According to the public record, 3 Mill Lane Cottages, Mill Lane, Midhurst is a period freehold house with 1,560 ft2 of internal area and sits on a 516 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mill Lane, Stedham, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
3 Mill Lane Cottages, Mill Lane, Midhurst has 21 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated January 2024.
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 3 Mill Lane Cottages Mill Lane Midhurst as £749,901 and the rental value as £2,026 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 3 Mill Lane Cottages Mill Lane Midhurst has increased by £13,521 (1.8%) and its rental value has increased by £121 per month (6.0%).
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 3 Mill Lane Cottages, Mill Lane, Midhurst is in very good condition we estimate a sale value of £787,396 and rental value of £2,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £697,408 and a rental value of £1,885 per month.
If you were able to purchase this property for the estimated value of £749,901, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,686 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, 3 Mill Lane Cottages, Mill Lane, Midhurst sits on a plot of 516m2.
We have plot size data on 6 out of 8 other houses in the postcode and 3 Mill Lane Cottages, Mill Lane, Midhurst sits on the 5th largest plot.
According to HM Land Registry, 3 Mill Lane Cottages, Mill Lane, Midhurst was last sold on 19 Nov 2018 for £625,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 22.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Mill Lane Cottages, Mill Lane, Midhurst within a radius of 2.5 kilometres over the last 2 years.
The most recent example is The Reading Rooms, The Street, Midhurst, GU29 0NQ, a Freehold house which sold for £730,000 in Jun 2024.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Stedham, Midhurst, GU29 has a total of 27 addresses. According to our analysis of all the public data, 3 Mill Lane Cottages, Mill Lane, Midhurst is the 12th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in GU29.
3 Mill Lane Cottages, Mill Lane, Midhurst has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 24 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 3 Mill Lane Cottages, Mill Lane, Midhurst is Liphook station which is 8.4 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 3 Mill Lane Cottages, Mill Lane, Midhurst, 53.4% of property is privately owned outright and 36.6% is privately owned with a mortgage.
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 3 Mill Lane Cottages, Mill Lane, Midhurst, 13.6% of residents are recorded as possessing school level qualifications and 48.1% 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 3 Mill Lane Cottages, Mill Lane, 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 3 Mill Lane Cottages, Mill Lane, Midhurst, 1.7% 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 3 Mill Lane Cottages, Mill Lane, 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.