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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 5, Grand Avenue, Lancing is a early-century freehold house with 1,334 ft2 of internal area and sits on a 170 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Grand Avenue, Lancing is £431,868 and the estimated rental value is £1,989 per month.
Grand Avenue, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
5, Grand Avenue, Lancing has 31 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property 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 5, Grand Avenue, Lancing is in very good condition we estimate a sale value of £453,462 and a rental value of £2,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,637 and a rental value of £1,850 per month.
Over the last 12 months the sale value of 5 Grand Avenue Lancing has decreased by an estimated £8,496 (2.0%) and its rental value has increased by an estimated £33 per month (1.7%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 5, Grand Avenue, Lancing sits on a plot of 170m2.
We have plot size data on 6 out of 6 other houses in the postcode and 5, Grand Avenue, Lancing sits on the 7th largest plot.
5, Grand Avenue, Lancing has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Grand Avenue, Lancing was last sold on 26th September 2022 for £430,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2022, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Grand Avenue, Lancing within a radius of 510 metres over the last 2 years.
The most recent example is 25, Annweir Avenue, Lancing, BN15 9NF, a freehold house which sold for £420,000 on the 24th October 2023.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grand Avenue, Lancing, BN15 has a total of 107 addresses. According to our analysis of all the public data, 5, Grand Avenue, Lancing is the 9th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in BN15.
The closest station to 5, Grand Avenue, Lancing is Lancing station which is 600 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 5, Grand Avenue, Lancing, 57.6% of property is privately owned with a mortgage and 31.1% is privately owned outright.
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 5, Grand Avenue, Lancing, 22.0% of residents are recorded as possessing school level qualifications and 28.4% 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 5, Grand Avenue, Lancing, the average age was 42.8 and the most common age was 12.
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 5, Grand Avenue, 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 5, Grand Avenue, Lancing, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
