Flat 1, 36A
Flat 1, 36A
Description & Estimates
Flat 1, 36A, South Street, Lancing is recorded publicly as a mid-century leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 1, 36A, South Street, Lancing is £133,345 and its rental estimate is £832 per month, given the available information and assuming reasonable condition.
36A, South Street is a residential building on South Street, Lancing, BN15 and falls within the BN15 postal district and the borough of Adur.
Our Data Sources
Flat 1, 36A, South Street, Lancing has a single entry in the Land Registry from November 2009 and a single entry in the EPC database dated January 2020.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 36A, South Street, Lancing, we estimate a market value of £140,012 and a rental value of £874 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £124,011 and £774 per month respectively.
Recent Market Change
Over the last year, Flat 1, 36A, South Street, Lancing has seen its estimated sale value fall by £1,027 (0.8%) and its estimated rental value move up by £24 per month (2.9%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
Flat 1, 36A, South Street, Lancing has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Flat 1, 36A, South Street, Lancing completed on 6th November 2009 at £100,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 61.7% over the period since November 2009.
- Sold Nov 2009£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 36A, South Street, Lancing have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th August 2023, was 19 Freshbrook Court, Freshbrook Road, Lancing, BN15 8DT, a leasehold flat which sold for £138,000.
Read more about house prices in BN15.
- Sold Aug 2023£138,000 | 1 Bed FlatFreshbrook Road19 Freshbrook Court, Freshbrook Road, Lancing, BN15 8DT
- Sold Mar 2023£118,000 | 1 Bed FlatFreshbrook Road8 Freshbrook Court, Freshbrook Road, Lancing, BN15 8DT
- Sold Apr 2022£135,000 | 1 Bed FlatFreshbrook Road17 Freshbrook Court, Freshbrook Road, Lancing, BN15 8DT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 219 addresses on South Street, Lancing, BN15, Flat 1, 36A, South Street, Lancing comes out as the 189th largest and the 215th most expensive in our analysis of the public data.
It is also £214k less expensive than the average property across the BN15 district.
More reading links
Schools Nearby
- 700mSeaside Primary School
- 800mThe Globe Primary Academy
- 1.5kmNorth Lancing Primary School
- 1.2kmThe Sir Robert Woodard Academy
- 2.4kmDavison Church of England High School for Girls, Worthing
- 3.1kmSt Andrew's CofE High School
More reading links
Public Transport Nearby
From Flat 1, 36A, South Street, Lancing, the nearest station is Lancing, 100 metres away.
- 100mLancing
- 2.3kmEast Worthing
- 3.7kmShoreham-by-Sea
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
