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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Avenue Close, Lyme Regis is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Avenue Close, Lyme Regis is £234,192 and the estimated rental value is £1,302 per month.
Avenue Close, Lyme Regis, DT7 is located within the DT7 postal district.
2, Avenue Close, Lyme Regis has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 2, Avenue Close, Lyme Regis is in very good condition we estimate a sale value of £245,902 and a rental value of £1,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,799 and a rental value of £1,211 per month.
Over the last 12 months the sale value of 2 Avenue Close Lyme Regis has increased by an estimated £2,755 (1.2%) and its rental value has increased by an estimated £52 per month (4.0%), giving an expected gross yield of 6.7%.
2, Avenue Close, Lyme Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Avenue Close, Lyme Regis was last sold on 18th June 2024 for £237,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has risen 25.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Avenue Close, Lyme Regis within a radius of 620 metres over the last 2 years.
The most recent example is 2, Clappentail Court, Lyme Regis, DT7 3NA, a leasehold flat which sold for £250,000 on the 30th September 2024.
Read more about house prices in DT7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Close, Lyme Regis, DT7 has a total of 6 addresses. According to our analysis of all the public data, 2, Avenue Close, Lyme Regis is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in DT7.
The closest station to 2, Avenue Close, Lyme Regis is Axminster station which is 7.4 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 2, Avenue Close, Lyme Regis, 44.8% of property is privately owned outright and 20.7% is privately owned with a mortgage.
The graph below shows how this compares to South West 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 2, Avenue Close, Lyme Regis, 16.1% of residents are recorded as possessing school level qualifications and 36.9% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Avenue Close, 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 2, Avenue Close, Lyme Regis, 0.4% 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 2, Avenue Close, Lyme Regis, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
