Average Price for property in Broad Reach, Shoreham-by-Sea, BN43 is around £467,887 which varies based on type of property you are interested in and ranges from £622,650 for detached house to around £432,602 for semi-detached. Similarly terraced house is around £482,004 and a flat is worth £340,999. Values have been changing and have risen £2,347 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,145 in last 6 months, £33,199 in last 1 year, £59,007 in last 2 years, £71,345 in last 3 years, £71,517 in last 4 years and £73,920 in last 5 years.
Currently average asking price of a property in Broad Reach, Shoreham-by-Sea, BN43 is around £454,264 based on approximately 4 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £2,337 per month.
Estimated property value in Broad Reach, Shoreham-by-Sea, BN43 is £467,887. Average asking price is £454,264 while average price paid is £409,987 which is up by £33,199 and Avg. asking rent £2,337.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Broad Reach, Shoreham-by-Sea, BN43 area. In last 1 year alone average price buyer paid is around £409,987 based on approximately 4 sales in Broad Reach, Shoreham-by-Sea, BN43 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £407,771. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £407,771 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £396,800 per sale.