Flat 6, Mill Lodge
Flat 6, Mill Lodge
Description & Estimates
Public records show Flat 6, Mill Lodge, Hailsham to be a modern leasehold apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 6, Mill Lodge, Hailsham has an estimated sale value of £76,012 and an estimated rental value of £461 per month, assuming reasonable condition and based on the information available.
The apartment sits within Mill Lodge, Mill Road, Hailsham, BN27.
Mill Road, Hailsham, BN27 lies in the borough of Wealden, within the BN27 postal district.
Our Data Sources
Flat 6, Mill Lodge, Hailsham has 31 entries in the Land Registry , most recently in April 2014 and a single entry in the EPC database dated July 2012.
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
In very good condition, we estimate Flat 6, Mill Lodge, Hailsham would be worth £79,813, with a potential rental value of £484 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £70,691, with a rental value of £428 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 6, Mill Lodge, Hailsham has decreased by £1,742 (2.3%) over the last year. During the same period, its estimated monthly rental value has grown by £13 (2.8%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 6, Mill Lodge, Hailsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 6, Mill Lodge, Hailsham last changed hands on 30th April 2014, selling for £50,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 47.5% since April 2014.
- Sold Apr 2014£50,000
- Sold Feb 2003£69,950
- Sold Aug 2001£45,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of Flat 6, Mill Lodge, Hailsham across the last 2 years.
Most recently, Flat 19, Mill Lodge, Mill Road, Hailsham, BN27 2PT, a leasehold flat, sold at £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.
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Location Comparison
Our analysis of the public data ranks Flat 6, Mill Lodge, Hailsham as the 128th largest and the 130th most expensive of the 142 addresses on Mill Road, Hailsham, BN27.
Against the BN27 postcode district average, it is £264k less expensive than the typical property.
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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
Polegate station is the nearest stop to Flat 6, Mill Lodge, Hailsham at 4.5 kilometres away.
- 4.5kmPolegate
- 6.6kmPevensey & Westham
- 7.2kmBerwick (Sussex)
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
