According to the public record, 71, South Street, Lancing is a period house with 979 ft2 of internal area and sits on a 127 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
South Street, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
71, South Street, Lancing has no records in the Land Registry database and a single entry in the EPC database dated March 2017.
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 71 South Street Lancing as £368,659 and the rental value as £1,550 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 71 South Street Lancing has increased by £592 (0.2%) and its rental value has increased by £47 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 71, South Street, Lancing is in very good condition we estimate a sale value of £387,092 and rental value of £1,627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,853 and a rental value of £1,441 per month.
If you were able to purchase this property for the estimated value of £368,659, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,812 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, 71, South Street, Lancing sits on a plot of 127m2.
We have plot size data on 5 out of 8 other houses in the postcode and 71, South Street, Lancing sits on the 9th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, South Street, Lancing within a radius of 470 metres over the last 2 years.
The most recent example is Seacott, East Street, Lancing, BN15 8BB, a Freehold house which sold for £350,000 in Apr 2023.
Read more about house prices in BN15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Street, Lancing, BN15 has a total of 215 addresses. According to our analysis of all the public data, 71, South Street, Lancing is the 32nd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in BN15.
71, South Street, Lancing has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Mar 2017.
The property is not connected to mains gas and has mostly double glazing. It is heated using Room heaters, electric.
The closest station to 71, South Street, 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 71, South Street, Lancing, 38.0% of property is privately rented and 32.5% 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 71, South Street, Lancing, 10.3% of residents are recorded as possessing school level qualifications and 26.4% 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 71, South Street, 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 71, South Street, Lancing, 1.4% 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 71, South Street, 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.