According to the public record, Flat 3, The Grange, Heathfield is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Grange, Horam, Heathfield, TN21.
Horam, Heathfield, TN21 is located in the borough of Wealden within the TN21 postal district.
Flat 3, The Grange, Heathfield has 2 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated October 2020.
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 Flat 3 The Grange Heathfield as £183,714 and the rental value as £902 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 3 The Grange Heathfield has increased by £1,964 (1.1%) and its rental value has increased by £58 per month (6.4%).
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 Flat 3, The Grange, Heathfield is in very good condition we estimate a sale value of £192,899 and rental value of £948 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,854 and a rental value of £839 per month.
If you were able to purchase this property for the estimated value of £183,714, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £903 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, Flat 3, The Grange, Heathfield was last sold on 23 Feb 2023 for £187,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, The Grange, Heathfield within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 1, Manor Court, Heathfield, TN21 0ES, a Leasehold flat which sold for £165,000 in Oct 2023.
Read more about house prices in TN21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horam, Heathfield, TN21 has a total of 83 addresses. According to our analysis of all the public data, Flat 3, The Grange, Heathfield is the 67th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £323k less expensive than the average property in TN21.
Flat 3, The Grange, Heathfield has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Oct 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 3, The Grange, Heathfield is Buxted station which is 10.1 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 Flat 3, The Grange, Heathfield, 52.7% of property is privately owned outright and 30.2% 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 Flat 3, The Grange, Heathfield, 17.1% of residents are recorded as possessing school level qualifications and 23.8% 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 Flat 3, The Grange, 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 Flat 3, The Grange, Heathfield, 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 Flat 3, The Grange, Heathfield, 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.