Flat 16, 2 Lake Drive, Peacehaven, BN10 7QD is a leasehold flat built between 1983-1990. The property offers approximately 581 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £164,583 , which equates to approximately £283 per square foot. It was last sold on 19 Dec 1997 for £37,500. Since then, the value has increased by £127,083, representing a 338.9% increase, or approximately 12.1% per year.

The current estimated value of £164,583 is:

  • 2.1% lower than the average property price on Lake Drive
  • 0.8% higher than the average in the BN10 7QD postcode area
  • and 51.9% lower than the average price for Peacehaven as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 8 November 2022, the property was recorded as rented.

View sold house prices in BN10 7QD

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
581 sq ft
Tenure
Leasehold
Price (estimate)
£164,583
Price Per sq ft (estimate)
£283
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 16, 2 Lake Drive, Peacehaven, Lewes, East Sussex, BN10 7QD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Nov 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Apr 2022, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.4%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN10 7QD

54 th / 73
Price Rank
1% higher than average
21 st / 69
Size Rank
12% bigger than average
63 rd / 69
Price Per Sq FT Rank
10% lower than average

Compared to other properties in BN10 7QD , this flat's estimated value ranks 54th out of 73. Based on price per square foot, it ranks 63th out of 69 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 21th out of 69 properties in its postcode area.

Sale History

Today
£164,583
streetscan.co.uk estimate
+339 %
19 Dec 1997
£37,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 592 sq ft
sale price: £179,000
sale date: 12 Nov 2024
rooms: 3
size: 624 sq ft
sale price: £139,000
sale date: 18 Apr 2024
rooms: 4
size: 560 sq ft
sale price: £183,000
sale date: 29 Feb 2024
rooms: 2
size: 506 sq ft
sale price: £165,000
sale date: 15 Feb 2023
rooms: 3
size: 592 sq ft
sale price: £225,000
sale date: 7 Nov 2022

Data Sources

The property at Flat 16, 2 Lake Drive, Peacehaven, Lewes, East Sussex, BN10 7QD appears once in the Land Registry records, with the transaction recorded on 19 Dec 1997. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Nov 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.