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According to the public record, Merriefields, Hailsham is a period freehold house with 2,475 ft2 of internal area and sits on a 17,415 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Merriefields, Hailsham is £977,658 and the estimated rental value is £3,352 per month.
Hackhurst Lane, Lower Dicker, Hailsham, BN27 is located in the borough of Wealden within the BN27 postal district.
Merriefields, Hailsham has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated September 2019.
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.
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 Merriefields, Hailsham is in very good condition we estimate a sale value of £1,026,541 and a rental value of £3,520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £909,222 and a rental value of £3,118 per month.
Over the last 12 months the sale value of Merriefields Hailsham has decreased by an estimated £52,145 (5.3%) and its rental value has increased by an estimated £33 per month (1.0%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, Merriefields, Hailsham sits on a plot of 17415m2.
We have plot size data on 9 out of 14 other houses in the postcode and Merriefields, Hailsham sits on the 4th largest plot.
Merriefields, Hailsham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Merriefields, Hailsham was last sold on 26th August 2021 for £1,099,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has dropped 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Merriefields, Hailsham within a radius of 2.4 kilometres over the last 2 years.
The most recent example is The Old Workhouse, Nash Street, Hailsham, BN27 4AA, a freehold house which sold for £1,200,000 on the 16th March 2021.
Read more about house prices in BN27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hackhurst Lane, Lower Dicker, Hailsham, BN27 has a total of 23 addresses. According to our analysis of all the public data, Merriefields, Hailsham is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £639k more expensive than the average property in BN27.
The closest station to Merriefields, Hailsham is Berwick (Sussex) station which is 6.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Merriefields, Hailsham, 56.5% of property is privately owned outright and 32.5% 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 Merriefields, Hailsham, 11.3% of residents are recorded as possessing school level qualifications and 37.3% 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 Merriefields, Hailsham, the average age was 45.4 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 Merriefields, Hailsham, 2.0% 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 Merriefields, Hailsham, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.