138, Gravits Lane
138, Gravits Lane
Description & Estimates
138, Gravits Lane, Bognor Regis is described in the public record as an early-century apartment with 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 138, Gravits Lane, Bognor Regis is £147,130 and its rental estimate is £920 per month, given the available information and assuming reasonable condition.
Gravits Lane, Bognor Regis, PO21 falls within the PO21 postal district, in the borough of Arun.
Our Data Sources
138, Gravits Lane, Bognor Regis has no records in the the Land Registry and a single entry in the EPC database dated August 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 138, Gravits Lane, Bognor Regis, we estimate a market value of £154,486 and a rental value of £966 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £136,831 and £856 per month respectively.
Recent Market Change
Over the last year, 138, Gravits Lane, Bognor Regis has seen its estimated sale value decline by £2,575 (1.7%) and its estimated rental value climb by £39 per month (4.3%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
138, Gravits Lane, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 138, Gravits Lane, Bognor Regis have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th November 2021, was 128, Gravits Lane, Bognor Regis, PO21 5LN, a leasehold flat which sold for £217,000.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 137 addresses on Gravits Lane, Bognor Regis, PO21, 138, Gravits Lane, Bognor Regis comes out as the 70th largest and the 124th most expensive in our analysis of the public data.
It is also £169k less expensive than the average property across the PO21 district.
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Schools Nearby
- 400mSouthway Primary School
- 500mNyewood CofE Infant School
- 600mNyewood CofE Junior School
- 200mThe Regis School
- 2.3kmFelpham Community College
- 5.6kmSt Philip Howard Catholic School
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Public Transport Nearby
From 138, Gravits Lane, Bognor Regis, the nearest station is Bognor Regis, 1.1 kilometres away.
- 1.1kmBognor Regis
- 5.5kmBarnham
- 7.8kmChichester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
