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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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148, Gravits Lane, Bognor Regis is described in the public record as an early-century apartment with 373 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 148, Gravits Lane, Bognor Regis is £105,893 and its rental estimate is £741 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.
148, Gravits Lane, Bognor Regis has no records in the the Land Registry and a single entry in the EPC database dated July 2010.
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.
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 148, Gravits Lane, Bognor Regis, we estimate a market value of £111,188 and a rental value of £778 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £98,480 and £689 per month respectively.
Over the last year, 148, Gravits Lane, Bognor Regis has seen its estimated sale value drop by £1,849 (1.7%) and its estimated rental value rise by £32 per month (4.3%). This results in an estimated gross rental yield of 8.4%.
148, Gravits Lane, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jul 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 148, 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 6th September 2024, was 4, Wadhurst Close, Bognor Regis, PO21 5LD, a leasehold flat which sold for £136,500.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 137 addresses on Gravits Lane, Bognor Regis, PO21, 148, Gravits Lane, Bognor Regis comes out as the 136th largest and the 137th most expensive in our analysis of the public data.
It is also £211k less expensive than the average property across the PO21 district.
From 148, Gravits Lane, Bognor Regis, the nearest station is Bognor Regis, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 148, Gravits Lane, Bognor Regis, 38.7% of property is socially rented and 28.9% 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 148, Gravits Lane, Bognor Regis, 24.3% of residents are recorded as possessing school level qualifications and 16.8% 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 148, Gravits Lane, Bognor Regis, the average age was 39.7 and the most common age was 52.
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 148, Gravits Lane, Bognor Regis, 0.4% 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 148, Gravits Lane, Bognor Regis, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
