Flat 2, 40 Grove Road, Eastbourne, BN21 4TY is a leasehold flat built between 1900-1929. The property offers approximately 603 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £148,496 , which equates to approximately £246 per square foot. It was last sold on 26 Oct 2018 for £134,000. Since then, the value has increased by £14,496, representing a 10.8% increase, or approximately 1.5% per year.

The current estimated value of £148,496 is:

  • 39.9% lower than the average property price on Grove Road
  • 25.4% lower than the average in the BN21 4TY postcode area
  • and 56.8% lower than the average price for Eastbourne as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 11 August 2020, the property was recorded as owner-occupied.

View sold house prices in BN21 4TY

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£148,496
Price Per sq ft (estimate)
£246
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 40 Grove Road, Eastbourne, East Sussex, BN21 4TY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Aug 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Mar 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to BN21 4TY

9 th / 16
Price Rank
25% lower than average
1 st / 9
Size Rank
22% smaller than average
7 th / 9
Price Per Sq FT Rank
4% lower than average

Compared to other properties in BN21 4TY , this flat's estimated value ranks 9th out of 16. Based on price per square foot, it ranks 7th out of 9 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 1st out of 9 properties in its postcode area.

Sale History

Today
£148,496
streetscan.co.uk estimate
+11 %
26 Oct 2018
£134,000
Leasehold
+47.3 %
22 Jun 2005
£91,000
Leasehold
+42.2 %
7 Mar 2002
£64,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £130,000
sale date: 18 Aug 2023
rooms: 2
size: 592 sq ft
sale price: £134,000
sale date: 19 Nov 2021
rooms: 2
size: 581 sq ft
sale price: £59,965
sale date: 8 Nov 2013
rooms: 3
size: 581 sq ft
sale price: £110,000
sale date: 25 Oct 2006
rooms: 3
size: 592 sq ft
sale price: £125,000
sale date: 29 Mar 2021

Data Sources

The property at Flat 2, 40 Grove Road, Eastbourne, BN21 4TY appears three times in the Land Registry records, with the latest transaction recorded on 26 Oct 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Aug 2020. 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.