According to the public record, 41A, Silver Street, Lyme Regis is a period apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Silver Street, Lyme Regis, DT7 is located within the DT7 postal district.
41A, Silver Street, Lyme Regis has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2020.
We combine this information with public data 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 41A Silver Street Lyme Regis as £204,915 and the rental value as £901 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 41A Silver Street Lyme Regis has increased by £2,526 (1.2%) and its rental value has increased by £32 per month (3.6%).
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 41A, Silver Street, Lyme Regis is in very good condition we estimate a sale value of £215,161 and rental value of £946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,571 and a rental value of £838 per month.
If you were able to purchase this property for the estimated value of £204,915, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,007 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, 41A, Silver Street, Lyme Regis was last sold on 28 Aug 2002 for £81,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41A, Silver Street, Lyme Regis within a radius of 720 metres over the last 2 years.
The most recent example is Flat 3, 20, Broad Street, Lyme Regis, DT7 3QE, a Leasehold flat which sold for £225,500 in Aug 2023.
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, 41A, Silver Street, Lyme Regis is the 83rd largest and the 79th most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in DT7.
41A, Silver Street, Lyme Regis has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 Nov 2020.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Room heaters, electric.
The closest station to 41A, Silver Street, Lyme Regis is Axminster station which is 7.6 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 41A, Silver Street, Lyme Regis, 51.2% of property is privately owned outright and 24.0% 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 41A, Silver Street, Lyme Regis, 5.2% of residents are recorded as possessing school level qualifications and 45.7% 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 41A, Silver Street, 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 41A, Silver Street, Lyme Regis, 0.5% 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 41A, Silver Street, Lyme Regis, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.