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According to the public record, 2, Farmer Close, Bognor Regis is a modern freehold house with 839 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Farmer Close, Bognor Regis is £310,240 and the estimated rental value is £1,497 per month.
Farmer Close, Bognor Regis, PO21 is located in the borough of Arun within the PO21 postal district.
2, Farmer Close, Bognor Regis has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 2, Farmer Close, Bognor Regis is in very good condition we estimate a sale value of £325,752 and a rental value of £1,572 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,523 and a rental value of £1,392 per month.
Over the last 12 months the sale value of 2 Farmer Close Bognor Regis has decreased by an estimated £9,178 (3.0%) and its rental value has increased by an estimated £39 per month (2.6%), giving an expected gross yield of 5.8%.
2, Farmer Close, Bognor Regis has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Farmer Close, Bognor Regis was last sold on 30th September 2021 for £299,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Farmer Close, Bognor Regis within a radius of 770 metres over the last 2 years.
The most recent example is 3, Farmer Close, Bognor Regis, PO21 4FB, a freehold house which sold for £325,000 on the 31st March 2023.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farmer Close, Bognor Regis, PO21 has a total of 46 addresses. According to our analysis of all the public data, 2, Farmer Close, Bognor Regis is the 34th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in PO21.
The closest station to 2, Farmer Close, Bognor Regis is Bognor Regis station which is 4.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Farmer Close, Bognor Regis, 91.3% of property is privately owned outright and 4.1% 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 2, Farmer Close, Bognor Regis, 1.4% of residents are recorded as possessing school level qualifications and 9.5% 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 2, Farmer Close, Bognor Regis, the average age was 50.2 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 2, Farmer Close, 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 2, Farmer Close, Bognor Regis, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.