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According to the public record, 4, Birch Close, Lancing is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 717 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Birch Close, Lancing is £260,629 and the estimated rental value is £1,329 per month.
Birch Close, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
4, Birch Close, Lancing has a single entry in the Land Registry from November 2018 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 2 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 4, Birch Close, Lancing is in very good condition we estimate a sale value of £273,661 and a rental value of £1,396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,385 and a rental value of £1,236 per month.
Over the last 12 months the sale value of 4 Birch Close Lancing has decreased by an estimated £1,387 (0.5%) and its rental value has increased by an estimated £34 per month (2.5%), giving an expected gross yield of 6.1%.
According to HM Land Registry, 4, Birch Close, Lancing was last sold on 23rd November 2018 for £250,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since November 2018, the market for similar properties has risen 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Birch Close, Lancing within a radius of 650 metres over the last 2 years.
The most recent example is 3, Alma Street, Lancing, BN15 8AX, a freehold house which sold for £200,000 on the 15th January 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birch Close, Lancing, BN15 has a total of 20 addresses. According to our analysis of all the public data, 4, Birch Close, Lancing is the 10th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in BN15.
The closest station to 4, Birch Close, Lancing is Lancing station which is 700 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Birch Close, Lancing, 38.4% of property is privately owned with a mortgage and 23.9% is privately rented.
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 4, Birch Close, Lancing, 22.1% of residents are recorded as possessing school level qualifications and 31.6% 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 4, Birch Close, 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 4, Birch Close, Lancing, 0.0% 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 4, Birch Close, 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.