According to the public record, 42, Melrose Close, Hailsham is a modern freehold house and with 979 ft2 of internal area and sits on a 270 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melrose Close, Hailsham, BN27 is located in the borough of Wealden within the BN27 postal district.
42, Melrose Close, Hailsham has 21 entries in the Land Registry database, most recently in October 2016 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 42 Melrose Close Hailsham as £349,948 and the rental value as £1,521 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 42 Melrose Close Hailsham has increased by £1,474 (0.4%) and its rental value has increased by £74 per month (4.9%).
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 42, Melrose Close, Hailsham is in very good condition we estimate a sale value of £367,446 and rental value of £1,597 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,452 and a rental value of £1,415 per month.
If you were able to purchase this property for the estimated value of £349,948, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,720 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, 42, Melrose Close, Hailsham sits on a plot of 270m2.
We have plot size data on 34 out of 46 other houses in the postcode and 42, Melrose Close, Hailsham sits on the 4th largest plot.
According to HM Land Registry, 42, Melrose Close, Hailsham was last sold on 10 Oct 2016 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2016, the market for similar properties has risen 23.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Melrose Close, Hailsham within a radius of 127m over the last 2 years.
The most recent example is 32, St. Boswells Close, Hailsham, BN27 3WB, a Freehold house which sold for £338,000 in May 2024.
Read more about house prices in BN27.
Melrose Close, Hailsham, BN27 has a total of 46 addresses. According to our analysis of all the public data, 42, Melrose Close, Hailsham is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £261 less expensive than the average property in BN27.
42, Melrose Close, Hailsham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 42, Melrose Close, Hailsham is Polegate station which is 5.0 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 42, Melrose Close, Hailsham, 41.5% of property is privately owned outright and 39.8% 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 42, Melrose Close, Hailsham, 13.4% of residents are recorded as possessing school level qualifications and 30.3% 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 42, Melrose Close, 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 42, Melrose Close, Hailsham, 0.0% 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 42, Melrose Close, Hailsham, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.