2 Gresham, Pevensey
2 Gresham, Pevensey
Description & Estimates
2 Gresham, Pevensey is recorded publicly as a mid-century freehold house across 1,056 ft2 of internal area, sitting on a 120 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2 Gresham, Pevensey is £306,133 and its rental estimate is £1,574 per month, given the available information and assuming reasonable condition.
Church Lane, Pevensey, BN24 falls within the BN24 postal district, in the borough of Wealden.
Our Data Sources
2 Gresham, Pevensey has 2 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated June 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2 Gresham, Pevensey, we estimate a market value of £321,440 and a rental value of £1,652 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £284,704 and £1,463 per month respectively.
Recent Market Change
Over the last year, 2 Gresham, Pevensey has seen its estimated sale value decrease by £7,766 (2.5%) and its estimated rental value grow by £37 per month (2.4%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 2 Gresham, Pevensey as measuring 120 m2.
That makes it the largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
2 Gresham, Pevensey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2 Gresham, Pevensey completed on 14th July 2016 at £265,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 27.7% over the period since July 2016.
- Sold Jul 2016£265,000
- Sold Sep 2011£170,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Gresham, Pevensey have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd August 2022, was 3 Gresham, Church Lane, Pevensey, BN24 5LA, a freehold house which sold for £330,000.
Read more about house prices in BN24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 24 addresses on Church Lane, Pevensey, BN24, 2 Gresham, Pevensey comes out as the 11th largest and the 15th most expensive in our analysis of the public data.
It is also £57k less expensive than the average property across the BN24 district.
More reading links
Schools Nearby
- 800mPevensey and Westham CofE Primary School
- 3.0kmLangney Primary Academy
- 3.1kmHankham Primary School
- 2.9kmSt Catherine's College
- 3.7kmThe Turing School
- 5.4kmThe Eastbourne Academy
More reading links
Public Transport Nearby
From 2 Gresham, Pevensey, the nearest station is Pevensey Bay, 400 metres away.
- 400mPevensey Bay
- 1.1kmPevensey & Westham
- 3.6kmNormans Bay
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 low, based on Environment Agency data.
