According to the public record, 4 Osborne Court, Shoreham-By-Sea is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Osborne 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 Osborne Court, Shoreham-By-Sea has 41 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated July 2018.
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 Osborne Court Shoreham-By-Sea as £225,123 and the rental value as £1,120 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 4 Osborne Court Shoreham-By-Sea has decreased by £4,595 (2.0%) and its rental value has increased by £38 per month (3.4%).
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 Osborne Court, Shoreham-By-Sea is in very good condition we estimate a sale value of £236,380 and rental value of £1,176 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,365 and a rental value of £1,042 per month.
If you were able to purchase this property for the estimated value of £225,123, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,106 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 Osborne Court, Shoreham-By-Sea was last sold on 04 Jun 2021 for £215,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2021, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4 Osborne Court, Shoreham-By-Sea within a radius of 500 metres over the last 2 years.
The most recent example is 44C, Kingston Broadway, Shoreham-By-Sea, BN43 6TE, a Leasehold flat which sold for £217,500 in May 2023.
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 Osborne Court, Shoreham-By-Sea is the 79th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £227k less expensive than the average property in BN43.
4 Osborne Court, Shoreham-By-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 4 Osborne Court, Shoreham-By-Sea is Southwick station which is 1.1 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 Osborne Court, Shoreham-By-Sea, 77.6% of property is socially rented and 10.5% 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 Osborne Court, Shoreham-By-Sea, 19.3% of residents are recorded as possessing school level qualifications and 16.9% 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 Osborne 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 Osborne 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 Osborne 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.