According to the public record, 1 Fern Flats, Heathfield is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Vines Cross, Heathfield, TN21.
Vines Cross, Heathfield, TN21 is located in the borough of Wealden within the TN21 postal district.
1 Fern Flats, Heathfield has a single entry in the Land Registry database from December 2012 and a single entry in the EPC database dated April 2014.
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 Fern Flats Heathfield as £165,913 and the rental value as £881 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 1 Fern Flats Heathfield has increased by £1,608 (1.0%) and its rental value has increased by £57 per month (6.5%).
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 Fern Flats, Heathfield is in very good condition we estimate a sale value of £174,208 and rental value of £925 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,299 and a rental value of £820 per month.
If you were able to purchase this property for the estimated value of £165,913, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £815 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 HM Land Registry, 1 Fern Flats, Heathfield was last sold on 18 Dec 2012 for £115,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2012, the market for similar properties has risen 43.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Fern Flats, Heathfield within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 1, Manor Court, Heathfield, TN21 0ES, a Leasehold flat which sold for £165,000 in Oct 2023.
Read more about house prices in TN21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vines Cross, Heathfield, TN21 has a total of 82 addresses. According to our analysis of all the public data, 1 Fern Flats, Heathfield is the 66th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £340k less expensive than the average property in TN21.
1 Fern Flats, Heathfield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 1 Fern Flats, Heathfield is Buxted station which is 11.2 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 Fern Flats, Heathfield, 47.2% of property is privately owned outright and 42.5% 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 Fern Flats, Heathfield, 19.4% of residents are recorded as possessing school level qualifications and 35.3% 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 Fern Flats, Heathfield, 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 1 Fern Flats, Heathfield, 0.2% 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 Fern Flats, Heathfield, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.