According to the public record, Flat 3, Regency House, Midhurst is a period leasehold apartment with 1,280 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Regency House, St. Margarets Way, Midhurst, GU29.
St. Margarets Way, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
Flat 3, Regency House, Midhurst has a single entry in the Land Registry database from February 2017 and a single entry in the EPC database dated December 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 Regency House Midhurst as £349,234 and the rental value as £1,311 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Flat 3 Regency House Midhurst has increased by £11,503 (3.3%) and its rental value has increased by £99 per month (7.6%).
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, Regency House, Midhurst is in very good condition we estimate a sale value of £366,696 and rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,788 and a rental value of £1,219 per month.
If you were able to purchase this property for the estimated value of £349,234, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,716 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, Regency House, Midhurst was last sold on 24 Feb 2017 for £307,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Regency House, Midhurst within a radius of 760 metres over the last 2 years.
The most recent example is 2 Meadowlea, Carron Lane, Midhurst, GU29 9LE, a Leasehold flat which sold for £285,000 in Sep 2019.
Read more about house prices in GU29.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Margarets Way, Midhurst, GU29 has a total of 64 addresses. According to our analysis of all the public data, Flat 3, Regency House, Midhurst is the 5th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in GU29.
Flat 3, Regency House, Midhurst has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Dec 2018.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, Regency House, Midhurst is Liphook station which is 10.4 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 3, Regency House, Midhurst, 50.2% of property is privately owned outright and 23.8% 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, Regency House, Midhurst, 11.0% of residents are recorded as possessing school level qualifications and 42.0% 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, Regency House, 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 3, Regency House, Midhurst, 1.4% 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, Regency House, Midhurst, 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.