According to the public record, Flat 12, 8-9 , Terrace Road, St. Leonards-On-Sea is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 8, Terrace Road, St. Leonards-On-Sea, TN37.
Terrace Road, St. Leonards-On-Sea, TN37 is located in the borough of Hastings within the TN37 postal district.
Flat 12, 8-9 , Terrace Road, St. Leonards-On-Sea has 31 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated May 2022.
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 12 8-9 Terrace Road St. Leonards-On-Sea as £197,669 and the rental value as £936 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 12 8-9 Terrace Road St. Leonards-On-Sea has increased by £4,887 (2.5%) and its rental value has increased by £56 per month (6.0%).
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 12, 8-9 , Terrace Road, St. Leonards-On-Sea is in very good condition we estimate a sale value of £207,553 and rental value of £982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,832 and a rental value of £870 per month.
If you were able to purchase this property for the estimated value of £197,669, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £971 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 12, 8-9 , Terrace Road, St. Leonards-On-Sea was last sold on 20 Feb 2023 for £233,150 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, 8-9 , Terrace Road, St. Leonards-On-Sea within a radius of 270 metres over the last 2 years.
The most recent example is Flat 2, 4, Warrior Gardens, St. Leonards-On-Sea, TN37 6EB, a Leasehold flat which sold for £187,500 in Jan 2024.
Read more about house prices in TN37.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Terrace Road, St. Leonards-On-Sea, TN37 has a total of 80 addresses. According to our analysis of all the public data, Flat 12, 8-9 , Terrace Road, St. Leonards-On-Sea is the 50th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in TN37.
Flat 12, 8-9 , Terrace Road, St. Leonards-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2022.
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 12, 8-9 , Terrace Road, St. Leonards-On-Sea is St Leonards Warrior Square station which is 200 metres 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 12, 8-9 , Terrace Road, St. Leonards-On-Sea, 40.0% of property is socially rented and 31.3% 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 12, 8-9 , Terrace Road, St. Leonards-On-Sea, 16.9% of residents are recorded as possessing school level qualifications and 24.6% 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 12, 8-9 , Terrace Road, St. Leonards-On-Sea, the average age was 42.4 and the most common age was 52.
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 12, 8-9 , Terrace Road, St. Leonards-On-Sea, 1.5% 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 12, 8-9 , Terrace Road, St. Leonards-On-Sea, there are an average of 0.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.