According to the public record, Flat 1, 4, Milnthorpe Road, Eastbourne is a period leasehold apartment and with 1,463 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 4, Milnthorpe Road, Eastbourne, BN20.
Milnthorpe Road, Eastbourne, BN20 is located in the borough of Eastbourne within the BN20 postal district.
Flat 1, 4, Milnthorpe Road, Eastbourne has a single entry in the Land Registry database from December 2022 and 2 entries in the EPC database, most recently in September 2023.
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 Flat 1 4 Milnthorpe Road Eastbourne as £470,826 and the rental value as £1,990 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 1 4 Milnthorpe Road Eastbourne has increased by £16,422 (3.5%) and its rental value has increased by £125 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 Flat 1, 4, Milnthorpe Road, Eastbourne is in very good condition we estimate a sale value of £494,367 and rental value of £2,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £437,868 and a rental value of £1,851 per month.
If you were able to purchase this property for the estimated value of £470,826, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,314 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, Flat 1, 4, Milnthorpe Road, Eastbourne was last sold on 22 Dec 2022 for £510,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 4, Milnthorpe Road, Eastbourne within a radius of 433m over the last 2 years.
The most recent example is Flat 3, 1, Chatsworth Gardens, Eastbourne, BN20 7JP, a Leasehold flat which sold for £500,000 in May 2024.
Read more about house prices in BN20.
Milnthorpe Road, Eastbourne, BN20 has a total of 71 addresses. According to our analysis of all the public data, Flat 1, 4, Milnthorpe Road, Eastbourne is the 18th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in BN20.
Flat 1, 4, Milnthorpe Road, Eastbourne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Sep 2023.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 4, Milnthorpe Road, Eastbourne is Eastbourne station which is 1.6 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 Flat 1, 4, Milnthorpe Road, Eastbourne, 49.3% of property is privately owned outright and 37.9% 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 Flat 1, 4, Milnthorpe Road, Eastbourne, 11.1% of residents are recorded as possessing school level qualifications and 37.8% 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 Flat 1, 4, Milnthorpe Road, Eastbourne, the average age was 54.9 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 Flat 1, 4, Milnthorpe Road, Eastbourne, 1.8% 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 Flat 1, 4, Milnthorpe Road, Eastbourne, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.