |
| HOLMWOOD 1 THE RISE, BROCKENHURST, NEW FOREST, HAMPSHIRE, SO42 7AF | £510,000 | 17/12/2021 | Flat |

**Area average:** £240,998 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 256.3%
- **10y growth:** 69.2%

## House Price Index (HM Land Registry)

*Official index for New Forest; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -4.7%
- **5y growth (index):** -6.3%
- **10y growth (index):** 6.2%

## Rental Range

*ONS Price Index of Private Rents (New Forest). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,116/mo
- **Realistic:** £1,240/mo
- **Optimistic:** £1,364/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Southampton (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Eastbank Road, SO42 | £975/mo | 1 | 0.27 miles | OpenRent |

**Average rent: £975/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.11% (strong)
- **Max investor price (0.8%):** £121,875
- **Target investor price (1%):** £97,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £975/mo).*

- **Gross yield:** 13.3%
- **Cost-to-rent:** 7.5×
- **Monthly cashflow:** £506/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 23.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Anti-social behaviour | 2 |
| Other theft | 2 |
| Bicycle theft | 1 |
| Burglary | 1 |
| Vehicle crime | 1 |
| Violence and sexual offences | 1 |
| **Total incidents** | **8** |

*Within 1 mile during May 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Brockenhurst College | Other | 0.3 miles | — (No rating) |
| Brockenhurst Church of England Primary School & Pre-School | Primary | 0.3 miles | Good — 5 Feb 2014 |
| Coxlease School | Other | 2.7 miles | Good — 14 Mar 2022 |
| St Luke's Church of England Primary School | Primary | 2.7 miles | Outstanding — 14 Mar 2023 |
| Hill House School | Other | 2.8 miles | Outstanding — 7 May 2024 |