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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, Grinstead Avenue, Lancing is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 993 ft2 of internal area and sits on a 138 m2 plot 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 5, Grinstead Avenue, Lancing is £294,750 and the estimated rental value is £1,431 per month.
Grinstead Avenue, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
5, Grinstead Avenue, Lancing has a single entry in the Land Registry from October 2017 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 5, Grinstead Avenue, Lancing is in very good condition we estimate a sale value of £309,488 and a rental value of £1,502 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,118 and a rental value of £1,331 per month.
Over the last 12 months the sale value of 5 Grinstead Avenue Lancing has decreased by an estimated £1,569 (0.5%) and its rental value has increased by an estimated £36 per month (2.5%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 5, Grinstead Avenue, Lancing sits on a plot of 138m2.
We have plot size data on 11 out of 18 other houses in the postcode and 5, Grinstead Avenue, Lancing sits on the 10th largest plot.
According to HM Land Registry, 5, Grinstead Avenue, Lancing was last sold on 13th October 2017 for £255,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2017, the market for similar properties has risen 24.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Grinstead Avenue, Lancing within a radius of 490 metres over the last 2 years.
The most recent example is 2 Parkhaven Court, Crabtree Lane, Lancing, BN15 9PH, a freehold house which sold for £310,000 on the 22nd May 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grinstead Avenue, Lancing, BN15 has a total of 20 addresses. According to our analysis of all the public data, 5, Grinstead Avenue, Lancing is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in BN15.
The closest station to 5, Grinstead Avenue, Lancing is Lancing station which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Grinstead Avenue, Lancing, 36.0% of property is privately owned outright and 32.4% 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 5, Grinstead Avenue, Lancing, 21.5% of residents are recorded as possessing school level qualifications and 22.9% 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, Grinstead 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, Grinstead Avenue, Lancing, 0.6% 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 5, Grinstead Avenue, Lancing, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
