Flat 3, 62
Flat 3, 62
Description & Estimates
Flat 3, 62, Ferring Street, Worthing is described in the public record as a period apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 62, Ferring Street, Worthing is £181,614 and its rental estimate is £1,085 per month, given the available information and assuming reasonable condition.
62, Ferring Street is a residential building on Ferring Street, Ferring, Worthing, BN12 and falls within the BN12 postal district and the borough of Arun.
Our Data Sources
Flat 3, 62, Ferring Street, Worthing has no records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 3, 62, Ferring Street, Worthing, we estimate a market value of £190,695 and a rental value of £1,139 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,901 and £1,009 per month respectively.
Recent Market Change
Over the last year, Flat 3, 62, Ferring Street, Worthing has seen its estimated sale value decline by £33 (0.0%) and its estimated rental value climb by £35 per month (3.2%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 3, 62, Ferring Street, Worthing has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 3, 62, Ferring Street, Worthing have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th January 2008, was 1, Grange Court, Worthing, BN12 5HT, a leasehold flat which sold for £114,000.
Read more about house prices in BN12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 70 addresses on Ferring Street, Ferring, Worthing, BN12, Flat 3, 62, Ferring Street, Worthing comes out as the 59th largest and the 63rd most expensive in our analysis of the public data.
It is also £262k less expensive than the average property across the BN12 district.
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Schools Nearby
- 300mFerring C of E Primary School
- 1.8kmGoring-By-Sea CofE (Aided) Primary School
- 2.1kmThe Laurels Primary School, Worthing
- 900mSt Oscar Romero Catholic School
- 2.7kmThe Angmering School
- 3.1kmDurrington High School
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Public Transport Nearby
From Flat 3, 62, Ferring Street, Worthing, the nearest station is Goring-by-Sea, 1.0 kilometres away.
- 1.0kmGoring-by-Sea
- 2.5kmDurrington-on-Sea
- 3.0kmAngmering
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.
