According to the public record, 7, Irene Avenue, Lancing is a mid-century freehold house and with 635 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Irene Avenue, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
7, Irene Avenue, Lancing has 51 entries in the Land Registry database, most recently in December 2020 and no records in the EPC database.
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 Irene Avenue Lancing as £296,491 and the rental value as £1,276 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 7 Irene Avenue Lancing has increased by £1,163 (0.4%) and its rental value has increased by £42 per month (3.3%).
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 7, Irene Avenue, Lancing is in very good condition we estimate a sale value of £311,316 and rental value of £1,340 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,737 and a rental value of £1,187 per month.
If you were able to purchase this property for the estimated value of £296,491, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,457 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, Irene Avenue, Lancing sits on a plot of 251m2.
We have plot size data on 21 out of 26 other houses in the postcode and 7, Irene Avenue, Lancing sits on the 20th largest plot.
According to HM Land Registry, 7, Irene Avenue, Lancing was last sold on 16 Dec 2020 for £310,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Dec 2020, the market for similar properties has risen 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Irene Avenue, Lancing within a radius of 438m over the last 2 years.
The most recent example is 17, Penstone Park, Lancing, BN15 9AJ, a Freehold house which sold for £315,000 in Oct 2023.
Read more about house prices in BN15.
Irene Avenue, Lancing, BN15 has a total of 60 addresses. According to our analysis of all the public data, 7, Irene Avenue, Lancing is the 60th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in BN15.
7, Irene Avenue, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2018.
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 7, Irene Avenue, Lancing is Lancing station which is 700 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 7, Irene Avenue, Lancing, 44.3% of property is privately owned with a mortgage and 31.2% 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 7, Irene Avenue, Lancing, 24.0% 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, Irene 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 7, Irene 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 7, Irene Avenue, Lancing, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.