Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

Lancing, BN15 current market prices

The price growth in Lancing is lower than the national average, with the 2 year growth at 1.4 times the national average. Compared to other areas, BN15 is a relatively inexpensive area, with an average price -13.8% lower than the national average. The average house price in Lancing, BN15 is £266,397 and the average rent is £916.

BN15 Current Averages

Market characteristic BN15 district National BN15 against national
Average price £266,397 £308,989 -13.8%
Average rent £1,292 £916 41.1%
Sales per month 15 8 (51,652 Total) +87.5%


BN15 Growth trends

Growth rate BN15 district National
2yr house growth -33.5% -24.3%
2yr CAGR -18.5% -13%
Last 12 months house price growth -26.1% -22.8%


BN15 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £266,397 £360,308 £400,612 £338,583 View houses for sale in BN15
Flats £0 £201,038 £198,421 £200,143 View flats for sale in BN15
Detached £0 £484,024 £469,648 £826,667 View detached for sale in BN15
Semi-detached £0 £387,650 £378,880 £393,611 View semi-detached for sale in BN15
Terraced £0 £339,286 £330,174 £318,090 View terraced for sale in BN15
Bungalows N/A N/A N/A £402,391 View bungalows for sale in BN15

Type Historical Average Price
All properties to rent £1,349 View houses for rent in BN15
Flats for rent £995 View flats for rent in BN15
Detached for rent N/A View detached for rent in BN15
Semi-detached for rent £1,500 View semi-detached for rent in BN15
Terraced for rent £1,400 View terraced for rent in BN15
Bungalows for rent N/A View bungalows for rent in BN15



Current market notes

The data above illustrates the relative proportions different types of property in the BN15 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all BN15 sales since 1995. The growth trends table shows the change in average house price for the BN15 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.