According to the public record, 11, Mercatoria, St. Leonards-On-Sea is a period freehold house and with 1,593 ft2 of internal area and sits on a 72.4 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mercatoria, St. Leonards-On-Sea, TN38 is located in the borough of Hastings within the TN38 postal district.
11, Mercatoria, St. Leonards-On-Sea has 31 entries in the Land Registry database, most recently in November 2018 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 11 Mercatoria St. Leonards-On-Sea as £496,276 and the rental value as £1,819 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 11 Mercatoria St. Leonards-On-Sea has increased by £1,429 (0.3%) and its rental value has increased by £70 per month (3.8%).
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 11, Mercatoria, St. Leonards-On-Sea is in very good condition we estimate a sale value of £521,090 and rental value of £1,910 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,537 and a rental value of £1,692 per month.
If you were able to purchase this property for the estimated value of £496,276, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,439 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, 11, Mercatoria, St. Leonards-On-Sea sits on a plot of 72m2.
We have plot size data on 10 out of 14 other houses in the postcode and 11, Mercatoria, St. Leonards-On-Sea sits on the 6th largest plot.
According to HM Land Registry, 11, Mercatoria, St. Leonards-On-Sea was last sold on 01 Nov 2018 for £387,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2018, the market for similar properties has risen 26.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Mercatoria, St. Leonards-On-Sea within a radius of 142m over the last 2 years.
The most recent example is 10, Stanhope Place, St. Leonards-On-Sea, TN38 0ED, a Freehold house which sold for £450,000 in Jan 2023.
Read more about house prices in TN38.
Mercatoria, St. Leonards-On-Sea, TN38 has a total of 19 addresses. According to our analysis of all the public data, 11, Mercatoria, St. Leonards-On-Sea is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £201k more expensive than the average property in TN38.
11, Mercatoria, St. Leonards-On-Sea has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 May 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 11, Mercatoria, St. Leonards-On-Sea is St Leonards Warrior Square station which is 500 m 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 11, Mercatoria, St. Leonards-On-Sea, 41.3% of property is privately owned outright and 33.9% is privately rented.
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 11, Mercatoria, St. Leonards-On-Sea, 8.8% of residents are recorded as possessing school level qualifications and 55.5% 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 11, Mercatoria, St. Leonards-On-Sea, the average age was 42.4 and the most common age was 52.
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 11, Mercatoria, St. Leonards-On-Sea, 1.0% 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 11, Mercatoria, St. Leonards-On-Sea, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.