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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 2, 36A, South Street, Lancing is a mid-century leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 36A, South Street, Lancing is £131,599 and the estimated rental value is £824 per month.
The apartment is within 36A, South Street, Lancing, BN15.
South Street, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
Flat 2, 36A, South Street, Lancing has a single entry in the Land Registry from November 2009 and a single entry in the EPC database dated October 2018.
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.
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 2, 36A, South Street, Lancing is in very good condition we estimate a sale value of £138,179 and a rental value of £865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,387 and a rental value of £766 per month.
Over the last 12 months the sale value of Flat 2 36A South Street Lancing has decreased by an estimated £1,014 (0.8%) and its rental value has increased by an estimated £24 per month (2.9%), giving an expected gross yield of 7.5%.
Flat 2, 36A, South Street, Lancing has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 2, 36A, South Street, Lancing was last sold on 6th November 2009 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2009, the market for similar properties has risen 61.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 36A, South Street, Lancing within a radius of 460 metres over the last 2 years.
The most recent example is Flat 3, Ryecroft Court 24, Penhill Road, Lancing, BN15 8HJ, a leasehold flat which sold for £140,000 on the 22nd January 2024.
Read more about house prices in BN15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Lancing, BN15 has a total of 219 addresses. According to our analysis of all the public data, Flat 2, 36A, South Street, Lancing is the 196th largest and the 219th most expensive property on the street.
When compared to the postcode district it is £216k less expensive than the average property in BN15.
The closest station to Flat 2, 36A, South Street, Lancing is Lancing station which is 100 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 2, 36A, South Street, Lancing, 52.5% of property is privately owned outright and 26.6% is privately 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 Flat 2, 36A, South Street, Lancing, 6.6% of residents are recorded as possessing school level qualifications and 21.0% 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 2, 36A, South Street, 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 Flat 2, 36A, South Street, Lancing, 0.4% 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 2, 36A, South Street, 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.
