According to the public record, 8 Lewesdon Court, Lyme Regis is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lewesdon Court, Silver Street, Lyme Regis, DT7.
Silver Street, Lyme Regis, DT7 is located within the DT7 postal district.
8 Lewesdon Court, Lyme Regis has 31 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated August 2021.
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 Lewesdon Court Lyme Regis as £257,513 and the rental value as £1,001 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 8 Lewesdon Court Lyme Regis has increased by £2,544 (1.0%) and its rental value has increased by £34 per month (3.4%).
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 Lewesdon Court, Lyme Regis is in very good condition we estimate a sale value of £270,388 and rental value of £1,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,487 and a rental value of £931 per month.
If you were able to purchase this property for the estimated value of £257,513, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,266 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, 8 Lewesdon Court, Lyme Regis was last sold on 16 Nov 2021 for £265,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Lewesdon Court, Lyme Regis within a radius of 670 metres over the last 2 years.
The most recent example is 6 Lewesdon Court, Silver Street, Lyme Regis, DT7 3HU, a Leasehold flat which sold for £255,000 in Jun 2022.
Read more about house prices in DT7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silver Street, Lyme Regis, DT7 has a total of 87 addresses. According to our analysis of all the public data, 8 Lewesdon Court, Lyme Regis is the 59th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in DT7.
8 Lewesdon Court, Lyme Regis has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 8 Lewesdon Court, Lyme Regis is Axminster station which is 7.2 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 8 Lewesdon Court, Lyme Regis, 57.7% of property is privately owned outright and 23.6% 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 8 Lewesdon Court, Lyme Regis, 5.2% of residents are recorded as possessing school level qualifications and 36.7% 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 Lewesdon Court, Lyme Regis, the average age was 53.1 and the most common age was 72.
The graph below shows how this compares to South West 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 Lewesdon Court, Lyme Regis, 1.4% of property was a second home.
Comparison figures for South West 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 Lewesdon Court, Lyme Regis, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.