BN15 8PA is a residential postcode situated on Elm Grove, Lancing, BN15 with 78 addresses.
It ranks as the 707th largest and 12th most expensive of the 710 postcodes in the BN15 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 78 properties: 78 flats.
BN15 8PA is a residential postcode situated on Elm Grove, Lancing, BN15 with 78 addresses.
It ranks as the 707th largest and 12th most expensive of the 710 postcodes in the BN15 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 78 properties: 78 flats.
Sale prices range from £139,656 for 1 bedroom leasehold flats (365 ft2) to £244,658 for 3 bedroom leasehold flats (979 ft2) .
Monthly rental prices range from £806 pcm for 1 bed flats to £1,283 pcm for 3 bed flats.
The gross rental yield is between 6.3% and 7.0%.
The average value per square foot is £342.
The last sale in BN15 8PA sold for £180,000 on 21st January 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £170,030.
The BN15 8PA Sales Market has increased by 16.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £170,030 |
| April 2025 | -0.4% | £170,551 |
| April 2024 | -0.7% | £171,212 |
| April 2023 | 0.9% | £172,370 |
| April 2022 | 10.2% | £170,825 |
| April 2021 | 3.4% | £154,946 |
| April 2020 | 1.3% | £149,867 |
| April 2019 | -0.9% | £148,008 |
| April 2018 | -0.8% | £149,418 |
| April 2017 | 3% | £150,666 |
| April 2016 | 10.3% | £146,241 |
| April 2015 | 12% | £132,525 |
| April 2014 | 6.7% | £118,347 |
| April 2013 | 4.5% | £110,889 |
| April 2012 | 0.1% | £106,165 |
| April 2011 | 1.4% | £106,068 |
| April 2010 | 6.6% | £104,601 |
| April 2009 | -17.7% | £98,135 |
| April 2008 | 3.8% | £119,293 |
| April 2007 | 0% | £114,963 |
The current average rental value in the postcode is £965.
The BN15 8PA Rental Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £965pcm |
| April 2025 | 5.1% | £938pcm |
| April 2024 | 5.7% | £893pcm |
| April 2023 | 5.8% | £845pcm |
| April 2022 | 8.4% | £799pcm |
| April 2021 | 4.4% | £737pcm |
| April 2020 | 0.8% | £706pcm |
| April 2019 | 1.4% | £700pcm |
| April 2018 | -1.1% | £690pcm |
| April 2017 | -0.8% | £698pcm |
| April 2016 | 4.6% | £704pcm |
| April 2015 | 7.2% | £673pcm |
| April 2014 | 2% | £628pcm |
| April 2013 | 4.4% | £616pcm |
| April 2012 | 0.4% | £590pcm |
| April 2011 | 3.4% | £588pcm |
| April 2010 | 2.5% | £568pcm |
| April 2009 | -6% | £555pcm |
| April 2008 | 3.3% | £590pcm |
| April 2007 | 0% | £571pcm |
The last sale was on 21st January 2025 for £180,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 79 sales since 1995.
BN15 8PA has seen 6 sales in the last three years and no sales in the last twelve months.
BN15 8PA is the 707th largest and the 12th most expensive postcode out of the 710 postcodes in the BN15 area.
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The closest station to BN15 8PA is Lancing station which is 400 metres away.
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