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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
The public record lists 5, Southmead Close, Mayfield as a freehold house sitting on a 917 m2 plot.
Comparison with its neighbours suggests an early-century house with 1,112 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
5, Southmead Close, Mayfield has an estimated sale value of £340,150 and an estimated rental value of £1,660 per month, assuming reasonable condition and based on the information available.
Southmead Close, Mayfield, TN20 lies in the borough of Wealden, within the TN20 postal district.
5, Southmead Close, Mayfield has a single entry in the Land Registry from May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 5, Southmead Close, Mayfield would be worth £357,158, with a potential rental value of £1,743 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £316,340, with a rental value of £1,544 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5, Southmead Close, Mayfield has dropped by £9,160 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £45 (2.7%). The property's estimated gross yield is currently 5.9%.
5, Southmead Close, Mayfield occupies a 917 m2 plot as recorded by HM Land Registry.
Of the 42 other houses in this postcode, 40 have recorded plot sizes, and this one ranks as the 2nd largest.
5, Southmead Close, Mayfield last changed hands on 2nd May 2008, selling for £240,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 50.3% since May 2008.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.1 kilometres of 5, Southmead Close, Mayfield across the last 2 years.
Most recently, 23, Dunstans Croft, Mayfield, TN20 6UH, a freehold house, sold at £315,000 on the 14th May 2021.
Read more about house prices in TN20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5, Southmead Close, Mayfield as the 17th largest and the 36th most expensive of the 62 addresses on Southmead Close, Mayfield, TN20.
Against the TN20 postcode district average, it is £160k less expensive than the typical property.
Stonegate station is the nearest stop to 5, Southmead Close, Mayfield at 6.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Southmead Close, Mayfield, 35.7% of property is privately owned with a mortgage and 34.1% is privately owned outright.
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 5, Southmead Close, Mayfield, 24.4% of residents are recorded as possessing school level qualifications and 29.4% 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 5, Southmead Close, Mayfield, 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 5, Southmead Close, Mayfield, 0.9% 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 5, Southmead Close, Mayfield, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
