Average Price for property in New Road, Shoreham-by-Sea, BN43 is around £238,856 which varies based on type of property you are interested in and ranges from £331,495 for detached house to around £393,551 for semi-detached. Similarly terraced house is around £319,558 and a flat is worth £174,344. Values have been changing and have risen £1,191 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,117 in last 6 months, £16,834 in last 1 year, £29,919 in last 2 years, £36,177 in last 3 years, £36,267 in last 4 years and £37,489 in last 5 years.
Currently average asking price of a property in New Road, Shoreham-by-Sea, BN43 is around £454,264 based on approximately 2 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 New Road, Shoreham-by-Sea, BN43 is £238,856. Average asking price is £454,264 while average price paid is £196,250 which is up by £16,834 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 New Road, Shoreham-by-Sea, BN43 area. In last 1 year alone average price buyer paid is around £196,250 based on approximately 2 sales in New Road, Shoreham-by-Sea, BN43 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £233,338. 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 £237,310 for 19 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £228,433 per sale.