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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, 88B, Crabtree Lane, Lancing is a modern freehold house with 1,291 ft2 of internal area.
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 88B, Crabtree Lane, Lancing is £587,767 and the estimated rental value is £2,169 per month.
Crabtree Lane, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
88B, Crabtree Lane, Lancing has a single entry in the Land Registry from July 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that 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 88B, Crabtree Lane, Lancing is in very good condition we estimate a sale value of £617,155 and a rental value of £2,277 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £546,623 and a rental value of £2,017 per month.
Over the last 12 months the sale value of 88B Crabtree Lane Lancing has decreased by an estimated £8,069 (1.4%) and its rental value has increased by an estimated £35 per month (1.6%), giving an expected gross yield of 4.4%.
88B, Crabtree Lane, Lancing has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 88B, Crabtree Lane, Lancing was last sold on 12th July 2024 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2024, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88B, Crabtree Lane, Lancing within a radius of 500 metres over the last 2 years.
The most recent example is 93, Grinstead Lane, Lancing, BN15 9DT, a freehold house which sold for £530,000 on the 8th September 2021.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crabtree Lane, Lancing, BN15 has a total of 165 addresses. According to our analysis of all the public data, 88B, Crabtree Lane, Lancing is the 14th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £235k more expensive than the average property in BN15.
The closest station to 88B, Crabtree Lane, Lancing is Lancing station which is 600 metres 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 88B, Crabtree Lane, Lancing, 57.6% of property is privately owned with a mortgage and 31.1% is privately owned outright.
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 88B, Crabtree Lane, Lancing, 22.0% of residents are recorded as possessing school level qualifications and 28.4% 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 88B, Crabtree Lane, Lancing, the average age was 42.8 and the most common age was 12.
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 88B, Crabtree 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 88B, Crabtree Lane, Lancing, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
