Flat 2, 16
Flat 2, 16
Description & Estimates
The public record describes Flat 2, 16, Richmond Avenue, Bognor Regis as a period apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 2, 16, Richmond Avenue, Bognor Regis has an estimated sale value of £145,878 and an estimated rental value of £886 per month, assuming reasonable condition and based on the information available.
The apartment sits within 16, Richmond Avenue, Bognor Regis, PO21.
Richmond Avenue, Bognor Regis, PO21 lies in the borough of Arun, within the PO21 postal district.
Our Data Sources
Flat 2, 16, Richmond Avenue, Bognor Regis has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data 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
In very good condition, we estimate Flat 2, 16, Richmond Avenue, Bognor Regis would be worth £153,172, with a potential rental value of £931 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £135,667, with a rental value of £824 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 16, Richmond Avenue, Bognor Regis has moved down by £2,553 (1.7%) over the last year. During the same period, its estimated monthly rental value has increased by £38 (4.3%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 2, 16, Richmond Avenue, Bognor Regis has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 2, 16, Richmond Avenue, Bognor Regis last changed hands on 24th September 2002, selling for £51,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Sep 2002£51,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of Flat 2, 16, Richmond Avenue, Bognor Regis across the last 2 years.
Most recently, Flat 2, 18, Richmond Avenue, Bognor Regis, PO21 2YE, a leasehold flat, sold at £145,000 on the 24th January 2025.
Read more about house prices in PO21.
- Sold Jan 2025£145,000 | 2 Bed Flat18, Richmond AvenueFlat 2, 18, Richmond Avenue, Bognor Regis, PO21 2YE
- Sold Jun 2021£152,000 | 2 Bed Flat134, Aldwick RoadFlat 4, 134, Aldwick Road, Bognor Regis, PO21 2PA
- Sold Feb 2019£87,000 | 1 Bed Flat22, Richmond AvenueFlat 2, 22, Richmond Avenue, Bognor Regis, PO21 2YE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, 16, Richmond Avenue, Bognor Regis as the 78th largest and the 74th most expensive of the 160 addresses on Richmond Avenue, Bognor Regis, PO21.
Against the PO21 postcode district average, it is £171k less expensive than the typical property.
More reading links
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
Bognor Regis station is the nearest stop to Flat 2, 16, Richmond Avenue, Bognor Regis at 900 metres away.
- 900mBognor Regis
- 6.3kmBarnham
- 8.5kmChichester
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
