According to the public record, Flat 4, 83, London Road, St. Leonards-On-Sea is a period leasehold apartment and with 484 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 83, London Road, St. Leonards-On-Sea, TN37.
London Road, St. Leonards-On-Sea, TN37 is located in the borough of Hastings within the TN37 postal district.
Flat 4, 83, London Road, St. Leonards-On-Sea has a single entry in the Land Registry database from March 2021 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 4 83 London Road St. Leonards-On-Sea as £163,757 and the rental value as £804 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 4 83 London Road St. Leonards-On-Sea has increased by £3,980 (2.4%) and its rental value has increased by £48 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 4, 83, London Road, St. Leonards-On-Sea is in very good condition we estimate a sale value of £171,945 and rental value of £845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,294 and a rental value of £748 per month.
If you were able to purchase this property for the estimated value of £163,757, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £805 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 4, 83, London Road, St. Leonards-On-Sea was last sold on 08 Mar 2021 for £137,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 83, London Road, St. Leonards-On-Sea within a radius of 100m over the last 2 years.
The most recent example is Flat 3, 73, London Road, St. Leonards-On-Sea, TN37 6AR, a Leasehold flat which sold for £170,000 in Aug 2023.
Read more about house prices in TN37.
London Road, St. Leonards-On-Sea, TN37 has a total of 584 addresses. According to our analysis of all the public data, Flat 4, 83, London Road, St. Leonards-On-Sea is the 468th largest and the 374th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in TN37.
Flat 4, 83, London Road, St. Leonards-On-Sea has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 4, 83, London Road, St. Leonards-On-Sea is St Leonards Warrior Square station which is 100 m 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 4, 83, London Road, St. Leonards-On-Sea, 60.6% of property is privately rented and 14.4% is privately owned outright.
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 4, 83, London Road, St. Leonards-On-Sea, 14.0% of residents are recorded as possessing school level qualifications and 34.8% 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 4, 83, London 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 4, 83, London 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 4, 83, London Road, St. Leonards-On-Sea, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.