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Locally, apartments of this size are normally studios.
Our estimate of the sale value of Flat 2, 48, Grove Road, Eastbourne is £75,696 and its rental estimate is £547 per month, given the available information and assuming reasonable condition.
48, Grove Road is a residential building on Grove Road, Eastbourne, BN21 and falls within the BN21 postal district and the borough of Eastbourne.
Flat 2, 48, Grove Road, Eastbourne has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2017.
We combine this information with public data 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.
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 Flat 2, 48, Grove Road, Eastbourne, we estimate a market value of £79,481 and a rental value of £575 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,397 and £509 per month respectively.
Over the last year, Flat 2, 48, Grove Road, Eastbourne has seen its estimated sale value decline by £2,779 (3.7%) and its estimated rental value climb by £8 per month (1.4%). This results in an estimated gross rental yield of 8.7%.
Flat 2, 48, Grove Road, Eastbourne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 2, 48, Grove Road, Eastbourne completed on 12th August 2003 at £45,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Over the past 2 years 1 property similar to Flat 2, 48, Grove Road, Eastbourne has sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2016, was Flat 2, 36, Grove Road, Eastbourne, BN21 4TR, a leasehold flat which sold for £65,000.
Read more about house prices in BN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 157 addresses on Grove Road, Eastbourne, BN21, Flat 2, 48, Grove Road, Eastbourne comes out as the 155th largest and the 157th most expensive in our analysis of the public data.
It is also £197k less expensive than the average property across the BN21 district.
From Flat 2, 48, Grove Road, Eastbourne, the nearest station is Eastbourne, 200 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 48, Grove Road, Eastbourne, 70.5% of property is privately rented and 14.5% 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 Flat 2, 48, Grove Road, Eastbourne, 14.6% of residents are recorded as possessing school level qualifications and 35.8% 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 Flat 2, 48, Grove Road, Eastbourne, the average age was 46.4 and the most common age was 27.
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 Flat 2, 48, Grove Road, Eastbourne, 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 Flat 2, 48, Grove Road, Eastbourne, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.