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According to the public record, 3 Cartref, Bognor Regis is a early-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 Cartref, Bognor Regis is £152,749 and the estimated rental value is £912 per month.
The apartment is within Cartref, Albert Road, Bognor Regis, PO21.
Albert Road, Bognor Regis, PO21 is located in the borough of Arun within the PO21 postal district.
3 Cartref, Bognor Regis has a single entry in the Land Registry from October 2013 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3 Cartref, Bognor Regis is in very good condition we estimate a sale value of £160,387 and a rental value of £958 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,057 and a rental value of £848 per month.
Over the last 12 months the sale value of 3 Cartref Bognor Regis has decreased by an estimated £4,085 (2.7%) and its rental value has increased by an estimated £31 per month (3.4%), giving an expected gross yield of 7.2%.
3 Cartref, Bognor Regis has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3 Cartref, Bognor Regis was last sold on 1st October 2013 for £99,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2013, the market for similar properties has risen 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Cartref, Bognor Regis within a radius of 580 metres over the last 2 years.
The most recent example is Flat 9, Clarence Lodge, Clarence Road, Bognor Regis, PO21 1AL, a leasehold flat which sold for £130,000 on the 20th May 2022.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Bognor Regis, PO21 has a total of 89 addresses. According to our analysis of all the public data, 3 Cartref, Bognor Regis is the 79th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in PO21.
The closest station to 3 Cartref, Bognor Regis is Bognor Regis station which is 600 metres 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 3 Cartref, Bognor Regis, 50.4% of property is privately owned outright and 39.9% is privately rented.
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 3 Cartref, Bognor Regis, 14.6% of residents are recorded as possessing school level qualifications and 25.1% 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 3 Cartref, Bognor Regis, the average age was 44.2 and the most common age was 32.
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 3 Cartref, 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 3 Cartref, Bognor Regis, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.