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1 Grand Avenue is a residential building situated on Grand Avenue, Lancing, BN15 with 2 addresses.
It ranks as the 5th largest and 249th most expensive of the 326 buildings in the BN15 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
1 Grand Avenue is a residential building situated on Grand Avenue, Lancing, BN15 with 2 addresses.
It ranks as the 5th largest and 249th most expensive of the 326 buildings in the BN15 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £202,879 for 2 bedroom Leasehold flats (624 ft2) to £314,967 for 4 bedroom Leasehold flats with a garden (1,302 ft2) .
Monthly rental prices range from £1,110 pcm for 2 bed flats to £1,673 pcm for 4 bed flats.
The gross rental yield is between 6.4% and 6.6%.
The average value per square foot is £284.
The last sale in 1 Grand Avenue sold for £112,500 on 10th August 2009. Since then prices are up an average of 74.5%.
The current average value in the building is £258,923.
The 1 Grand Avenue Sales Market has increased by 16.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.9% | £258,923 |
| May 2025 | -1.5% | £261,318 |
| May 2024 | 1.7% | £265,218 |
| May 2023 | -0.8% | £260,846 |
| May 2022 | 10% | £263,052 |
| May 2021 | 4.1% | £239,053 |
| May 2020 | 1.6% | £229,534 |
| May 2019 | -0.4% | £225,858 |
| May 2018 | -0.8% | £226,671 |
| May 2017 | 2.7% | £228,605 |
| May 2016 | 9.4% | £222,703 |
| May 2015 | 11.5% | £203,648 |
| May 2014 | 7.6% | £182,703 |
| May 2013 | 3.8% | £169,872 |
| May 2012 | 0.5% | £163,576 |
| May 2011 | 0.9% | £162,707 |
| May 2010 | 9.4% | £161,184 |
| May 2009 | -16.3% | £147,341 |
| May 2008 | 1.3% | £176,007 |
| May 2007 | 0% | £173,679 |
The current average rental value in the building is £1,391.
The 1 Grand Avenue Rental Market has increased by 38.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.7% | £1,391pcm |
| May 2025 | 4.7% | £1,354pcm |
| May 2024 | 6.7% | £1,294pcm |
| May 2023 | 5.6% | £1,213pcm |
| May 2022 | 7.5% | £1,149pcm |
| May 2021 | 4.2% | £1,069pcm |
| May 2020 | 2.7% | £1,026pcm |
| May 2019 | 0.8% | £999pcm |
| May 2018 | -0.4% | £991pcm |
| May 2017 | -1% | £994pcm |
| May 2016 | 2.5% | £1,004pcm |
| May 2015 | 5.7% | £980pcm |
| May 2014 | 3.8% | £926pcm |
| May 2013 | 4.5% | £892pcm |
| May 2012 | 0.7% | £854pcm |
| May 2011 | 4.2% | £848pcm |
| May 2010 | 5.9% | £813pcm |
| May 2009 | -4.6% | £768pcm |
| May 2008 | 3.6% | £805pcm |
| May 2007 | 0% | £777pcm |
The last sale was on 10th August 2009 for £112,500 and since then the market in the area has increased by 74.5%. The building has had a total of 2 sales since 1995.
1, Grand Avenue, Lancing, BN15 9PS has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 1, Grand Avenue, Lancing, BN15 9PS is Lancing station, which is 600 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Grand Avenue, Lancing, BN15 9PS, 57.6% of property is privately owned with a mortgage and 31.1% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Grand Avenue, Lancing, BN15 9PS, 22.0% of residents are recorded as possessing school level qualifications and 28.4% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Grand Avenue, Lancing, BN15 9PS, the average age was 42.8 and the most common age was 12.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Grand Avenue, Lancing, BN15 9PS, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Grand Avenue, Lancing, BN15 9PS, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.