According to the public record, 56, Hammy Lane, Shoreham-By-Sea is a mid-century house with 753 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hammy Lane, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
56, Hammy Lane, Shoreham-By-Sea has no records in the Land Registry database and a single entry in the EPC database dated June 2023.
We combine this information with public data 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 56 Hammy Lane Shoreham-By-Sea as £373,689 and the rental value as £1,731 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 56 Hammy Lane Shoreham-By-Sea has increased by £1,131 (0.3%) and its rental value has increased by £101 per month (5.8%).
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 56, Hammy Lane, Shoreham-By-Sea is in very good condition we estimate a sale value of £392,373 and rental value of £1,817 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,531 and a rental value of £1,610 per month.
If you were able to purchase this property for the estimated value of £373,689, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,837 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Hammy Lane, Shoreham-By-Sea within a radius of 460 metres over the last 2 years.
The most recent example is 63, Hammy Lane, Shoreham-By-Sea, BN43 6GF, a Freehold house which sold for £400,000 in Jan 2022.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hammy Lane, Shoreham-By-Sea, BN43 has a total of 87 addresses. According to our analysis of all the public data, 56, Hammy Lane, Shoreham-By-Sea is the 52nd largest and the 64th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in BN43.
56, Hammy Lane, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2023.
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 56, Hammy Lane, Shoreham-By-Sea is Shoreham-by-Sea station which is 1.2 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 56, Hammy Lane, Shoreham-By-Sea, 38.2% of property is privately owned with a mortgage and 31.4% 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 56, Hammy Lane, Shoreham-By-Sea, 20.2% of residents are recorded as possessing school level qualifications and 27.1% 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 56, Hammy Lane, 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 56, Hammy Lane, 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 56, Hammy Lane, Shoreham-By-Sea, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.