According to the public record, 1, Adur Drive, Shoreham-By-Sea is a early-century leasehold apartment with 546 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 1, Adur Drive, Shoreham-By-Sea, BN43.
Adur Drive, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
1, Adur Drive, Shoreham-By-Sea has 21 entries in the Land Registry database, most recently in November 2010 and a single entry in the EPC database dated September 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 1 Adur Drive Shoreham-By-Sea as £303,002 and the rental value as £1,212 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 1 Adur Drive Shoreham-By-Sea has increased by £2,320 (0.8%) and its rental value has increased by £69 per month (5.7%).
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 1, Adur Drive, Shoreham-By-Sea is in very good condition we estimate a sale value of £318,152 and rental value of £1,273 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,792 and a rental value of £1,127 per month.
If you were able to purchase this property for the estimated value of £303,002, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,489 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, 1, Adur Drive, Shoreham-By-Sea was last sold on 19 Nov 2010 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2010, the market for similar properties has risen 65.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Adur Drive, Shoreham-By-Sea within a radius of 580 metres over the last 2 years.
The most recent example is Flat 116, Mariner Point 83, Brighton Road, Shoreham-By-Sea, BN43 6DH, a Leasehold flat which sold for £225,000 in Sep 2022.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Adur Drive, Shoreham-By-Sea, BN43 has a total of 57 addresses. According to our analysis of all the public data, 1, Adur Drive, Shoreham-By-Sea is the 56th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in BN43.
1, Adur Drive, Shoreham-By-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2020.
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 1, Adur Drive, Shoreham-By-Sea is Shoreham-by-Sea station which is 600 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 1, Adur Drive, Shoreham-By-Sea, 48.5% of property is privately owned with a mortgage and 30.8% 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 1, Adur Drive, Shoreham-By-Sea, 21.2% of residents are recorded as possessing school level qualifications and 31.6% 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 1, Adur Drive, Shoreham-By-Sea, the average age was 40.9 and the most common age was 7.
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 1, Adur Drive, Shoreham-By-Sea, 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 1, Adur Drive, Shoreham-By-Sea, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.