According to the public record, Flat 8, Rapala Court 2, Eastbourne is a modern leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Rapala Court, Midway Quay, Eastbourne, BN23.
Midway Quay, Eastbourne, BN23 is located in the borough of Eastbourne within the BN23 postal district.
Flat 8, Rapala Court 2, Eastbourne has 21 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated September 2023.
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 8 Rapala Court 2 Eastbourne as £276,695 and the rental value as £1,342 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 8 Rapala Court 2 Eastbourne has increased by £3,656 (1.3%) and its rental value has increased by £55 per month (4.1%).
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 8, Rapala Court 2, Eastbourne is in very good condition we estimate a sale value of £290,530 and rental value of £1,410 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,326 and a rental value of £1,249 per month.
If you were able to purchase this property for the estimated value of £276,695, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,360 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 8, Rapala Court 2, Eastbourne was last sold on 31 Jan 2024 for £270,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2024, 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 8, Rapala Court 2, Eastbourne within a radius of 520 metres over the last 2 years.
The most recent example is Flat 18, Bimini Court 3, Midway Quay, Eastbourne, BN23 5DD, a Leasehold flat which sold for £210,000 in Apr 2024.
Read more about house prices in BN23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Midway Quay, Eastbourne, BN23 has a total of 260 addresses. According to our analysis of all the public data, Flat 8, Rapala Court 2, Eastbourne is the 129th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in BN23.
Flat 8, Rapala Court 2, Eastbourne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Sep 2023.
The property is not connected to mains gas and has multiple glazing throughout. It is heated using Room heaters, electric.
The closest station to Flat 8, Rapala Court 2, Eastbourne is Pevensey & Westham station which is 2.6 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 8, Rapala Court 2, Eastbourne, 47.3% of property is privately owned outright and 34.4% 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 8, Rapala Court 2, Eastbourne, 1.3% of residents are recorded as possessing school level qualifications and 33.6% 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 8, Rapala Court 2, Eastbourne, the average age was 47.4 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 8, Rapala Court 2, Eastbourne, 5.9% 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 8, Rapala Court 2, Eastbourne, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.