According to the public record, 2 Peachey House, Midhurst is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Peachey House, Bepton Road, Midhurst, GU29.
Bepton Road, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
2 Peachey House, Midhurst has a single entry in the Land Registry database from November 2011 and a single entry in the EPC database dated April 2015.
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 2 Peachey House Midhurst as £261,910 and the rental value as £994 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 2 Peachey House Midhurst has increased by £7,078 (2.7%) and its rental value has increased by £69 per month (7.0%).
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 2 Peachey House, Midhurst is in very good condition we estimate a sale value of £275,005 and rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,576 and a rental value of £925 per month.
If you were able to purchase this property for the estimated value of £261,910, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,287 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, 2 Peachey House, Midhurst was last sold on 30 Nov 2011 for £283,140 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 44.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Peachey House, Midhurst within a radius of 690 metres over the last 2 years.
The most recent example is Flat 10, Turner House, St. Margarets Way, Midhurst, GU29 9FU, a Leasehold flat which sold for £240,000 in Oct 2022.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bepton Road, Midhurst, GU29 has a total of 132 addresses. According to our analysis of all the public data, 2 Peachey House, Midhurst is the 71st largest and the 64th most expensive property on the street.
When compared to the postcode district it is £338k less expensive than the average property in GU29.
2 Peachey House, Midhurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2015.
The property is not connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to 2 Peachey 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 2 Peachey House, Midhurst, 50.2% of property is privately owned outright and 23.8% 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 2 Peachey House, Midhurst, 11.0% of residents are recorded as possessing school level qualifications and 42.0% 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 2 Peachey 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 2 Peachey House, Midhurst, 1.4% 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 2 Peachey House, Midhurst, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.