According to the public record, 32, First Avenue, Lancing is a early-century freehold house and with 1,022 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
First Avenue, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
32, First Avenue, Lancing has 2 entries in the Land Registry database, most recently in July 2022 and no records in the EPC database.
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 32 First Avenue Lancing as £360,174 and the rental value as £1,555 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 32 First Avenue Lancing has increased by £645 (0.2%) and its rental value has increased by £47 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 32, First Avenue, Lancing is in very good condition we estimate a sale value of £378,183 and rental value of £1,633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,962 and a rental value of £1,447 per month.
If you were able to purchase this property for the estimated value of £360,174, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,770 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, 32, First Avenue, Lancing sits on a plot of 193m2.
We have plot size data on 28 out of 49 other houses in the postcode and 32, First Avenue, Lancing sits on the 11th largest plot.
According to HM Land Registry, 32, First Avenue, Lancing was last sold on 03 Jul 2022 for £400,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, First Avenue, Lancing within a radius of 84m over the last 2 years.
The most recent example is 55, First Avenue, Lancing, BN15 9QF, a Freehold house which sold for £425,000 in Mar 2023.
Read more about house prices in BN15.
First Avenue, Lancing, BN15 has a total of 131 addresses. According to our analysis of all the public data, 32, First Avenue, Lancing is the 21st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in BN15.
32, First Avenue, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2022.
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 32, First Avenue, Lancing is Lancing station which is 700 m 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 32, First Avenue, Lancing, 36.0% of property is privately owned outright and 32.4% 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 32, First Avenue, Lancing, 21.5% of residents are recorded as possessing school level qualifications and 22.9% 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 32, First Avenue, Lancing, the average age was 42.8 and the most common age was 12.
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 32, First Avenue, Lancing, 0.6% 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 32, First Avenue, Lancing, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.