Flat 2A, Spells Yard 1
Flat 2A, Spells Yard 1
Description & Estimates
Public records show Flat 2A, Spells Yard 1, Worthing to be a modern leasehold apartment with 1,001 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 2A, Spells Yard 1, Worthing has an estimated sale value of £294,830 and an estimated rental value of £1,327 per month, assuming reasonable condition and based on the information available.
The apartment sits within Spells Yard, Grafton Place, Worthing, BN11.
Grafton Place, Worthing, BN11 lies in the borough of Worthing, within the BN11 postal district.
Our Data Sources
Flat 2A, Spells Yard 1, Worthing has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated November 2014.
We combine this information with that 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
In very good condition, we estimate Flat 2A, Spells Yard 1, Worthing would be worth £309,571, with a potential rental value of £1,393 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £274,192, with a rental value of £1,234 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2A, Spells Yard 1, Worthing has increased by £122 (0.0%) over the last year. During the same period, its estimated monthly rental value has grown by £41 (3.1%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
Flat 2A, 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.
Sold Prices
Flat 2A, Spells Yard 1, Worthing last changed hands on 16th September 2022, selling for £265,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 4.8% since September 2022.
- Sold Sep 2022£265,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Flat 2A, Spells Yard 1, Worthing across the last 2 years.
Most recently, Flat 1, 23A, South Street, Worthing, BN11 3AW, a leasehold flat, sold at £290,000 on the 27th February 2023.
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 Nov 2022£295,000 | 3 Bed Flat19A, South StreetFlat 1, 19A, South Street, Worthing, BN11 3AW
- 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
Our analysis of the public data ranks Flat 2A, Spells Yard 1, Worthing as the 2nd largest and the 2nd most expensive of the 11 addresses on Grafton Place, Worthing, BN11.
Against the BN11 postcode district average, it is £15k less expensive than the typical property.
More reading links
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
Worthing station is the nearest stop to Flat 2A, Spells Yard 1, Worthing at 700 metres away.
- 700mWorthing
- 1.5kmWest Worthing
- 1.7kmEast Worthing
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
