140, Gravits Lane
140, Gravits Lane
Description & Estimates
According to the public record, 140, Gravits Lane, Bognor Regis is an early-century apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 140, Gravits Lane, Bognor Regis is £149,392 and the estimated rental value is £924 per month.
Gravits Lane, Bognor Regis, PO21 is located in the borough of Arun within the PO21 postal district.
Our Data Sources
140, Gravits Lane, Bognor Regis has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 140, Gravits Lane, Bognor Regis is in very good condition we estimate a sale value of £156,862 and a rental value of £970 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,935 and a rental value of £859 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 140, Gravits Lane, Bognor Regis has dropped by £2,614 (1.7%), while its estimated rental value has risen by £39 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 7.4%.
Energy Efficiency
140, Gravits Lane, Bognor Regis has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Mar 2024.
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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 140, Gravits Lane, Bognor Regis within a radius of 530 metres over the last 2 years.
The most recent example is 6A, Waverley Road, Bognor Regis, PO21 5NB, a leasehold flat which sold for £162,000 on the 28th September 2023.
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
Gravits Lane, Bognor Regis, PO21 has a total of 137 addresses. According to our analysis of all the public data, 140, Gravits Lane, Bognor Regis is the 62nd largest and the 117th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in PO21.
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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
The closest station to 140, Gravits Lane, Bognor Regis is Bognor Regis station, which is 1.1 kilometres away.
- 1.1kmBognor Regis
- 5.5kmBarnham
- 7.8kmChichester
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
