Flat 1, Mill Lodge
Flat 1, Mill Lodge
Description & Estimates
According to the public record, Flat 1, Mill Lodge, Hailsham is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, Mill Lodge, Hailsham is £75,222 and the estimated rental value is £457 per month.
The apartment is within Mill Lodge, Mill Road, Hailsham, BN27.
Mill Road, Hailsham, BN27 is located in the borough of Wealden within the BN27 postal district.
Our Data Sources
Flat 1, Mill Lodge, Hailsham has 51 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 Flat 1, Mill Lodge, Hailsham is in very good condition we estimate a sale value of £78,984 and a rental value of £480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,957 and a rental value of £425 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, Mill Lodge, Hailsham has fallen by £1,724 (2.3%), while its estimated rental value has moved up by £13 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 7.3%.
Energy Efficiency
Flat 1, Mill Lodge, Hailsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 1, Mill Lodge, Hailsham was last sold on 25th July 2022 for £93,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since July 2022, the market for similar properties has risen by 2.4%.
- Sold Jul 2022£93,000
- Sold Feb 2020£83,000
- Sold Aug 2018£83,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Mill Lodge, Hailsham within a radius of 490 metres over the last 2 years.
The most recent example is Flat 19, Mill Lodge, Mill Road, Hailsham, BN27 2PT, a leasehold flat which sold for £64,000 on the 7th June 2024.
Read more about house prices in BN27.
- Sold Jun 2024£64,000 | 1 Bed FlatMill Lodge, Mill RoadFlat 19, Mill Lodge, Mill Road, Hailsham, BN27 2PT
- Sold Jan 2024£75,000 | 2 Bed FlatMill Lodge, Mill RoadFlat 2, Mill Lodge, Mill Road, Hailsham, BN27 2PT
- Sold Jul 2022£79,000 | 1 Bed FlatMill Lodge, Mill RoadFlat 7, Mill Lodge, Mill Road, Hailsham, BN27 2PT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Mill Road, Hailsham, BN27 has a total of 142 addresses. According to our analysis of all the public data, Flat 1, Mill Lodge, Hailsham is the 138th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in BN27.
More reading links
Schools Nearby
- 400mWhite House Academy
- 600mThornton Grove Academy
- 1.5kmGrovelands Community Primary School
- 5.7kmWillingdon Community School
- 6.2kmThe Turing School
- 6.5kmThe Eastbourne Academy
More reading links
Public Transport Nearby
The closest station to Flat 1, Mill Lodge, Hailsham is Polegate station, which is 4.5 kilometres away.
- 4.5kmPolegate
- 6.6kmPevensey & Westham
- 7.2kmBerwick (Sussex)
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
