57M, Wallace Avenue
57M, Wallace Avenue
Description & Estimates
57M, Wallace Avenue, Worthing is recorded publicly as a mid-century Leasehold apartment across 344 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of 57M, Wallace Avenue, Worthing is £128,910 and its rental estimate is £870 per month, given the available information and assuming reasonable condition.
57, Wallace Avenue is a residential building on Wallace Avenue, Worthing, BN11 and falls within the BN11 postal district and the borough of Worthing.
Our Data Sources
57M, Wallace Avenue, Worthing has 2 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated January 2022.
We combine this information with that 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 57M, Wallace Avenue, Worthing, we estimate a market value of £135,355 and a rental value of £914 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £119,886 and £809 per month respectively.
Recent Market Change
Over the last year, 57M, Wallace Avenue, Worthing has seen its estimated sale value decrease by £449 (0.3%) and its estimated rental value grow by £22 per month (2.5%). This results in an estimated gross rental yield of 8.1%.
Energy Efficiency
57M, Wallace Avenue, Worthing has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 57M, Wallace Avenue, Worthing completed on 4th June 2024 at £152,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 15.5% over the period since June 2024.
- Sold Jun 2024£152,500
- Sold Aug 2022£145,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 57M, Wallace Avenue, Worthing have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th January 2022, was 59Y, Wallace Avenue, Worthing, BN11 5QD, a leasehold flat which sold for £140,000.
Read more about house prices in BN11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 191 addresses on Wallace Avenue, Worthing, BN11, 57M, Wallace Avenue, Worthing comes out as the 186th largest and the 186th most expensive in our analysis of the public data.
It is also £181k less expensive than the average property across the BN11 district.
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Schools Nearby
- 500mElm Grove Primary School, Worthing
- 1.2kmWest Park CofE Primary (Controlled) School
- 1.5kmHeene CofE Primary School
- 1.8kmDurrington High School
- 1.9kmWorthing High School
- 2.3kmBohunt School Worthing
More reading links
Public Transport Nearby
From 57M, Wallace Avenue, Worthing, the nearest station is West Worthing, 900 metres away.
- 900mWest Worthing
- 1.0kmDurrington-on-Sea
- 1.8kmWorthing
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.
