Average Price for property in West Street, Sompting, Lancing, BN15 is around £278,281 which varies based on type of property you are interested in and ranges from £483,331 for detached house to around £303,935 for semi-detached. Similarly terraced house is around £281,415 and a flat is worth £163,237. Values have been changing and have risen £861 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,846 in last 6 months, £17,864 in last 1 year, £32,667 in last 2 years, £40,235 in last 3 years, £38,408 in last 4 years and £36,476 in last 5 years.
Currently average asking price of a property in West Street, Sompting, Lancing, BN15 is around £283,113 based on approximately 4 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 West Street, Sompting, Lancing, BN15 is £278,281. Average asking price is £283,113 while average price paid is £342,487 which is up by £17,864 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 West Street, Sompting, Lancing, BN15 area. In last 1 year alone average price buyer paid is around £342,487 based on approximately 4 sales in West Street, Sompting, Lancing, BN15 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £229,695. 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 £196,544 for 18 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £194,607 per sale.