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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 1, 77, Nyewood Lane, Bognor Regis is recorded publicly as a period leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 1, 77, Nyewood Lane, Bognor Regis is £155,202 and its rental estimate is £872 per month, given the available information and assuming reasonable condition.
77, Nyewood Lane is a residential building on Nyewood Lane, Bognor Regis, PO21 and falls within the PO21 postal district and the borough of Arun.
Flat 1, 77, Nyewood Lane, Bognor Regis has 2 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 Flat 1, 77, Nyewood Lane, Bognor Regis, we estimate a market value of £162,962 and a rental value of £916 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £144,338 and £811 per month respectively.
Over the last year, Flat 1, 77, Nyewood Lane, Bognor Regis has seen its estimated sale value fall by £3,657 (2.4%) and its estimated rental value move up by £32 per month (3.7%). This results in an estimated gross rental yield of 6.7%.
Flat 1, 77, Nyewood Lane, Bognor Regis has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 1, 77, Nyewood Lane, Bognor Regis completed on 30th October 2020 at £160,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 8.1% over the period since October 2020.
Over the past 2 years 3 properties similar to Flat 1, 77, Nyewood Lane, Bognor Regis have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th November 2022, was Flat 28, Courtfield House, Hambledon Place, Bognor Regis, PO21 2NF, a leasehold flat which sold for £145,000.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 228 addresses on Nyewood Lane, Bognor Regis, PO21, Flat 1, 77, Nyewood Lane, Bognor Regis comes out as the 174th largest and the 133rd most expensive in our analysis of the public data.
It is also £161k less expensive than the average property across the PO21 district.
From Flat 1, 77, Nyewood Lane, Bognor Regis, the nearest station is Bognor Regis, 800 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 77, Nyewood Lane, Bognor Regis, 41.7% of property is privately rented and 30.8% is privately owned outright.
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 Flat 1, 77, Nyewood Lane, Bognor Regis, 13.2% of residents are recorded as possessing school level qualifications and 24.0% 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 Flat 1, 77, Nyewood Lane, 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 Flat 1, 77, Nyewood Lane, Bognor Regis, 1.0% 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 Flat 1, 77, Nyewood Lane, Bognor Regis, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
