According to the public record, Undercliff, 56, Broad Street, Lyme Regis is a period freehold house with 570 ft2 of internal area and sits on a 181 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Broad Street, Lyme Regis, DT7 is located within the DT7 postal district.
Undercliff, 56, Broad Street, Lyme Regis has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated September 2012.
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 Undercliff 56 Broad Street Lyme Regis as £382,918 and the rental value as £1,097 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of Undercliff 56 Broad Street Lyme Regis has decreased by £6,950 (1.8%) and its rental value has increased by £5 per month (0.5%).
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 Undercliff, 56, Broad Street, Lyme Regis is in very good condition we estimate a sale value of £402,064 and rental value of £1,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,114 and a rental value of £1,020 per month.
If you were able to purchase this property for the estimated value of £382,918, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,882 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 data from HM Land Registry, Undercliff, 56, Broad Street, Lyme Regis sits on a plot of 181m2.
We have plot size data on 8 out of 12 other houses in the postcode and Undercliff, 56, Broad Street, Lyme Regis sits on the 10th largest plot.
According to HM Land Registry, Undercliff, 56, Broad Street, Lyme Regis was last sold on 25 Oct 2018 for £310,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Undercliff, 56, Broad Street, Lyme Regis within a radius of 840 metres over the last 2 years.
The most recent example is 28, Coombe Street, Lyme Regis, DT7 3PP, a Freehold house which sold for £387,500 in May 2023.
Read more about house prices in DT7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Street, Lyme Regis, DT7 has a total of 107 addresses. According to our analysis of all the public data, Undercliff, 56, Broad Street, Lyme Regis is the 94th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in DT7.
Undercliff, 56, Broad Street, Lyme Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2012.
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 Undercliff, 56, Broad Street, Lyme Regis is Axminster station which is 7.7 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 Undercliff, 56, Broad Street, Lyme Regis, 51.2% of property is privately owned outright and 24.0% 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 Undercliff, 56, Broad Street, Lyme Regis, 5.2% of residents are recorded as possessing school level qualifications and 45.7% 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 Undercliff, 56, Broad Street, Lyme Regis, the average age was 53.1 and the most common age was 72.
The graph below shows how this compares to South West 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 Undercliff, 56, Broad Street, Lyme Regis, 0.5% of property was a second home.
Comparison figures for South West 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 Undercliff, 56, Broad Street, Lyme Regis, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.