48 GRAND AVENUE
Recent sale
£370k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
45 Grand Avenue, Lancing, BN15 9PZ
UPRN:60003542Terrace Property3 bedsBuilt 1930-1949
FreeholdCouncil Tax: Band CEPC: E (45)
Data freshness:Listing· freshListing: fresh, refreshed 2d ago (2026-10-23T04:00:04.135672+00:00)EPC· 4mo agoEPC: stale, refreshed 4mo ago (2026-07-01T02:04:50.057738+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Valuation estimateUpdated yesterday
£324,000
Estimated value
Range: £307k - £340k|Last sold: -- (-)
Estimate of £324k for this terrace property. 312 sales in BN15 in the last 12 months; median £355k.
Estimate confidence
High confidence
Value History
Current estimate
£324k
£307k - £340k - High confidence
Annualised (CAGR)
+1.17%
Over the full window
Peak estimate
£373k
Jun 2026
From peak
-13.14%
Drawdown from peak
AVM estimate (model)Repeat-sales index - BN15 district (quarterly)index YoY +0.64%
Growth by window
3m
-12.90%
6m
-9.24%
12m
-12.67%
24m
-10.74%
60m
+1.25%
Rental Market
Estimated rent (pcm)
£1,400
/ month
Gross yield
5.27%
Rent ÷ asking price
Net yield
3.47%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£355k
BN15 sales, last 12 months
12m Price Growth
-17.8%
BN15 median, Land Registry
Days on Market
92d
BN15 average
Sales & Yield
3 metricsTransactions / 12m
312
BN15 sales
Area Gross Yield
3.32%
BN15 medians
Last Sold
-
-
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£318,500
- SDLT standard£5,925
- SDLT BTL surcharge (5%)£15,925
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£342,450
Funding
- Deposit (25%)£79,625
- Mortgage (75% LTV)£238,875
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£103,575
Monthly Returns
- Monthly Rent (estimate)£1,400
- Mortgage Payment (IO)-£1,045
- Management (10%)-£140
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow+£115
Capital Returns
- 5yr Property Value£364,770
- 5yr Capital Gain (2.75% pa, historical)+£46,270
- 5yr Cumulative Rent (net)+£72,668
- Less mortgage interest-£62,700
- 5yr Total Return+£56,237
Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £327,259 | £88,384 | +£1,380 | +£10,139 | 9.8% |
| Year 2 | £336,258 | £97,383 | +£3,060 | +£20,818 | 20.1% |
| Year 3 | £345,505 | £106,630 | +£5,047 | +£32,052 | 30.9% |
| Year 4 | £355,007 | £116,132 | +£7,347 | +£43,854 | 42.3% |
| Year 5 | £364,770 | £125,895 | +£9,968 | +£56,237 | 54.3% |
Modelled on the live asking price. Capital growth 2.75% a year is the BN15 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£103,575).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
27 GRAND AVENUE
Recent sale
£450k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
48 GRAND AVENUE
Recent sale
£305k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
62 GRAND AVENUE
Recent sale
£430k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£30,217
Median earnings (local authority)
Signal
1,402
Population
Signal
2.6%
Households Deprived