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According to the public record, Flat 2, 27, Princess Avenue, Bognor Regis is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 577 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 27, Princess Avenue, Bognor Regis is £164,023 and the estimated rental value is £922 per month.
The apartment is within 27, Princess Avenue, Bognor Regis, PO21.
Princess Avenue, Bognor Regis, PO21 is located in the borough of Arun within the PO21 postal district.
Flat 2, 27, Princess Avenue, Bognor Regis has 3 entries in the Land Registry , most recently in May 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 2, 27, Princess Avenue, Bognor Regis is in very good condition we estimate a sale value of £172,224 and a rental value of £968 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,542 and a rental value of £858 per month.
Over the last 12 months the sale value of Flat 2 27 Princess Avenue Bognor Regis has decreased by an estimated £3,918 (2.4%) and its rental value has increased by an estimated £34 per month (3.7%), giving an expected gross yield of 6.7%.
According to HM Land Registry, Flat 2, 27, Princess Avenue, Bognor Regis was last sold on 21st May 2014 for £126,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2014, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 27, Princess Avenue, Bognor Regis within a radius of 480 metres over the last 2 years.
The most recent example is Flat 12, Abbeyfield 9-17, Richmond Avenue, Bognor Regis, PO21 2GE, a leasehold flat which sold for £180,000 on the 28th February 2023.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princess Avenue, Bognor Regis, PO21 has a total of 58 addresses. According to our analysis of all the public data, Flat 2, 27, Princess Avenue, Bognor Regis is the 33rd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in PO21.
The closest station to Flat 2, 27, Princess Avenue, Bognor Regis is Bognor Regis station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 27, Princess Avenue, Bognor Regis, 39.0% of property is privately rented and 37.1% 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 2, 27, Princess Avenue, Bognor Regis, 16.6% of residents are recorded as possessing school level qualifications and 36.3% 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 2, 27, Princess Avenue, Bognor Regis, the average age was 55.3 and the most common age was 72.
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 2, 27, Princess Avenue, Bognor Regis, 1.1% 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 2, 27, Princess Avenue, Bognor Regis, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
