According to the public record, 15, Elm Way, Heathfield is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,603 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Elm Way, Heathfield, TN21 is located in the borough of Wealden within the TN21 postal district.
15, Elm Way, Heathfield has 2 entries in the Land Registry database, most recently in November 2008 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Elm Way Heathfield as £580,030 and the rental value as £1,890 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 15 Elm Way Heathfield has decreased by £4,242 (0.7%) and its rental value has increased by £84 per month (4.5%).
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 15, Elm Way, Heathfield is in very good condition we estimate a sale value of £609,031 and rental value of £1,984 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £539,428 and a rental value of £1,757 per month.
If you were able to purchase this property for the estimated value of £580,030, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,851 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, 15, Elm Way, Heathfield was last sold on 05 Nov 2008 for £382,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2008, the market for similar properties has risen 67.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Elm Way, Heathfield within a radius of 176m over the last 2 years.
The most recent example is 1, Beechwood Lane, Heathfield, TN21 8QQ, a Freehold house which sold for £530,000 in Jul 2023.
Read more about house prices in TN21.
Elm Way, Heathfield, TN21 has a total of 43 addresses. According to our analysis of all the public data, 15, Elm Way, Heathfield is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £74k more expensive than the average property in TN21.
The closest station to 15, Elm Way, Heathfield is Stonegate station which is 9.6 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 15, Elm Way, Heathfield, 47.2% of property is privately owned outright and 45.8% 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 15, Elm Way, Heathfield, 20.5% of residents are recorded as possessing school level qualifications and 34.8% 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 15, Elm Way, Heathfield, the average age was 45.1 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 15, Elm Way, Heathfield, 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 15, Elm Way, Heathfield, 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.