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Public records show 5 Steyning House, Lancing to be a mid-century leasehold apartment with 301 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
5 Steyning House, Lancing has an estimated sale value of £119,297 and an estimated rental value of £750 per month, assuming reasonable condition and based on the information available.
The apartment sits within Steyning House, Middle Road, Lancing, BN15.
Middle Road, Lancing, BN15 lies in the borough of Adur, within the BN15 postal district.
5 Steyning House, Lancing has 3 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated November 2021.
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.
In very good condition, we estimate 5 Steyning House, Lancing would be worth £125,262, with a potential rental value of £787 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £110,946, with a rental value of £697 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 5 Steyning House, Lancing has dropped by £919 (0.8%) over the last year. During the same period, its estimated monthly rental value has risen by £21 (2.9%). The property's estimated gross yield is currently 7.5%.
5 Steyning House, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
5 Steyning House, Lancing last changed hands on 4th June 2024, selling for £115,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 4.5% since June 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 5 Steyning House, Lancing across the last 2 years.
Most recently, 2 Steyning House, Middle Road, Lancing, BN15 9JF, a leasehold flat, sold at £120,000 on the 26th June 2023.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 5 Steyning House, Lancing as the 14th largest and the 19th most expensive of the 32 addresses on Middle Road, Lancing, BN15.
Against the BN15 postcode district average, it is £228k less expensive than the typical property.
Lancing station is the nearest stop to 5 Steyning House, Lancing at 700 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 5 Steyning House, Lancing, 37.1% of property is privately owned with a mortgage and 31.1% 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 5 Steyning House, Lancing, 19.1% of residents are recorded as possessing school level qualifications and 25.8% 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 Steyning House, 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 5 Steyning House, 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 Steyning House, 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.