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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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16, Grangefield Way, Bognor Regis is recorded publicly as a modern freehold house across 850 ft2 of internal area, sitting on a 621 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Grangefield Way, Bognor Regis is £492,172 and its rental estimate is £1,572 per month, given the available information and assuming reasonable condition.
Grangefield Way, Bognor Regis, PO21 falls within the PO21 postal district, in the borough of Arun.
16, Grangefield Way, Bognor Regis has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 16, Grangefield Way, Bognor Regis, we estimate a market value of £516,780 and a rental value of £1,650 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £457,720 and £1,462 per month respectively.
Over the last year, 16, Grangefield Way, Bognor Regis has seen its estimated sale value drop by £13,623 (2.8%) and its estimated rental value rise by £48 per month (3.1%). This results in an estimated gross rental yield of 3.8%.
HM Land Registry records the plot of land for 16, Grangefield Way, Bognor Regis as measuring 621 m2.
That makes it the 15th largest plot in the postcode, where all 18 other houses have recorded plot data.
16, Grangefield Way, Bognor Regis has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 16, Grangefield Way, Bognor Regis completed on 6th August 2019 at £385,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 1.1% over the period since August 2019.
Over the past 2 years 3 properties similar to 16, Grangefield Way, Bognor Regis have sold within a radius of 790 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 8, Grangefield Way, Bognor Regis, PO21 4EG, a freehold house which sold for £580,000.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 18 addresses on Grangefield Way, Bognor Regis, PO21, 16, Grangefield Way, Bognor Regis comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £176k more expensive than the average property across the PO21 district.
From 16, Grangefield Way, Bognor Regis, the nearest station is Bognor Regis, 2.7 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 16, Grangefield Way, Bognor Regis, 75.0% of property is privately owned outright and 18.6% 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 16, Grangefield Way, Bognor Regis, 4.8% of residents are recorded as possessing school level qualifications and 32.5% 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 16, Grangefield Way, Bognor Regis, the average age was 55.3 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 16, Grangefield Way, Bognor Regis, 1.2% 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 16, Grangefield Way, Bognor Regis, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
