According to the public record, Flat 5, Marlin Court 32, Lancing is a modern leasehold apartment and with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Marlin Court, Brighton Road, Lancing, BN15.
Brighton Road, Lancing, BN15 is located in the borough of Adur within the BN15 postal district.
Flat 5, Marlin Court 32, Lancing has 41 entries in the Land Registry database, most recently in November 2018 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 5 Marlin Court 32 Lancing as £294,088 and the rental value as £1,085 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 5 Marlin Court 32 Lancing has decreased by £366 (0.1%) and its rental value has increased by £30 per month (2.7%).
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 Flat 5, Marlin Court 32, Lancing is in very good condition we estimate a sale value of £308,793 and rental value of £1,139 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,502 and a rental value of £1,009 per month.
If you were able to purchase this property for the estimated value of £294,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,445 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 5, Marlin Court 32, Lancing was last sold on 02 Nov 2018 for £194,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Nov 2018, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Marlin Court 32, Lancing within a radius of 0m over the last 2 years.
The most recent example is Flat 13, Marlin Court 32, Brighton Road, Lancing, BN15 8EX, a Leasehold flat which sold for £330,000 in Apr 2024.
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 5, Marlin Court 32, Lancing is the 513th largest and the 330th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in BN15.
Flat 5, Marlin Court 32, Lancing has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2018.
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 Flat 5, Marlin Court 32, 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 Flat 5, Marlin Court 32, Lancing, 40.6% of property is privately owned outright and 38.7% is privately rented.
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 5, Marlin Court 32, Lancing, 9.8% of residents are recorded as possessing school level qualifications and 38.0% 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 5, Marlin Court 32, 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 Flat 5, Marlin Court 32, Lancing, 3.4% 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 5, Marlin Court 32, Lancing, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.