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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, Flat 1, 38, Crabtree Lane, Lancing is a modern apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 38, Crabtree Lane, Lancing is £222,180 and the estimated rental value is £1,166 per month.
The apartment is within 38, Crabtree Lane, Lancing, BN15.
Crabtree Lane, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
Flat 1, 38, Crabtree Lane, Lancing has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2018.
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 Flat 1, 38, Crabtree Lane, Lancing is in very good condition we estimate a sale value of £233,289 and a rental value of £1,225 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,627 and a rental value of £1,085 per month.
Over the last 12 months the sale value of Flat 1 38 Crabtree Lane Lancing has decreased by an estimated £1,749 (0.8%) and its rental value has increased by an estimated £33 per month (2.8%), giving an expected gross yield of 6.3%.
Flat 1, 38, Crabtree Lane, Lancing has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Mar 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 38, Crabtree Lane, Lancing was last sold on 2nd February 2001 for £89,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 38, Crabtree Lane, Lancing within a radius of 500 metres over the last 2 years.
The most recent example is 22, Crabtree Lane, Lancing, BN15 9PQ, a leasehold flat which sold for £60,000 on the 2nd April 2024.
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, Flat 1, 38, Crabtree Lane, Lancing is the 101st largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in BN15.
The closest station to Flat 1, 38, Crabtree Lane, Lancing is Lancing station which is 600 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 38, Crabtree Lane, Lancing, 36.0% of property is privately owned outright and 32.4% 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 Flat 1, 38, Crabtree Lane, Lancing, 21.5% of residents are recorded as possessing school level qualifications and 22.9% 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 Flat 1, 38, 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 Flat 1, 38, Crabtree Lane, Lancing, 0.6% 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 Flat 1, 38, Crabtree 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.
