According to the public record, 53, Oakwood Close, Midhurst is a mid-century leasehold apartment with 286 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Oakwood Close, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
53, Oakwood Close, Midhurst has 41 entries in the Land Registry database, most recently in January 2017 and a single entry in the EPC database dated December 2010.
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 53 Oakwood Close Midhurst as £145,242 and the rental value as £633 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 53 Oakwood Close Midhurst has increased by £3,321 (2.3%) and its rental value has increased by £42 per month (6.6%).
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 53, Oakwood Close, Midhurst is in very good condition we estimate a sale value of £152,504 and rental value of £665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,075 and a rental value of £589 per month.
If you were able to purchase this property for the estimated value of £145,242, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £714 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, 53, Oakwood Close, Midhurst was last sold on 27 Jan 2017 for £117,950 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2017, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Oakwood Close, Midhurst within a radius of 740 metres over the last 2 years.
The most recent example is 54, Oakwood Close, Midhurst, GU29 9QP, a Leasehold flat which sold for £155,000 in Nov 2020.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Close, Midhurst, GU29 has a total of 76 addresses. According to our analysis of all the public data, 53, Oakwood Close, Midhurst is the 65th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £454k less expensive than the average property in GU29.
53, Oakwood Close, Midhurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Dec 2010.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 53, Oakwood Close, Midhurst is Liphook station which is 10.6 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 53, Oakwood Close, Midhurst, 45.5% of property is privately owned outright and 34.7% 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 53, Oakwood Close, Midhurst, 18.7% of residents are recorded as possessing school level qualifications and 37.3% 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 53, Oakwood Close, 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 53, Oakwood Close, 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 53, Oakwood Close, Midhurst, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.