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Alder Way is a residential street with 11 addresses.
It ranks as the 131st largest and 416th most expensive of the 517 streets in the PO22 area. The dominant property type is a modern house built after 1980.
The street contains a total of 11 properties: 11 houses.
Alder Way is a residential street with 11 addresses.
It ranks as the 131st largest and 416th most expensive of the 517 streets in the PO22 area. The dominant property type is a modern house built after 1980.
The street contains a total of 11 properties: 11 houses.
Sale prices range from £369,687 for 3 bedroom freehold houses with a garden (850 ft2) to £534,834 for 4 bedroom freehold houses with a garden (1,636 ft2) .
Monthly rental prices range from £1,631 pcm for 3 bed houses to £2,005 pcm for 4 bed houses.
The gross rental yield is between 4.5% and 5.3%.
The average value per square foot is £345.
The last sale on Alder Way sold for £470,000 on 12th September 2023. Since then prices are down an average of 4.6%.
The current average value in the street is £474,036.
The Alder Way Sales Market has increased by 25.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.6% | £474,036 |
| May 2025 | 1.4% | £491,544 |
| May 2024 | -4.7% | £484,988 |
| May 2023 | 0% | £508,795 |
| May 2022 | 14% | £508,957 |
| May 2021 | 9.3% | £446,258 |
| May 2020 | 0.6% | £408,390 |
| May 2019 | -0.5% | £406,067 |
| May 2018 | 3.3% | £408,193 |
| May 2017 | 4.3% | £395,211 |
| May 2016 | 9.8% | £379,028 |
| May 2015 | 8% | £345,096 |
| May 2014 | 5.8% | £319,471 |
| May 2013 | 1.5% | £301,965 |
| May 2012 | 0.4% | £297,620 |
| May 2011 | 0.2% | £296,376 |
| May 2010 | 10.3% | £295,720 |
| May 2009 | -11.2% | £268,085 |
| May 2008 | 0% | £301,893 |
| May 2007 | 0% | £301,773 |
The current average rental value in the street is £1,893.
The Alder Way Rental Market has increased by 50.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.1% | £1,893pcm |
| May 2025 | 4.1% | £1,853pcm |
| May 2024 | 3.7% | £1,780pcm |
| May 2023 | 7.1% | £1,716pcm |
| May 2022 | 11.7% | £1,602pcm |
| May 2021 | 8.2% | £1,435pcm |
| May 2020 | 2.6% | £1,326pcm |
| May 2019 | 1.4% | £1,293pcm |
| May 2018 | -0.2% | £1,275pcm |
| May 2017 | 1.8% | £1,277pcm |
| May 2016 | 4.9% | £1,254pcm |
| May 2015 | 2.7% | £1,196pcm |
| May 2014 | -0.5% | £1,164pcm |
| May 2013 | 1.8% | £1,170pcm |
| May 2012 | 2.3% | £1,149pcm |
| May 2011 | 8.1% | £1,122pcm |
| May 2010 | 8.1% | £1,038pcm |
| May 2009 | -6.7% | £960pcm |
| May 2008 | 6.2% | £1,029pcm |
| May 2007 | 0% | £969pcm |
The last sale was on 12th September 2023 for £470,000 and since then the market in the area has decreased by 4.6%. The street has had a total of 13 sales since 1995.
Alder Way, Bognor Regis, PO22 has seen 1 sale in the last three years and no sales in the last twelve months.
Alder Way, Bognor Regis, PO22 is the 131st largest and the 416th most expensive street in the PO22 area.
There is 1 postcode on Alder Way, Bognor Regis, PO22.
The closest station to Alder Way, Bognor Regis, PO22 is Barnham station which is 4.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Alder Way, Bognor Regis, PO22, 63.6% of property is privately owned outright and 22.7% is privately owned with a mortgage.
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 Alder Way, Bognor Regis, PO22, 12.7% of residents are recorded as possessing school level qualifications and 35.1% 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 Alder Way, Bognor Regis, PO22, the average age was 50.6 and the most common age was 72.
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 Alder Way, Bognor Regis, PO22, 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 Alder Way, Bognor Regis, PO22, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.