Flat 2, Chelmer House South Street, Lancing, BN15 8BD is a leasehold flat built between 1967-1975. The property offers approximately 548 square feet of living space and is situated on the 1st floor of a 3-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £163,658 , which equates to approximately £298 per square foot. It was last sold on 11 Feb 2011 for £102,000. Since then, the value has increased by £61,658, representing a 60.4% increase, or approximately 4.1% per year.

The current estimated value of £163,658 is:

  • 25.4% lower than the average property price on South Street
  • 24.2% lower than the average in the BN15 8BD postcode area
  • and 51.6% lower than the average price for Lancing as a whole

At the most recent EPC inspection on 24 November 2010, the property was recorded as owner-occupied.

View sold house prices in BN15 8BD

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
548 sq ft
Tenure
Leasehold
Floor level
1st floor of 3
Price (estimate)
£163,658
Price Per sq ft (estimate)
£298
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Chelmer House South Street, Lancing, Adur, West Sussex, BN15 8BD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Nov 2010.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to BN15 8BD

13 th / 20
Price Rank
24% lower than average
8 th / 14
Size Rank
11% smaller than average
10 th / 14
Price Per Sq FT Rank
15% lower than average

Compared to other properties in BN15 8BD , this flat's estimated value ranks 13th out of 20. Based on price per square foot, it ranks 10th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 14 properties in its postcode area.

Sale History

Today
£163,658
streetscan.co.uk estimate
+60 %
11 Feb 2011
£102,000
Leasehold
+14 %
21 May 2004
£89,500
Leasehold
+141.9 %
24 Apr 1998
£37,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £129,000
sale date: 30 Jan 2015
rooms: 2
size: 603 sq ft
sale price: £109,950
sale date: 9 Sep 2013
rooms: 3
size: 560 sq ft
sale price: £215,000
sale date: 15 Mar 2022
rooms: 2
size: 517 sq ft
sale price: £175,000
sale date: 17 Sep 2021
rooms: 2
size: 506 sq ft
sale price: £125,000
sale date: 17 Mar 2021

Data Sources

The property at Flat 2, Chelmer House South Street, Lancing, BN15 8BD appears three times in the Land Registry records, with the latest transaction recorded on 11 Feb 2011. It also has a single Energy Performance Certificate (EPC) from 24 Nov 2010. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.