According to the public record, Basement, 5, Wellington Square, Hastings is a period apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 5, Wellington Square, Hastings, TN34.
Wellington Square, Hastings, TN34 is located in the borough of Hastings within the TN34 postal district.
Basement, 5, Wellington Square, Hastings has no records in the Land Registry database and a single entry in the EPC database dated August 2019.
We combine this information with public data 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 Basement 5 Wellington Square Hastings as £164,378 and the rental value as £961 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Basement 5 Wellington Square Hastings has increased by £3,669 (2.2%) and its rental value has increased by £51 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 Basement, 5, Wellington Square, Hastings is in very good condition we estimate a sale value of £172,597 and rental value of £1,009 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,872 and a rental value of £893 per month.
If you were able to purchase this property for the estimated value of £164,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £808 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Basement, 5, Wellington Square, Hastings within a radius of 470 metres over the last 2 years.
The most recent example is Flat 10, 1A , Wellington Square, Hastings, TN34 1PB, a Leasehold flat which sold for £215,000 in Sep 2023.
Read more about house prices in TN34.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Square, Hastings, TN34 has a total of 162 addresses. According to our analysis of all the public data, Basement, 5, Wellington Square, Hastings is the 69th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in TN34.
Basement, 5, Wellington Square, Hastings has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Aug 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
The closest station to Basement, 5, Wellington Square, Hastings is Hastings station which is 500 metres 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 Basement, 5, Wellington Square, Hastings, 69.4% of property is privately rented and 13.9% is privately owned outright.
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 Basement, 5, Wellington Square, Hastings, 15.2% of residents are recorded as possessing school level qualifications and 33.2% 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 Basement, 5, Wellington Square, Hastings, the average age was 40.9 and the most common age was 27.
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 Basement, 5, Wellington Square, Hastings, 1.2% 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 Basement, 5, Wellington Square, Hastings, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.