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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, Shopsdam Road, Lancing is a modern freehold house with 1,560 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Shopsdam Road, Lancing is £845,378 and the estimated rental value is £3,012 per month.
Shopsdam Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
7, Shopsdam Road, Lancing has 2 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Shopsdam Road, Lancing is in very good condition we estimate a sale value of £887,647 and a rental value of £3,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £786,202 and a rental value of £2,801 per month.
Over the last 12 months the sale value of 7 Shopsdam Road Lancing has decreased by an estimated £11,606 (1.4%) and its rental value has increased by an estimated £48 per month (1.6%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 7, Shopsdam Road, Lancing sits on a plot of 204m2.
We have plot size data on 6 out of 6 other houses in the postcode and 7, Shopsdam Road, Lancing sits on the 4th largest plot.
7, Shopsdam Road, Lancing has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2015.
The property is not connected to mains gas and has partial double glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 7, Shopsdam Road, Lancing was last sold on 11th August 2017 for £725,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2017, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Shopsdam Road, Lancing within a radius of 710 metres over the last 2 years.
The most recent example is 125, Brighton Road, Lancing, BN15 8HT, a freehold house which sold for £800,000 on the 7th April 2022.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shopsdam Road, Lancing, BN15 has a total of 6 addresses. According to our analysis of all the public data, 7, Shopsdam Road, Lancing is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £493k more expensive than the average property in BN15.
The closest station to 7, Shopsdam Road, Lancing is Lancing station which is 900 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Shopsdam Road, Lancing, 55.7% of property is privately owned outright and 32.8% 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, Shopsdam Road, Lancing, 14.8% of residents are recorded as possessing school level qualifications and 31.6% 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 7, Shopsdam Road, 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, Shopsdam Road, Lancing, 1.4% 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, Shopsdam Road, Lancing, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
