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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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Flat 9, 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 9, 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.
Flat 9, Oaklands 83, Lancing has 51 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated July 2018.
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.
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 9, 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.
Over the last year, Flat 9, Oaklands 83, Lancing has seen its estimated sale value decline by £1,074 (0.8%) and its estimated rental value climb by £24 per month (2.9%). This results in an estimated gross rental yield of 7.2%.
Flat 9, Oaklands 83, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of Flat 9, Oaklands 83, Lancing completed on 8th July 2022 at £173,500 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 5.8% over the period since July 2022.
Over the past 2 years 3 properties similar to Flat 9, 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 186 addresses on Penhill Road, Lancing, BN15, Flat 9, Oaklands 83, Lancing comes out as the 168th largest and the 168th most expensive in our analysis of the public data.
It is also £208k less expensive than the average property across the BN15 district.
From Flat 9, Oaklands 83, Lancing, the nearest station is Lancing, 400 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, Oaklands 83, Lancing, 39.2% of property is privately rented 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 9, Oaklands 83, Lancing, 18.8% of residents are recorded as possessing school level qualifications and 26.0% 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 9, Oaklands 83, 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 9, Oaklands 83, Lancing, 0.0% 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 9, Oaklands 83, Lancing, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
