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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Timber Yard Cottages, Lewes is £398,106 and the estimated rental value is £1,721 per month.
Timber Yard Cottages, Lewes, BN7 is located in the borough of Lewes within the BN7 postal district.
2, Timber Yard Cottages, Lewes has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated October 2019.
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.
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, Timber Yard Cottages, Lewes is in very good condition we estimate a sale value of £418,012 and a rental value of £1,807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,239 and a rental value of £1,601 per month.
Over the last 12 months the sale value of 2 Timber Yard Cottages Lewes has decreased by an estimated £7,553 (1.9%) and its rental value has increased by an estimated £65 per month (3.8%), giving an expected gross yield of 5.2%.
2, Timber Yard Cottages, Lewes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Timber Yard Cottages, Lewes was last sold on 28th February 2020 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2020, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Timber Yard Cottages, Lewes within a radius of 750 metres over the last 2 years.
The most recent example is 115, South Street, Lewes, BN7 2BU, a freehold house which sold for £375,000 on the 17th October 2022.
Read more about house prices in BN7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Timber Yard Cottages, Lewes, BN7 has a total of 12 addresses. According to our analysis of all the public data, 2, Timber Yard Cottages, Lewes is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in BN7.
The closest station to 2, Timber Yard Cottages, Lewes is Lewes station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Timber Yard Cottages, Lewes, 51.4% of property is privately owned outright and 32.1% 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, Timber Yard Cottages, Lewes, 11.7% of residents are recorded as possessing school level qualifications and 55.2% 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, Timber Yard Cottages, Lewes, the average age was 44 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, Timber Yard Cottages, Lewes, 1.1% 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, Timber Yard Cottages, Lewes, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.