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According to the public record, Drake Cottage, Midhurst is a period leasehold apartment with 990 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 Drake Cottage, Midhurst is £252,532 and the estimated rental value is £1,045 per month.
Duck Lane, Midhurst, GU29 is located in the borough of Chichester within the GU29 postal district.
Drake Cottage, Midhurst has 41 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Drake Cottage, Midhurst is in very good condition we estimate a sale value of £265,159 and a rental value of £1,097 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,855 and a rental value of £972 per month.
Over the last 12 months the sale value of Drake Cottage Midhurst has decreased by an estimated £6,430 (2.5%) and its rental value has increased by an estimated £43 per month (4.1%), giving an expected gross yield of 5%.
Drake Cottage, Midhurst has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 15 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Drake Cottage, Midhurst was last sold on 22nd December 2020 for £225,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since December 2020, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Drake Cottage, Midhurst within a radius of 820 metres over the last 2 years.
The most recent example is Flat 2, Regency House, St. Margarets Way, Midhurst, GU29 9FW, a leasehold flat which sold for £442,500 on the 18th September 2024.
Read more about house prices in GU29.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Duck Lane, Midhurst, GU29 has a total of 24 addresses. According to our analysis of all the public data, Drake Cottage, Midhurst is the 9th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £338k less expensive than the average property in GU29.
The closest station to Drake Cottage, Midhurst is Liphook station which is 10.4 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 Drake Cottage, Midhurst, 54.4% of property is privately rented and 26.6% is privately owned outright.
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 Drake Cottage, Midhurst, 9.4% of residents are recorded as possessing school level qualifications and 35.1% 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 Drake Cottage, Midhurst, the average age was 47.7 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 Drake Cottage, Midhurst, 0.3% 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 Drake Cottage, Midhurst, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
