According to the public record, 7, Freshbrook Road, Lancing is a early-century freehold house with 635 ft2 of internal area and sits on a 88.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Freshbrook Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
7, Freshbrook Road, Lancing has 21 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated October 2021.
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 7 Freshbrook Road Lancing as £260,659 and the rental value as £1,216 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 7 Freshbrook Road Lancing has increased by £719 (0.3%) and its rental value has increased by £38 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 7, Freshbrook Road, Lancing is in very good condition we estimate a sale value of £273,691 and rental value of £1,276 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,412 and a rental value of £1,131 per month.
If you were able to purchase this property for the estimated value of £260,659, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,281 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, 7, Freshbrook Road, Lancing sits on a plot of 89m2.
We have plot size data on 33 out of 48 other houses in the postcode and 7, Freshbrook Road, Lancing sits on the 32nd largest plot.
According to HM Land Registry, 7, Freshbrook Road, Lancing was last sold on 03 Feb 2022 for £255,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2022, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Freshbrook Road, Lancing within a radius of 530 metres over the last 2 years.
The most recent example is 71, Brook Way, Lancing, BN15 8DH, a Freehold house which sold for £370,000 in Jan 2022.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Freshbrook Road, Lancing, BN15 has a total of 206 addresses. According to our analysis of all the public data, 7, Freshbrook Road, Lancing is the 123rd largest and the 111th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in BN15.
7, Freshbrook Road, Lancing has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
The closest station to 7, Freshbrook Road, Lancing is Lancing station which is 400 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 7, Freshbrook Road, Lancing, 59.8% of property is privately owned outright and 20.5% 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 7, Freshbrook Road, Lancing, 9.2% of residents are recorded as possessing school level qualifications and 20.6% 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 7, Freshbrook Road, 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 7, Freshbrook Road, 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 7, Freshbrook Road, Lancing, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.