According to the public record, 1, Wolsey Place 49, Hailsham is a modern leasehold apartment and with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wolsey Place, London Road, Hailsham, BN27.
London Road, Hailsham, BN27 is located in the borough of Wealden within the BN27 postal district.
1, Wolsey Place 49, Hailsham has 2 entries in the Land Registry database, most recently in July 2022 and no records in the EPC database.
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 Wolsey Place 49 Hailsham as £274,084 and the rental value as £1,267 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1 Wolsey Place 49 Hailsham has increased by £5,093 (1.9%) and its rental value has increased by £81 per month (6.4%).
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, Wolsey Place 49, Hailsham is in very good condition we estimate a sale value of £287,789 and rental value of £1,331 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,899 and a rental value of £1,179 per month.
If you were able to purchase this property for the estimated value of £274,084, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,347 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, Wolsey Place 49, Hailsham was last sold on 29 Jul 2022 for £270,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Wolsey Place 49, Hailsham within a radius of 0m over the last 2 years.
The most recent example is 12, Wolsey Place 49, London Road, Hailsham, BN27 3FU, a Leasehold flat which sold for £175,000 in Jun 2023.
Read more about house prices in BN27.
London Road, Hailsham, BN27 has a total of 283 addresses. According to our analysis of all the public data, 1, Wolsey Place 49, Hailsham is the 253rd largest and the 239th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in BN27.
1, Wolsey Place 49, Hailsham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 1, Wolsey Place 49, Hailsham is Polegate station which is 5.2 km 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, Wolsey Place 49, Hailsham, 52.7% of property is privately owned outright and 24.2% 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, Wolsey Place 49, Hailsham, 14.2% of residents are recorded as possessing school level qualifications and 16.7% 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, Wolsey Place 49, Hailsham, the average age was 44.9 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, Wolsey Place 49, Hailsham, 0.5% 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, Wolsey Place 49, Hailsham, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.