According to the public record, 21, Broad Reach, Shoreham-By-Sea is a modern leasehold apartment with 965 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Broad Reach, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
21, Broad Reach, Shoreham-By-Sea has 41 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated January 2011.
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 21 Broad Reach Shoreham-By-Sea as £488,206 and the rental value as £1,850 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 21 Broad Reach Shoreham-By-Sea has increased by £9,086 (1.9%) and its rental value has increased by £127 per month (6.9%).
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 21, Broad Reach, Shoreham-By-Sea is in very good condition we estimate a sale value of £512,616 and rental value of £1,942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,032 and a rental value of £1,720 per month.
If you were able to purchase this property for the estimated value of £488,206, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,399 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, 21, Broad Reach, Shoreham-By-Sea was last sold on 25 Sep 2017 for £430,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2017, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Broad Reach, Shoreham-By-Sea within a radius of 610 metres over the last 2 years.
The most recent example is Flat 6, Bowline Point, Broad Reach, Shoreham-By-Sea, BN43 5ED, a Leasehold flat which sold for £433,500 in Mar 2023.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Reach, Shoreham-By-Sea, BN43 has a total of 44 addresses. According to our analysis of all the public data, 21, Broad Reach, Shoreham-By-Sea is the 28th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in BN43.
21, Broad Reach, Shoreham-By-Sea has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jan 2011.
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 21, Broad Reach, Shoreham-By-Sea is Shoreham-by-Sea station which is 600 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 21, Broad Reach, Shoreham-By-Sea, 46.7% of property is privately owned outright and 27.2% 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 21, Broad Reach, Shoreham-By-Sea, 6.1% of residents are recorded as possessing school level qualifications and 28.4% 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 21, Broad Reach, 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 21, Broad Reach, Shoreham-By-Sea, 4.4% 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 21, Broad Reach, Shoreham-By-Sea, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.