Flat 20, Mill Lodge
Flat 20, Mill Lodge
Description & Estimates
Flat 20, Mill Lodge, Hailsham is recorded publicly as a modern leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 20, Mill Lodge, Hailsham is £75,222 and its rental estimate is £457 per month, given the available information and assuming reasonable condition.
Mill Lodge, Mill Road is a residential building on Mill Road, Hailsham, BN27 and falls within the BN27 postal district and the borough of Wealden.
Our Data Sources
Flat 20, Mill Lodge, Hailsham has 41 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated November 2018.
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
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 Flat 20, Mill Lodge, Hailsham, we estimate a market value of £78,984 and a rental value of £480 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £69,957 and £425 per month respectively.
Recent Market Change
Over the last year, Flat 20, Mill Lodge, Hailsham has seen its estimated sale value decline by £1,724 (2.3%) and its estimated rental value climb by £13 per month (2.8%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
Flat 20, Mill Lodge, Hailsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Nov 2018.
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 Flat 20, Mill Lodge, Hailsham completed on 21st December 2020 at £80,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 19.5% over the period since December 2020.
- Sold Dec 2020£80,000
- Sold Dec 2007£86,000
- Sold Nov 1999£34,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 20, Mill Lodge, Hailsham have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2024, was Flat 19, Mill Lodge, Mill Road, Hailsham, BN27 2PT, a leasehold flat which sold for £64,000.
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£93,000 | 1 Bed FlatMill Lodge, Mill RoadFlat 1, Mill Lodge, Mill Road, Hailsham, BN27 2PT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 142 addresses on Mill Road, Hailsham, BN27, Flat 20, Mill Lodge, Hailsham comes out as the 134th largest and the 136th most expensive in our analysis of the public data.
It is also £265k less expensive than the average property across the BN27 district.
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
From Flat 20, Mill Lodge, Hailsham, the nearest station is Polegate, 4.5 kilometres away.
- 4.5kmPolegate
- 6.6kmPevensey & Westham
- 7.2kmBerwick (Sussex)
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
