According to the public record, Flat 2, Pebble View 62, Lancing is a modern leasehold apartment and with 1,119 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Pebble View, Brighton Road, Lancing, BN15.
Brighton Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
Flat 2, Pebble View 62, Lancing has a single entry in the Land Registry database from February 2024 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 Flat 2 Pebble View 62 Lancing as £329,760 and the rental value as £1,264 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 2 Pebble View 62 Lancing has increased by £5,380 (1.6%) and its rental value has increased by £57 per month (4.5%).
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 Flat 2, Pebble View 62, Lancing is in very good condition we estimate a sale value of £346,247 and rental value of £1,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,676 and a rental value of £1,175 per month.
If you were able to purchase this property for the estimated value of £329,760, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,621 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, Flat 2, Pebble View 62, Lancing was last sold on 06 Feb 2024 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2024, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Pebble View 62, Lancing within a radius of 481m over the last 2 years.
The most recent example is Flat 2, Regal House 47, Penhill Road, Lancing, BN15 8FJ, a Leasehold flat which sold for £313,107 in Mar 2022.
Read more about house prices in BN15.
Brighton Road, Lancing, BN15 has a total of 846 addresses. According to our analysis of all the public data, Flat 2, Pebble View 62, Lancing is the 169th largest and the 279th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in BN15.
Flat 2, Pebble View 62, Lancing has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 May 2019.
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 Flat 2, Pebble View 62, Lancing is Lancing station which is 800 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 Flat 2, Pebble View 62, Lancing, 55.7% of property is privately owned outright and 32.8% 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 Flat 2, Pebble View 62, Lancing, 14.8% of residents are recorded as possessing school level qualifications and 31.6% 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 Flat 2, Pebble View 62, Lancing, the average age was 45.7 and the most common age was 52.
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 Flat 2, Pebble View 62, 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 Flat 2, Pebble View 62, 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.