Flat 1, 7
Flat 1, 7
Description & Estimates
According to the public record, Flat 1, 7, Richmond Avenue, Bognor Regis is a period leasehold apartment with 882 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 Flat 1, 7, Richmond Avenue, Bognor Regis is £197,777 and the estimated rental value is £983 per month.
The apartment is within 7, Richmond Avenue, Bognor Regis, PO21.
Richmond Avenue, Bognor Regis, PO21 is located in the borough of Arun within the PO21 postal district.
Our Data Sources
Flat 1, 7, Richmond Avenue, Bognor Regis has 2 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated May 2016.
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.
Price Range & Condition
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 Flat 1, 7, Richmond Avenue, Bognor Regis is in very good condition we estimate a sale value of £207,666 and a rental value of £1,032 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,933 and a rental value of £914 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 7, Richmond Avenue, Bognor Regis has declined by £3,461 (1.7%), while its estimated rental value has climbed by £42 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 1, 7, Richmond Avenue, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, 7, Richmond Avenue, Bognor Regis was last sold on 3rd November 2023 for £230,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2023, the market for similar properties has dropped by 3.8%.
- Sold Nov 2023£230,000
- Sold Oct 2016£184,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 7, Richmond Avenue, Bognor Regis within a radius of 400 metres over the last 2 years.
The most recent example is 6, Richmond Avenue, Bognor Regis, PO21 2YE, a leasehold flat which sold for £214,999 on the 16th August 2024.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Richmond Avenue, Bognor Regis, PO21 has a total of 160 addresses. According to our analysis of all the public data, Flat 1, 7, Richmond Avenue, Bognor Regis is the 19th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in PO21.
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Schools Nearby
- 700mNyewood CofE Infant School
- 700mNyewood CofE Junior School
- 1.2kmSt Mary's Catholic Primary School
- 1.2kmThe Regis School
- 2.5kmFelpham Community College
- 6.4kmSt Philip Howard Catholic School
More reading links
Public Transport Nearby
The closest station to Flat 1, 7, Richmond Avenue, Bognor Regis is Bognor Regis station, which is 900 metres away.
- 900mBognor Regis
- 6.3kmBarnham
- 8.5kmChichester
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
