3 Rainbow Cottages, Bognor Regis
3 Rainbow Cottages, Bognor Regis
Description & Estimates
3 Rainbow Cottages, Bognor Regis is recorded publicly as a modern freehold house across 705 ft2 of internal area, sitting on a 173 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3 Rainbow Cottages, Bognor Regis is £246,069 and its rental estimate is £1,400 per month, given the available information and assuming reasonable condition.
Flax Mean, Bognor Regis, PO22 falls within the PO22 postal district, in the borough of Arun.
Our Data Sources
3 Rainbow Cottages, Bognor Regis has 2 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated November 2010.
We combine this information with that 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
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 3 Rainbow Cottages, Bognor Regis, we estimate a market value of £258,373 and a rental value of £1,470 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,845 and £1,302 per month respectively.
Recent Market Change
Over the last year, 3 Rainbow Cottages, Bognor Regis has seen its estimated sale value move down by £6,689 (2.7%) and its estimated rental value increase by £40 per month (2.9%). This results in an estimated gross rental yield of 6.8%.
Plot Size
HM Land Registry records the plot of land for 3 Rainbow Cottages, Bognor Regis as measuring 173 m2.
That makes it the largest plot in the postcode, where all 5 other houses have recorded plot data.
Energy Efficiency
3 Rainbow Cottages, Bognor Regis has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Nov 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 3 Rainbow Cottages, Bognor Regis completed on 26th July 2019 at £218,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.8% over the period since July 2019.
- Sold Jul 2019£218,000
- Sold Jul 2009£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3 Rainbow Cottages, Bognor Regis have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th May 2025, was 16, Wish Field Drive, Bognor Regis, PO22 8GL, a freehold house which sold for £257,500.
Read more about house prices in PO22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 43 addresses on Flax Mean, Bognor Regis, PO22, 3 Rainbow Cottages, Bognor Regis comes out as the 5th largest and the 20th most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the PO22 district.
More reading links
Schools Nearby
- 600mBishop Tufnell CofE Primary School, Felpham
- 1.0kmDownview Primary School
- 2.2kmEdward Bryant School
- 1.0kmFelpham Community College
- 3.4kmThe Regis School
- 4.4kmSt Philip Howard Catholic School
More reading links
Public Transport Nearby
From 3 Rainbow Cottages, Bognor Regis, the nearest station is Bognor Regis, 2.6 kilometres away.
- 2.6kmBognor Regis
- 4.1kmBarnham
- 5.9kmFord
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
