According to the public record, 27, Longcroft, Shoreham-By-Sea is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Longcroft, Southdown Road, Shoreham-By-Sea, BN43.
Southdown Road, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
27, Longcroft, Shoreham-By-Sea has 21 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated May 2019.
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 27 Longcroft Shoreham-By-Sea as £246,480 and the rental value as £1,163 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 27 Longcroft Shoreham-By-Sea has decreased by £3,029 (1.2%) and its rental value has increased by £42 per month (3.6%).
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 27, Longcroft, Shoreham-By-Sea is in very good condition we estimate a sale value of £258,804 and rental value of £1,221 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,226 and a rental value of £1,082 per month.
If you were able to purchase this property for the estimated value of £246,480, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,211 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, 27, Longcroft, Shoreham-By-Sea was last sold on 05 Aug 2022 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Longcroft, Shoreham-By-Sea within a radius of 440 metres over the last 2 years.
The most recent example is 2, Longcroft, Southdown Road, Shoreham-By-Sea, BN43 5AY, a Leasehold flat which sold for £302,500 in Dec 2021.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southdown Road, Shoreham-By-Sea, BN43 has a total of 121 addresses. According to our analysis of all the public data, 27, Longcroft, Shoreham-By-Sea is the 91st largest and the 98th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in BN43.
27, Longcroft, Shoreham-By-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2019.
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 27, Longcroft, Shoreham-By-Sea is Shoreham-by-Sea station which is 400 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 27, Longcroft, Shoreham-By-Sea, 52.8% of property is privately owned outright and 26.8% 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 27, Longcroft, Shoreham-By-Sea, 13.6% of residents are recorded as possessing school level qualifications and 37.3% 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 27, Longcroft, 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 27, Longcroft, Shoreham-By-Sea, 0.4% 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 27, Longcroft, Shoreham-By-Sea, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.