4, Red Admiral Street
4, Red Admiral Street
Description & Estimates
4, Red Admiral Street, Lancing is recorded publicly as a modern freehold house across 968 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Red Admiral Street, Lancing is £408,214 and its rental estimate is £1,790 per month, given the available information and assuming reasonable condition.
Red Admiral Street, Lancing, BN15 falls within the BN15 postal district, in the borough of Adur.
Our Data Sources
4, Red Admiral Street, Lancing has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated June 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
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 4, Red Admiral Street, Lancing, we estimate a market value of £428,625 and a rental value of £1,880 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £379,639 and £1,665 per month respectively.
Recent Market Change
Over the last year, 4, Red Admiral Street, Lancing has seen its estimated sale value decline by £4,452 (1.1%) and its estimated rental value climb by £48 per month (2.7%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
4, Red Admiral Street, Lancing has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jun 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
The most recent sale of 4, Red Admiral Street, Lancing completed on 26th February 2024 at £380,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.4% over the period since February 2024.
- Sold Feb 2024£380,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Red Admiral Street, Lancing have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2024, was 7, Red Admiral Street, Lancing, BN15 9FZ, a freehold house which sold for £405,000.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 7 addresses on Red Admiral Street, Lancing, BN15, 4, Red Admiral Street, Lancing comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £61k more expensive than the average property across the BN15 district.
More reading links
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
More reading links
Public Transport Nearby
From 4, Red Admiral Street, Lancing, the nearest station is Lancing, 1.2 kilometres away.
- 1.2kmLancing
- 2.7kmShoreham-by-Sea
- 3.4kmEast Worthing
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
