Average Price for property in Downlands Close, Sompting, Lancing, BN15 is around £249,721 which varies based on type of property you are interested in and ranges from £234,525 for detached house to around £252,760 for semi-detached. Values have been changing and have risen £819 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,708 in last 6 months, £17,006 in last 1 year, £31,100 in last 2 years, £38,305 in last 3 years, £36,565 in last 4 years and £34,727 in last 5 years.
Currently average asking price of a property in Downlands Close, Sompting, Lancing, BN15 is around £283,113 based on approximately 0 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 Downlands Close, Sompting, Lancing, BN15 is £249,721. Average asking price is £283,113 while average price paid is £207,500 which is up by £38,305 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 Downlands Close, Sompting, Lancing, BN15 area. In last 3 years alone average price buyer paid is around £207,500 based on approximately 2 sales in Downlands Close, Sompting, Lancing, BN15 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £207,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £196,666 for 3 per sale.