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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 23, Arran Gate, Bognor Regis is recorded publicly as a modern leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 23, Arran Gate, Bognor Regis is £136,881 and its rental estimate is £896 per month, given the available information and assuming reasonable condition.
Arran Gate, Marian Way is a residential building on Marian Way, Bognor Regis, PO21 and falls within the PO21 postal district and the borough of Arun.
Flat 23, Arran Gate, Bognor Regis has 41 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated June 2020.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 23, Arran Gate, Bognor Regis, we estimate a market value of £143,725 and a rental value of £940 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £127,299 and £833 per month respectively.
Over the last year, Flat 23, Arran Gate, Bognor Regis has seen its estimated sale value fall by £3,270 (2.4%) and its estimated rental value move up by £33 per month (3.7%). This results in an estimated gross rental yield of 7.9%.
Flat 23, Arran Gate, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 23, Arran Gate, Bognor Regis completed on 23rd February 2021 at £97,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 10.0% over the period since February 2021.
Over the past 2 years 3 properties similar to Flat 23, Arran Gate, Bognor Regis have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2024, was Flat 16, Arran Gate, Marian Way, Bognor Regis, PO21 1PD, a leasehold flat which sold for £105,000.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 24 addresses on Marian Way, Bognor Regis, PO21, Flat 23, Arran Gate, Bognor Regis comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £180k less expensive than the average property across the PO21 district.
From Flat 23, Arran Gate, Bognor Regis, the nearest station is Bognor Regis, 600 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 23, Arran Gate, Bognor Regis, 41.4% of property is privately rented and 33.6% 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 23, Arran Gate, Bognor Regis, 12.0% of residents are recorded as possessing school level qualifications and 22.4% 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 23, Arran Gate, Bognor Regis, the average age was 44.2 and the most common age was 32.
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 23, Arran Gate, Bognor Regis, 0.0% 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 23, Arran Gate, Bognor Regis, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
