According to the public record, 36, Rainbow Square, Shoreham-By-Sea is a modern freehold house with 904 ft2 of internal area and sits on a 103 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rainbow Square, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
36, Rainbow Square, Shoreham-By-Sea has 2 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated April 2023.
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 36 Rainbow Square Shoreham-By-Sea as £390,137 and the rental value as £1,820 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 36 Rainbow Square Shoreham-By-Sea has increased by £1,216 (0.3%) and its rental value has increased by £96 per month (5.2%).
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 36, Rainbow Square, Shoreham-By-Sea is in very good condition we estimate a sale value of £409,644 and rental value of £1,911 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,827 and a rental value of £1,693 per month.
If you were able to purchase this property for the estimated value of £390,137, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,917 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, 36, Rainbow Square, Shoreham-By-Sea sits on a plot of 103m2.
We have plot size data on 52 out of 59 other houses in the postcode and 36, Rainbow Square, Shoreham-By-Sea sits on the 38th largest plot.
According to HM Land Registry, 36, Rainbow Square, Shoreham-By-Sea was last sold on 30 May 2024 for £395,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Rainbow Square, Shoreham-By-Sea within a radius of 550 metres over the last 2 years.
The most recent example is 38, Longshore Drive, Shoreham-By-Sea, BN43 6DJ, a Freehold house which sold for £430,000 in Sep 2022.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Square, Shoreham-By-Sea, BN43 has a total of 64 addresses. According to our analysis of all the public data, 36, Rainbow Square, Shoreham-By-Sea is the 44th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in BN43.
36, Rainbow Square, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2023.
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 36, Rainbow Square, Shoreham-By-Sea is Shoreham-by-Sea station which is 1.0 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 36, Rainbow Square, Shoreham-By-Sea, 31.2% of property is socially rented and 25.4% is privately owned outright.
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 36, Rainbow Square, Shoreham-By-Sea, 25.0% of residents are recorded as possessing school level qualifications and 25.1% 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 36, Rainbow Square, 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 36, Rainbow Square, 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 36, Rainbow Square, 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.