According to the public record, 3 The Old Corn Stores, Heathfield is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Old Corn Stores, High Street, Horam, Heathfield, TN21.
High Street, Horam, Heathfield, TN21 is located in the borough of Wealden within the TN21 postal district.
3 The Old Corn Stores, Heathfield has 21 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated May 2019.
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 3 The Old Corn Stores Heathfield as £194,272 and the rental value as £918 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 3 The Old Corn Stores Heathfield has increased by £1,883 (1.0%) and its rental value has increased by £60 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 3 The Old Corn Stores, Heathfield is in very good condition we estimate a sale value of £203,986 and rental value of £964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,673 and a rental value of £854 per month.
If you were able to purchase this property for the estimated value of £194,272, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £955 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, 3 The Old Corn Stores, Heathfield was last sold on 16 Apr 2021 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 9.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 The Old Corn Stores, Heathfield within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 2, Merrydown Way, Heathfield, TN21 0FJ, a Leasehold flat which sold for £225,000 in Nov 2021.
Read more about house prices in TN21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Horam, Heathfield, TN21 has a total of 70 addresses. According to our analysis of all the public data, 3 The Old Corn Stores, Heathfield is the 55th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £312k less expensive than the average property in TN21.
3 The Old Corn Stores, Heathfield has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 3 The Old Corn Stores, Heathfield is Buxted station which is 10.0 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 3 The Old Corn Stores, Heathfield, 41.7% of property is privately owned outright and 38.2% 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 3 The Old Corn Stores, Heathfield, 19.2% of residents are recorded as possessing school level qualifications and 33.6% 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 3 The Old Corn Stores, 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 3 The Old Corn Stores, Heathfield, 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 3 The Old Corn Stores, Heathfield, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.