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According to the public record, 2, Scots Pine Grove, Wadhurst is a modern freehold house with 1,582 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Scots Pine Grove, Wadhurst is £630,777 and the estimated rental value is £2,389 per month.
Scots Pine Grove, Wadhurst, TN5 is located in the borough of Wealden within the TN5 postal district.
2, Scots Pine Grove, Wadhurst has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated November 2022.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Scots Pine Grove, Wadhurst is in very good condition we estimate a sale value of £662,316 and a rental value of £2,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £586,623 and a rental value of £2,222 per month.
Over the last 12 months the sale value of 2 Scots Pine Grove Wadhurst has decreased by an estimated £20,706 (3.3%) and its rental value has increased by an estimated £64 per month (2.7%), giving an expected gross yield of 4.5%.
2, Scots Pine Grove, Wadhurst has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, 2, Scots Pine Grove, Wadhurst was last sold on 20th July 2023 for £800,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Scots Pine Grove, Wadhurst within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 3, Scots Pine Grove, Wadhurst, TN5 6FR, a freehold house which sold for £800,000 on the 14th September 2023.
Read more about house prices in TN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scots Pine Grove, Wadhurst, TN5 has a total of 21 addresses. According to our analysis of all the public data, 2, Scots Pine Grove, Wadhurst is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in TN5.
The closest station to 2, Scots Pine Grove, Wadhurst is Wadhurst station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Scots Pine Grove, Wadhurst, 40.8% of property is privately owned outright and 33.1% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Scots Pine Grove, Wadhurst, 16.3% of residents are recorded as possessing school level qualifications and 39.4% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Scots Pine Grove, Wadhurst, the average age was 46.9 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Scots Pine Grove, Wadhurst, 1.8% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Scots Pine Grove, Wadhurst, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.