According to the public record, Oaklea, Heathfield is a mid-century freehold house with 1,410 ft2 of internal area and sits on a 399 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Horebeech Lane, Horam, Heathfield, TN21 is located in the borough of Wealden within the TN21 postal district.
Oaklea, Heathfield has 2 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated May 2019.
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 Oaklea Heathfield as £535,084 and the rental value as £1,767 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Oaklea Heathfield has decreased by £4,022 (0.8%) and its rental value has increased by £83 per month (4.7%).
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 Oaklea, Heathfield is in very good condition we estimate a sale value of £561,838 and rental value of £1,855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,628 and a rental value of £1,643 per month.
If you were able to purchase this property for the estimated value of £535,084, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,630 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, Oaklea, Heathfield sits on a plot of 399m2.
We have plot size data on 8 out of 13 other houses in the postcode and Oaklea, Heathfield sits on the 8th largest plot.
According to HM Land Registry, Oaklea, Heathfield was last sold on 06 Dec 2019 for £390,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Oaklea, Heathfield within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 45, Bramley Avenue, Heathfield, TN21 0FN, a Freehold house which sold for £500,000 in Mar 2023.
Read more about house prices in TN21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horebeech Lane, Horam, Heathfield, TN21 has a total of 84 addresses. According to our analysis of all the public data, Oaklea, Heathfield is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in TN21.
Oaklea, Heathfield has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2019.
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 Oaklea, Heathfield is Buxted station which is 10.3 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 Oaklea, Heathfield, 58.4% of property is privately owned outright and 29.2% 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 Oaklea, Heathfield, 14.6% of residents are recorded as possessing school level qualifications and 25.3% 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 Oaklea, 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 Oaklea, Heathfield, 0.9% 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 Oaklea, Heathfield, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.