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In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 47, Allingham Lodge, Eastbourne has an estimated sale value of £379,650 and an estimated rental value of £1,729 per month, assuming reasonable condition and based on the information available.
The apartment sits within Allingham Lodge, Southfields Road, Eastbourne, BN21.
Southfields Road, Eastbourne, BN21 lies in the borough of Eastbourne, within the BN21 postal district.
Flat 47, Allingham Lodge, Eastbourne has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 47, Allingham Lodge, Eastbourne would be worth £398,633, with a potential rental value of £1,816 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £353,075, with a rental value of £1,608 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 47, Allingham Lodge, Eastbourne has dropped by £13,233 (3.5%) over the last year. During the same period, its estimated monthly rental value has risen by £31 (1.8%). The property's estimated gross yield is currently 5.5%.
Flat 47, Allingham Lodge, Eastbourne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Flat 47, Allingham Lodge, Eastbourne last changed hands on 24th June 2022, selling for £453,450. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 40.6% since June 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Flat 47, Allingham Lodge, Eastbourne across the last 2 years.
Most recently, Flat 36, Allingham Lodge, Southfields Road, Eastbourne, BN21 1AF, a leasehold flat, sold at £427,950 on the 30th June 2023.
Read more about house prices in BN21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 47, Allingham Lodge, Eastbourne as the 64th largest and the 24th most expensive of the 273 addresses on Southfields Road, Eastbourne, BN21.
Against the BN21 postcode district average, it is £107k more expensive than the typical property.
Eastbourne station is the nearest stop to Flat 47, Allingham Lodge, Eastbourne at 300 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 47, Allingham Lodge, Eastbourne, 46.2% of property is privately rented and 34.5% 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 47, Allingham Lodge, Eastbourne, 7.0% of residents are recorded as possessing school level qualifications and 32.9% 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 47, Allingham Lodge, 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 47, Allingham Lodge, Eastbourne, 1.6% 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 47, Allingham Lodge, Eastbourne, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.