Gordon Road, Shoreham-by-Sea, BN43

Street Guide For Gordon Road, Shoreham-by-Sea, BN43

 

Gordon Road, Shoreham-by-Sea, BN43 Map

Estimated Price: £329,141
Average Asking Price: £454,264
Price change in last one year: £23,295
Average Price Paid: £302,414
Average Rent Rates: £2,337

 

Property Prices Breakdown in Gordon Road, Shoreham-by-Sea, BN43

Average Price for property in Gordon Road, Shoreham-by-Sea, BN43 is around £329,141 which varies based on type of property you are interested in and ranges from £515,329 for detached house to around £375,500 for semi-detached. Similarly terraced house is around £288,005 and a flat is worth £157,778. Values have been changing and have risen £1,646 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,312 in last 6 months, £23,295 in last 1 year, £41,403 in last 2 years, £50,060 in last 3 years, £50,182 in last 4 years and £51,870 in last 5 years.

Currently average asking price of a property in Gordon Road, Shoreham-by-Sea, BN43 is around £454,264 based on approximately 7 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 Gordon Road, Shoreham-by-Sea, BN43 is £329,141. Average asking price is £454,264 while average price paid is £309,457 which is up by £23,295 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 Gordon Road, Shoreham-by-Sea, BN43 area. In last 1 year alone average price buyer paid is around £309,457 based on approximately 7 sales in Gordon Road, Shoreham-by-Sea, BN43 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £306,170. 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 £302,414 for 25 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £293,196 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 Gordon Road, 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 Gordon Road, Shoreham-by-Sea, BN43 area.

Popular Houses in Gordon Road, 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 Gordon Road, Shoreham-by-Sea, BN43