According to the public record, 40, Bourne Way, Midhurst is a mid-century freehold house with 595 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Bourne Way, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
40, Bourne Way, Midhurst has a single entry in the Land Registry database from February 2012 and a single entry in the EPC database dated February 2011.
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 40 Bourne Way Midhurst as £303,551 and the rental value as £1,283 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 40 Bourne Way Midhurst has increased by £6,982 (2.3%) and its rental value has increased by £85 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 40, Bourne Way, Midhurst is in very good condition we estimate a sale value of £318,728 and rental value of £1,347 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,302 and a rental value of £1,193 per month.
If you were able to purchase this property for the estimated value of £303,551, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,492 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, 40, Bourne Way, Midhurst sits on a plot of 230m2.
We have plot size data on 28 out of 41 other houses in the postcode and 40, Bourne Way, Midhurst sits on the 11th largest plot.
According to HM Land Registry, 40, Bourne Way, Midhurst was last sold on 09 Feb 2012 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2012, the market for similar properties has risen 64.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Bourne Way, Midhurst within a radius of 680 metres over the last 2 years.
The most recent example is 45, Oakwood Close, Midhurst, GU29 9QP, a Freehold house which sold for £280,000 in Mar 2020.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bourne Way, Midhurst, GU29 has a total of 41 addresses. According to our analysis of all the public data, 40, Bourne Way, Midhurst is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £296k less expensive than the average property in GU29.
40, Bourne Way, Midhurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 40, Bourne Way, Midhurst is Liphook station which is 10.9 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 40, Bourne Way, Midhurst, 42.9% of property is privately owned outright and 28.6% 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 40, Bourne Way, Midhurst, 9.2% of residents are recorded as possessing school level qualifications and 31.3% 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 40, Bourne Way, 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 40, Bourne Way, Midhurst, 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 40, Bourne Way, Midhurst, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.