According to the public record, 9 Crabtree Lodge, Lancing is a mid-century leasehold apartment and with 537 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Crabtree Lodge, Crabtree Lane, Lancing, BN15.
Crabtree Lane, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
9 Crabtree Lodge, Lancing has 41 entries in the Land Registry database, most recently in April 2019 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 9 Crabtree Lodge Lancing as £184,084 and the rental value as £954 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 9 Crabtree Lodge Lancing has increased by £3,371 (1.8%) and its rental value has increased by £45 per month (4.7%).
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 9 Crabtree Lodge, Lancing is in very good condition we estimate a sale value of £193,288 and rental value of £1,002 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,198 and a rental value of £887 per month.
If you were able to purchase this property for the estimated value of £184,084, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £905 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 HM Land Registry, 9 Crabtree Lodge, Lancing was last sold on 30 Apr 2019 for £147,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2019, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9 Crabtree Lodge, Lancing within a radius of 0m over the last 2 years.
The most recent example is 3 Crabtree Lodge, Crabtree Lane, Lancing, BN15 9NG, a Leasehold flat which sold for £180,000 in Oct 2022.
Read more about house prices in BN15.
Crabtree Lane, Lancing, BN15 has a total of 165 addresses. According to our analysis of all the public data, 9 Crabtree Lodge, Lancing is the 128th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in BN15.
9 Crabtree Lodge, Lancing has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 28 May 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 9 Crabtree Lodge, 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 9 Crabtree Lodge, 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 9 Crabtree Lodge, 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 9 Crabtree Lodge, 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 9 Crabtree Lodge, 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 9 Crabtree Lodge, 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.