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Registered Address: 2 Leman St, London E1 8FA
According to the public record, Wheel Cottage, Mayfield is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,611 ft2 of internal area and sits on a 990 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Wheel Cottage, Mayfield is £732,976 and the estimated rental value is £1,871 per month.
Spring Lane, Five Ashes, Mayfield, TN20 is located in the borough of Wealden within the TN20 postal district.
Wheel Cottage, Mayfield has 31 entries in the Land Registry , most recently in September 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Wheel Cottage, Mayfield is in very good condition we estimate a sale value of £769,625 and a rental value of £1,964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £681,668 and a rental value of £1,740 per month.
Over the last 12 months the sale value of Wheel Cottage Mayfield has decreased by an estimated £19,336 (2.6%) and its rental value has increased by an estimated £49 per month (2.6%), giving an expected gross yield of 3.1%.
According to data from HM Land Registry, Wheel Cottage, Mayfield sits on a plot of 990m2.
We have plot size data on 7 out of 8 other houses in the postcode and Wheel Cottage, Mayfield sits on the 3rd largest plot.
According to HM Land Registry, Wheel Cottage, Mayfield was last sold on 22nd September 2022 for £768,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2022, the market for similar properties has dropped 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Wheel Cottage, Mayfield within a radius of 3.8 kilometres over the last 2 years.
The most recent example is Yew Tree Cottage, Spring Lane, Mayfield, TN20 6LD, a freehold house which sold for £640,000 on the 14th August 2024.
Read more about house prices in TN20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Lane, Five Ashes, Mayfield, TN20 has a total of 8 addresses. According to our analysis of all the public data, Wheel Cottage, Mayfield is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £233k more expensive than the average property in TN20.
The closest station to Wheel Cottage, Mayfield is Crowborough station which is 5.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Wheel Cottage, Mayfield, 51.3% of property is privately owned outright and 37.6% 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 Wheel Cottage, Mayfield, 15.8% of residents are recorded as possessing school level qualifications and 37.7% 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 Wheel Cottage, Mayfield, the average age was 46.9 and the most common age was 57.
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 Wheel Cottage, Mayfield, 0.0% 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 Wheel Cottage, Mayfield, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
