According to the public record, 10, St. Marys Close, Shoreham-By-Sea is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
St. Marys Close, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
10, St. Marys Close, Shoreham-By-Sea has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated November 2021.
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 10 St. Marys Close Shoreham-By-Sea as £325,095 and the rental value as £1,261 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 10 St. Marys Close Shoreham-By-Sea has increased by £2,714 (0.8%) and its rental value has increased by £73 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 10, St. Marys Close, Shoreham-By-Sea is in very good condition we estimate a sale value of £341,350 and rental value of £1,324 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,338 and a rental value of £1,173 per month.
If you were able to purchase this property for the estimated value of £325,095, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,598 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, 10, St. Marys Close, Shoreham-By-Sea was last sold on 21 Feb 2022 for £337,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, St. Marys Close, Shoreham-By-Sea within a radius of 470 metres over the last 2 years.
The most recent example is 2, St. Marys Close, Shoreham-By-Sea, BN43 5ZB, a Leasehold flat which sold for £320,000 in Dec 2020.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Marys Close, Shoreham-By-Sea, BN43 has a total of 12 addresses. According to our analysis of all the public data, 10, St. Marys Close, Shoreham-By-Sea is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in BN43.
10, St. Marys Close, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Nov 2021.
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 10, St. Marys Close, Shoreham-By-Sea is Shoreham-by-Sea station which is 200 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 10, St. Marys Close, Shoreham-By-Sea, 39.6% of property is privately owned outright and 25.8% 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 10, St. Marys Close, Shoreham-By-Sea, 13.5% of residents are recorded as possessing school level qualifications and 44.4% 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, St. Marys Close, 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 10, St. Marys Close, Shoreham-By-Sea, 1.2% 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, St. Marys Close, Shoreham-By-Sea, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.