Selling your Home Blog

The Shifting Shoreham-by-Sea Property Market

21st June 2022

The rate of house price growth has started to ease with a reduction in the number of properties that will sell in Shoreham-by-Sea in the coming 12 to 18 months. Yet, rising interest rates and the cost-of-living issues won't knock everybody out of the property market and there shouldn't be a housing bubble for two vital reasons. The Shoreham-by-Sea property market is… Read More

Shoreham-by-Sea Homeownership Rockets by 1,235 Homes in the Last 5 Years

26th April 2022

The Shoreham-by-Sea housing market over the last five years has behaved oddly. Shoreham-by-Sea house prices are 23.4% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. Yet, a less observed trend is that the net number of homeowners in Shoreham-by-Sea has risen by 1,235 households,… Read More

49% Reduction in Shoreham Council Houses in the Last 40 years

19th April 2022

In 1981, 19.2% of properties in Shoreham (and the Adur District as a whole) were council houses. Today, that figure stands at 9.8%, a proportional drop of 49%. Why has the number of council houses dropped so much in those 40 years? How has that changed the dynamics of the Shoreham property market in those 40 years? The ability of local authorities to build council houses… Read More

Why Does it Take 123 Days to Get the Keys When You Buy a Shoreham-by-Sea House?

13th April 2022

267 properties have sold in the Shoreham-by-Sea area in the last 12 months. It only takes 49 days to sell a Shoreham-by-Sea home, so why does it take 123 days from the sold board going up to the buyer getting the keys? With a shortage of solicitors and a sub-standard conveyancing system, this article discusses what Shoreham-by-Sea house sellers (and buyers) can do to… Read More

1 in 4 Shoreham-by-Sea Homeowners Unable to Sell

13th April 2022

The average time to find a buyer for a Shoreham-by-Sea property reduced from 66 days in 2020 to 49 days in 2021. Yet still, just under 1 in 4 Shoreham-by-Sea homeowners are on the market after 12 weeks. Why are so many Shoreham-by-Sea homes still on the market after all that time, and what does it mean for the Shoreham-by-Sea property market? You would have needed to… Read More

1 in 67 Homes are Sitting Empty in the Shoreham-by-Sea Area

11th April 2022

339 homes in the Adur area are empty, which represents 1 in 67 homes. 207 of those have been empty for more than six months and are worth £77million. Why are those properties standing empty and deteriorating and why could that become an issue for the whole of Shoreham-by-Sea? A couple of weeks ago was National Empty Homes Week, so we thought we… Read More

Why are there so few Shoreham-by-Sea Homes for Sale?

24th March 2022

33% drop in the number of properties for sale in Shoreham-by-Sea in the last 12 months. 231 Shoreham-by-Sea homes have sold (stc) in the last three months alone, taking the time from the ‘for sale board’ going up to sale agreed to a median of 24 days. The £400k to £500k price range in Shoreham-by-Sea is the most active, where… Read More

The average house price in Shoreham-by-Sea has increased by 210.1% to £438,500 in the last 20 years, a profit of £297,100

16th February 2022

The average house price in Shoreham-by-Sea has increased by 210.1% to £438,500 in the last 20 years, a profit of £297,100 That means, when adjusted for inflation in those two decades, Shoreham-by-Sea house prices have risen in real terms by 138.0% What does this mean for existing Shoreham-by-Sea homeowners and first-time buyers trying to get on the Shoreham-by-Sea property ladder? Since 2001, UK average… Read More

The 7 Things Shoreham-by-Sea Home Sellers Should (and Shouldn’t) Do in 2022

6th January 2022

Did you know 3,242 Shoreham-by-Sea homeowners are considering selling their Shoreham-by-Sea home between now and the summer of 2023? Reports in the press suggest 1 in 5 homeowners are considering moving home in the next 18 months. This will change the dynamics of selling your home in Shoreham-by-Sea, meaning there are certain matters that you, as a homeowner, should do before placing your property on… Read More

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