According to the public record, 4, Chester Avenue, Lancing is a early-century freehold house with 821 ft2 of internal area and sits on a 419 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chester Avenue, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
4, Chester Avenue, Lancing has 31 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated August 2010.
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 4 Chester Avenue Lancing as £376,033 and the rental value as £1,533 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 4 Chester Avenue Lancing has increased by £574 (0.2%) and its rental value has increased by £45 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 4, Chester Avenue, Lancing is in very good condition we estimate a sale value of £394,835 and rental value of £1,610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £349,711 and a rental value of £1,426 per month.
If you were able to purchase this property for the estimated value of £376,033, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,848 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, 4, Chester Avenue, Lancing sits on a plot of 419m2.
We have plot size data on 9 out of 12 other houses in the postcode and 4, Chester Avenue, Lancing sits on the 2nd largest plot.
According to HM Land Registry, 4, Chester Avenue, Lancing was last sold on 27 Aug 2015 for £395,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2015, the market for similar properties has risen 35.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Chester Avenue, Lancing within a radius of 610 metres over the last 2 years.
The most recent example is 25, The Drive, Lancing, BN15 8PT, a Freehold house which sold for £397,500 in Mar 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, 4, Chester Avenue, Lancing is the 38th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in BN15.
4, Chester Avenue, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2010.
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 4, Chester Avenue, 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 4, Chester Avenue, Lancing, 38.4% of property is privately owned with a mortgage and 23.9% 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 4, Chester Avenue, Lancing, 22.1% of residents are recorded as possessing school level qualifications and 31.6% 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 4, 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 4, Chester Avenue, 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 4, 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.