According to the public record, 57, North Road, Lancing is a mid-century apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
North Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
57, North Road, Lancing has no records in the Land Registry database and a single entry in the EPC database dated September 2021.
We combine this information with public data 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 57 North Road Lancing as £199,269 and the rental value as £1,009 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 57 North Road Lancing has increased by £2,733 (1.4%) and its rental value has increased by £43 per month (4.3%).
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 57, North Road, Lancing is in very good condition we estimate a sale value of £209,232 and rental value of £1,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,320 and a rental value of £938 per month.
If you were able to purchase this property for the estimated value of £199,269, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £979 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, North Road, Lancing within a radius of 480 metres over the last 2 years.
The most recent example is 23 St. Bernards Court, Sompting Road, Lancing, BN15 9HH, a Leasehold flat which sold for £235,000 in Jun 2023.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Road, Lancing, BN15 has a total of 108 addresses. According to our analysis of all the public data, 57, North Road, Lancing is the 57th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in BN15.
57, North Road, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2021.
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 57, North Road, Lancing is Lancing station which is 200 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 57, North Road, Lancing, 30.8% of property is privately rented and 29.3% 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 57, North Road, Lancing, 14.2% of residents are recorded as possessing school level qualifications and 22.8% 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 57, North Road, Lancing, the average age was 45.7 and the most common age was 52.
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 57, North Road, 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 57, North Road, Lancing, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.