Ground Floor Flat, 1 Grace Cottages
Ground Floor Flat, 1 Grace Cottages
Description & Estimates
The public record lists Ground Floor Flat, 1 Grace Cottages, East Street, Lancing as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 504 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Ground Floor Flat, 1 Grace Cottages, East Street, Lancing has an estimated sale value of £181,758 and an estimated rental value of £1,029 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, East Street, Lancing, BN15.
East Street, Lancing, BN15 lies in the borough of Adur, within the BN15 postal district.
Our Data Sources
Ground Floor Flat, 1 Grace Cottages, East Street, Lancing has 41 entries in the Land Registry , most recently in April 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Ground Floor Flat, 1 Grace Cottages, East Street, Lancing would be worth £190,846, with a potential rental value of £1,080 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £169,035, with a rental value of £957 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 Ground Floor Flat, 1 Grace Cottages, East Street, Lancing has moved down by £1,431 (0.8%) over the last year. During the same period, its estimated monthly rental value has increased by £29 (2.8%). The property's estimated gross yield is currently 6.8%.
Sold Prices
Ground Floor Flat, 1 Grace Cottages, East Street, Lancing last changed hands on 15th April 2014, selling for £112,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 42.0% since April 2014.
- Sold Apr 2014£112,500
- Sold Oct 2009£92,000
- Sold Nov 2003£86,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of Ground Floor Flat, 1 Grace Cottages, East Street, Lancing across the last 2 years.
Most recently, Flat 11, Victoria Court 142-152, South Street, Lancing, BN15 8BE, a leasehold flat, sold at £216,000 on the 16th January 2024.
Read more about house prices in BN15.
- Sold Jan 2024£216,000 | 2 Bed FlatVictoria Court 142-152, South StreetFlat 11, Victoria Court 142-152, South Street, Lancing, BN15 8BE
- Sold Oct 2023£162,000 | 1 Bed FlatRyecroft Court 24, Penhill RoadFlat 12, Ryecroft Court 24, Penhill Road, Lancing, BN15 8HJ
- Sold Apr 2022£228,000 | 2 Bed FlatVictoria Court 142-152, South StreetFlat 5, Victoria Court 142-152, South Street, Lancing, BN15 8BE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Ground Floor Flat, 1 Grace Cottages, East Street, Lancing as the 13th largest and the 13th most expensive of the 15 addresses on East Street, Lancing, BN15.
Against the BN15 postcode district average, it is £165k less expensive than the typical property.
More reading links
Schools Nearby
- 900mSeaside Primary School
- 1.3kmThe Globe Primary Academy
- 1.9kmSompting Village Primary School
- 1.6kmThe Sir Robert Woodard Academy
- 2.3kmDavison Church of England High School for Girls, Worthing
- 3.1kmSt Andrew's CofE High School
More reading links
Public Transport Nearby
Lancing station is the nearest stop to Ground Floor Flat, 1 Grace Cottages, East Street, Lancing at 600 metres away.
- 600mLancing
- 2.2kmEast Worthing
- 3.7kmWorthing
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 very low risk of flooding.
