According to the public record, Flat 4, 1, Wellington Square, Hastings 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 1, Wellington Square, Hastings, TN34.
Wellington Square, Hastings, TN34 is located in the borough of Hastings within the TN34 postal district.
Flat 4, 1, Wellington Square, Hastings has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated May 2012.
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 4 1 Wellington Square Hastings as £197,288 and the rental value as £983 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 4 1 Wellington Square Hastings has increased by £5,073 (2.6%) and its rental value has increased by £55 per month (5.6%).
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 4, 1, Wellington Square, Hastings is in very good condition we estimate a sale value of £207,152 and rental value of £1,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,478 and a rental value of £914 per month.
If you were able to purchase this property for the estimated value of £197,288, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £970 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 4, 1, Wellington Square, Hastings was last sold on 29 Jan 2016 for £149,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 1, Wellington Square, Hastings within a radius of 460 metres over the last 2 years.
The most recent example is Flat 2, 1, Wellington Square, Hastings, TN34 1PB, a Leasehold flat which sold for £205,000 in Nov 2022.
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, Flat 4, 1, Wellington Square, Hastings is the 52nd largest and the 65th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in TN34.
Flat 4, 1, Wellington Square, Hastings has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 18 May 2012.
The property is not connected to mains gas and has mostly secondary glazing. It is heated using Room heaters, electric.
The closest station to Flat 4, 1, 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 Flat 4, 1, 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 Flat 4, 1, 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 Flat 4, 1, 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 Flat 4, 1, 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 Flat 4, 1, 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.