Malling Street, Lewes, East Sussex, BN7
OA

Malling Street, Lewes, East Sussex, BN7

By Oakley Property

£ 735,000

Reviews

4 out of 5 stars

Oakley Property says ..

Exquisite Three Bedroom 'A' Rated New Home at The Chalk Yard Development, set within the spectacular South Downs National Park and just a short walk from Lewes high street and train station.

Property Oracle says ..

Lewes is a popular and historic market town in East Sussex, known for its independent shops, restaurants, and its proximity to the South Downs National Park. The property’s location on Malling Street places it within walking distance of Lewes town centre, offering easy access to amenities and transport links. The nearby Lewes train station provides convenient access to Brighton and London. Several well-regarded primary and secondary schools are also located within a reasonable distance, making this an attractive location for families. The area appears to be desirable, with higher than average house prices compared to the wider East Sussex area.

The property is presented in excellent condition. The images show a modern, newly built home with high-quality fixtures and fittings. There is no visible evidence of wear and tear or the need for any repairs or renovations. The modern design and finishes contribute to its overall appeal. The property benefits from a private rear garden, which is a desirable feature in a town centre location.

The list price of £735,000 for a 1,320 sqft property is significantly higher than the average price per sqft in the area (£505). However, several factors could justify this higher price. The property is newly built and in excellent condition, unlike many of the other properties in the area. The modern design and finishes are likely to command a premium price. The plot size of 1,473 sqft is also larger than average, adding to its value. While the price per sqft is high, the overall condition, location, and plot size could justify the asking price within the context of the local market. Nearby properties for sale and recently sold show a wide range of prices, suggesting that the market in this specific area is quite varied.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
9
Land
8
Bedrooms
3
Bathrooms
2
Sqft (est)
1,320.00
Lot (est)
1,473.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
357,295.00 £
Decreased by 32.83 %
from 531,897.00 £
Est sale value
699,600.00 £
Decreased by 6.19 %
from 745,800.00 £
Average area rental value
1,215.00 £/mo
Decreased by 30.29 %
from 1,743.00 £/mo
Est letting value
1,320.00 £/mo
Unchanged by 0.00 %
from 1,320.00 £/mo
Est rental Yield
4.08 %
Increased by 3.82 %
from 3.93 %
Crime Rate
25.00 %
Unchanged by 0.00 %
from 25.00 %

Agent Activity

  • Oakley Property created the listing.

Nearby Schools

NameTypeOfstedDistance
South Malling Cofe Primary And Nursery SchoolVoluntary Controlled SchoolGood0.54 KM
Lewes Children'S CentreChildren's Centre0.83 KM
Priory SchoolFoundation SchoolGood1.10 KM
Lewes Old Grammar SchoolOther Independent School1.92 KM
Western Road Community Primary SchoolFoundation SchoolGood2.07 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cuilfail Tunnel £ 2,500,00000.00 KM
Cliffe Shopping Precinct £ 000.00 KM
Timberyard Cottages £ 000.00 KM
South Street £ 597,73400.00 KM
Cranmer Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Lewes5329LWS1.35 KM
Cooksbridge5336CBR4.45 KM
Southease5339SEE5.26 KM
Glynde5338GLY5.78 KM
Newhaven Town5331NVN9.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
112a Malling Street, Lewes, East Sussex, BN7 £ 495,000BUY8 / 100.00 KM
Malling Street, Lewes, East Sussex, BN7 £ 865,000BUY8 / 100.00 KM
112a Malling Street, Lewes, East Sussex, BN7 £ 475,000BUY7 / 100.00 KM
The Chalk Yard, Malling Street, Lewes £ 495,000BUY8 / 100.00 KM
Malling Street, Lewes, East Sussex, BN7 £ 735,000BUY8 / 100.00 KM

Nearby Properties

AddressPriceDistance
145 Malling Street £ 298,0000.04 KM
115 Malling Street £ 48,5000.04 KM
159 Malling Street £ 189,9500.04 KM
123 Malling Street £ 68,0000.04 KM
119 Malling Street £ 220,0000.04 KM