According to the public record, 41, Orchard Avenue, Lancing is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 903 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Orchard Avenue, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
41, Orchard Avenue, Lancing has 31 entries in the Land Registry database, most recently in May 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 41 Orchard Avenue Lancing as £342,913 and the rental value as £1,492 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 41 Orchard Avenue Lancing has increased by £614 (0.2%) and its rental value has increased by £45 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 41, Orchard Avenue, Lancing is in very good condition we estimate a sale value of £360,059 and rental value of £1,567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,909 and a rental value of £1,388 per month.
If you were able to purchase this property for the estimated value of £342,913, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,685 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, 41, Orchard Avenue, Lancing was last sold on 22 May 2008 for £200,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2008, the market for similar properties has risen 85.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Orchard Avenue, Lancing within a radius of 101m over the last 2 years.
The most recent example is 81, First Avenue, Lancing, BN15 9QF, a Freehold house which sold for £358,000 in Jul 2023.
Read more about house prices in BN15.
Orchard Avenue, Lancing, BN15 has a total of 86 addresses. According to our analysis of all the public data, 41, Orchard Avenue, Lancing is the 48th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £348 less expensive than the average property in BN15.
The closest station to 41, Orchard Avenue, Lancing is Lancing station which is 800 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 41, Orchard Avenue, Lancing, 52.7% of property is privately owned with a mortgage and 32.8% 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 41, Orchard Avenue, Lancing, 21.6% of residents are recorded as possessing school level qualifications and 21.1% 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 41, Orchard 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 41, Orchard 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 41, Orchard Avenue, Lancing, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.