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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Oaklands, Worthing is a modern leasehold apartment with 908 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Oaklands, Worthing is £402,068 and the estimated rental value is £1,610 per month.
Oaklands, Ferring, Worthing, BN12 is located in the borough of Arun within the BN12 postal district.
7, Oaklands, Worthing has a single entry in the Land Registry from August 2010 and a single entry in the EPC database dated August 2009.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Oaklands, Worthing is in very good condition we estimate a sale value of £422,172 and a rental value of £1,691 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,923 and a rental value of £1,497 per month.
Over the last 12 months the sale value of 7 Oaklands Worthing has increased by an estimated £878 (0.2%) and its rental value has increased by an estimated £56 per month (3.5%), giving an expected gross yield of 4.8%.
7, Oaklands, Worthing has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Aug 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Oaklands, Worthing was last sold on 25th August 2010 for £285,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2010, the market for similar properties has risen 55.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Oaklands, Worthing within a radius of 760 metres over the last 2 years.
The most recent example is 6, Oaklands, Worthing, BN12 5GE, a leasehold flat which sold for £375,000 on the 29th September 2020.
Read more about house prices in BN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaklands, Ferring, Worthing, BN12 has a total of 7 addresses. According to our analysis of all the public data, 7, Oaklands, Worthing is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in BN12.
The closest station to 7, Oaklands, Worthing is Goring-by-Sea station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Oaklands, Worthing, 67.4% of property is privately owned outright and 21.7% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Oaklands, Worthing, 6.9% of residents are recorded as possessing school level qualifications and 33.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Oaklands, Worthing, the average age was 56.5 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Oaklands, Worthing, 1.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Oaklands, Worthing, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
