Flat 2, 24
Flat 2, 24
Description & Estimates
Public records show Flat 2, 24, Richmond Avenue, Bognor Regis to be a mid-century leasehold apartment with 1,033 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 2, 24, Richmond Avenue, Bognor Regis has an estimated sale value of £217,943 and an estimated rental value of £1,089 per month, assuming reasonable condition and based on the information available.
The apartment sits within 24, 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, 24, Richmond Avenue, Bognor Regis has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated August 2021.
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
In very good condition, we estimate Flat 2, 24, Richmond Avenue, Bognor Regis would be worth £228,840, with a potential rental value of £1,143 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £202,687, with a rental value of £1,013 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, 24, Richmond Avenue, Bognor Regis has moved down by £5,188 (2.4%) over the last year. During the same period, its estimated monthly rental value has increased by £39 (3.6%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 2, 24, Richmond Avenue, Bognor Regis has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, 24, Richmond Avenue, Bognor Regis last changed hands on 13th December 2021, selling for £235,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 2.4% since December 2021.
- Sold Dec 2021£235,000
- Sold May 2007£164,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of Flat 2, 24, Richmond Avenue, Bognor Regis across the last 2 years.
Most recently, Flat 35, Marine Park, Nyewood Lane, Bognor Regis, PO21 2QN, a leasehold flat, sold at £290,000 on the 10th December 2024.
Read more about house prices in PO21.
- Sold Dec 2024£290,000 | 2 Bed FlatMarine Park, Nyewood LaneFlat 35, Marine Park, Nyewood Lane, Bognor Regis, PO21 2QN
- Sold Aug 2021£246,000 | 3 Bed FlatAbbeyfield 9-17, Richmond AvenueFlat 6, Abbeyfield 9-17, Richmond Avenue, Bognor Regis, PO21 2GE
- Sold Mar 2021£290,000 | 3 Bed FlatRichmond Avenue4B, 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, 24, Richmond Avenue, Bognor Regis as the 14th largest and the 15th most expensive of the 160 addresses on Richmond Avenue, Bognor Regis, PO21.
Against the PO21 postcode district average, it is £99k 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, 24, 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.
