According to the public record, 5, Bourne Way, Midhurst is a mid-century freehold house with 861 ft2 of internal area and sits on a 180 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bourne Way, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
5, Bourne Way, Midhurst has 2 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated March 2016.
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 5 Bourne Way Midhurst as £376,835 and the rental value as £1,575 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 5 Bourne Way Midhurst has increased by £8,981 (2.4%) and its rental value has increased by £106 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 5, Bourne Way, Midhurst is in very good condition we estimate a sale value of £395,676 and rental value of £1,653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,456 and a rental value of £1,465 per month.
If you were able to purchase this property for the estimated value of £376,835, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,852 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, 5, Bourne Way, Midhurst sits on a plot of 180m2.
We have plot size data on 28 out of 41 other houses in the postcode and 5, Bourne Way, Midhurst sits on the 20th largest plot.
According to HM Land Registry, 5, Bourne Way, Midhurst was last sold on 09 May 2016 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Bourne Way, Midhurst within a radius of 720 metres over the last 2 years.
The most recent example is 3, The Fairway, Midhurst, GU29 9JD, a Freehold house which sold for £345,000 in Jul 2023.
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, 5, Bourne Way, Midhurst is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £223k less expensive than the average property in GU29.
5, Bourne Way, Midhurst has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Mar 2016.
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 5, 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 5, 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 5, 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 5, 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 5, 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 5, 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.