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According to the public record, The Studio, Polegate is a period leasehold apartment with 379 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Studio, Polegate is £199,896 and the estimated rental value is £999 per month.
The Tye, Alfriston, Polegate, BN26 is located in the borough of Wealden within the BN26 postal district.
The Studio, Polegate has 31 entries in the Land Registry , most recently in October 2007 and a single entry in the EPC database dated January 2009.
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 The Studio, Polegate is in very good condition we estimate a sale value of £209,891 and a rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,903 and a rental value of £929 per month.
Over the last 12 months the sale value of The Studio Polegate has decreased by an estimated £5,279 (2.6%) and its rental value has increased by an estimated £28 per month (2.8%), giving an expected gross yield of 6%.
The Studio, Polegate has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Jan 2009.
The property is not connected to mains gas and has full secondary glazing. It is heated using Electric storage heaters.
According to HM Land Registry, The Studio, Polegate was last sold on 19th October 2007 for £150,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2007, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 3.8 kilometres radius of The Studio, Polegate over the last 2 years.
The most recent example is 7 Chestnut Cottages, High Street, Polegate, BN26 5TB, a freehold house which sold for £487,000 on the 30th August 2023.
Read more about house prices in BN26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Tye, Alfriston, Polegate, BN26 has a total of 5 addresses. According to our analysis of all the public data, The Studio, Polegate is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in BN26.
The closest station to The Studio, Polegate is Berwick (Sussex) station which is 3.8 kilometres away.
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 The Studio, Polegate, 47.9% of property is privately owned outright and 26.5% is privately rented.
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 The Studio, Polegate, 13.6% of residents are recorded as possessing school level qualifications and 51.9% 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 The Studio, Polegate, 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 The Studio, Polegate, 0.8% 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 The Studio, Polegate, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.