According to the public record, 88, Brook Way, Lancing is a mid-century freehold house with 742 ft2 of internal area and sits on a 107 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Brook Way, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
88, Brook Way, Lancing has a single entry in the Land Registry database from July 2015 and a single entry in the EPC database dated October 2015.
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 88 Brook Way Lancing as £322,374 and the rental value as £1,395 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 88 Brook Way Lancing has increased by £415 (0.1%) and its rental value has increased by £42 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 88, Brook Way, Lancing is in very good condition we estimate a sale value of £338,493 and rental value of £1,464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,808 and a rental value of £1,297 per month.
If you were able to purchase this property for the estimated value of £322,374, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,584 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, 88, Brook Way, Lancing sits on a plot of 107m2.
We have plot size data on 21 out of 32 other houses in the postcode and 88, Brook Way, Lancing sits on the 20th largest plot.
According to HM Land Registry, 88, Brook Way, Lancing was last sold on 31 Jul 2015 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2015, the market for similar properties has risen 36.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, Brook Way, Lancing within a radius of 520 metres over the last 2 years.
The most recent example is 66, Brook Way, Lancing, BN15 8DH, a Freehold house which sold for £258,000 in Apr 2023.
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, 88, Brook Way, Lancing is the 48th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in BN15.
88, Brook Way, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Oct 2015.
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 88, 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 88, Brook Way, Lancing, 43.0% of property is privately owned outright and 33.3% 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 88, Brook Way, Lancing, 17.2% of residents are recorded as possessing school level qualifications and 22.6% 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 88, 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 88, Brook Way, 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 88, Brook Way, Lancing, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.