BN15 8LY is a residential postcode located on West Way, Lancing, BN15. It is the 870th largest postcode in the BN15 area.
It contains 22 houses and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £243,347. Sales values have increased in the last 12 months by 0.4% and Rental values have increased by 3.5%.
Property sale values range from £206,365 for a freehold house, with 2 bedrooms split across 420 square feet of gross internal area and has a garden to £397,006 for a freehold house, with 4 bedrooms split across 1,324 square feet of gross internal area and has a garden.
Average £/ft2 for properties in BN15 8LY is £442/ft2.
Properties achieve a rental yield of between 5% and 5.7%, and rental values range from £970 to £1,739 per month.
The last sale was 07 Nov 2023 for £250,000 and since then the market in the area as increased by 1.3%. The postcode has had a total of 4 sales since 1995.
BN15 8LY has seen 2 sales in the last three years and 1 sale in the last twelve months.
BN15 8LY is the 870th largest and the 540th most expensive postcode out of the 1,104 postcodes in the BN15 area.
BN15 8LY is a residential postcode located on West Way, Lancing, BN15 with 22 houses within its bounds.
The most common property type in BN15 8LY is a early-century house built between 1912 and 1935.
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to BN15 8LY is Lancing station which is 1.5 km away.
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 BN15 8LY, 37.8% of property is privately owned with a mortgage and 35.7% is privately owned outright.
The graph below shows how this compares to Greater London 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 BN15 8LY, 19.2% of residents are recorded as possessing school level qualifications and 28.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around BN15 8LY, the average age was 45.7 and the most common age was 52.
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 BN15 8LY, 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 BN15 8LY, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.