Flat 1, Diamond Waters 216-218
Flat 1, Diamond Waters 216-218
Description & Estimates
Public records show Flat 1, Diamond Waters 216-218, Lancing to be a modern leasehold apartment with 226 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 1, Diamond Waters 216-218, Lancing has an estimated sale value of £119,115 and an estimated rental value of £653 per month, assuming reasonable condition and based on the information available.
The apartment sits within Diamond Waters, Brighton Road, Lancing, BN15.
Brighton Road, Lancing, BN15 lies in the borough of Adur, within the BN15 postal district.
Our Data Sources
Flat 1, Diamond Waters 216-218, Lancing has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, Diamond Waters 216-218, Lancing would be worth £125,071, with a potential rental value of £686 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £110,777, with a rental value of £607 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, Diamond Waters 216-218, Lancing has moved down by £918 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £19 (2.9%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
Flat 1, Diamond Waters 216-218, Lancing has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
Flat 1, Diamond Waters 216-218, Lancing last changed hands on 7th May 2021, selling for £146,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 20.6% since May 2021.
- Sold May 2021£146,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of Flat 1, Diamond Waters 216-218, Lancing across the last 2 years.
Most recently, Flat 5, Diamond Waters 216-218, Brighton Road, Lancing, BN15 8LJ, a leasehold flat, sold at £131,000 on the 4th March 2025.
Read more about house prices in BN15.
- Sold Mar 2025£131,000 | 1 Bed FlatDiamond Waters 216-218, Brighton RoadFlat 5, Diamond Waters 216-218, Brighton Road, Lancing, BN15 8LJ
- Sold May 2019£120,000 | 1 Bed FlatDiamond Waters 216-218, Brighton RoadFlat 7, Diamond Waters 216-218, Brighton Road, Lancing, BN15 8LJ
- Sold Aug 2018£123,000 | 1 Bed FlatDiamond Waters 216-218, Brighton RoadFlat 2, Diamond Waters 216-218, Brighton Road, Lancing, BN15 8LJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, Diamond Waters 216-218, Lancing as the 847th largest and the 846th most expensive of the 849 addresses on Brighton Road, Lancing, BN15.
Against the BN15 postcode district average, it is £228k less expensive than the typical property.
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Schools Nearby
- 1.2kmSeaside Primary School
- 1.6kmSwiss Gardens Primary School
- 2.1kmShoreham Beach Primary School
- 2.7kmThe Sir Robert Woodard Academy
- 3.7kmShoreham Academy
- 4.3kmDavison Church of England High School for Girls, Worthing
More reading links
Public Transport Nearby
Shoreham-by-Sea station is the nearest stop to Flat 1, Diamond Waters 216-218, Lancing at 1.9 kilometres away.
- 1.9kmShoreham-by-Sea
- 1.9kmLancing
- 4.2kmSouthwick
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
