According to the public record, Flat 29, St. Pauls Lodge 2-4, Shoreham-By-Sea is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in St. Pauls Lodge, Southdown Road, Shoreham-By-Sea, BN43.
Southdown Road, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
Flat 29, St. Pauls Lodge 2-4, Shoreham-By-Sea has 41 entries in the Land Registry database, most recently in March 2024 and a single entry in the EPC database dated September 2022.
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 29 St. Pauls Lodge 2-4 Shoreham-By-Sea as £251,077 and the rental value as £1,140 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 29 St. Pauls Lodge 2-4 Shoreham-By-Sea has increased by £1,555 (0.6%) and its rental value has increased by £64 per month (5.6%).
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 29, St. Pauls Lodge 2-4, Shoreham-By-Sea is in very good condition we estimate a sale value of £263,631 and rental value of £1,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,501 and a rental value of £1,061 per month.
If you were able to purchase this property for the estimated value of £251,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,234 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 29, St. Pauls Lodge 2-4, Shoreham-By-Sea was last sold on 12 Mar 2024 for £224,430 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2024, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, St. Pauls Lodge 2-4, Shoreham-By-Sea within a radius of 440 metres over the last 2 years.
The most recent example is Flat 40, St. Pauls Lodge 2-4, Southdown Road, Shoreham-By-Sea, BN43 5AN, a Leasehold flat which sold for £245,000 in Dec 2022.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southdown Road, Shoreham-By-Sea, BN43 has a total of 121 addresses. According to our analysis of all the public data, Flat 29, St. Pauls Lodge 2-4, Shoreham-By-Sea is the 94th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in BN43.
Flat 29, St. Pauls Lodge 2-4, Shoreham-By-Sea has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 29, St. Pauls Lodge 2-4, Shoreham-By-Sea is Shoreham-by-Sea station which is 300 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 29, St. Pauls Lodge 2-4, Shoreham-By-Sea, 66.2% of property is privately owned outright and 26.5% 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 Flat 29, St. Pauls Lodge 2-4, Shoreham-By-Sea, 14.5% of residents are recorded as possessing school level qualifications and 46.9% 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 29, St. Pauls Lodge 2-4, 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 29, St. Pauls Lodge 2-4, 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 29, St. Pauls Lodge 2-4, Shoreham-By-Sea, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.