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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 51, Ring Road, Lancing is £764,306 and the estimated rental value is £2,797 per month.
Ring Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
51, Ring Road, Lancing has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 51, Ring Road, Lancing is in very good condition we estimate a sale value of £802,521 and a rental value of £2,937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £710,804 and a rental value of £2,601 per month.
Over the last 12 months the sale value of 51 Ring Road Lancing has decreased by an estimated £15,260 (2.0%) and its rental value has increased by an estimated £36 per month (1.3%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 51, Ring Road, Lancing sits on a plot of 650m2.
We have plot size data on 32 out of 32 other houses in the postcode and 51, Ring Road, Lancing sits on the 17th largest plot.
51, Ring Road, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Apr 2016.
The property is connected to mains gas and has partial multiple glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 51, Ring Road, Lancing was last sold on 22nd July 2016 for £536,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2016, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Ring Road, Lancing within a radius of 950 metres over the last 2 years.
The most recent example is 36, Norbury Drive, Lancing, BN15 0QQ, a freehold house which sold for £630,000 on the 29th April 2022.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ring Road, Lancing, BN15 has a total of 61 addresses. According to our analysis of all the public data, 51, Ring Road, Lancing is the 12th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £412k more expensive than the average property in BN15.
The closest station to 51, Ring Road, Lancing is Lancing station which is 1.7 kilometres 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 51, Ring Road, Lancing, 57.3% of property is privately owned outright and 37.0% 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 51, Ring Road, Lancing, 15.3% of residents are recorded as possessing school level qualifications and 40.6% 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 51, Ring Road, 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 51, Ring Road, Lancing, 1.8% 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 51, Ring Road, Lancing, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.