According to the public record, Ground Floor Flat, 80, Hammy Lane, Shoreham-By-Sea is a mid-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 80, Hammy Lane, Shoreham-By-Sea, BN43.
Hammy Lane, Shoreham-By-Sea, BN43 is located in the borough of Adur within the BN43 postal district.
Ground Floor Flat, 80, Hammy Lane, Shoreham-By-Sea has a single entry in the Land Registry database from March 2008 and a single entry in the EPC database dated October 2018.
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 Ground Floor Flat 80 Hammy Lane Shoreham-By-Sea as £303,410 and the rental value as £1,213 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Ground Floor Flat 80 Hammy Lane Shoreham-By-Sea has increased by £2,376 (0.8%) and its rental value has increased by £71 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 Ground Floor Flat, 80, Hammy Lane, Shoreham-By-Sea is in very good condition we estimate a sale value of £318,581 and rental value of £1,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,171 and a rental value of £1,128 per month.
If you were able to purchase this property for the estimated value of £303,410, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,491 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, Ground Floor Flat, 80, Hammy Lane, Shoreham-By-Sea was last sold on 14 Mar 2008 for £195,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 53.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ground Floor Flat, 80, Hammy Lane, Shoreham-By-Sea within a radius of 470 metres over the last 2 years.
The most recent example is Flat 2, Lyndhurst House 8, Monarch Way, Shoreham-By-Sea, BN43 6DL, a Leasehold flat which sold for £295,000 in Nov 2023.
Read more about house prices in BN43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hammy Lane, Shoreham-By-Sea, BN43 has a total of 87 addresses. According to our analysis of all the public data, Ground Floor Flat, 80, Hammy Lane, Shoreham-By-Sea is the 73rd largest and the 86th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in BN43.
Ground Floor Flat, 80, Hammy Lane, Shoreham-By-Sea has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2018.
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 Ground Floor Flat, 80, Hammy Lane, Shoreham-By-Sea is Shoreham-by-Sea station which is 1.3 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 Ground Floor Flat, 80, Hammy Lane, 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 Ground Floor Flat, 80, Hammy Lane, 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 Ground Floor Flat, 80, Hammy Lane, 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 Ground Floor Flat, 80, Hammy Lane, 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 Ground Floor Flat, 80, Hammy Lane, 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.