According to the public record, 1, West Street, Shoreham-By-Sea is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
West Street, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
1, West Street, Shoreham-By-Sea has 2 entries in the Land Registry database, most recently in May 2011 and a single entry in the EPC database dated May 2022.
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 West Street Shoreham-By-Sea as £277,007 and the rental value as £1,281 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1 West Street Shoreham-By-Sea has increased by £2,219 (0.8%) and its rental value has increased by £74 per month (5.8%).
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, West Street, Shoreham-By-Sea is in very good condition we estimate a sale value of £290,858 and rental value of £1,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,617 and a rental value of £1,191 per month.
If you were able to purchase this property for the estimated value of £277,007, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,361 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, West Street, Shoreham-By-Sea was last sold on 06 May 2011 for £58,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2011, the market for similar properties has risen 65.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, West Street, Shoreham-By-Sea within a radius of 540 metres over the last 2 years.
The most recent example is Flat 6, Magnus Place, Ropetackle, Shoreham-By-Sea, BN43 5ET, a Leasehold flat which sold for £267,500 in Mar 2021.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Street, Shoreham-By-Sea, BN43 has a total of 83 addresses. According to our analysis of all the public data, 1, West Street, Shoreham-By-Sea is the 67th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £175k less expensive than the average property in BN43.
1, West Street, Shoreham-By-Sea has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 May 2022.
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, West Street, Shoreham-By-Sea is Shoreham-by-Sea station which is 400 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, West Street, Shoreham-By-Sea, 43.6% of property is privately owned outright and 28.2% is privately rented.
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, West Street, Shoreham-By-Sea, 12.9% of residents are recorded as possessing school level qualifications and 44.0% 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, West Street, Shoreham-By-Sea, the average age was 44.9 and the most common age was 47.
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, West Street, Shoreham-By-Sea, 0.4% 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, West Street, Shoreham-By-Sea, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.