According to the public record, 23, Chester Avenue, Lancing is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 754 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Chester Avenue, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
23, Chester Avenue, Lancing has a single entry in the Land Registry database from June 2008 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 23 Chester Avenue Lancing as £366,617 and the rental value as £1,422 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 23 Chester Avenue Lancing has increased by £559 (0.2%) and its rental value has increased by £42 per month (2.9%).
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 23, Chester Avenue, Lancing is in very good condition we estimate a sale value of £384,948 and rental value of £1,493 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,954 and a rental value of £1,322 per month.
If you were able to purchase this property for the estimated value of £366,617, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,802 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, 23, Chester Avenue, Lancing was last sold on 27 Jun 2008 for £201,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 89.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Chester Avenue, Lancing within a radius of 570 metres over the last 2 years.
The most recent example is 13, The Crescent, Lancing, BN15 8PH, a Freehold house which sold for £490,000 in May 2023.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chester Avenue, Lancing, BN15 has a total of 106 addresses. According to our analysis of all the public data, 23, Chester Avenue, Lancing is the 53rd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in BN15.
The closest station to 23, Chester Avenue, 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 23, Chester Avenue, Lancing, 69.6% of property is privately owned outright and 21.7% is privately owned with a mortgage.
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 23, Chester Avenue, Lancing, 6.5% of residents are recorded as possessing school level qualifications and 24.3% 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 23, Chester Avenue, 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 23, Chester Avenue, Lancing, 0.8% 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 23, Chester Avenue, 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.