According to the public record, Flat 12, Lyndhurst House 8, Shoreham-By-Sea is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lyndhurst House, Monarch Way, Shoreham-By-Sea, BN43.
Monarch Way, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
Flat 12, Lyndhurst House 8, Shoreham-By-Sea has 2 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated October 2017.
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 12 Lyndhurst House 8 Shoreham-By-Sea as £248,001 and the rental value as £1,120 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 12 Lyndhurst House 8 Shoreham-By-Sea has increased by £1,942 (0.8%) and its rental value has increased by £66 per month (5.9%).
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 12, Lyndhurst House 8, Shoreham-By-Sea is in very good condition we estimate a sale value of £260,401 and rental value of £1,176 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,641 and a rental value of £1,042 per month.
If you were able to purchase this property for the estimated value of £248,001, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,219 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 12, Lyndhurst House 8, Shoreham-By-Sea was last sold on 28 Jan 2020 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2020, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Lyndhurst House 8, Shoreham-By-Sea within a radius of 550 metres over the last 2 years.
The most recent example is Flat 6, East Lodge 199, Upper Shoreham Road, Shoreham-By-Sea, BN43 6BT, a Leasehold flat which sold for £250,000 in Oct 2023.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monarch Way, Shoreham-By-Sea, BN43 has a total of 27 addresses. According to our analysis of all the public data, Flat 12, Lyndhurst House 8, Shoreham-By-Sea is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in BN43.
Flat 12, Lyndhurst House 8, Shoreham-By-Sea has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 12, Lyndhurst House 8, 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 Flat 12, Lyndhurst House 8, Shoreham-By-Sea, 40.6% of property is privately owned with a mortgage and 36.2% 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 Flat 12, Lyndhurst House 8, Shoreham-By-Sea, 17.5% of residents are recorded as possessing school level qualifications and 33.4% 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 Flat 12, Lyndhurst House 8, 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 Flat 12, Lyndhurst House 8, 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 12, Lyndhurst House 8, Shoreham-By-Sea, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.