According to the public record, 129, Kings Road, Lancing is a early-century freehold house with 979 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Kings Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
129, Kings Road, Lancing has 21 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated July 2014.
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 129 Kings Road Lancing as £385,391 and the rental value as £1,589 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 129 Kings Road Lancing has increased by £619 (0.2%) and its rental value has increased by £48 per month (3.0%).
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 129, Kings Road, Lancing is in very good condition we estimate a sale value of £404,661 and rental value of £1,668 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,414 and a rental value of £1,477 per month.
If you were able to purchase this property for the estimated value of £385,391, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,894 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 data from HM Land Registry, 129, Kings Road, Lancing sits on a plot of 235m2.
We have plot size data on 11 out of 24 other houses in the postcode and 129, Kings Road, Lancing sits on the 9th largest plot.
According to HM Land Registry, 129, Kings Road, Lancing was last sold on 20 May 2021 for £305,200 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 5.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 129, Kings Road, Lancing within a radius of 460 metres over the last 2 years.
The most recent example is 62, Kings Road, Lancing, BN15 8DY, a Freehold house which sold for £458,000 in Jul 2022.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kings Road, Lancing, BN15 has a total of 162 addresses. According to our analysis of all the public data, 129, Kings Road, Lancing is the 66th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in BN15.
129, Kings Road, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jul 2014.
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 129, Kings Road, Lancing is Lancing station which is 300 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 129, Kings Road, Lancing, 33.3% of property is privately owned with a mortgage and 31.4% 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 129, Kings Road, Lancing, 14.6% of residents are recorded as possessing school level qualifications and 30.3% 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 129, Kings Road, 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 129, Kings Road, Lancing, 1.3% 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 129, Kings Road, 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.