According to the public record, 2 The Paddock, Hailsham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,544 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Coldharbour Road, Upper Dicker, Hailsham, BN27 is located in the borough of Wealden within the BN27 postal district.
2 The Paddock, Hailsham has a single entry in the Land Registry database from June 2021 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 good condition, we estimate the current sale value for 2 The Paddock Hailsham as £502,715 and the rental value as £1,944 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 2 The Paddock Hailsham has decreased by £718 (0.1%) and its rental value has increased by £86 per month (4.4%).
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 2 The Paddock, Hailsham is in very good condition we estimate a sale value of £527,851 and rental value of £2,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,525 and a rental value of £1,808 per month.
If you were able to purchase this property for the estimated value of £502,715, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,471 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, 2 The Paddock, Hailsham was last sold on 23 Jun 2021 for £480,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Paddock, Hailsham within a radius of 2.9 kilometres over the last 2 years.
The most recent example is Orchard House, Hailsham, BN27 3QD, a Freehold house which sold for £780,000 in Dec 2023.
Read more about house prices in BN27.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coldharbour Road, Upper Dicker, Hailsham, BN27 has a total of 46 addresses. According to our analysis of all the public data, 2 The Paddock, Hailsham is the 22nd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in BN27.
The closest station to 2 The Paddock, Hailsham is Berwick (Sussex) station which is 4.0 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 2 The Paddock, Hailsham, 44.4% of property is privately owned outright and 36.1% 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 2 The Paddock, Hailsham, 52.8% of residents are recorded as possessing school level qualifications and 34.1% 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 2 The Paddock, 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 2 The Paddock, Hailsham, 2.3% 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 2 The Paddock, Hailsham, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.