According to the public record, 55, Brook Way, Lancing is a mid-century freehold house with 635 ft2 of internal area and sits on a 207 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Brook Way, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
55, Brook Way, Lancing has 3 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated July 2022.
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 55 Brook Way Lancing as £316,964 and the rental value as £1,288 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 55 Brook Way Lancing has increased by £875 (0.3%) and its rental value has increased by £40 per month (3.1%).
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 55, Brook Way, Lancing is in very good condition we estimate a sale value of £332,813 and rental value of £1,352 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,777 and a rental value of £1,198 per month.
If you were able to purchase this property for the estimated value of £316,964, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,558 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, 55, Brook Way, Lancing sits on a plot of 207m2.
We have plot size data on 23 out of 30 other houses in the postcode and 55, Brook Way, Lancing sits on the 18th largest plot.
According to HM Land Registry, 55, Brook Way, Lancing was last sold on 31 May 2023 for £315,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Brook Way, Lancing within a radius of 480 metres over the last 2 years.
The most recent example is 11, Milton Close, Lancing, BN15 8BX, a Freehold house which sold for £330,000 in Apr 2024.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Way, Lancing, BN15 has a total of 91 addresses. According to our analysis of all the public data, 55, Brook Way, Lancing is the 59th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in BN15.
55, Brook Way, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 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 55, Brook Way, Lancing is Lancing station which is 500 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 55, Brook Way, Lancing, 54.3% of property is privately owned outright and 36.2% 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 55, Brook Way, Lancing, 12.0% of residents are recorded as possessing school level qualifications and 20.1% 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 55, Brook Way, 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 55, Brook Way, 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 55, Brook Way, Lancing, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.