According to the public record, 1 New Cottage, Midhurst is a mid-century freehold house with 1,097 ft2 of internal area and sits on a 727 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Iping, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
1 New Cottage, Midhurst has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated November 2017.
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 1 New Cottage Midhurst as £891,358 and the rental value as £2,093 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of 1 New Cottage Midhurst has increased by £22,137 (2.5%) and its rental value has increased by £140 per month (6.7%).
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 1 New Cottage, Midhurst is in very good condition we estimate a sale value of £935,926 and rental value of £2,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £828,963 and a rental value of £1,947 per month.
If you were able to purchase this property for the estimated value of £891,358, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,381 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 data from HM Land Registry, 1 New Cottage, Midhurst sits on a plot of 727m2.
We have plot size data on 11 out of 16 other houses in the postcode and 1 New Cottage, Midhurst sits on the 9th largest plot.
According to HM Land Registry, 1 New Cottage, Midhurst was last sold on 05 Dec 2014 for £282,510 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 37.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 New Cottage, Midhurst within a radius of 3.4 kilometres over the last 2 years.
The most recent example is Rotherhill Lodge East, Midhurst, GU29 0PA, a Freehold house which sold for £865,000 in Oct 2023.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Iping, Midhurst, GU29 has a total of 81 addresses. According to our analysis of all the public data, 1 New Cottage, Midhurst is the 60th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £292k more expensive than the average property in GU29.
1 New Cottage, Midhurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to 1 New Cottage, Midhurst is Liphook station which is 8.1 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 1 New Cottage, Midhurst, 44.1% of property is privately owned outright and 31.4% is privately rented.
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 1 New Cottage, Midhurst, 11.5% of residents are recorded as possessing school level qualifications and 43.6% 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 1 New Cottage, Midhurst, the average age was 47.7 and the most common age was 57.
The graph below shows how this compares to South East 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 1 New Cottage, Midhurst, 3.8% of property was a second home.
Comparison figures for South East 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 1 New Cottage, Midhurst, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.