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By comparing it to neighbours, we estimate that it is a mid-century house with 415 ft2 of internal area and sits on a 322 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, The Drive, Lancing is £254,878 and the estimated rental value is £1,090 per month.
The Drive, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
29, The Drive, Lancing has 21 entries in the Land Registry , most recently in December 2019 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 4 out of 5 and is considered of high 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 29, The Drive, Lancing is in very good condition we estimate a sale value of £267,622 and a rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,037 and a rental value of £1,014 per month.
Over the last 12 months the sale value of 29 The Drive Lancing has decreased by an estimated £102 (0.0%) and its rental value has increased by an estimated £33 per month (3.1%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 29, The Drive, Lancing sits on a plot of 322m2.
We have plot size data on 26 out of 26 other houses in the postcode and 29, The Drive, Lancing sits on the 13th largest plot.
According to HM Land Registry, 29, The Drive, Lancing was last sold on 12th December 2019 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2019, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 29, The Drive, Lancing within a radius of 580 metres over the last 2 years.
The most recent example is 6A, Station Parade, Lancing, BN15 8AA, a freehold house which sold for £130,000 on the 18th March 2012.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, Lancing, BN15 has a total of 50 addresses. According to our analysis of all the public data, 29, The Drive, Lancing is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in BN15.
The closest station to 29, The Drive, Lancing is Lancing station which is 500 metres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 29, The Drive, Lancing, 59.0% of property is privately owned outright and 27.1% 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 29, The Drive, Lancing, 12.0% of residents are recorded as possessing school level qualifications and 21.0% 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 29, The Drive, Lancing, the average age was 46.1 and the most common age was 72.
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 29, The Drive, Lancing, 1.6% 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 29, The Drive, Lancing, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.