According to the public record, 1A Gate House, Midhurst is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Gate House, Edinburgh Square, Midhurst, GU29.
Edinburgh Square, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
1A Gate House, Midhurst has 51 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated September 2021.
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 1A Gate House Midhurst as £269,543 and the rental value as £1,045 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 1A Gate House Midhurst has increased by £7,082 (2.6%) and its rental value has increased by £72 per month (6.9%).
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 1A Gate House, Midhurst is in very good condition we estimate a sale value of £283,020 and rental value of £1,097 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,675 and a rental value of £971 per month.
If you were able to purchase this property for the estimated value of £269,543, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,325 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, 1A Gate House, Midhurst was last sold on 09 Oct 2023 for £295,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A Gate House, Midhurst within a radius of 880 metres over the last 2 years.
The most recent example is Flat 30, Turner House, St. Margarets Way, Midhurst, GU29 9FU, a Leasehold flat which sold for £170,000 in Dec 2023.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edinburgh Square, Midhurst, GU29 has a total of 16 addresses. According to our analysis of all the public data, 1A Gate House, Midhurst is the 16th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £330k less expensive than the average property in GU29.
1A Gate House, Midhurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Sep 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 1A Gate House, Midhurst is Liphook station which is 10.5 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 1A Gate House, Midhurst, 30.8% of property is privately owned outright and 27.5% 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 1A Gate House, Midhurst, 7.3% of residents are recorded as possessing school level qualifications and 41.0% 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 1A Gate House, Midhurst, the average age was 47.7 and the most common age was 72.
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 1A Gate House, Midhurst, 1.0% 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 1A Gate House, Midhurst, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.