According to the public record, 8, Elderwood Close, Eastbourne is a mid-century freehold house and with 850 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elderwood Close, Eastbourne, BN22 is located in the borough of Eastbourne within the BN22 postal district.
8, Elderwood Close, Eastbourne has 2 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated May 2015.
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 8 Elderwood Close Eastbourne as £292,663 and the rental value as £1,313 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 8 Elderwood Close Eastbourne has increased by £5,446 (1.9%) and its rental value has increased by £102 per month (7.8%).
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 8, Elderwood Close, Eastbourne is in very good condition we estimate a sale value of £307,296 and rental value of £1,379 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,176 and a rental value of £1,221 per month.
If you were able to purchase this property for the estimated value of £292,663, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,438 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, 8, Elderwood Close, Eastbourne sits on a plot of 150m2.
We have plot size data on 18 out of 26 other houses in the postcode and 8, Elderwood Close, Eastbourne sits on the 14th largest plot.
According to HM Land Registry, 8, Elderwood Close, Eastbourne was last sold on 24 Jul 2020 for £243,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elderwood Close, Eastbourne within a radius of 61m over the last 2 years.
The most recent example is 25, Broom Close, Eastbourne, BN22 0TQ, a Freehold house which sold for £302,500 in Jan 2023.
Read more about house prices in BN22.
Elderwood Close, Eastbourne, BN22 has a total of 26 addresses. According to our analysis of all the public data, 8, Elderwood Close, Eastbourne is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £44 less expensive than the average property in BN22.
8, Elderwood Close, Eastbourne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 May 2015.
The property is not connected to mains gas and has partial multiple glazing. It is heated using electric storage heaters.
The closest station to 8, Elderwood Close, Eastbourne is Hampden Park (Sussex) station which is 1.3 km 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 8, Elderwood Close, Eastbourne, 54.7% of property is privately owned outright and 33.6% 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 8, Elderwood Close, Eastbourne, 15.4% of residents are recorded as possessing school level qualifications and 21.0% 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 8, Elderwood Close, Eastbourne, the average age was 39.1 and the most common age was 12.
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 8, Elderwood Close, Eastbourne, 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 8, Elderwood Close, Eastbourne, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.