12, Merston Place
12, Merston Place
Description & Estimates
12, Merston Place, Bognor Regis is described in the public record as a modern apartment with 746 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 12, Merston Place, Bognor Regis is £178,868 and its rental estimate is £978 per month, given the available information and assuming reasonable condition.
Merston Place, Bognor Regis, PO21 falls within the PO21 postal district, in the borough of Arun.
Our Data Sources
12, Merston Place, Bognor Regis has no records in the the Land Registry and a single entry in the EPC database dated February 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Merston Place, Bognor Regis, we estimate a market value of £187,812 and a rental value of £1,027 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £166,348 and £910 per month respectively.
Recent Market Change
Over the last year, 12, Merston Place, Bognor Regis has seen its estimated sale value move down by £4,273 (2.4%) and its estimated rental value increase by £36 per month (3.7%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
12, Merston Place, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Feb 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Merston Place, Bognor Regis have sold within a radius of 790 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st July 2023, was Flat 2, Ruskin Court 7, Ruskin Avenue, Bognor Regis, PO21 5BW, a leasehold flat which sold for £180,000.
Read more about house prices in PO21.
- Sold Jul 2023£180,000 | 2 Bed FlatRuskin Court 7, Ruskin AvenueFlat 2, Ruskin Court 7, Ruskin Avenue, Bognor Regis, PO21 5BW
- Sold Sep 2022£218,700 | 2 Bed FlatRuskin Court 7, Ruskin AvenueFlat 4, Ruskin Court 7, Ruskin Avenue, Bognor Regis, PO21 5BW
- Sold May 2022£50,000 | 2 Bed FlatRuskin Court 7, Ruskin AvenueFlat 1, Ruskin Court 7, Ruskin Avenue, Bognor Regis, PO21 5BW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Merston Place, Bognor Regis, PO21, 12, Merston Place, Bognor Regis comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £138k less expensive than the average property across the PO21 district.
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Schools Nearby
- 500mBartons Primary School, Bognor Regis
- 1.2kmSouthway Primary School
- 1.5kmBersted Green Primary School, Bognor Regis
- 1.3kmThe Regis School
- 3.1kmFelpham Community College
- 4.6kmOrmiston Six Villages Academy
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Public Transport Nearby
From 12, Merston Place, Bognor Regis, the nearest station is Bognor Regis, 2.5 kilometres away.
- 2.5kmBognor Regis
- 5.0kmBarnham
- 6.7kmChichester
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
