According to the public record, Flat 1, Lyme Bay Court, Lyme Regis is a modern leasehold apartment and with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lyme Bay Court, Pound Road, Lyme Regis, DT7.
Pound Road, Lyme Regis, DT7 is located within the DT7 postal district.
Flat 1, Lyme Bay Court, Lyme Regis has 21 entries in the Land Registry database, most recently in September 2018 and no records in the EPC database.
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 Lyme Bay Court Lyme Regis as £208,985 and the rental value as £876 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 1 Lyme Bay Court Lyme Regis has increased by £2,064 (1.0%) and its rental value has increased by £29 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 Flat 1, Lyme Bay Court, Lyme Regis is in very good condition we estimate a sale value of £219,434 and rental value of £920 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,356 and a rental value of £815 per month.
If you were able to purchase this property for the estimated value of £208,985, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,027 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, Lyme Bay Court, Lyme Regis was last sold on 07 Sep 2018 for £110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2018, the market for similar properties has risen 21.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Lyme Bay Court, Lyme Regis within a radius of 340m over the last 2 years.
The most recent example is Flat 1, Charmouth House, Portland Court, Lyme Regis, DT7 3NN, a Leasehold flat which sold for £160,000 in Dec 2020.
Read more about house prices in DT7.
Pound Road, Lyme Regis, DT7 has a total of 44 addresses. According to our analysis of all the public data, Flat 1, Lyme Bay Court, Lyme Regis is the 37th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in DT7.
Flat 1, Lyme Bay Court, Lyme Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2017.
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, Lyme Bay Court, Lyme Regis is Axminster station which is 7.4 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, Lyme Bay Court, Lyme Regis, 69.9% of property is privately owned outright and 16.4% 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, Lyme Bay Court, Lyme Regis, 8.0% of residents are recorded as possessing school level qualifications and 50.6% 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, Lyme Bay 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 Flat 1, Lyme Bay Court, Lyme Regis, 2.1% 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 Flat 1, Lyme Bay Court, Lyme Regis, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.