2, Park Lane
2, Park Lane
Description & Estimates
2, Park Lane, Eastbourne is recorded publicly as an early-century freehold house across 2,981 ft2 of internal area, sitting on a 1,420 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 2, Park Lane, Eastbourne is £711,687 and its rental estimate is £3,494 per month, given the available information and assuming reasonable condition.
Park Lane, Eastbourne, BN21 falls within the BN21 postal district, in the borough of Eastbourne.
Our Data Sources
2, Park Lane, Eastbourne has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated January 2024.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Park Lane, Eastbourne, we estimate a market value of £747,271 and a rental value of £3,669 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £661,869 and £3,249 per month respectively.
Recent Market Change
Over the last year, 2, Park Lane, Eastbourne has seen its estimated sale value drop by £31,611 (4.4%) and its estimated rental value rise by £27 per month (0.8%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 2, Park Lane, Eastbourne as measuring 1,420 m2.
That makes it the largest plot in the postcode, where 7 of the 8 other houses have recorded plot data.
Energy Efficiency
2, Park Lane, Eastbourne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Park Lane, Eastbourne completed on 25th April 2022 at £760,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.9% over the period since April 2022.
- Sold Apr 2022£760,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Park Lane, Eastbourne have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th January 2023, was 221, Willingdon Road, Eastbourne, BN20 9JP, a freehold house which sold for £900,000.
Read more about house prices in BN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 52 addresses on Park Lane, Eastbourne, BN21, 2, Park Lane, Eastbourne comes out as the 2nd largest and the 8th most expensive in our analysis of the public data.
It is also £439k more expensive than the average property across the BN21 district.
More reading links
Schools Nearby
- 900mOcklynge Junior School
- 900mParkland Infant School
- 900mParkland Junior School
- 200mRatton School
- 1.1kmThe Eastbourne Academy
- 2.6kmWillingdon Community School
More reading links
Public Transport Nearby
From 2, Park Lane, Eastbourne, the nearest station is Hampden Park (Sussex), 1.3 kilometres away.
- 1.3kmHampden Park (Sussex)
- 2.9kmEastbourne
- 3.4kmPolegate
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
