According to the public record, 2A, Monks Avenue, Lancing is a mid-century freehold house and with 904 ft2 of internal area and sits on a 569 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Monks Avenue, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
2A, Monks Avenue, Lancing has 51 entries in the Land Registry database, most recently in April 2021 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 2A Monks Avenue Lancing as £387,331 and the rental value as £1,584 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 2A Monks Avenue Lancing has increased by £694 (0.2%) and its rental value has increased by £48 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 2A, Monks Avenue, Lancing is in very good condition we estimate a sale value of £406,698 and rental value of £1,664 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,218 and a rental value of £1,474 per month.
If you were able to purchase this property for the estimated value of £387,331, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,904 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, 2A, Monks Avenue, Lancing sits on a plot of 569m2.
We have plot size data on 23 out of 38 other houses in the postcode and 2A, Monks Avenue, Lancing sits on the largest plot.
According to HM Land Registry, 2A, Monks Avenue, Lancing was last sold on 26 Apr 2021 for £377,500 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Apr 2021, the market for similar properties has risen 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Monks Avenue, Lancing within a radius of 215m over the last 2 years.
The most recent example is 7, North Farm Road, Lancing, BN15 9BS, a Freehold house which sold for £337,000 in Feb 2024.
Read more about house prices in BN15.
Monks Avenue, Lancing, BN15 has a total of 38 addresses. According to our analysis of all the public data, 2A, Monks Avenue, Lancing is the 19th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £44k more expensive than the average property in BN15.
2A, Monks Avenue, Lancing has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Feb 2017.
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 2A, Monks Avenue, Lancing is Lancing station which is 600 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 2A, Monks Avenue, Lancing, 48.1% of property is privately owned outright and 36.6% 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 2A, Monks Avenue, Lancing, 19.1% of residents are recorded as possessing school level qualifications and 29.8% 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 2A, Monks 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 2A, Monks Avenue, Lancing, 0.3% 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 2A, Monks Avenue, Lancing, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.