According to the public record, Bridge Cottage, Midhurst is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,974 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Well Lane, Cocking Causeway, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
Bridge Cottage, Midhurst has a single entry in the Land Registry database from January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Bridge Cottage Midhurst as £1,042,539 and the rental value as £2,117 per month giving an expected gross yield of 2.4%.
Over the last 12 months the sale value of Bridge Cottage Midhurst has increased by £21,863 (2.1%) and its rental value has increased by £134 per month (6.3%).
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 Bridge Cottage, Midhurst is in very good condition we estimate a sale value of £1,094,666 and rental value of £2,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £969,562 and a rental value of £1,969 per month.
If you were able to purchase this property for the estimated value of £1,042,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,124 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, Bridge Cottage, Midhurst was last sold on 05 Jan 2007 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2007, the market for similar properties has risen 65.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Bridge Cottage, Midhurst within a radius of 1.7 kilometres over the last 2 years.
The most recent example is The Croft, Chichester Road, Midhurst, GU29 9QE, a Freehold house which sold for £765,000 in Jan 2019.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Well Lane, Cocking Causeway, Midhurst, GU29 has a total of 5 addresses. According to our analysis of all the public data, Bridge Cottage, Midhurst is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £443k more expensive than the average property in GU29.
The closest station to Bridge Cottage, Midhurst is Liphook station which is 11.8 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 Bridge Cottage, Midhurst, 42.1% of property is privately owned outright and 30.8% 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 Bridge Cottage, Midhurst, 16.8% of residents are recorded as possessing school level qualifications and 39.3% 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 Bridge Cottage, 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 Bridge Cottage, Midhurst, 2.6% 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 Bridge Cottage, Midhurst, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.