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Flat 3, 73, Lower Park Road, Hastings appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 600 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 73, Lower Park Road, Hastings is £193,635 and its rental estimate is £921 per month, given the available information and assuming reasonable condition.
73, Lower Park Road is a residential building on Lower Park Road, Hastings, TN34 and falls within the TN34 postal district and the borough of Hastings.
Flat 3, 73, Lower Park Road, Hastings has 2 entries in the Land Registry , most recently in June 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 3, 73, Lower Park Road, Hastings, we estimate a market value of £203,317 and a rental value of £967 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £180,081 and £856 per month respectively.
Over the last year, Flat 3, 73, Lower Park Road, Hastings has seen its estimated sale value decrease by £2,087 (1.1%) and its estimated rental value grow by £21 per month (2.3%). This results in an estimated gross rental yield of 5.7%.
The most recent sale of Flat 3, 73, Lower Park Road, Hastings completed on 18th June 2024 at £200,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 12.9% over the period since June 2024.
Over the past 2 years 3 properties similar to Flat 3, 73, Lower Park Road, Hastings have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th December 2023, was Flat 1, 73, Lower Park Road, Hastings, TN34 2LD, a leasehold flat which sold for £220,000.
Read more about house prices in TN34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 119 addresses on Lower Park Road, Hastings, TN34, Flat 3, 73, Lower Park Road, Hastings comes out as the 106th largest and the 107th most expensive in our analysis of the public data.
It is also £103k less expensive than the average property across the TN34 district.
From Flat 3, 73, Lower Park Road, Hastings, the nearest station is Hastings, 800 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 73, Lower Park Road, Hastings, 41.7% of property is privately owned outright and 34.7% is privately owned with a mortgage.
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 3, 73, Lower Park Road, Hastings, 14.9% of residents are recorded as possessing school level qualifications and 38.5% 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 3, 73, Lower Park Road, Hastings, the average age was 42.9 and the most common age was 52.
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 3, 73, Lower Park Road, Hastings, 0.0% 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 3, 73, Lower Park Road, Hastings, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
