PO21 1LU is a residential postcode situated on Albert Road, Bognor Regis, PO21 with 7 addresses.
It ranks as the 300th largest and 322nd most expensive of the 1,285 postcodes in the PO21 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 flats.
PO21 1LU is a residential postcode situated on Albert Road, Bognor Regis, PO21 with 7 addresses.
It ranks as the 300th largest and 322nd most expensive of the 1,285 postcodes in the PO21 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 flats.
Sale prices range from £188,662 for 2 bedroom leasehold flats with a balcony (688 ft2) to £285,497 for 3 bedroom leasehold flats with a balcony (1,442 ft2) .
Monthly rental prices range from £976 pcm for 2 bed flats to £1,335 pcm for 3 bed flats.
The gross rental yield is between 5.6% and 6.2%.
The average value per square foot is £261.
The last sale in PO21 1LU sold for £278,000 on 24th May 2024. Since then prices are down an average of 3.0%.
The current average value in the postcode is £221,675.
The PO21 1LU Sales Market has increased by 6.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £221,675 |
| April 2025 | -0.6% | £226,648 |
| April 2024 | -4.8% | £228,028 |
| April 2023 | 0.4% | £239,502 |
| April 2022 | 8% | £238,570 |
| April 2021 | 5.1% | £220,820 |
| April 2020 | -1.2% | £210,011 |
| April 2019 | 1.4% | £212,469 |
| April 2018 | 0% | £209,588 |
| April 2017 | 1% | £209,549 |
| April 2016 | 9.5% | £207,384 |
| April 2015 | 7.5% | £189,378 |
| April 2014 | 3.4% | £176,239 |
| April 2013 | 5.2% | £170,438 |
| April 2012 | -1.2% | £161,937 |
| April 2011 | -3.6% | £163,923 |
| April 2010 | 5.4% | £169,966 |
| April 2009 | -14.4% | £161,185 |
| April 2008 | 4.2% | £188,393 |
| April 2007 | 0% | £180,878 |
The current average rental value in the postcode is £1,085.
The PO21 1LU Rental Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,085pcm |
| April 2025 | 1.8% | £1,048pcm |
| April 2024 | 4.6% | £1,029pcm |
| April 2023 | 6.8% | £983pcm |
| April 2022 | 5.2% | £921pcm |
| April 2021 | 4.8% | £876pcm |
| April 2020 | 1.9% | £836pcm |
| April 2019 | 1% | £821pcm |
| April 2018 | -1.9% | £812pcm |
| April 2017 | 0.3% | £828pcm |
| April 2016 | 4.4% | £826pcm |
| April 2015 | 3.1% | £791pcm |
| April 2014 | 0.8% | £767pcm |
| April 2013 | 4.7% | £761pcm |
| April 2012 | 0.2% | £727pcm |
| April 2011 | 1.7% | £726pcm |
| April 2010 | 1.4% | £714pcm |
| April 2009 | -5.5% | £704pcm |
| April 2008 | 4.3% | £745pcm |
| April 2007 | 0% | £714pcm |
The last sale was on 24th May 2024 for £278,000 and since then the market in the area has decreased by 3.0%. The postcode has had a total of 18 sales since 1995.
PO21 1LU has seen 3 sales in the last three years and no sales in the last twelve months.
PO21 1LU is the 300th largest and the 322nd most expensive postcode out of the 1,285 postcodes in the PO21 area.
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The closest station to PO21 1LU is Bognor Regis station which is 600 metres away.
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