According to the public record, 41, Elphinstone Road, Hastings is a period leasehold apartment with 783 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 41, Elphinstone Road, Hastings, TN34.
Elphinstone Road, Hastings, TN34 is located in the borough of Hastings within the TN34 postal district.
41, Elphinstone Road, Hastings has a single entry in the Land Registry database from October 2007 and a single entry in the EPC database dated February 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 41 Elphinstone Road Hastings as £218,329 and the rental value as £1,084 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 41 Elphinstone Road Hastings has increased by £4,822 (2.2%) and its rental value has increased by £56 per month (5.2%).
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 41, Elphinstone Road, Hastings is in very good condition we estimate a sale value of £229,245 and rental value of £1,138 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,046 and a rental value of £1,008 per month.
If you were able to purchase this property for the estimated value of £218,329, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,073 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, 41, Elphinstone Road, Hastings was last sold on 10 Oct 2007 for £119,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 51.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Elphinstone Road, Hastings within a radius of 450 metres over the last 2 years.
The most recent example is Flat 1, 34, Baldslow Road, Hastings, TN34 2EY, a Leasehold flat which sold for £179,000 in Feb 2020.
Read more about house prices in TN34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elphinstone Road, Hastings, TN34 has a total of 257 addresses. According to our analysis of all the public data, 41, Elphinstone Road, Hastings is the 183rd largest and the 181st most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in TN34.
41, Elphinstone Road, Hastings has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Feb 2017.
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 41, Elphinstone Road, Hastings is Ore station which is 700 metres 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 41, Elphinstone Road, Hastings, 40.2% of property is privately rented and 37.4% is privately owned outright.
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 41, Elphinstone Road, Hastings, 16.8% of residents are recorded as possessing school level qualifications and 50.6% 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 41, Elphinstone Road, Hastings, the average age was 36.3 and the most common age was 7.
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 41, Elphinstone Road, Hastings, 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 41, Elphinstone Road, Hastings, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.