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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, Chay House, Lancing is a mid-century freehold house with 2,647 ft2 of internal area and sits on a 747 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Chay House, Lancing is £630,030 and the estimated rental value is £3,031 per month.
Elm Grove, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
Chay House, Lancing has a single entry in the Land Registry from July 2010 and a single entry in the EPC database dated August 2022.
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 Chay House, Lancing is in very good condition we estimate a sale value of £661,531 and a rental value of £3,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £585,928 and a rental value of £2,819 per month.
Over the last 12 months the sale value of Chay House Lancing has decreased by an estimated £11,876 (1.9%) and its rental value has increased by an estimated £49 per month (1.6%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, Chay House, Lancing sits on a plot of 747m2.
We have plot size data on 20 out of 21 other houses in the postcode and Chay House, Lancing sits on the 2nd largest plot.
Chay House, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2022.
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, Chay House, Lancing was last sold on 30th July 2010 for £360,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2010, the market for similar properties has risen 76.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Chay House, Lancing within a radius of 480 metres over the last 2 years.
The most recent example is 84, Wembley Avenue, Lancing, BN15 9JY, a freehold house which sold for £580,000 on the 6th March 2020.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Grove, Lancing, BN15 has a total of 126 addresses. According to our analysis of all the public data, Chay House, Lancing is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £283k more expensive than the average property in BN15.
The closest station to Chay House, Lancing is Lancing station which is 200 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 Chay House, Lancing, 39.3% of property is privately owned outright and 34.1% is socially rented.
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 Chay House, Lancing, 17.1% of residents are recorded as possessing school level qualifications and 23.4% 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 Chay House, Lancing, the average age was 46.1 and the most common age was 72.
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 Chay House, 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 Chay House, Lancing, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
