Flat 2, Spells Yard 1
Flat 2, Spells Yard 1
Description & Estimates
Flat 2, Spells Yard 1, Worthing is described in the public record as a modern apartment with 1,001 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 2, Spells Yard 1, Worthing is £294,830 and its rental estimate is £1,327 per month, given the available information and assuming reasonable condition.
Spells Yard, Grafton Place is a residential building on Grafton Place, Worthing, BN11 and falls within the BN11 postal district and the borough of Worthing.
Our Data Sources
Flat 2, Spells Yard 1, Worthing has no records in the the Land Registry and a single entry in the EPC database dated November 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Flat 2, Spells Yard 1, Worthing, we estimate a market value of £309,571 and a rental value of £1,393 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £274,192 and £1,234 per month respectively.
Recent Market Change
Over the last year, Flat 2, Spells Yard 1, Worthing has seen its estimated sale value climb by £122 (0.0%) and its estimated rental value rise by £41 per month (3.1%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Flat 2, Spells Yard 1, Worthing has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Nov 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Spells Yard 1, Worthing have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th February 2023, was Flat 1, 23A, South Street, Worthing, BN11 3AW, a leasehold flat which sold for £290,000.
Read more about house prices in BN11.
- Sold Feb 2023£290,000 | 3 Bed Flat23A, South StreetFlat 1, 23A, South Street, Worthing, BN11 3AW
- Sold Sep 2022£265,000 | 3 Bed FlatSpells Yard 1, Grafton PlaceFlat 2A, Spells Yard 1, Grafton Place, Worthing, BN11 1AR
- Sold Mar 2020£320,000 | 3 Bed FlatChristchurch Hall Apartments 78, Portland Road1, Christchurch Hall Apartments 78, Portland Road, Worthing, BN11 1QG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Grafton Place, Worthing, BN11, Flat 2, Spells Yard 1, Worthing comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £15k less expensive than the average property across the BN11 district.
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Schools Nearby
- 500mSt Mary's Catholic Primary School
- 600mHeene CofE Primary School
- 1.1kmHomefield Primary School and SSC
- 1.2kmSt Andrew's CofE High School
- 1.3kmWorthing High School
- 1.4kmBohunt School Worthing
More reading links
Public Transport Nearby
From Flat 2, Spells Yard 1, Worthing, the nearest station is Worthing, 700 metres away.
- 700mWorthing
- 1.5kmWest Worthing
- 1.7kmEast Worthing
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 very low, based on Environment Agency data.
