According to the public record, 1 Mill House, Hailsham is a period freehold house with 1,227 ft2 of internal area and sits on a 3,822 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lower Dicker, Hailsham, BN27 is located in the borough of Wealden within the BN27 postal district.
1 Mill House, Hailsham has a single entry in the Land Registry database from June 2007 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Mill House Hailsham as £485,817 and the rental value as £1,650 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 1 Mill House Hailsham has decreased by £1,757 (0.4%) and its rental value has increased by £69 per month (4.2%).
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 1 Mill House, Hailsham is in very good condition we estimate a sale value of £510,108 and rental value of £1,732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £451,810 and a rental value of £1,534 per month.
If you were able to purchase this property for the estimated value of £485,817, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,388 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1 Mill House, Hailsham sits on a plot of 3822m2.
We have plot size data on 2 out of 3 other houses in the postcode and 1 Mill House, Hailsham sits on the 2nd largest plot.
According to HM Land Registry, 1 Mill House, Hailsham was last sold on 20 Jun 2007 for £313,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 58.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Mill House, Hailsham within a radius of 2.9 kilometres over the last 2 years.
The most recent example is Springfield, Hailsham, BN27 4BT, a Freehold house which sold for £550,000 in Dec 2022.
Read more about house prices in BN27.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Dicker, Hailsham, BN27 has a total of 142 addresses. According to our analysis of all the public data, 1 Mill House, Hailsham is the 52nd largest and the 37th most expensive property on the street.
When compared to the postcode district it is £136k more expensive than the average property in BN27.
1 Mill House, Hailsham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 May 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 1 Mill House, Hailsham is Berwick (Sussex) station which is 5.5 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 1 Mill House, 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 Greater London 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 1 Mill House, 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 Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Mill House, 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 1 Mill House, 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 1 Mill House, 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.