According to the public record, 2, St. Nicolas Lane, Shoreham-By-Sea is a modern freehold house with 1,410 ft2 of internal area and sits on a 278 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
St. Nicolas Lane, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
2, St. Nicolas Lane, Shoreham-By-Sea has 31 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated June 2017.
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 2 St. Nicolas Lane Shoreham-By-Sea as £735,741 and the rental value as £2,628 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 St. Nicolas Lane Shoreham-By-Sea has decreased by £1,158 (0.2%) and its rental value has increased by £127 per month (4.8%).
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 2, St. Nicolas Lane, Shoreham-By-Sea is in very good condition we estimate a sale value of £772,528 and rental value of £2,760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £684,240 and a rental value of £2,444 per month.
If you were able to purchase this property for the estimated value of £735,741, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,616 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, 2, St. Nicolas Lane, Shoreham-By-Sea sits on a plot of 278m2.
We have plot size data on 6 out of 13 other houses in the postcode and 2, St. Nicolas Lane, Shoreham-By-Sea sits on the 3rd largest plot.
According to HM Land Registry, 2, St. Nicolas Lane, Shoreham-By-Sea was last sold on 06 Sep 2018 for £600,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2018, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, St. Nicolas Lane, Shoreham-By-Sea within a radius of 790 metres over the last 2 years.
The most recent example is 417, Upper Shoreham Road, Shoreham-By-Sea, BN43 5NF, a Freehold house which sold for £760,000 in Feb 2023.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Nicolas Lane, Shoreham-By-Sea, BN43 has a total of 40 addresses. According to our analysis of all the public data, 2, St. Nicolas Lane, Shoreham-By-Sea is the 9th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £284k more expensive than the average property in BN43.
2, St. Nicolas Lane, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2017.
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 2, St. Nicolas Lane, 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 2, St. Nicolas Lane, Shoreham-By-Sea, 57.2% of property is privately owned outright and 35.9% 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 2, St. Nicolas Lane, Shoreham-By-Sea, 17.3% of residents are recorded as possessing school level qualifications and 46.6% 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 2, St. Nicolas Lane, 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 2, St. Nicolas Lane, Shoreham-By-Sea, 0.5% 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 2, St. Nicolas Lane, Shoreham-By-Sea, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.