Flat 2, Ocean House
Flat 2, Ocean House
Description & Estimates
According to the public record, Flat 2, Ocean House, Bognor Regis is a period leasehold apartment with 796 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, Ocean House, Bognor Regis is £93,434 and the estimated rental value is £552 per month.
The apartment is within Ocean House, Rock Gardens, Bognor Regis, PO21.
Rock Gardens, Bognor Regis, PO21 is located in the borough of Arun within the PO21 postal district.
Our Data Sources
Flat 2, Ocean House, Bognor Regis has a single entry in the Land Registry from November 2013 and a single entry in the EPC database dated November 2023.
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, Ocean House, Bognor Regis is in very good condition we estimate a sale value of £98,105 and a rental value of £580 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,893 and a rental value of £513 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Ocean House, Bognor Regis has decreased by £2,232 (2.4%), while its estimated rental value has grown by £20 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
Flat 2, Ocean House, Bognor Regis has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 2, Ocean House, Bognor Regis was last sold on 22nd November 2013 for £50,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2013, the market for similar properties has risen by 34.5%.
- Sold Nov 2013£50,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, Ocean House, Bognor Regis within a radius of 460 metres over the last 2 years.
The most recent example is 3 Lansdowne House, The Esplanade, Bognor Regis, PO21 1TR, a leasehold flat which sold for £75,000 on the 16th April 2018.
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
Rock Gardens, Bognor Regis, PO21 has a total of 71 addresses. According to our analysis of all the public data, Flat 2, Ocean House, Bognor Regis is the 26th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £223k less expensive than the average property in PO21.
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Schools Nearby
- 900mSt Mary's Catholic Primary School
- 1.0kmEdward Bryant School
- 1.2kmNyewood CofE Infant School
- 1.6kmThe Regis School
- 2.2kmFelpham Community College
- 6.4kmSt Philip Howard Catholic School
More reading links
Public Transport Nearby
The closest station to Flat 2, Ocean House, Bognor Regis is Bognor Regis station, which is 700 metres away.
- 700mBognor Regis
- 6.3kmBarnham
- 9.0kmFord
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
