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According to the public record, 4 Higher Mill Flats, Lyme Regis is a period apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4 Higher Mill Flats, Lyme Regis is £221,463 and the estimated rental value is £1,223 per month.
Rousdon, Lyme Regis, DT7 is located within the DT7 postal district.
4 Higher Mill Flats, Lyme Regis has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data 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 4 Higher Mill Flats, Lyme Regis is in very good condition we estimate a sale value of £232,536 and a rental value of £1,284 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,961 and a rental value of £1,137 per month.
Over the last 12 months the sale value of 4 Higher Mill Flats Lyme Regis has increased by an estimated £4,295 (1.9%) and its rental value has increased by an estimated £59 per month (4.8%), giving an expected gross yield of 6.6%.
4 Higher Mill Flats, Lyme Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Higher Mill Flats, Lyme Regis within a radius of 630 metres over the last 2 years.
The most recent example is Flat 3, 20, Broad Street, Lyme Regis, DT7 3QE, a leasehold flat which sold for £225,500 on the 9th August 2023.
Read more about house prices in DT7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rousdon, Lyme Regis, DT7 has a total of 129 addresses. According to our analysis of all the public data, 4 Higher Mill Flats, Lyme Regis is the 126th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £273k less expensive than the average property in DT7.
The closest station to 4 Higher Mill Flats, Lyme Regis is Axminster station which is 7.2 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 4 Higher Mill Flats, 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 4 Higher Mill Flats, 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 4 Higher Mill Flats, 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 4 Higher Mill Flats, 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 4 Higher Mill Flats, 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.