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According to the public record, 40, Gordon Avenue, Bognor Regis is a early-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Gordon Avenue, Bognor Regis is £132,485 and the estimated rental value is £846 per month.
The apartment is within 40, Gordon Avenue, Bognor Regis, PO22.
Gordon Avenue, Bognor Regis, PO22 is located in the borough of Arun within the PO22 postal district.
40, Gordon Avenue, Bognor Regis has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated April 2012.
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.
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 40, Gordon Avenue, Bognor Regis is in very good condition we estimate a sale value of £139,109 and a rental value of £888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,211 and a rental value of £786 per month.
Over the last 12 months the sale value of 40 Gordon Avenue Bognor Regis has decreased by an estimated £2,031 (1.5%) and its rental value has increased by an estimated £36 per month (4.2%), giving an expected gross yield of 7.7%.
40, Gordon Avenue, Bognor Regis has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Gordon Avenue, Bognor Regis was last sold on 11th January 2021 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Gordon Avenue, Bognor Regis within a radius of 500 metres over the last 2 years.
The most recent example is Flat 1, 44, Gordon Avenue, Bognor Regis, PO22 9LS, a leasehold flat which sold for £105,000 on the 14th June 2024.
Read more about house prices in PO22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gordon Avenue, Bognor Regis, PO22 has a total of 79 addresses. According to our analysis of all the public data, 40, Gordon Avenue, Bognor Regis is the 66th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £234k less expensive than the average property in PO22.
The closest station to 40, Gordon Avenue, Bognor Regis is Bognor Regis station which is 800 metres 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 40, Gordon Avenue, Bognor Regis, 41.4% of property is privately rented and 29.7% 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 40, Gordon Avenue, Bognor Regis, 16.8% of residents are recorded as possessing school level qualifications and 21.6% 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 40, Gordon Avenue, Bognor Regis, the average age was 41.4 and the most common age was 52.
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 40, Gordon Avenue, 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 40, Gordon Avenue, Bognor Regis, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
