According to the public record, Flat 3, 3, Albany Road, St. Leonards-On-Sea is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Albany Road, St. Leonards-On-Sea, TN38.
Albany Road, St. Leonards-On-Sea, TN38 is located in the borough of Hastings within the TN38 postal district.
Flat 3, 3, Albany Road, St. Leonards-On-Sea has a single entry in the Land Registry database from May 2023 and a single entry in the EPC database dated November 2018.
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 3 3 Albany Road St. Leonards-On-Sea as £212,484 and the rental value as £1,071 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 3 3 Albany Road St. Leonards-On-Sea has increased by £5,471 (2.6%) and its rental value has increased by £67 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 3, 3, Albany Road, St. Leonards-On-Sea is in very good condition we estimate a sale value of £223,108 and rental value of £1,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,610 and a rental value of £996 per month.
If you were able to purchase this property for the estimated value of £212,484, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,044 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 3, 3, Albany Road, St. Leonards-On-Sea was last sold on 19 May 2023 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 3, Albany Road, St. Leonards-On-Sea within a radius of 450 metres over the last 2 years.
The most recent example is Flat 4, 28, Boscobel Road, St. Leonards-On-Sea, TN38 0LX, a Leasehold flat which sold for £225,000 in Dec 2023.
Read more about house prices in TN38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albany Road, St. Leonards-On-Sea, TN38 has a total of 158 addresses. According to our analysis of all the public data, Flat 3, 3, Albany Road, St. Leonards-On-Sea is the 89th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in TN38.
Flat 3, 3, Albany Road, St. Leonards-On-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using electric storage heaters.
The closest station to Flat 3, 3, Albany Road, St. Leonards-On-Sea is West St Leonards station which is 700 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 3, 3, Albany Road, St. Leonards-On-Sea, 43.6% of property is privately owned outright and 30.7% 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 3, 3, Albany Road, St. Leonards-On-Sea, 13.5% of residents are recorded as possessing school level qualifications and 41.2% 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 3, 3, Albany Road, St. Leonards-On-Sea, the average age was 44.7 and the most common age was 57.
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 3, 3, Albany Road, St. Leonards-On-Sea, 0.0% 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 3, 3, Albany Road, St. Leonards-On-Sea, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.