According to the public record, Flat 1, 32A, East Street, Shoreham-By-Sea is a modern leasehold apartment with 424 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 32A, East Street, Shoreham-By-Sea, BN43.
East Street, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
Flat 1, 32A, East Street, Shoreham-By-Sea has a single entry in the Land Registry database from September 2011 and a single entry in the EPC database dated July 2011.
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 Flat 1 32A East Street Shoreham-By-Sea as £184,923 and the rental value as £910 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 1 32A East Street Shoreham-By-Sea has decreased by £840 (0.5%) and its rental value has increased by £41 per month (4.5%).
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 Flat 1, 32A, East Street, Shoreham-By-Sea is in very good condition we estimate a sale value of £194,169 and rental value of £955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,979 and a rental value of £846 per month.
If you were able to purchase this property for the estimated value of £184,923, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £909 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, Flat 1, 32A, East Street, Shoreham-By-Sea was last sold on 26 Sep 2011 for £139,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2011, the market for similar properties has risen 58.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 32A, East Street, Shoreham-By-Sea within a radius of 480 metres over the last 2 years.
The most recent example is Flat 7, 388, Brighton Road, Shoreham-By-Sea, BN43 6RE, a Leasehold flat which sold for £155,000 in Jun 2020.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Street, Shoreham-By-Sea, BN43 has a total of 36 addresses. According to our analysis of all the public data, Flat 1, 32A, East Street, Shoreham-By-Sea is the 36th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £267k less expensive than the average property in BN43.
Flat 1, 32A, East Street, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 32A, East Street, Shoreham-By-Sea is Shoreham-by-Sea station which is 200 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 Flat 1, 32A, East Street, Shoreham-By-Sea, 39.8% of property is socially rented and 37.8% 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 Flat 1, 32A, East Street, Shoreham-By-Sea, 11.6% of residents are recorded as possessing school level qualifications and 34.0% 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 Flat 1, 32A, East Street, 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 Flat 1, 32A, East Street, 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 Flat 1, 32A, East Street, Shoreham-By-Sea, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.