Flat 5, 26
Flat 5, 26
Description & Estimates
Flat 5, 26, South Way, Newhaven is recorded publicly as a period leasehold apartment across 409 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 5, 26, South Way, Newhaven is £140,453 and its rental estimate is £758 per month, given the available information and assuming reasonable condition.
26, South Way is a residential building on South Way, Newhaven, BN9 and falls within the BN9 postal district and the borough of Lewes.
Our Data Sources
Flat 5, 26, South Way, Newhaven has a single entry in the Land Registry from October 2012 and a single entry in the EPC database dated December 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 5, 26, South Way, Newhaven, we estimate a market value of £147,476 and a rental value of £796 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £130,621 and £705 per month respectively.
Recent Market Change
Over the last year, Flat 5, 26, South Way, Newhaven has seen its estimated sale value move down by £4,531 (3.2%) and its estimated rental value increase by £15 per month (2.0%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
Flat 5, 26, South Way, Newhaven has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Dec 2018.
The property is not connected to mains gas and has mostly secondary glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 5, 26, South Way, Newhaven completed on 31st October 2012 at £35,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 43.7% over the period since October 2012.
- Sold Oct 2012£35,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 26, South Way, Newhaven have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd January 2024, was Flat 5, Church Hill Lodge, Church Hill, Newhaven, BN9 9LQ, a leasehold flat which sold for £160,000.
Read more about house prices in BN9.
- Sold Jan 2024£160,000 | 1 Bed FlatChurch Hill Lodge, Church HillFlat 5, Church Hill Lodge, Church Hill, Newhaven, BN9 9LQ
- Sold Mar 2023£160,000 | 1 Bed FlatChurch Hill Lodge, Church HillFlat 4, Church Hill Lodge, Church Hill, Newhaven, BN9 9LQ
- Sold Jul 2022£158,687 | 1 Bed FlatChurch Hill Lodge, Church HillFlat 6, Church Hill Lodge, Church Hill, Newhaven, BN9 9LQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on South Way, Newhaven, BN9, Flat 5, 26, South Way, Newhaven comes out as the 20th largest and the 18th most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the BN9 district.
More reading links
Schools Nearby
- 300mHarbour Primary and Nursery School
- 800mHigh Cliff Academy
- 800mBreakwater Academy
- 800mSeahaven Academy
- 3.2kmPeacehaven Community School
- 5.5kmSeaford Head School
More reading links
Public Transport Nearby
From Flat 5, 26, South Way, Newhaven, the nearest station is Newhaven Town, 500 metres away.
- 500mNewhaven Town
- 600mNewhaven Harbour
- 2.8kmBishopstone (Sussex)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
