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According to the public record, 2, Bermuda Place, Eastbourne is a modern leasehold apartment with 592 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, Bermuda Place, Eastbourne is £199,264 and the estimated rental value is £1,140 per month.
Bermuda Place, Eastbourne, BN23 is located in the borough of Eastbourne within the BN23 postal district.
2, Bermuda Place, Eastbourne has 31 entries in the Land Registry , most recently in January 2007 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Bermuda Place, Eastbourne is in very good condition we estimate a sale value of £209,228 and a rental value of £1,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,316 and a rental value of £1,060 per month.
Over the last 12 months the sale value of 2 Bermuda Place Eastbourne has decreased by an estimated £5,571 (2.8%) and its rental value has increased by an estimated £25 per month (2.2%), giving an expected gross yield of 6.9%.
2, Bermuda Place, Eastbourne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 2, Bermuda Place, Eastbourne was last sold on 12th January 2007 for £162,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2007, the market for similar properties has dropped 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bermuda Place, Eastbourne within a radius of 460 metres over the last 2 years.
The most recent example is 40, Santa Cruz Drive, Eastbourne, BN23 5TA, a leasehold flat which sold for £217,500 on the 31st August 2023.
Read more about house prices in BN23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bermuda Place, Eastbourne, BN23 has a total of 54 addresses. According to our analysis of all the public data, 2, Bermuda Place, Eastbourne is the 50th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in BN23.
The closest station to 2, Bermuda Place, Eastbourne is Pevensey & Westham station which is 2.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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, Bermuda Place, Eastbourne, 33.6% of property is privately owned outright and 32.7% is privately owned with a mortgage.
The graph below shows how this compares to South East 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, Bermuda Place, Eastbourne, 17.4% of residents are recorded as possessing school level qualifications and 30.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Bermuda Place, 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 2, Bermuda Place, Eastbourne, 3.6% 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 2, Bermuda Place, Eastbourne, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.