According to the public record, Flat 4, Victoria Court 60, Shoreham-By-Sea is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Victoria Court, Victoria Road, Shoreham-By-Sea, BN43.
Victoria Road, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
Flat 4, Victoria Court 60, Shoreham-By-Sea has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated January 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 4 Victoria Court 60 Shoreham-By-Sea as £284,880 and the rental value as £1,352 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 4 Victoria Court 60 Shoreham-By-Sea has increased by £4,832 (1.7%) and its rental value has increased by £91 per month (6.7%).
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 4, Victoria Court 60, Shoreham-By-Sea is in very good condition we estimate a sale value of £299,124 and rental value of £1,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,938 and a rental value of £1,257 per month.
If you were able to purchase this property for the estimated value of £284,880, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,400 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 4, Victoria Court 60, Shoreham-By-Sea was last sold on 21 Jul 2022 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Victoria Court 60, Shoreham-By-Sea within a radius of 460 metres over the last 2 years.
The most recent example is Flat 11, Victoria Court 60, Victoria Road, Shoreham-By-Sea, BN43 5WS, a Leasehold flat which sold for £320,000 in Dec 2022.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road, Shoreham-By-Sea, BN43 has a total of 112 addresses. According to our analysis of all the public data, Flat 4, Victoria Court 60, Shoreham-By-Sea is the 86th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in BN43.
Flat 4, Victoria Court 60, Shoreham-By-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2022.
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 Flat 4, Victoria Court 60, Shoreham-By-Sea is Shoreham-by-Sea station which is 400 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 4, Victoria Court 60, Shoreham-By-Sea, 47.4% of property is privately owned outright and 31.9% 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 4, Victoria Court 60, Shoreham-By-Sea, 14.7% of residents are recorded as possessing school level qualifications and 43.2% 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 4, Victoria Court 60, 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 4, Victoria Court 60, Shoreham-By-Sea, 0.3% 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 4, Victoria Court 60, 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.