Flat 4, 5
Flat 4, 5
Description & Estimates
Flat 4, 5, Richmond Avenue, Bognor Regis is described in the public record as a period apartment with 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 5, Richmond Avenue, Bognor Regis is £93,969 and its rental estimate is £657 per month, given the available information and assuming reasonable condition.
5, Richmond Avenue is a residential building on Richmond Avenue, Bognor Regis, PO21 and falls within the PO21 postal district and the borough of Arun.
Our Data Sources
Flat 4, 5, Richmond Avenue, Bognor Regis has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 4, 5, Richmond Avenue, Bognor Regis, we estimate a market value of £98,667 and a rental value of £690 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £87,391 and £611 per month respectively.
Recent Market Change
Over the last year, Flat 4, 5, Richmond Avenue, Bognor Regis has seen its estimated sale value move down by £2,214 (2.4%) and its estimated rental value increase by £24 per month (3.7%). This results in an estimated gross rental yield of 8.4%.
Energy Efficiency
Flat 4, 5, Richmond Avenue, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Apr 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, 5, Richmond Avenue, Bognor Regis have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was Flat 1, 5, Richmond Avenue, Bognor Regis, PO21 2YE, a leasehold flat which sold for £118,000.
Read more about house prices in PO21.
- Sold Dec 2024£118,000 | 1 Bed Flat5, Richmond AvenueFlat 1, 5, Richmond Avenue, Bognor Regis, PO21 2YE
- Sold May 2023£80,000 | 1 Bed Flat148, Aldwick RoadFlat 1A, 148, Aldwick Road, Bognor Regis, PO21 2PA
- Sold Apr 2021£80,000 | 1 Bed Flat39, Nyewood LaneFlat 8, 39, Nyewood Lane, Bognor Regis, PO21 2SJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 160 addresses on Richmond Avenue, Bognor Regis, PO21, Flat 4, 5, Richmond Avenue, Bognor Regis comes out as the 102nd largest and the 153rd most expensive in our analysis of the public data.
It is also £223k less expensive than the average property across the PO21 district.
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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
From Flat 4, 5, Richmond Avenue, Bognor Regis, the nearest station is Bognor Regis, 900 metres away.
- 900mBognor Regis
- 6.3kmBarnham
- 8.5kmChichester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
