Gravelly Crescent, Lancing, West Sussex, BN15
MI

Gravelly Crescent, Lancing, West Sussex, BN15

By Michael Jones & Bacon

£ 325,000

Reviews

2 out of 5 stars

Michael Jones & Bacon says ..

Welcome to this delightful end-of-terrace family home, ideally situated just a short walk from the village centre. This well-maintained three-bedroom property is perfect for first-time buyers and offers a blend of comfort and potential.

Property Oracle says ..

This three-bedroom end-of-terrace house in Lancing, West Sussex, presents a mixed bag. The location is attractive, with relatively easy access to public transport and several schools in the vicinity. However, the proximity of the schools requires a check of their Ofsted ratings to assess their quality. The property itself is in need of modernisation; while structurally sound, the interior design and fittings appear dated, requiring significant updating to enhance its appeal and market value. The kitchen and bathroom require particular attention. The garden, although present, seems modest in size and may not offer extensive outdoor space. The listed price of £325,000 seems competitive within the context of the market data, particularly when considering the potential for value enhancement through modernisation. However, the absence of precise square footage information in the nearby property listings makes a comprehensive price-per-square-foot analysis impossible. Potential buyers should carefully weigh the cost of necessary renovations against the property’s location and overall potential. A thorough survey is recommended before making a final decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
6
Land
4
Bedrooms
3
Bathrooms
1
Sqft (est)
1,054.80

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
830,864.00 £
Increased by 21.56 %
from 683,485.00 £
Est sale value
934,552.80 £
Increased by 57.65 %
from 592,797.60 £
Average area rental value
1,899.00 £/mo
Increased by 17.22 %
from 1,620.00 £/mo
Est letting value
2,109.60 £/mo
Increased by 100.00 %
from 1,054.80 £/mo
Est rental Yield
2.74 %
Decreased by 3.52 %
from 2.84 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Michael Jones & Bacon marked this listing as sold.

  • Michael Jones & Bacon created the listing.

Nearby Schools

NameTypeOfstedDistance
Seaside Primary SchoolAcademy Converter0.73 KM
Lancing Children & Family CentreChildren's Centre0.99 KM
North Lancing Primary SchoolCommunity SchoolGood1.08 KM
Springboard EducationOther Independent Special SchoolRequires improvement1.26 KM
The Globe Primary AcademyAcademy Sponsor LedGood1.29 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Shadwells Court £ 000.00 KM
Speckled Wood Walk £ 362,50000.00 KM
Gatekeepers Drive £ 430,00000.00 KM
Holly Blue Road £ 000.00 KM
Brimstone Road £ 362,50000.00 KM

Nearby Transport

NameNLCTLCDistance
Lancing5275LAC1.11 KM
East Worthing5283EWR4.60 KM
Shoreham-By-Sea5277SSE4.77 KM
Worthing5279WRH6.96 KM
Southwick5286SWK8.72 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gravelly Crescent, Lancing, West Sussex, BN15 £ 325,000BUY5 / 100.00 KM
Shadwells Road, Lancing £ 330,000BUY6 / 100.04 KM
Shadwells Road, Lancing, BN15 £ 315,000BUY7 / 100.04 KM
Gravelly Crescent, Lancing, West Sussex, BN15 £ 325,000BUYUnknown0.05 KM
Gravelly Crescent, Lancing, West Sussex, BN15 £ 350,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
70 Shadwells Road £ 185,0000.04 KM
22 Shadwells Road £ 205,0000.04 KM
54 Shadwells Road £ 183,0000.04 KM
34 Shadwells Road £ 295,0000.04 KM
74 Shadwells Road £ 310,0000.04 KM