According to the public record, 5, Broad Reach, Shoreham-By-Sea is a modern freehold house with 1,625 ft2 of internal area and sits on a 75.2 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Broad Reach, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
5, Broad Reach, Shoreham-By-Sea has 2 entries in the Land Registry database, most recently in April 2015 and a single entry in the EPC database dated October 2014.
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 Broad Reach Shoreham-By-Sea as £589,236 and the rental value as £2,558 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 5 Broad Reach Shoreham-By-Sea has increased by £589 (0.1%) and its rental value has increased by £129 per month (5.0%).
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, Broad Reach, Shoreham-By-Sea is in very good condition we estimate a sale value of £618,698 and rental value of £2,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,989 and a rental value of £2,379 per month.
If you were able to purchase this property for the estimated value of £589,236, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,896 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, Broad Reach, Shoreham-By-Sea sits on a plot of 75m2.
We have plot size data on 21 out of 27 other houses in the postcode and 5, Broad Reach, Shoreham-By-Sea sits on the 13th largest plot.
According to HM Land Registry, 5, Broad Reach, Shoreham-By-Sea was last sold on 08 Apr 2015 for £425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2015, the market for similar properties has risen 32.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Broad Reach, Shoreham-By-Sea within a radius of 600 metres over the last 2 years.
The most recent example is 4, Ropetackle, Shoreham-By-Sea, BN43 5DZ, a Freehold house which sold for £550,000 in Nov 2023.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broad Reach, Shoreham-By-Sea, BN43 has a total of 44 addresses. According to our analysis of all the public data, 5, Broad Reach, Shoreham-By-Sea is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in BN43.
5, Broad Reach, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2014.
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, Broad Reach, Shoreham-By-Sea is Shoreham-by-Sea station which is 600 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, Broad Reach, Shoreham-By-Sea, 46.7% of property is privately owned outright and 27.2% 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 5, Broad Reach, Shoreham-By-Sea, 6.1% of residents are recorded as possessing school level qualifications and 28.4% 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, Broad Reach, 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, Broad Reach, Shoreham-By-Sea, 4.4% 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, Broad Reach, 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.