According to the public record, 10, Monarch Way, Shoreham-By-Sea is a modern house with 1,151 ft2 of internal area and sits on a 2,443 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Monarch Way, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
10, Monarch Way, Shoreham-By-Sea has no records in the Land Registry database and a single entry in the EPC database dated October 2017.
We combine this information with public data 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 10 Monarch Way Shoreham-By-Sea as £492,772 and the rental value as £2,168 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 10 Monarch Way Shoreham-By-Sea has increased by £994 (0.2%) and its rental value has increased by £114 per month (5.3%).
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 10, Monarch Way, Shoreham-By-Sea is in very good condition we estimate a sale value of £517,411 and rental value of £2,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,278 and a rental value of £2,016 per month.
If you were able to purchase this property for the estimated value of £492,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,422 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, 10, Monarch Way, Shoreham-By-Sea sits on a plot of 2443m2.
We have plot size data on 10 out of 10 other houses in the postcode and 10, Monarch Way, Shoreham-By-Sea sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Monarch Way, Shoreham-By-Sea within a radius of 540 metres over the last 2 years.
The most recent example is 3, Monarch Way, Shoreham-By-Sea, BN43 6DL, a Freehold house which sold for £487,500 in Jul 2023.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monarch Way, Shoreham-By-Sea, BN43 has a total of 27 addresses. According to our analysis of all the public data, 10, Monarch Way, Shoreham-By-Sea is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in BN43.
10, Monarch Way, Shoreham-By-Sea has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 10, Monarch Way, Shoreham-By-Sea is Shoreham-by-Sea station which is 1.2 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 10, Monarch Way, Shoreham-By-Sea, 40.6% of property is privately owned with a mortgage and 36.2% 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 10, Monarch Way, Shoreham-By-Sea, 17.5% of residents are recorded as possessing school level qualifications and 33.4% 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 10, Monarch Way, 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 10, Monarch Way, 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 10, Monarch Way, Shoreham-By-Sea, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.