1, Oakmede Way
1, Oakmede Way
Description & Estimates
1, Oakmede Way, Lewes is recorded publicly as a modern freehold house across 699 ft2 of internal area, sitting on a 296 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Oakmede Way, Lewes is £358,390 and its rental estimate is £1,646 per month, given the available information and assuming reasonable condition.
Oakmede Way, Ringmer, Lewes, BN8 falls within the BN8 postal district, in the borough of Lewes.
Our Data Sources
1, Oakmede Way, Lewes has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated February 2020.
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.
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 1, Oakmede Way, Lewes, we estimate a market value of £376,309 and a rental value of £1,728 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £333,302 and £1,531 per month respectively.
Recent Market Change
Over the last year, 1, Oakmede Way, Lewes has seen its estimated sale value move down by £6,901 (1.9%) and its estimated rental value increase by £45 per month (2.7%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 1, Oakmede Way, Lewes as measuring 296 m2.
That makes it the 23rd largest plot in the postcode, where all 36 other houses have recorded plot data.
Energy Efficiency
1, Oakmede Way, Lewes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Feb 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Oakmede Way, Lewes completed on 22nd May 2020 at £245,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 17.8% over the period since May 2020.
- Sold May 2020£245,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Oakmede Way, Lewes have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th May 2024, was 4, Oakmede Way, Lewes, BN8 5JL, a freehold house which sold for £400,000.
Read more about house prices in BN8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Oakmede Way, Ringmer, Lewes, BN8, 1, Oakmede Way, Lewes comes out as the 19th largest and the 23rd most expensive in our analysis of the public data.
It is also £211k less expensive than the average property across the BN8 district.
More reading links
Schools Nearby
- 900mRingmer Primary and Nursery School
- 2.6kmSouth Malling CofE Primary and Nursery School
- 4.1kmWestern Road Community Primary School
- 1.1kmKing's Academy Ringmer
- 3.5kmPriory School
- 7.8kmChailey School
More reading links
Public Transport Nearby
From 1, Oakmede Way, Lewes, the nearest station is Glynde, 3.6 kilometres away.
- 3.6kmGlynde
- 3.7kmLewes
- 4.6kmCooksbridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
