According to the public record, 4 Loney Court, Shoreham-By-Sea is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Loney Court, Wilmot Road, Shoreham-By-Sea, BN43.
Wilmot Road, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
4 Loney Court, Shoreham-By-Sea has 3 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated November 2015.
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 4 Loney Court Shoreham-By-Sea as £226,434 and the rental value as £1,136 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 4 Loney Court Shoreham-By-Sea has increased by £290 (0.1%) and its rental value has increased by £64 per month (5.7%).
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 4 Loney Court, Shoreham-By-Sea is in very good condition we estimate a sale value of £237,755 and rental value of £1,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,583 and a rental value of £1,057 per month.
If you were able to purchase this property for the estimated value of £226,434, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,113 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, 4 Loney Court, Shoreham-By-Sea was last sold on 28 Mar 2018 for £211,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2018, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Loney Court, Shoreham-By-Sea within a radius of 490 metres over the last 2 years.
The most recent example is 1 Osborne Court, Wilmot Road, Shoreham-By-Sea, BN43 6NH, a Leasehold flat which sold for £260,000 in Oct 2022.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmot Road, Shoreham-By-Sea, BN43 has a total of 169 addresses. According to our analysis of all the public data, 4 Loney Court, Shoreham-By-Sea is the 89th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in BN43.
4 Loney Court, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2015.
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 4 Loney Court, Shoreham-By-Sea is Southwick station which is 1.4 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 4 Loney Court, Shoreham-By-Sea, 57.6% of property is socially rented and 16.1% 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 4 Loney Court, Shoreham-By-Sea, 9.8% of residents are recorded as possessing school level qualifications and 19.7% 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 4 Loney Court, Shoreham-By-Sea, the average age was 40.9 and the most common age was 7.
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 4 Loney Court, 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 4 Loney Court, 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.