Flat 1, 2 Melbourne Villas
Flat 1, 2 Melbourne Villas
Description & Estimates
Public records show Flat 1, 2 Melbourne Villas, Western Road, Hailsham to be a period leasehold apartment with 828 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 1, 2 Melbourne Villas, Western Road, Hailsham has an estimated sale value of £189,478 and an estimated rental value of £1,076 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Western Road, Hailsham, BN27.
Western Road, Hailsham, BN27 lies in the borough of Wealden, within the BN27 postal district.
Our Data Sources
Flat 1, 2 Melbourne Villas, Western Road, Hailsham has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated October 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 2 Melbourne Villas, Western Road, Hailsham would be worth £198,952, with a potential rental value of £1,130 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £176,215, with a rental value of £1,001 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 2 Melbourne Villas, Western Road, Hailsham has declined by £5,669 (3.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £22 (2.1%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
Flat 1, 2 Melbourne Villas, Western Road, Hailsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 2 Melbourne Villas, Western Road, Hailsham last changed hands on 11th December 2017, selling for £172,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 29.8% since December 2017.
- Sold Dec 2017£172,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of Flat 1, 2 Melbourne Villas, Western Road, Hailsham across the last 2 years.
Most recently, Flat 10, Winston, Western Road, Hailsham, BN27 3DY, a leasehold flat, sold at £223,000 on the 4th November 2022.
Read more about house prices in BN27.
- Sold Nov 2022£223,000 | 2 Bed FlatWinston, Western RoadFlat 10, Winston, Western Road, Hailsham, BN27 3DY
- Sold Jun 2020£200,000 | 2 Bed Flat2 Melbourne Villas, Western RoadFlat 2, 2 Melbourne Villas, Western Road, Hailsham, BN27 3DX
- Sold Sep 2019£150,000 | 3 Bed FlatWestcourt, Western RoadFlat 5, Westcourt, Western Road, Hailsham, BN27 3DY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 2 Melbourne Villas, Western Road, Hailsham as the 75th largest and the 88th most expensive of the 113 addresses on Western Road, Hailsham, BN27.
Against the BN27 postcode district average, it is £151k less expensive than the typical property.
More reading links
Schools Nearby
- 700mWhite House Academy
- 800mGrovelands Community Primary School
- 1.1kmThornton Grove Academy
- 5.8kmWillingdon Community School
- 6.7kmThe Turing School
- 6.9kmThe Eastbourne Academy
More reading links
Public Transport Nearby
Polegate station is the nearest stop to Flat 1, 2 Melbourne Villas, Western Road, Hailsham at 4.7 kilometres away.
- 4.7kmPolegate
- 6.6kmBerwick (Sussex)
- 7.2kmPevensey & Westham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
