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According to the public record, 8, Silverdale Drive, Lancing is a mid-century freehold house with 1,410 ft2 of internal area and sits on a 353 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 8, Silverdale Drive, Lancing is £538,059 and the estimated rental value is £2,163 per month.
Silverdale Drive, Sompting, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
8, Silverdale Drive, Lancing has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated September 2015.
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 8, Silverdale Drive, Lancing is in very good condition we estimate a sale value of £564,962 and a rental value of £2,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £500,395 and a rental value of £2,012 per month.
Over the last 12 months the sale value of 8 Silverdale Drive Lancing has decreased by an estimated £10,586 (2.0%) and its rental value has increased by an estimated £36 per month (1.7%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 8, Silverdale Drive, Lancing sits on a plot of 353m2.
We have plot size data on 21 out of 21 other houses in the postcode and 8, Silverdale Drive, Lancing sits on the 12th largest plot.
8, Silverdale Drive, Lancing has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Silverdale Drive, Lancing was last sold on 27th October 2015 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2015, the market for similar properties has risen 45.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Silverdale Drive, Lancing within a radius of 610 metres over the last 2 years.
The most recent example is 134, Western Road, Lancing, BN15 9TY, a freehold house which sold for £550,000 on the 4th October 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silverdale Drive, Sompting, Lancing, BN15 has a total of 52 addresses. According to our analysis of all the public data, 8, Silverdale Drive, Lancing is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £191k more expensive than the average property in BN15.
The closest station to 8, Silverdale Drive, Lancing is Lancing station which is 1.1 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 8, Silverdale Drive, Lancing, 61.9% of property is privately owned outright and 27.1% 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 8, Silverdale Drive, Lancing, 13.7% of residents are recorded as possessing school level qualifications and 23.3% 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 8, Silverdale Drive, Lancing, the average age was 44.5 and the most common age was 57.
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 8, Silverdale Drive, 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 8, Silverdale Drive, 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.