5 Mill House, Polegate
5 Mill House, Polegate
Description & Estimates
5 Mill House, Polegate is recorded publicly as a modern leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5 Mill House, Polegate is £202,505 and its rental estimate is £994 per month, given the available information and assuming reasonable condition.
Mill House, School Lane is a residential building on School Lane, Polegate, BN26 and falls within the BN26 postal district and the borough of Wealden.
Our Data Sources
5 Mill House, Polegate has 51 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated June 2012.
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 5 Mill House, Polegate, we estimate a market value of £212,631 and a rental value of £1,044 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £188,330 and £924 per month respectively.
Recent Market Change
Over the last year, 5 Mill House, Polegate has seen its estimated sale value drop by £5,289 (2.6%) and its estimated rental value rise by £27 per month (2.7%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
5 Mill House, Polegate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 5 Mill House, Polegate completed on 17th November 2022 at £220,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 0.5% over the period since November 2022.
- Sold Nov 2022£220,000
- Sold Apr 2017£177,500
- Sold Feb 2013£148,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5 Mill House, Polegate have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was 4 Mill House, School Lane, Polegate, BN26 6AU, a leasehold flat which sold for £205,000.
Read more about house prices in BN26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on School Lane, Polegate, BN26, 5 Mill House, Polegate comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £167k less expensive than the average property across the BN26 district.
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Schools Nearby
- 200mPolegate Primary School
- 1.7kmWillingdon Primary School
- 2.6kmOakwood Primary Academy
- 1.4kmWillingdon Community School
- 2.9kmThe Eastbourne Academy
- 3.6kmThe Turing School
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Public Transport Nearby
From 5 Mill House, Polegate, the nearest station is Polegate, 300 metres away.
- 300mPolegate
- 3.8kmHampden Park (Sussex)
- 5.6kmPevensey & Westham
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.
