Average Price for property in Grasmere Avenue, Sompting, Lancing, BN15 is around £345,878 which varies based on type of property you are interested in and ranges from £354,938 for detached house to around £309,637 for semi-detached. Values have been changing and have risen £1,116 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,689 in last 6 months, £23,166 in last 1 year, £42,363 in last 2 years, £52,176 in last 3 years, £49,808 in last 4 years and £47,305 in last 5 years.
Currently average asking price of a property in Grasmere Avenue, Sompting, Lancing, BN15 is around £283,113 based on approximately 1 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 Grasmere Avenue, Sompting, Lancing, BN15 is £345,878. Average asking price is £283,113 while average price paid is £248,000 which is up by £23,166 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 Grasmere Avenue, Sompting, Lancing, BN15 area. In last 1 year alone average price buyer paid is around £248,000 based on approximately 1 sales in Grasmere Avenue, Sompting, Lancing, BN15 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £265,250. 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 £265,250 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £281,600 per sale.