24 Crabtree Lodge, Lancing
24 Crabtree Lodge, Lancing
Description & Estimates
24 Crabtree Lodge, Lancing appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 660 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 24 Crabtree Lodge, Lancing is £209,249 and its rental estimate is £1,133 per month, given the available information and assuming reasonable condition.
Crabtree Lodge, Crabtree Lane is a residential building on Crabtree Lane, Lancing, BN15 and falls within the BN15 postal district and the borough of Adur.
Our Data Sources
24 Crabtree Lodge, Lancing has 21 entries in the Land Registry , most recently in May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24 Crabtree Lodge, Lancing, we estimate a market value of £219,711 and a rental value of £1,189 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £194,601 and £1,053 per month respectively.
Recent Market Change
Over the last year, 24 Crabtree Lodge, Lancing has seen its estimated sale value move down by £1,647 (0.8%) and its estimated rental value increase by £32 per month (2.8%). This results in an estimated gross rental yield of 6.5%.
Sold Prices
The most recent sale of 24 Crabtree Lodge, Lancing completed on 22nd May 2008 at £134,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 45.7% over the period since May 2008.
- Sold May 2008£134,995
- Sold Aug 2006£106,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24 Crabtree Lodge, Lancing have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was Flat 2, Heatherlea House 73-79, Crabtree Lane, Lancing, BN15 9NH, a leasehold flat which sold for £191,000.
Read more about house prices in BN15.
- Sold Jul 2024£191,000 | 2 Bed FlatHeatherlea House 73-79, Crabtree LaneFlat 2, Heatherlea House 73-79, Crabtree Lane, Lancing, BN15 9NH
- Sold Aug 2023£225,000 | 2 Bed FlatPenstone Park10 St. Nicholas Court, Penstone Park, Lancing, BN15 9AN
- Sold May 2021£170,000 | 2 Bed FlatBoundstone Lane9 Cherry Tree Lodge, Boundstone Lane, Lancing, BN15 9QH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 165 addresses on Crabtree Lane, Lancing, BN15, 24 Crabtree Lodge, Lancing comes out as the 104th largest and the 108th most expensive in our analysis of the public data.
It is also £138k less expensive than the average property across the BN15 district.
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Schools Nearby
- 100mThe Globe Primary Academy
- 900mNorth Lancing Primary School
- 1.2kmSompting Village Primary School
- 400mThe Sir Robert Woodard Academy
- 2.5kmDavison Church of England High School for Girls, Worthing
- 3.0kmSt Andrew's CofE High School
More reading links
Public Transport Nearby
From 24 Crabtree Lodge, Lancing, the nearest station is Lancing, 700 metres away.
- 700mLancing
- 2.3kmEast Worthing
- 3.8kmWorthing
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
