FLAT 3, 37 HIGH STREET
Recent sale
£1.00M
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Wellingham House, 35 High Street, Steyning, BN44 3YE
UPRN:100061834581Converted Flat4 bedsBuilt before 1900
FreeholdCouncil Tax: Band FEPC: G (1)
Data freshness:Listing· freshListing: fresh, refreshed 4d ago (2026-10-20T04:00:03.667605+00:00)Planning· 5mo agoPlanning: stale, refreshed 5mo ago (2026-05-20T08:19:50.636452+00:00)EPC· 5mo agoEPC: stale, refreshed 5mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Valuation estimateUpdated 2 days ago
£474,000
Estimated value
Range: £379k - £568k|Last sold: £40k (2016-08-17)
Estimate of £474k for this converted flat. 115 sales in BN44 in the last 12 months; median £418k.
Estimate confidence
Low confidence
Value History
Current estimate
£474k
£379k - £568k - Low confidence
Annualised (CAGR)
-5.49%
Over the full window
Peak estimate
£821k
Apr 2023
From peak
-42.27%
Drawdown from peak
AVM estimate (model)Repeat-sales index - BN44 district (quarterly)index YoY -7.71%
Growth by window
3m
-1.25%
6m
-0.63%
12m
-34.53%
24m
-34.98%
60m
-
Rental Market
Estimated rent (pcm)
£1,600
/ month
Gross yield
3.20%
Rent ÷ asking price
Net yield
2.22%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£418k
BN44 sales, last 12 months
12m Price Growth
-
BN44 median, Land Registry
Days on Market
113d
BN44 average
Sales & Yield
3 metricsTransactions / 12m
115
BN44 sales
Area Gross Yield
3.32%
BN44 medians
Last Sold
£40k
2016-08-17
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£600,000
- SDLT standard£20,000
- SDLT BTL surcharge (5%)£30,000
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£652,100
Funding
- Deposit (25%)£150,000
- Mortgage (75% LTV)£450,000
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£202,100
Monthly Returns
- Monthly Rent (estimate)£1,600
- Mortgage Payment (IO)-£1,969
- Management (10%)-£160
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow-£629
Capital Returns
- 5yr Property Value£589,277
- 5yr Capital Gain (-0.36% pa, historical)-£10,723
- 5yr Cumulative Rent (net)+£83,934
- Less mortgage interest-£118,140
- 5yr Total Return-£44,929
Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £597,840 | £147,840 | -£7,548 | -£9,708 | -4.8% |
| Year 2 | £595,688 | £145,688 | -£14,748 | -£19,060 | -9.4% |
| Year 3 | £593,543 | £143,543 | -£21,592 | -£28,049 | -13.9% |
| Year 4 | £591,407 | £141,407 | -£28,085 | -£36,679 | -18.1% |
| Year 5 | £589,277 | £139,277 | -£34,206 | -£44,929 | -22.2% |
Modelled on the live asking price. Capital growth -0.36% a year is the BN44 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£202,100).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
39 HIGH STREET
Recent sale
£310k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
BANK HOUSE, 40 HIGH STREET
Recent sale
£280k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
BANK HOUSE, 40 HIGH STREET
Recent sale
£220k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£36,448
Median earnings (local authority)
Signal
1,649
Population
Signal
0.9%
Households Deprived