According to the public record, 1, Kenwood Quay, Lancing is a mid-century leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kenwood Quay, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
1, Kenwood Quay, Lancing has 31 entries in the Land Registry database, most recently in November 2021 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Kenwood Quay Lancing as £183,415 and the rental value as £962 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 1 Kenwood Quay Lancing has increased by £3,329 (1.8%) and its rental value has increased by £45 per month (4.7%).
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 1, Kenwood Quay, Lancing is in very good condition we estimate a sale value of £192,586 and rental value of £1,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,576 and a rental value of £895 per month.
If you were able to purchase this property for the estimated value of £183,415, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £901 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Kenwood Quay, Lancing was last sold on 15 Nov 2021 for £180,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Kenwood Quay, Lancing within a radius of 650 metres over the last 2 years.
The most recent example is 1 Swan Lodge, Old Salts Farm Road, Lancing, BN15 8JD, a Leasehold flat which sold for £227,000 in Dec 2022.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kenwood Quay, Lancing, BN15 has a total of 6 addresses. According to our analysis of all the public data, 1, Kenwood Quay, Lancing is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in BN15.
1, Kenwood Quay, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1, Kenwood Quay, Lancing is Lancing station which is 800 metres 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 1, Kenwood Quay, Lancing, 51.2% of property is privately owned outright and 24.0% is privately rented.
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 1, Kenwood Quay, Lancing, 7.7% of residents are recorded as possessing school level qualifications and 21.3% 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 1, Kenwood Quay, Lancing, 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 1, Kenwood Quay, Lancing, 2.8% 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 1, Kenwood Quay, Lancing, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.