2, Millbank
2, Millbank
Description & Estimates
2, Millbank, Burgess Hill is recorded publicly as a mid-century freehold house across 1,539 ft2 of internal area, sitting on a 424 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Millbank, Burgess Hill is £565,444 and its rental estimate is £2,135 per month, given the available information and assuming reasonable condition.
Millbank, Burgess Hill, RH15 falls within the RH15 postal district, in the borough of Mid Sussex.
Our Data Sources
2, Millbank, Burgess Hill has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated September 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Millbank, Burgess Hill, we estimate a market value of £593,716 and a rental value of £2,242 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £525,863 and £1,986 per month respectively.
Recent Market Change
Over the last year, 2, Millbank, Burgess Hill has seen its estimated sale value drop by £4,330 (0.8%) and its estimated rental value rise by £68 per month (3.2%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 2, Millbank, Burgess Hill as measuring 424 m2.
That makes it the largest plot in the postcode, where 23 of the 24 other houses have recorded plot data.
Energy Efficiency
2, Millbank, Burgess Hill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Millbank, Burgess Hill completed on 16th October 2017 at £500,000 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 30.8% over the period since October 2017.
- Sold Oct 2017£500,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Millbank, Burgess Hill have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2023, was 56, St. Peters Road, Burgess Hill, RH15 8JL, a freehold house which sold for £533,000.
Read more about house prices in RH15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 24 addresses on Millbank, Burgess Hill, RH15, 2, Millbank, Burgess Hill comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £138k more expensive than the average property across the RH15 district.
More reading links
Schools Nearby
- 400mSheddingdean Community Primary School
- 800mOak Tree Primary School
- 1.1kmSt Wilfrid's Catholic Primary School
- 1.2kmThe Burgess Hill Academy
- 1.9kmSt Paul's Catholic College
- 4.6kmWarden Park Secondary Academy
More reading links
Public Transport Nearby
From 2, Millbank, Burgess Hill, the nearest station is Wivelsfield, 500 metres away.
- 500mWivelsfield
- 1.0kmBurgess Hill
- 4.4kmHassocks
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
