According to the public record, 5, Bridges Bank 63, Shoreham-By-Sea is a modern freehold house with 1,291 ft2 of internal area and sits on a 114 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Old Shoreham Road, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
5, Bridges Bank 63, Shoreham-By-Sea has 3 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated December 2020.
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 5 Bridges Bank 63 Shoreham-By-Sea as £1,134,062 and the rental value as £4,051 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 5 Bridges Bank 63 Shoreham-By-Sea has decreased by £1,785 (0.2%) and its rental value has increased by £196 per month (4.8%).
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 5, Bridges Bank 63, Shoreham-By-Sea is in very good condition we estimate a sale value of £1,190,765 and rental value of £4,254 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,054,678 and a rental value of £3,768 per month.
If you were able to purchase this property for the estimated value of £1,134,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,574 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, 5, Bridges Bank 63, Shoreham-By-Sea sits on a plot of 114m2.
We have plot size data on 39 out of 56 other houses in the postcode and 5, Bridges Bank 63, Shoreham-By-Sea sits on the 24th largest plot.
According to HM Land Registry, 5, Bridges Bank 63, Shoreham-By-Sea was last sold on 26 May 2021 for £504,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Bridges Bank 63, Shoreham-By-Sea within a radius of 590 metres over the last 2 years.
The most recent example is 2, Bridges Bank 63, Old Shoreham Road, Shoreham-By-Sea, BN43 5TF, a Freehold house which sold for £445,000 in Nov 2016.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Shoreham Road, Shoreham-By-Sea, BN43 has a total of 154 addresses. According to our analysis of all the public data, 5, Bridges Bank 63, Shoreham-By-Sea is the 22nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £682k more expensive than the average property in BN43.
5, Bridges Bank 63, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2020.
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 5, Bridges Bank 63, Shoreham-By-Sea is Shoreham-by-Sea station which is 800 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 5, Bridges Bank 63, Shoreham-By-Sea, 31.3% of property is privately owned with a mortgage and 29.4% 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 5, Bridges Bank 63, Shoreham-By-Sea, 18.6% of residents are recorded as possessing school level qualifications and 36.9% 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 5, Bridges Bank 63, 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 5, Bridges Bank 63, Shoreham-By-Sea, 2.6% 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 5, Bridges Bank 63, 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.