1, River Close
1, River Close
Description & Estimates
1, River Close, Shoreham-By-Sea is recorded publicly as an early-century freehold house across 1,216 ft2 of internal area, sitting on a 589 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, River Close, Shoreham-By-Sea is £453,910 and its rental estimate is £2,085 per month, given the available information and assuming reasonable condition.
River Close, Shoreham-By-Sea, BN43 falls within the BN43 postal district, in the borough of Adur.
Our Data Sources
1, River Close, Shoreham-By-Sea has 21 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, River Close, Shoreham-By-Sea, we estimate a market value of £476,605 and a rental value of £2,189 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £422,136 and £1,939 per month respectively.
Recent Market Change
Over the last year, 1, River Close, Shoreham-By-Sea has seen its estimated sale value fall by £22,161 (4.9%) and its estimated rental value move up by £42 per month (2.0%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 1, River Close, Shoreham-By-Sea as measuring 589 m2.
That makes it the largest plot in the postcode, where 21 of the 22 other houses have recorded plot data.
Energy Efficiency
1, River Close, Shoreham-By-Sea has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, River Close, Shoreham-By-Sea completed on 20th March 2020 at £410,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 5.7% over the period since March 2020.
- Sold Mar 2020£410,000
- Sold Jul 1995£79,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, River Close, Shoreham-By-Sea have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th September 2022, was 6, Benbow Close, Shoreham-By-Sea, BN43 5RY, a freehold house which sold for £475,000.
Read more about house prices in BN43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 22 addresses on River Close, Shoreham-By-Sea, BN43, 1, River Close, Shoreham-By-Sea comes out as the 7th largest and the 20th most expensive in our analysis of the public data.
It is also £19k more expensive than the average property across the BN43 district.
More reading links
Schools Nearby
- 800mSwiss Gardens Primary School
- 800mShoreham Beach Primary School
- 1.2kmBuckingham Park Primary School
- 2.5kmShoreham Academy
- 3.8kmThe Sir Robert Woodard Academy
- 4.4kmPortslade Aldridge Community Academy
More reading links
Public Transport Nearby
From 1, River Close, Shoreham-By-Sea, the nearest station is Shoreham-by-Sea, 800 metres away.
- 800mShoreham-by-Sea
- 2.9kmSouthwick
- 3.2kmLancing
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
