According to the public record, 161, Greenacres, Shoreham-By-Sea is a modern freehold house with 1,054 ft2 of internal area and sits on a 154 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Greenacres, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
161, Greenacres, Shoreham-By-Sea has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated June 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 161 Greenacres Shoreham-By-Sea as £482,779 and the rental value as £1,995 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 161 Greenacres Shoreham-By-Sea has increased by £1,422 (0.3%) and its rental value has increased by £105 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 161, Greenacres, Shoreham-By-Sea is in very good condition we estimate a sale value of £506,918 and rental value of £2,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,985 and a rental value of £1,856 per month.
If you were able to purchase this property for the estimated value of £482,779, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,373 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, 161, Greenacres, Shoreham-By-Sea sits on a plot of 154m2.
We have plot size data on 56 out of 88 other houses in the postcode and 161, Greenacres, Shoreham-By-Sea sits on the 45th largest plot.
According to HM Land Registry, 161, Greenacres, Shoreham-By-Sea was last sold on 08 Dec 2022 for £485,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 161, Greenacres, Shoreham-By-Sea within a radius of 520 metres over the last 2 years.
The most recent example is 137, Old Shoreham Road, Shoreham-By-Sea, BN43 5TF, a Freehold house which sold for £425,000 in Oct 2023.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greenacres, Shoreham-By-Sea, BN43 has a total of 168 addresses. According to our analysis of all the public data, 161, Greenacres, Shoreham-By-Sea is the 76th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in BN43.
161, Greenacres, Shoreham-By-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 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 161, Greenacres, Shoreham-By-Sea is Shoreham-by-Sea station which is 700 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 161, Greenacres, Shoreham-By-Sea, 61.0% of property is privately owned outright and 31.7% is privately owned with a mortgage.
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 161, Greenacres, Shoreham-By-Sea, 22.3% of residents are recorded as possessing school level qualifications and 45.1% 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 161, Greenacres, Shoreham-By-Sea, the average age was 44.2 and the most common age was 72.
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 161, Greenacres, Shoreham-By-Sea, 0.9% 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 161, Greenacres, 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.