Downside, Shoreham-by-Sea, BN43

Street Guide For Downside, Shoreham-by-Sea, BN43

 

Downside, Shoreham-by-Sea, BN43 Map

Estimated Price: £348,755
Average Asking Price: £454,264
Price change in last one year: £23,952
Average Price Paid: £290,879
Average Rent Rates: £2,337

 

Property Prices Breakdown in Downside, Shoreham-by-Sea, BN43

Average Price for property in Downside, Shoreham-by-Sea, BN43 is around £348,755 which varies based on type of property you are interested in and ranges from £380,691 for detached house to around £320,603 for semi-detached. Similarly terraced house is around £360,712. Values have been changing and have risen £1,693 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,434 in last 6 months, £23,952 in last 1 year, £42,573 in last 2 years, £51,474 in last 3 years, £51,600 in last 4 years and £53,335 in last 5 years.

Currently average asking price of a property in Downside, Shoreham-by-Sea, BN43 is around £454,264 based on approximately 1 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 Downside, Shoreham-by-Sea, BN43 is £348,755. Average asking price is £454,264 while average price paid is £270,000 which is up by £23,952 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 Downside, Shoreham-by-Sea, BN43 area. In last 1 year alone average price buyer paid is around £270,000 based on approximately 1 sales in Downside, Shoreham-by-Sea, BN43 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £291,216. 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 £290,879 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £276,952 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £244,992, £409,711 for a 3 bedroom house, £577,554 for a 4 bedroom house and £759,257 for a 5 bedroom house. For a flat similarly the prices varies from £175,783 for a single bedroom to £241,644 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £290,000. To sum up the asking prices for properties in Downside, Shoreham-by-Sea, BN43 it comes to around average £175,783 for 1 bedroom property, £242,983 for 2 bedroom, £403,725 for 3 bedroom, £577,554 for 4 bedroom and £759,257 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £936 for 2 bedroom to £1,481 for 3 bedroom and £1,424 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £949. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £979 and £1,082 for 3 bedroom. You should be generally be expecting around average £949 rent per month for single bedroom property, £968 for 2 bedroom, £1,332 for 3 bedroom and approximately £1,424 for 4 bedroom property in Downside, Shoreham-by-Sea, BN43 area.

Popular Houses in Downside, Shoreham-by-Sea, BN43

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Downside, Shoreham-by-Sea, BN43