PO22 7BG is a residential postcode situated on Summerley Lane, Bognor Regis, PO22 with 16 addresses.
It ranks as the 600th largest and 438th most expensive of the 962 postcodes in the PO22 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 16 properties: 16 flats.
PO22 7BG is a residential postcode situated on Summerley Lane, Bognor Regis, PO22 with 16 addresses.
It ranks as the 600th largest and 438th most expensive of the 962 postcodes in the PO22 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 16 properties: 16 flats.
Sale prices range from £294,178 for 3 bedroom leasehold flats with a balcony (850 ft2) to £360,482 for 3 bedroom leasehold flats with a balcony (1,194 ft2) .
Monthly rental prices range from £1,177 pcm for 3 bed flats to £1,223 pcm for 3 bed flats.
The gross rental yield is between 3.9% and 5.0%.
The average value per square foot is £320.
The last sale in PO22 7BG sold for £262,000 on 12th December 2024. Since then prices are down an average of 0.8%.
The current average value in the postcode is £330,027.
The PO22 7BG Sales Market has increased by 10.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £330,027 |
| April 2025 | 0.1% | £334,025 |
| April 2024 | -5.3% | £333,757 |
| April 2023 | 0.7% | £352,378 |
| April 2022 | 10% | £350,044 |
| April 2021 | 5.1% | £318,152 |
| April 2020 | 0.6% | £302,648 |
| April 2019 | -1.1% | £300,893 |
| April 2018 | 0.1% | £304,185 |
| April 2017 | 2% | £304,012 |
| April 2016 | 10.4% | £297,944 |
| April 2015 | 9.2% | £269,968 |
| April 2014 | 5.7% | £247,297 |
| April 2013 | 3.3% | £233,957 |
| April 2012 | -1.6% | £226,569 |
| April 2011 | -2% | £230,255 |
| April 2010 | 4.2% | £235,064 |
| April 2009 | -11.2% | £225,621 |
| April 2008 | 2.9% | £254,132 |
| April 2007 | 0% | £247,084 |
The current average rental value in the postcode is £1,212.
The PO22 7BG Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,212pcm |
| April 2025 | 2.7% | £1,166pcm |
| April 2024 | 4.3% | £1,135pcm |
| April 2023 | 6% | £1,088pcm |
| April 2022 | 8.2% | £1,026pcm |
| April 2021 | 4.4% | £949pcm |
| April 2020 | 2.3% | £909pcm |
| April 2019 | 0.7% | £888pcm |
| April 2018 | -3.6% | £882pcm |
| April 2017 | 0.3% | £915pcm |
| April 2016 | 5% | £913pcm |
| April 2015 | 3.1% | £869pcm |
| April 2014 | -0.7% | £843pcm |
| April 2013 | 3.8% | £849pcm |
| April 2012 | 1.8% | £818pcm |
| April 2011 | 5.3% | £803pcm |
| April 2010 | 1.7% | £763pcm |
| April 2009 | -6.7% | £750pcm |
| April 2008 | 8.8% | £804pcm |
| April 2007 | 0% | £739pcm |
The last sale was on 12th December 2024 for £262,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 20 sales since 1995.
PO22 7BG has seen 2 sales in the last three years and no sales in the last twelve months.
PO22 7BG is the 600th largest and the 438th most expensive postcode out of the 962 postcodes in the PO22 area.
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The closest station to PO22 7BG is Bognor Regis station which is 2.4 kilometres away.
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