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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Derek Road, Lancing is a early-century freehold house with 592 ft2 of internal area and sits on a 418 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Derek Road, Lancing is £317,207 and the estimated rental value is £1,327 per month.
Derek Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
1, Derek Road, Lancing has 31 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Derek Road, Lancing is in very good condition we estimate a sale value of £333,067 and a rental value of £1,393 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,003 and a rental value of £1,234 per month.
Over the last 12 months the sale value of 1 Derek Road Lancing has decreased by an estimated £127 (0.0%) and its rental value has increased by an estimated £41 per month (3.1%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 1, Derek Road, Lancing sits on a plot of 418m2.
We have plot size data on 35 out of 35 other houses in the postcode and 1, Derek Road, Lancing sits on the 4th largest plot.
1, Derek Road, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Derek Road, Lancing was last sold on 11th April 2017 for £270,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2017, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Derek Road, Lancing within a radius of 790 metres over the last 2 years.
The most recent example is 9, Fircroft Avenue, Lancing, BN15 0NL, a freehold house which sold for £313,000 on the 16th February 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derek Road, Lancing, BN15 has a total of 35 addresses. According to our analysis of all the public data, 1, Derek Road, Lancing is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in BN15.
The closest station to 1, Derek Road, Lancing is Lancing station which is 1.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Derek Road, Lancing, 61.8% of property is privately owned outright and 31.3% is privately owned with a mortgage.
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, Derek Road, Lancing, 16.3% of residents are recorded as possessing school level qualifications and 37.0% 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, Derek Road, Lancing, 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, Derek Road, Lancing, 0.9% 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, Derek Road, Lancing, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
