According to the public record, Flat 4, Horam Inn, Heathfield is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Horam Inn, High Street, Horam, Heathfield, TN21.
High Street, Horam, Heathfield, TN21 is located in the borough of Wealden within the TN21 postal district.
Flat 4, Horam Inn, Heathfield has 2 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated January 2018.
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 Horam Inn Heathfield as £181,480 and the rental value as £926 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 4 Horam Inn Heathfield has increased by £1,759 (1.0%) and its rental value has increased by £60 per month (6.5%).
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, Horam Inn, Heathfield is in very good condition we estimate a sale value of £190,554 and rental value of £973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,776 and a rental value of £862 per month.
If you were able to purchase this property for the estimated value of £181,480, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £892 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, Horam Inn, Heathfield was last sold on 20 Oct 2021 for £163,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Horam Inn, Heathfield within a radius of 3.0 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.
High Street, Horam, Heathfield, TN21 has a total of 70 addresses. According to our analysis of all the public data, Flat 4, Horam Inn, Heathfield is the 51st largest and the 55th most expensive property on the street.
When compared to the postcode district it is £325k less expensive than the average property in TN21.
Flat 4, Horam Inn, Heathfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, Horam Inn, Heathfield is Buxted station which is 10.0 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 4, Horam Inn, Heathfield, 41.7% of property is privately owned outright and 38.2% 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 4, Horam Inn, Heathfield, 19.2% of residents are recorded as possessing school level qualifications and 33.6% 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, Horam Inn, 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 4, Horam Inn, Heathfield, 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 Flat 4, Horam Inn, Heathfield, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.