7, Red Admiral Street
7, Red Admiral Street
Description & Estimates
According to the public record, 7, Red Admiral Street, Lancing is a modern freehold house with 957 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, Red Admiral Street, Lancing is £406,218 and the estimated rental value is £1,783 per month.
Red Admiral Street, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
Our Data Sources
7, Red Admiral Street, Lancing has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated September 2023.
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.
Price Range & Condition
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, Red Admiral Street, Lancing is in very good condition we estimate a sale value of £426,529 and a rental value of £1,873 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,782 and a rental value of £1,659 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Red Admiral Street, Lancing has moved down by £4,431 (1.1%), while its estimated rental value has increased by £48 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
7, Red Admiral Street, Lancing has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Red Admiral Street, Lancing was last sold on 26th March 2024 for £405,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has risen by 8.0%.
- Sold Mar 2024£405,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Red Admiral Street, Lancing within a radius of 770 metres over the last 2 years.
The most recent example is 3, Red Admiral Street, Lancing, BN15 9FZ, a freehold house which sold for £375,000 on the 1st March 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Red Admiral Street, Lancing, BN15 has a total of 7 addresses. According to our analysis of all the public data, 7, Red Admiral Street, Lancing is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in BN15.
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Schools Nearby
- 800mSeaside Primary School
- 1.0kmNorth Lancing Primary School
- 1.1kmThe Globe Primary Academy
- 1.4kmThe Sir Robert Woodard Academy
- 3.6kmDavison Church of England High School for Girls, Worthing
- 4.2kmSt Andrew's CofE High School
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Public Transport Nearby
The closest station to 7, Red Admiral Street, Lancing is Lancing station, which is 1.2 kilometres away.
- 1.2kmLancing
- 2.7kmShoreham-by-Sea
- 3.4kmEast Worthing
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
