According to the public record, 7, Drapers Way, St. Leonards-On-Sea is a modern freehold house with 635 ft2 of internal area and sits on a 172 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Drapers Way, St. Leonards-On-Sea, TN38 is located in the borough of Hastings within the TN38 postal district.
7, Drapers Way, St. Leonards-On-Sea has 2 entries in the Land Registry database, most recently in August 2020 and a single entry in the EPC database dated June 2016.
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 7 Drapers Way St. Leonards-On-Sea as £235,818 and the rental value as £1,179 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 7 Drapers Way St. Leonards-On-Sea has increased by £4,125 (1.7%) and its rental value has increased by £63 per month (5.3%).
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 7, Drapers Way, St. Leonards-On-Sea is in very good condition we estimate a sale value of £247,609 and rental value of £1,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,311 and a rental value of £1,096 per month.
If you were able to purchase this property for the estimated value of £235,818, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,159 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, 7, Drapers Way, St. Leonards-On-Sea sits on a plot of 172m2.
We have plot size data on 31 out of 37 other houses in the postcode and 7, Drapers Way, St. Leonards-On-Sea sits on the 5th largest plot.
According to HM Land Registry, 7, Drapers Way, St. Leonards-On-Sea was last sold on 25 Aug 2020 for £225,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2020, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Drapers Way, St. Leonards-On-Sea within a radius of 550 metres over the last 2 years.
The most recent example is 8, Horseshoe Close, St. Leonards-On-Sea, TN38 9BT, a Freehold house which sold for £253,000 in Aug 2023.
Read more about house prices in TN38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drapers Way, St. Leonards-On-Sea, TN38 has a total of 38 addresses. According to our analysis of all the public data, 7, Drapers Way, St. Leonards-On-Sea is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in TN38.
7, Drapers Way, St. Leonards-On-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jun 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 7, Drapers Way, St. Leonards-On-Sea is St Leonards Warrior Square station which is 1.5 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 7, Drapers Way, St. Leonards-On-Sea, 38.7% of property is privately rented and 28.7% 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 7, Drapers Way, St. Leonards-On-Sea, 19.6% of residents are recorded as possessing school level qualifications and 22.7% 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 7, Drapers Way, St. Leonards-On-Sea, the average age was 41.6 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 7, Drapers Way, St. Leonards-On-Sea, 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 7, Drapers Way, St. Leonards-On-Sea, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.