Rainbow Square, Shoreham by Sea
JA

Rainbow Square, Shoreham by Sea

By Jacobs Steel

£ 450,000

Reviews

3 out of 5 stars

Jacobs Steel says ..

*** Guide Price £450,000 - £500,000*** We are delighted to offer for sale this spacious three bedroom mid terrace family home situated in this popular Shoreham development

Property Oracle says ..

The property located at Rainbow Square, Shoreham by Sea, is a 3-bedroom, 2-bathroom house with a list price of £450,000. The property is situated in the St Mary’s area of Adur, West Sussex. The property appears to be in good condition based on the provided images. The interior is clean and well-maintained, with modern fixtures and fittings. There is evidence of a well-maintained garden, which adds to the overall appeal of the property. The property benefits from a patio area and a shed. The location is positive, with several good schools nearby including St Peter’s Catholic Primary School and Buckingham Park Primary School, both rated ‘Good’ by Ofsted. The property is also conveniently located near Shoreham-by-Sea train station, providing easy access to public transportation. Considering the average price of £520,205 and average price per square foot of £519 in the area, the list price of £450,000 for this 783.31 sqft property seems reasonable, particularly given its good condition and desirable features. However, the lack of sqft data for comparable properties makes a precise price comparison difficult. The smaller size of the property compared to the area average may justify the lower price. Based on the images, the property does not appear to be a period property or in need of renovation. It presents as a modern property.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
7
Bedrooms
3
Bathrooms
2
Sqft (est)
783.31
Lot (est)
921.07

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
524,714.00 £
Increased by 15.54 %
from 454,148.00 £
Est sale value
483,302.27 £
Increased by 48.67 %
from 325,073.65 £
Average area rental value
1,989.00 £/mo
Increased by 4.74 %
from 1,899.00 £/mo
Est letting value
1,566.62 £/mo
Increased by 100.00 %
from 783.31 £/mo
Est rental Yield
4.55 %
Decreased by 9.36 %
from 5.02 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Jacobs Steel created the listing.

Nearby Schools

NameTypeOfstedDistance
St Peter'S Catholic Primary School, Shoreham-By-SeaVoluntary Aided SchoolGood0.38 KM
Kingston Buci Children & Family CentreChildren's Centre0.39 KM
Buckingham Park Primary SchoolCommunity SchoolGood1.15 KM
Shoreham Beach Primary SchoolCommunity SchoolGood1.35 KM
Herons Dale SchoolCommunity Special SchoolGood1.51 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Parkside £ 841,66700.00 KM
Royal George Parade £ 000.00 KM
Middle Road £ 325,00000.00 KM
Middle Road £ 300,00000.00 KM
Chiltern Close £ 400,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Shoreham-By-Sea5277SSE1.39 KM
Southwick5286SWK2.80 KM
Fishersgate5284FSG4.56 KM
Portslade5276PLD6.09 KM
Lancing5275LAC7.08 KM

Nearby Listings

AddressPriceTypeScoreDistance
Rainbow Square Shoreham £ 500,000BUY7 / 100.04 KM
Rainbow Square, Shoreham-by-Sea £ 375,000BUYUnknown0.05 KM
Coral Close, Shoreham-by-Sea £ 400,000BUY6 / 100.07 KM
Amber Close, Shoreham-By-Sea £ 399,950BUY6 / 100.09 KM
Coral Close, Shoreham by Sea £ 280,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
11 Rainbow Square £ 274,9500.05 KM
28 Rainbow Square £ 417,0000.05 KM
24 Rainbow Square £ 396,0000.05 KM
49 Rainbow Square £ 287,5000.05 KM
69 Rainbow Square £ 500,0000.05 KM