Southlands Way, Shoreham-by-Sea, BN43

Street Guide For Southlands Way, Shoreham-by-Sea, BN43

 

Southlands Way, Shoreham-by-Sea, BN43 Map

Estimated Price: £357,208
Average Asking Price: £454,264
Price change in last one year: £23,726
Average Price Paid: £219,675
Average Rent Rates: £2,337

 

Property Prices Breakdown in Southlands Way, Shoreham-by-Sea, BN43

Average Price for property in Southlands Way, Shoreham-by-Sea, BN43 is around £357,208 which varies based on type of property you are interested in and ranges from £367,460 for terraced house to around £264,934 for a flat. Values have been changing and have risen £1,677 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,392 in last 6 months, £23,726 in last 1 year, £42,169 in last 2 years, £50,986 in last 3 years, £51,112 in last 4 years and £52,829 in last 5 years.

Currently average asking price of a property in Southlands Way, 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 Southlands Way, Shoreham-by-Sea, BN43 is £357,208. Average asking price is £454,264 while average price paid is £236,814 which is up by £23,726 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 Southlands Way, Shoreham-by-Sea, BN43 area. In last 1 year alone average price buyer paid is around £236,814 based on approximately 7 sales in Southlands Way, Shoreham-by-Sea, BN43 area alone. If you compare it to last 3 years sales of 32 properties where buyers paid around £204,578. 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 £219,675 for 40 and average amount paid for purchase of approx. 40 properties sold in last 7 years comes to about £219,675 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 Southlands Way, 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 Southlands Way, Shoreham-by-Sea, BN43 area.

Popular Houses in Southlands Way, 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 Southlands Way, Shoreham-by-Sea, BN43