3, Red Admiral Street
3, Red Admiral Street
Description & Estimates
Public records show 3, Red Admiral Street, Lancing to be a modern freehold house with 957 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Red Admiral Street, Lancing has an estimated sale value of £406,218 and an estimated rental value of £1,783 per month, assuming reasonable condition and based on the information available.
Red Admiral Street, Lancing, BN15 lies in the borough of Adur, within the BN15 postal district.
Our Data Sources
3, Red Admiral Street, Lancing has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Red Admiral Street, Lancing would be worth £426,529, with a potential rental value of £1,873 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £377,782, with a rental value of £1,659 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Red Admiral Street, Lancing has decreased by £4,431 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £48 (2.7%). The property's estimated gross yield is currently 5.3%.
Energy Efficiency
3, Red Admiral Street, Lancing has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Red Admiral Street, Lancing last changed hands on 1st March 2024, selling for £375,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 8.0% since March 2024.
- Sold Mar 2024£375,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 780 metres of 3, Red Admiral Street, Lancing across the last 2 years.
Most recently, 7, Red Admiral Street, Lancing, BN15 9FZ, a freehold house, sold at £405,000 on the 26th March 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Red Admiral Street, Lancing as the 6th largest and the 5th most expensive of the 7 addresses on Red Admiral Street, Lancing, BN15.
Against the BN15 postcode district average, it is £59k more expensive than the typical property.
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Schools Nearby
- 800mSeaside Primary School
- 1.0kmNorth Lancing Primary School
- 1.1kmThe Globe Primary Academy
- 1.4kmThe Sir Robert Woodard Academy
- 3.6kmDavison Church of England High School for Girls, Worthing
- 4.2kmSt Andrew's CofE High School
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Public Transport Nearby
Lancing station is the nearest stop to 3, Red Admiral Street, Lancing at 1.2 kilometres away.
- 1.2kmLancing
- 2.7kmShoreham-by-Sea
- 3.4kmEast Worthing
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
