3, Palmyra Place
3, Palmyra Place
Description & Estimates
3, Palmyra Place, Eastbourne is recorded publicly as a modern freehold house across 1,388 ft2 of internal area, sitting on a 367 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Palmyra Place, Eastbourne is £552,508 and its rental estimate is £2,382 per month, given the available information and assuming reasonable condition.
Palmyra Place, Eastbourne, BN23 falls within the BN23 postal district, in the borough of Eastbourne.
Our Data Sources
3, Palmyra Place, Eastbourne has 21 entries in the Land Registry , most recently in September 2007 and a single entry in the EPC database dated June 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.
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 3, Palmyra Place, Eastbourne, we estimate a market value of £580,134 and a rental value of £2,501 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £513,833 and £2,215 per month respectively.
Recent Market Change
Over the last year, 3, Palmyra Place, Eastbourne has seen its estimated sale value drop by £15,670 (2.8%) and its estimated rental value rise by £37 per month (1.6%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 3, Palmyra Place, Eastbourne as measuring 367 m2.
That makes it the 3rd largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
3, Palmyra Place, Eastbourne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2023.
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 3, Palmyra Place, Eastbourne completed on 6th September 2007 at £369,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 50.4% over the period since September 2007.
- Sold Sep 2007£369,000
- Sold Nov 2003£270,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Palmyra Place, Eastbourne have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th March 2022, was 16, Silver Strand West, Eastbourne, BN23 5NP, a freehold house which sold for £600.
Read more about house prices in BN23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Palmyra Place, Eastbourne, BN23, 3, Palmyra Place, Eastbourne comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £266k more expensive than the average property across the BN23 district.
More reading links
Schools Nearby
- 1.0kmThe Haven Church of England Methodist Primary School
- 1.3kmLangney Primary Academy
- 1.7kmTollgate Community Junior School
- 1.1kmSt Catherine's College
- 3.3kmThe Turing School
- 4.5kmThe Eastbourne Academy
More reading links
Public Transport Nearby
From 3, Palmyra Place, Eastbourne, the nearest station is Pevensey & Westham, 2.5 kilometres away.
- 2.5kmPevensey & Westham
- 2.7kmPevensey Bay
- 3.7kmHampden Park (Sussex)
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 low, based on Environment Agency data.
