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According to the public record, 35, Markfield, Bognor Regis is a mid-century leasehold apartment with 656 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 35, Markfield, Bognor Regis is £183,101 and the estimated rental value is £905 per month.
Markfield, Bognor Regis, PO22 is located in the borough of Arun within the PO22 postal district.
35, Markfield, Bognor Regis has 2 entries in the Land Registry , most recently in April 2011 and a single entry in the EPC database dated July 2022.
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 35, Markfield, Bognor Regis is in very good condition we estimate a sale value of £192,256 and a rental value of £950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,284 and a rental value of £841 per month.
Over the last 12 months the sale value of 35 Markfield Bognor Regis has decreased by an estimated £4,214 (2.3%) and its rental value has increased by an estimated £33 per month (3.6%), giving an expected gross yield of 5.9%.
35, Markfield, Bognor Regis has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 35, Markfield, Bognor Regis was last sold on 21st April 2011 for £120,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2011, the market for similar properties has risen 86.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Markfield, Bognor Regis within a radius of 540 metres over the last 2 years.
The most recent example is 15, Markfield, Bognor Regis, PO22 9HW, a leasehold flat which sold for £210,000 on the 30th August 2024.
Read more about house prices in PO22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Markfield, Bognor Regis, PO22 has a total of 87 addresses. According to our analysis of all the public data, 35, Markfield, Bognor Regis is the 52nd largest and the 71st most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in PO22.
The closest station to 35, Markfield, Bognor Regis is Bognor Regis station which is 1.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 35, Markfield, Bognor Regis, 40.3% of property is privately owned with a mortgage and 31.0% 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 35, Markfield, Bognor Regis, 20.7% of residents are recorded as possessing school level qualifications and 24.9% 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 35, Markfield, Bognor Regis, the average age was 41.6 and the most common age was 37.
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 35, Markfield, Bognor Regis, 0.0% 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 35, Markfield, Bognor Regis, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
