According to the public record, 10, Beachcroft Place, Lancing is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Beachcroft Place, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
10, Beachcroft Place, Lancing has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated December 2018.
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 10 Beachcroft Place Lancing as £216,879 and the rental value as £1,060 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 10 Beachcroft Place Lancing has increased by £3,824 (1.8%) and its rental value has increased by £49 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 10, Beachcroft Place, Lancing is in very good condition we estimate a sale value of £227,723 and rental value of £1,113 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,698 and a rental value of £986 per month.
If you were able to purchase this property for the estimated value of £216,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,066 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, 10, Beachcroft Place, Lancing was last sold on 22 Nov 2019 for £185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Beachcroft Place, Lancing within a radius of 510 metres over the last 2 years.
The most recent example is 44, Beachcroft Place, Lancing, BN15 8JN, a Leasehold flat which sold for £225,000 in Jun 2023.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beachcroft Place, Lancing, BN15 has a total of 109 addresses. According to our analysis of all the public data, 10, Beachcroft Place, Lancing is the 25th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in BN15.
10, Beachcroft Place, Lancing has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 10, Beachcroft Place, Lancing is Lancing station which is 600 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 10, Beachcroft Place, Lancing, 52.8% of property is socially rented and 25.2% 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 10, Beachcroft Place, Lancing, 17.2% of residents are recorded as possessing school level qualifications and 23.1% 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 10, Beachcroft Place, 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 10, Beachcroft Place, 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 10, Beachcroft Place, 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.