According to the public record, Flat 3, Milchester House 12, Eastbourne is a mid-century leasehold apartment and with 1,334 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Milchester House, Staveley Road, Eastbourne, BN20.
Staveley Road, Eastbourne, BN20 is located in the borough of Eastbourne within the BN20 postal district.
Flat 3, Milchester House 12, Eastbourne has 21 entries in the Land Registry database, most recently in November 2023 and 2 entries in the EPC database, most recently in February 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 3 Milchester House 12 Eastbourne as £341,441 and the rental value as £1,696 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 3 Milchester House 12 Eastbourne has increased by £4,201 (1.2%) and its rental value has increased by £67 per month (4.0%).
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 3, Milchester House 12, Eastbourne is in very good condition we estimate a sale value of £358,513 and rental value of £1,780 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,540 and a rental value of £1,577 per month.
If you were able to purchase this property for the estimated value of £341,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,678 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, Milchester House 12, Eastbourne was last sold on 29 Nov 2023 for £375,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Milchester House 12, Eastbourne within a radius of 314m over the last 2 years.
The most recent example is 7, The Moorings, Eastbourne, BN20 7NL, a Leasehold flat which sold for £320,000 in Jan 2022.
Read more about house prices in BN20.
Staveley Road, Eastbourne, BN20 has a total of 114 addresses. According to our analysis of all the public data, Flat 3, Milchester House 12, Eastbourne is the 55th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in BN20.
Flat 3, Milchester House 12, Eastbourne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 3, Milchester House 12, 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 3, Milchester House 12, Eastbourne, 68.6% of property is privately owned outright and 23.1% 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, Milchester House 12, Eastbourne, 5.7% of residents are recorded as possessing school level qualifications and 47.0% 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 3, Milchester House 12, 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 3, Milchester House 12, Eastbourne, 3.8% 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 3, Milchester House 12, Eastbourne, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.