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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 121A, Grinstead Lane, Lancing is £212,386 and the estimated rental value is £1,114 per month.
The apartment is within 121, Grinstead Lane, Lancing, BN15.
Grinstead Lane, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
121A, Grinstead Lane, Lancing has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 121A, Grinstead Lane, Lancing is in very good condition we estimate a sale value of £223,005 and a rental value of £1,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,519 and a rental value of £1,036 per month.
Over the last 12 months the sale value of 121A Grinstead Lane Lancing has decreased by an estimated £849 (0.4%) and its rental value has increased by an estimated £31 per month (2.8%), giving an expected gross yield of 6.3%.
121A, Grinstead Lane, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 121A, Grinstead Lane, Lancing within a radius of 500 metres over the last 2 years.
The most recent example is Flat 7, Priory Gate, North Road, Lancing, BN15 9BE, a leasehold flat which sold for £160,000 on the 21st February 2025.
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, 121A, Grinstead Lane, Lancing is the 110th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in BN15.
The closest station to 121A, Grinstead Lane, Lancing is Lancing station which is 500 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 121A, Grinstead Lane, Lancing, 58.8% of property is privately owned outright and 28.2% 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 121A, Grinstead Lane, Lancing, 12.6% of residents are recorded as possessing school level qualifications and 24.9% 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 121A, 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 121A, Grinstead Lane, Lancing, 0.3% 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 121A, Grinstead Lane, Lancing, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.