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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
According to the public record, 8, Old Mill Lane, Polegate is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,372 ft2 of internal area and sits on a 506 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Old Mill Lane, Polegate is £515,120 and the estimated rental value is £1,843 per month.
Old Mill Lane, Polegate, BN26 is located in the borough of Wealden within the BN26 postal district.
8, Old Mill Lane, Polegate has 21 entries in the Land Registry , most recently in July 2011 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 3 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 8, Old Mill Lane, Polegate is in very good condition we estimate a sale value of £540,876 and a rental value of £1,935 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,061 and a rental value of £1,714 per month.
Over the last 12 months the sale value of 8 Old Mill Lane Polegate has decreased by an estimated £24,981 (4.8%) and its rental value has increased by an estimated £24 per month (1.3%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 8, Old Mill Lane, Polegate sits on a plot of 506m2.
We have plot size data on 19 out of 20 other houses in the postcode and 8, Old Mill Lane, Polegate sits on the 7th largest plot.
According to HM Land Registry, 8, Old Mill Lane, Polegate was last sold on 21st July 2011 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2011, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Old Mill Lane, Polegate within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 2A, Glen Close, Polegate, BN26 5PG, a freehold house which sold for £420,000 on the 28th May 2024.
Read more about house prices in BN26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Lane, Polegate, BN26 has a total of 38 addresses. According to our analysis of all the public data, 8, Old Mill Lane, Polegate is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £147k more expensive than the average property in BN26.
The closest station to 8, Old Mill Lane, Polegate is Polegate station which is 1.5 kilometres 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 8, Old Mill Lane, Polegate, 64.2% of property is privately owned outright and 29.3% 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 8, Old Mill Lane, Polegate, 12.4% of residents are recorded as possessing school level qualifications and 29.8% 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 8, Old Mill Lane, Polegate, the average age was 50.8 and the most common age was 72.
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 8, Old Mill Lane, Polegate, 1.5% 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 8, Old Mill Lane, Polegate, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
