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The Royal The Esplanade is a residential building situated on The Esplanade, Bognor Regis, PO21 with 17 addresses.
It ranks as the 976th largest and 937th most expensive of the 1,037 buildings in the PO21 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 17 properties: 17 flats.
The Royal The Esplanade is a residential building situated on The Esplanade, Bognor Regis, PO21 with 17 addresses.
It ranks as the 976th largest and 937th most expensive of the 1,037 buildings in the PO21 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 17 properties: 17 flats.
Sale prices range from £174,032 for 1 bedroom leasehold flats (409 ft2) to £310,380 for 3 bedroom leasehold flats (1,022 ft2) .
Monthly rental prices range from £983 pcm for 1 bed flats to £1,426 pcm for 3 bed flats.
The gross rental yield is between 5.5% and 6.8%.
The average value per square foot is £373.
The last sale in The Royal The Esplanade sold for £270,000 on 19th May 2022. Since then prices have on average remained the same.
The current average value in the building is £230,287.
The The Royal The Esplanade Sales Market has increased by 8.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.3% | £230,287 |
| May 2025 | 0% | £235,787 |
| May 2024 | -3.2% | £235,744 |
| May 2023 | -0.8% | £243,588 |
| May 2022 | 8.2% | £245,452 |
| May 2021 | 5.5% | £226,763 |
| May 2020 | -0.8% | £214,858 |
| May 2019 | 0.3% | £216,622 |
| May 2018 | 2% | £215,869 |
| May 2017 | 0% | £211,637 |
| May 2016 | 8.3% | £211,544 |
| May 2015 | 8% | £195,385 |
| May 2014 | 3.4% | £180,856 |
| May 2013 | 2.9% | £174,908 |
| May 2012 | -0.9% | £169,917 |
| May 2011 | -2.9% | £171,492 |
| May 2010 | 7.5% | £176,625 |
| May 2009 | -16.6% | £164,252 |
| May 2008 | 2.5% | £197,036 |
| May 2007 | 0% | £192,199 |
The current average rental value in the building is £1,191.
The The Royal The Esplanade Rental Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £1,191pcm |
| May 2025 | 2.5% | £1,149pcm |
| May 2024 | 5.2% | £1,120pcm |
| May 2023 | 6.5% | £1,065pcm |
| May 2022 | 5.7% | £1,000pcm |
| May 2021 | 4.9% | £946pcm |
| May 2020 | 2.6% | £902pcm |
| May 2019 | 0% | £879pcm |
| May 2018 | 0.2% | £879pcm |
| May 2017 | -0.6% | £877pcm |
| May 2016 | 3.8% | £883pcm |
| May 2015 | 3.8% | £850pcm |
| May 2014 | 1.3% | £819pcm |
| May 2013 | 2.1% | £808pcm |
| May 2012 | 0.2% | £792pcm |
| May 2011 | 1.4% | £790pcm |
| May 2010 | 2.9% | £779pcm |
| May 2009 | -7.2% | £758pcm |
| May 2008 | 3.2% | £816pcm |
| May 2007 | 0% | £791pcm |
The last sale was on 19th May 2022 for £270,000 and since then the market in the area has remained stable. The building has had a total of 18 sales since 1995.
The Royal, The Esplanade, Bognor Regis, PO21 1GH has seen no sales in the last three years and no sales in the last twelve months.
The closest station to The Royal, The Esplanade, Bognor Regis, PO21 1GH is Bognor Regis station, which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around The Royal, The Esplanade, Bognor Regis, PO21 1GH, 48.6% of property is privately owned outright and 41.9% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around The Royal, The Esplanade, Bognor Regis, PO21 1GH, 8.2% of residents are recorded as possessing school level qualifications and 20.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around The Royal, The Esplanade, Bognor Regis, PO21 1GH, the average age was 44.2 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around The Royal, The Esplanade, Bognor Regis, PO21 1GH, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around The Royal, The Esplanade, Bognor Regis, PO21 1GH, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.