According to the public record, 8, Colvill Avenue, Shoreham-By-Sea is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 556 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Colvill Avenue, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
8, Colvill Avenue, Shoreham-By-Sea has a single entry in the Land Registry database from February 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Colvill Avenue Shoreham-By-Sea as £287,388 and the rental value as £1,433 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 8 Colvill Avenue Shoreham-By-Sea has increased by £365 (0.1%) and its rental value has increased by £74 per month (5.1%).
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 8, Colvill Avenue, Shoreham-By-Sea is in very good condition we estimate a sale value of £301,757 and rental value of £1,505 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,271 and a rental value of £1,333 per month.
If you were able to purchase this property for the estimated value of £287,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,412 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, 8, Colvill Avenue, Shoreham-By-Sea was last sold on 05 Feb 2016 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2016, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Colvill Avenue, Shoreham-By-Sea within a radius of 760 metres over the last 2 years.
The most recent example is 49, West Street, Shoreham-By-Sea, BN43 5WF, a Freehold house which sold for £289,950 in Aug 2017.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colvill Avenue, Shoreham-By-Sea, BN43 has a total of 17 addresses. According to our analysis of all the public data, 8, Colvill Avenue, Shoreham-By-Sea is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in BN43.
The closest station to 8, Colvill Avenue, Shoreham-By-Sea is Shoreham-by-Sea station which is 1.0 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 8, Colvill Avenue, Shoreham-By-Sea, 39.0% of property is privately owned outright and 28.4% 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 8, Colvill Avenue, Shoreham-By-Sea, 14.9% of residents are recorded as possessing school level qualifications and 26.8% 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 8, Colvill Avenue, 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 8, Colvill Avenue, 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 8, Colvill Avenue, 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.