Flat 16, Summerley Point
Flat 16, Summerley Point
Description & Estimates
Flat 16, Summerley Point, Bognor Regis is recorded publicly as a modern leasehold apartment across 1,033 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 16, Summerley Point, Bognor Regis is £329,224 and its rental estimate is £1,114 per month, given the available information and assuming reasonable condition.
Summerley Point, Summerley Lane is a residential building on Summerley Lane, Bognor Regis, PO22 and falls within the PO22 postal district and the borough of Arun.
Our Data Sources
Flat 16, Summerley Point, Bognor Regis has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated December 2015.
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.
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 Flat 16, Summerley Point, Bognor Regis, we estimate a market value of £345,685 and a rental value of £1,170 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £306,178 and £1,036 per month respectively.
Recent Market Change
Over the last year, Flat 16, Summerley Point, Bognor Regis has seen its estimated sale value decline by £5,155 (1.6%) and its estimated rental value climb by £47 per month (4.2%). This results in an estimated gross rental yield of 4.1%.
Energy Efficiency
Flat 16, Summerley Point, Bognor Regis has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 16, Summerley Point, Bognor Regis completed on 12th December 2024 at £262,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 23.6% over the period since December 2024.
- Sold Dec 2024£262,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 16, Summerley Point, Bognor Regis have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th December 2024, was Apartment 8, Summerley Gate, Southview Road, Bognor Regis, PO22 7BF, a leasehold flat which sold for £315,000.
Read more about house prices in PO22.
- Sold Dec 2024£315,000 | 3 Bed FlatSummerley Gate, Southview RoadApartment 8, Summerley Gate, Southview Road, Bognor Regis, PO22 7BF
- Sold Aug 2024£300,000 | 3 Bed FlatSummerley Gate, Southview RoadApartment 9, Summerley Gate, Southview Road, Bognor Regis, PO22 7BF
- Sold Jul 2024£300,000 | 3 Bed FlatSummerley Gate, Southview RoadApartment 5, Summerley Gate, Southview Road, Bognor Regis, PO22 7BF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 51 addresses on Summerley Lane, Bognor Regis, PO22, Flat 16, Summerley Point, Bognor Regis comes out as the 26th largest and the 29th most expensive in our analysis of the public data.
It is also £37k less expensive than the average property across the PO22 district.
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Schools Nearby
- 900mBishop Tufnell CofE Primary School, Felpham
- 1.2kmDownview Primary School
- 2.1kmEdward Bryant School
- 1.0kmFelpham Community College
- 3.4kmThe Regis School
- 4.8kmSt Philip Howard Catholic School
More reading links
Public Transport Nearby
From Flat 16, Summerley Point, Bognor Regis, the nearest station is Bognor Regis, 2.4 kilometres away.
- 2.4kmBognor Regis
- 4.5kmBarnham
- 6.3kmFord
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
