Flat 1, Oaklands 83
Flat 1, Oaklands 83
Description & Estimates
Flat 1, Oaklands 83, Lancing is recorded publicly as a modern leasehold apartment across 355 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 1, Oaklands 83, Lancing is £139,483 and its rental estimate is £838 per month, given the available information and assuming reasonable condition.
Oaklands, Penhill Road is a residential building on Penhill Road, Lancing, BN15 and falls within the BN15 postal district and the borough of Adur.
Our Data Sources
Flat 1, Oaklands 83, Lancing has 51 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated November 2013.
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
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, Oaklands 83, Lancing, we estimate a market value of £146,458 and a rental value of £880 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £129,720 and £780 per month respectively.
Recent Market Change
Over the last year, Flat 1, Oaklands 83, Lancing has seen its estimated sale value fall by £1,074 (0.8%) and its estimated rental value move up by £24 per month (2.9%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 1, Oaklands 83, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 1, Oaklands 83, Lancing completed on 20th January 2023 at £153,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 6.5% over the period since January 2023.
- Sold Jan 2023£153,000
- Sold Mar 2002£60,000
- Sold Aug 1999£33,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Oaklands 83, Lancing have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2025, was Flat 3, Hazelwood Lodge 85, Penhill Road, Lancing, BN15 8HB, a leasehold flat which sold for £125,000.
Read more about house prices in BN15.
- Sold Dec 2025£125,000 | 1 Bed FlatHazelwood Lodge 85, Penhill RoadFlat 3, Hazelwood Lodge 85, Penhill Road, Lancing, BN15 8HB
- Sold Aug 2025£132,000 | 1 Bed FlatOaklands 83, Penhill RoadFlat 6, Oaklands 83, Penhill Road, Lancing, BN15 8HB
- Sold Mar 2025£143,000 | 1 Bed FlatOaklands 83, Penhill RoadFlat 4, Oaklands 83, Penhill Road, Lancing, BN15 8HB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 186 addresses on Penhill Road, Lancing, BN15, Flat 1, Oaklands 83, Lancing comes out as the 176th largest and the 174th most expensive in our analysis of the public data.
It is also £208k less expensive than the average property across the BN15 district.
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Schools Nearby
- 500mSeaside Primary School
- 1.2kmThe Globe Primary Academy
- 1.8kmNorth Lancing Primary School
- 1.6kmThe Sir Robert Woodard Academy
- 2.6kmDavison Church of England High School for Girls, Worthing
- 3.4kmSt Andrew's CofE High School
More reading links
Public Transport Nearby
From Flat 1, Oaklands 83, Lancing, the nearest station is Lancing, 400 metres away.
- 400mLancing
- 2.5kmEast Worthing
- 3.5kmShoreham-by-Sea
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
