According to the public record, 38, The Bourne, Hastings is a mid-century leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The Bourne, Hastings, TN34 is located in the borough of Hastings within the TN34 postal district.
38, The Bourne, Hastings has 51 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated April 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 38 The Bourne Hastings as £216,115 and the rental value as £1,101 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 38 The Bourne Hastings has increased by £5,625 (2.6%) and its rental value has increased by £62 per month (5.6%).
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 38, The Bourne, Hastings is in very good condition we estimate a sale value of £226,921 and rental value of £1,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,987 and a rental value of £1,024 per month.
If you were able to purchase this property for the estimated value of £216,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,062 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, 38, The Bourne, Hastings was last sold on 22 Sep 2017 for £177,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2017, the market for similar properties has risen 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, The Bourne, Hastings within a radius of 620 metres over the last 2 years.
The most recent example is Flat 14, Bourne Court, The Bourne, Hastings, TN34 3UZ, a Leasehold flat which sold for £144,500 in Mar 2020.
Read more about house prices in TN34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Bourne, Hastings, TN34 has a total of 97 addresses. According to our analysis of all the public data, 38, The Bourne, Hastings is the 26th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in TN34.
38, The Bourne, Hastings has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Apr 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 38, The Bourne, Hastings is Ore station which is 1.1 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 38, The Bourne, Hastings, 38.1% of property is privately owned outright and 31.0% is socially 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 38, The Bourne, Hastings, 10.4% of residents are recorded as possessing school level qualifications and 27.8% 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 38, The Bourne, Hastings, the average age was 44.2 and the most common age was 52.
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 38, The Bourne, Hastings, 0.0% 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 38, The Bourne, Hastings, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.