According to the public record, Flat 1, Hillcrest, Midhurst is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Hillcrest, South Street, Midhurst, GU29.
South Street, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
Flat 1, Hillcrest, Midhurst has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated February 2020.
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 Hillcrest Midhurst as £243,979 and the rental value as £1,077 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 1 Hillcrest Midhurst has increased by £6,411 (2.6%) and its rental value has increased by £74 per month (6.9%).
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, Hillcrest, Midhurst is in very good condition we estimate a sale value of £256,178 and rental value of £1,131 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,900 and a rental value of £1,002 per month.
If you were able to purchase this property for the estimated value of £243,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,199 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, Hillcrest, Midhurst was last sold on 22 Mar 2022 for £235,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Hillcrest, Midhurst within a radius of 850 metres over the last 2 years.
The most recent example is 2 St. Annes Court, The Wharf, Midhurst, GU29 9PT, a Leasehold flat which sold for £178,000 in Mar 2023.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Midhurst, GU29 has a total of 12 addresses. According to our analysis of all the public data, Flat 1, Hillcrest, Midhurst is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £356k less expensive than the average property in GU29.
Flat 1, Hillcrest, Midhurst has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, Hillcrest, Midhurst is Liphook station which is 10.5 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 Flat 1, Hillcrest, Midhurst, 30.8% of property is privately owned outright and 27.5% 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, Hillcrest, Midhurst, 7.3% of residents are recorded as possessing school level qualifications and 41.0% 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 Flat 1, Hillcrest, 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 Flat 1, Hillcrest, Midhurst, 1.0% 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 Flat 1, Hillcrest, Midhurst, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.