Flat 2, 39
Flat 2, 39
Description & Estimates
According to the public record, Flat 2, 39, Nyewood Lane, Bognor Regis is a period leasehold apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 39, Nyewood Lane, Bognor Regis is £78,690 and the estimated rental value is £551 per month.
The apartment is within 39, Nyewood Lane, Bognor Regis, PO21.
Nyewood Lane, Bognor Regis, PO21 is located in the borough of Arun within the PO21 postal district.
Our Data Sources
Flat 2, 39, Nyewood Lane, Bognor Regis has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated December 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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, 39, Nyewood Lane, Bognor Regis is in very good condition we estimate a sale value of £82,624 and a rental value of £578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,181 and a rental value of £512 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 39, Nyewood Lane, Bognor Regis has fallen by £1,854 (2.4%), while its estimated rental value has moved up by £20 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 8.4%.
Energy Efficiency
Flat 2, 39, Nyewood Lane, Bognor Regis has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 2, 39, Nyewood Lane, Bognor Regis was last sold on 4th June 2021 for £80,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has risen by 4.2%.
- Sold Jun 2021£80,000
- Sold Jan 2016£82,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to Flat 2, 39, Nyewood Lane, Bognor Regis within a radius of 400 metres over the last 2 years.
The most recent example is Flat 5, Victory Court, Aldwick Road, Bognor Regis, PO21 2NP, a leasehold flat which sold for £81,000 on the 15th September 2017.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Nyewood Lane, Bognor Regis, PO21 has a total of 228 addresses. According to our analysis of all the public data, Flat 2, 39, Nyewood Lane, Bognor Regis is the 224th largest and the 223rd most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in PO21.
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Schools Nearby
- 800mNyewood CofE Infant School
- 800mNyewood CofE Junior School
- 1.2kmSt Mary's Catholic Primary School
- 1.3kmThe Regis School
- 2.5kmFelpham Community College
- 6.5kmSt Philip Howard Catholic School
More reading links
Public Transport Nearby
The closest station to Flat 2, 39, Nyewood Lane, Bognor Regis is Bognor Regis station, which is 900 metres away.
- 900mBognor Regis
- 6.4kmBarnham
- 8.6kmChichester
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
