Flat 18, 1
Flat 18, 1
Description & Estimates
According to the public record, Flat 18, 1, Lake Drive, Peacehaven is a modern apartment with 269 ft2 of internal area.
Apartments of this size in this area are normally studios.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 18, 1, Lake Drive, Peacehaven is £114,398 and the estimated rental value is £642 per month.
The apartment is within 1, Lake Drive, Peacehaven, BN10.
Lake Drive, Peacehaven, BN10 is located in the borough of Lewes within the BN10 postal district.
Our Data Sources
Flat 18, 1, Lake Drive, Peacehaven has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Flat 18, 1, Lake Drive, Peacehaven is in very good condition we estimate a sale value of £120,118 and a rental value of £674 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,390 and a rental value of £597 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 18, 1, Lake Drive, Peacehaven has decreased by £3,092 (2.7%), while its estimated rental value has grown by £14 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
Flat 18, 1, Lake Drive, Peacehaven has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 18, 1, Lake Drive, Peacehaven was last sold on 19th May 2003 for £64,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
- Sold May 2003£64,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 18, 1, Lake Drive, Peacehaven within a radius of 520 metres over the last 2 years.
The most recent example is 95B, Roderick Avenue, Peacehaven, BN10 8BN, a leasehold flat which sold for £103,000 on the 15th April 2015.
Read more about house prices in BN10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lake Drive, Peacehaven, BN10 has a total of 78 addresses. According to our analysis of all the public data, Flat 18, 1, Lake Drive, Peacehaven is the 78th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £217k less expensive than the average property in BN10.
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Schools Nearby
- 100mPeacehaven Heights Academy
- 700mTelscombe Cliffs Academy
- 900mMeridian Community Primary School and Nursery
- 400mPeacehaven Community School
- 3.2kmSeahaven Academy
- 5.2kmLonghill High School
More reading links
Public Transport Nearby
The closest station to Flat 18, 1, Lake Drive, Peacehaven is Newhaven Town station, which is 4.0 kilometres away.
- 4.0kmNewhaven Town
- 4.1kmNewhaven Harbour
- 4.5kmSouthease
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
