According to the public record, 5, Mill Hill Drive, Shoreham-By-Sea is a mid-century freehold house with 947 ft2 of internal area and sits on a 483 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Hill Drive, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
5, Mill Hill Drive, Shoreham-By-Sea has 2 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated August 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 Mill Hill Drive Shoreham-By-Sea as £445,278 and the rental value as £1,973 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 5 Mill Hill Drive Shoreham-By-Sea has increased by £1,407 (0.3%) and its rental value has increased by £105 per month (5.3%).
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, Mill Hill Drive, Shoreham-By-Sea is in very good condition we estimate a sale value of £467,542 and rental value of £2,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,109 and a rental value of £1,835 per month.
If you were able to purchase this property for the estimated value of £445,278, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,188 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, Mill Hill Drive, Shoreham-By-Sea sits on a plot of 483m2.
We have plot size data on 7 out of 17 other houses in the postcode and 5, Mill Hill Drive, Shoreham-By-Sea sits on the 3rd largest plot.
According to HM Land Registry, 5, Mill Hill Drive, Shoreham-By-Sea was last sold on 01 Jul 2016 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mill Hill Drive, Shoreham-By-Sea within a radius of 790 metres over the last 2 years.
The most recent example is 11, Mill Hill Gardens, Shoreham-By-Sea, BN43 5TN, a Freehold house which sold for £475,000 in Jun 2024.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Hill Drive, Shoreham-By-Sea, BN43 has a total of 36 addresses. According to our analysis of all the public data, 5, Mill Hill Drive, Shoreham-By-Sea is the 31st largest and the 34th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in BN43.
5, Mill Hill Drive, Shoreham-By-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 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, Mill Hill Drive, Shoreham-By-Sea is Shoreham-by-Sea 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 5, Mill Hill Drive, Shoreham-By-Sea, 46.7% of property is privately owned outright and 41.7% 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 5, Mill Hill Drive, Shoreham-By-Sea, 14.5% of residents are recorded as possessing school level qualifications and 35.7% 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 5, Mill Hill Drive, 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 5, Mill Hill Drive, 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 5, Mill Hill Drive, Shoreham-By-Sea, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.