Values have been changing and have risen £512 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,693 in last 6 months, £10,626 in last 1 year, £19,430 in last 2 years, £23,934 in last 3 years, £22,849 in last 4 years and £21,703 in last 5 years.
Currently average asking price of a property in Birch Close, Lancing, BN15 is around £283,113 based on approximately 3 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,265 per month.
Estimated property value in Birch Close, Lancing, BN15 is £154,378. Average asking price is £283,113 while average price paid is £151,650 which is up by £10,626 and Avg. asking rent £1,265.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Birch Close, Lancing, BN15 area. In last 1 year alone average price buyer paid is around £151,650 based on approximately 3 sales in Birch Close, Lancing, BN15 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £151,650. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £150,487 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £144,490 per sale.