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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
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According to the public record, 7, Grinstead Lane, Lancing is a early-century freehold house with 1,054 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Grinstead Lane, Lancing is £401,540 and the estimated rental value is £1,747 per month.
Grinstead Lane, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
7, Grinstead Lane, Lancing has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated January 2014.
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 7, Grinstead Lane, Lancing is in very good condition we estimate a sale value of £421,617 and a rental value of £1,835 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,433 and a rental value of £1,625 per month.
Over the last 12 months the sale value of 7 Grinstead Lane Lancing has decreased by an estimated £2,138 (0.5%) and its rental value has increased by an estimated £45 per month (2.5%), giving an expected gross yield of 5.2%.
7, Grinstead Lane, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Grinstead Lane, Lancing was last sold on 27th June 2014 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2014, the market for similar properties has risen 71.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Grinstead Lane, Lancing within a radius of 560 metres over the last 2 years.
The most recent example is 10, Orchard Way, Lancing, BN15 9ED, a freehold house which sold for £381,000 on the 20th December 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grinstead Lane, Lancing, BN15 has a total of 114 addresses. According to our analysis of all the public data, 7, Grinstead Lane, Lancing is the 78th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in BN15.
The closest station to 7, Grinstead Lane, Lancing is Lancing station which is 1.0 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Grinstead Lane, Lancing, 38.1% of property is privately owned outright and 36.5% 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 7, Grinstead Lane, Lancing, 14.8% of residents are recorded as possessing school level qualifications and 17.3% 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 7, Grinstead Lane, Lancing, the average age was 45.7 and the most common age was 52.
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 7, Grinstead Lane, 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 7, Grinstead Lane, Lancing, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
