Average Price for property in Elm Grove, Lancing, BN15 is around £220,591 which varies based on type of property you are interested in and ranges from £429,557 for detached house to around £232,678 for semi-detached. Similarly terraced house is around £306,284 and a flat is worth £154,479. Values have been changing and have risen £681 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,251 in last 6 months, £14,131 in last 1 year, £25,840 in last 2 years, £31,827 in last 3 years, £30,384 in last 4 years and £28,859 in last 5 years.
Currently average asking price of a property in Elm Grove, Lancing, BN15 is around £283,113 based on approximately 2 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 Elm Grove, Lancing, BN15 is £220,591. Average asking price is £283,113 while average price paid is £181,500 which is up by £14,131 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 Elm Grove, Lancing, BN15 area. In last 1 year alone average price buyer paid is around £181,500 based on approximately 2 sales in Elm Grove, Lancing, BN15 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £181,771. 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 £152,565 for 13 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £154,921 per sale.