According to the public record, 31, New Road, Shoreham-By-Sea is a period freehold house with 828 ft2 of internal area and sits on a 196 m2 plot.
Houses 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.
31, New Road, Shoreham-By-Sea has 51 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated October 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 31 New Road Shoreham-By-Sea as £458,463 and the rental value as £1,857 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 31 New Road Shoreham-By-Sea has increased by £1,428 (0.3%) and its rental value has increased by £98 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 31, New Road, Shoreham-By-Sea is in very good condition we estimate a sale value of £481,386 and rental value of £1,950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,371 and a rental value of £1,727 per month.
If you were able to purchase this property for the estimated value of £458,463, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,253 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, 31, New Road, Shoreham-By-Sea sits on a plot of 196m2.
We have plot size data on 19 out of 22 other houses in the postcode and 31, New Road, Shoreham-By-Sea sits on the 8th largest plot.
According to HM Land Registry, 31, New Road, Shoreham-By-Sea was last sold on 17 Mar 2023 for £450,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Mar 2023, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, New Road, Shoreham-By-Sea within a radius of 490 metres over the last 2 years.
The most recent example is 33, New Road, Shoreham-By-Sea, BN43 6RB, a Freehold house which sold for £275,000 in Mar 2021.
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, 31, New Road, Shoreham-By-Sea is the 40th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £7k more expensive than the average property in BN43.
31, New Road, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 31, New Road, Shoreham-By-Sea is Shoreham-by-Sea station which is 200 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 31, 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 31, 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 31, 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 31, 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 31, 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.