According to the public record, 14, New Road, Shoreham-By-Sea is a period apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
New Road, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
14, New Road, Shoreham-By-Sea has no records in the Land Registry database and a single entry in the EPC database dated November 2021.
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 14 New Road Shoreham-By-Sea as £348,767 and the rental value as £1,673 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 14 New Road Shoreham-By-Sea has increased by £5,881 (1.7%) and its rental value has increased by £112 per month (6.7%).
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 14, New Road, Shoreham-By-Sea is in very good condition we estimate a sale value of £366,206 and rental value of £1,757 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,354 and a rental value of £1,556 per month.
If you were able to purchase this property for the estimated value of £348,767, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,714 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 14, New Road, Shoreham-By-Sea within a radius of 480 metres over the last 2 years.
The most recent example is Flat 2, 17, Ham Road, Shoreham-By-Sea, BN43 6PA, a Leasehold flat which sold for £395,000 in Jun 2018.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Shoreham-By-Sea, BN43 has a total of 90 addresses. According to our analysis of all the public data, 14, New Road, Shoreham-By-Sea is the 21st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in BN43.
14, New Road, Shoreham-By-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2021.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to 14, New Road, Shoreham-By-Sea is Shoreham-by-Sea station which is 300 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 14, New Road, Shoreham-By-Sea, 39.8% of property is socially rented and 37.8% 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 14, New Road, Shoreham-By-Sea, 11.6% of residents are recorded as possessing school level qualifications and 34.0% 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 14, New Road, 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 14, New Road, 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 14, New Road, 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.