Flat 4, 50
Flat 4, 50
Description & Estimates
According to the public record, Flat 4, 50, Richmond Avenue, Bognor Regis is a period apartment with 344 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 4, 50, Richmond Avenue, Bognor Regis is £61,333 and the estimated rental value is £429 per month.
The apartment is within 50, Richmond Avenue, Bognor Regis, PO21.
Richmond Avenue, Bognor Regis, PO21 is located in the borough of Arun within the PO21 postal district.
Our Data Sources
Flat 4, 50, Richmond Avenue, Bognor Regis has no records in the the Land Registry and a single entry in the EPC database dated October 2024.
We combine this information with public data 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 4, 50, Richmond Avenue, Bognor Regis is in very good condition we estimate a sale value of £64,399 and a rental value of £451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £57,039 and a rental value of £399 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, 50, Richmond Avenue, Bognor Regis has decreased by £1,445 (2.4%), while its estimated rental value has grown by £16 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 8.4%.
Energy Efficiency
Flat 4, 50, Richmond Avenue, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 50, Richmond Avenue, Bognor Regis within a radius of 470 metres over the last 2 years.
The most recent example is Flat 71A, Homecroft House, Sylvan Way, Bognor Regis, PO21 2NQ, a leasehold flat which sold for £75,500 on the 21st August 2024.
Read more about house prices in PO21.
- Sold Aug 2024£75,500 | 1 Bed FlatHomecroft House, Sylvan WayFlat 71A, Homecroft House, Sylvan Way, Bognor Regis, PO21 2NQ
- Sold Dec 2021£78,000 | 1 Bed FlatHomecroft House, Sylvan WayFlat 16, Homecroft House, Sylvan Way, Bognor Regis, PO21 2NG
- Sold Jun 2020£72,500 | 1 Bed FlatHomecroft House, Sylvan WayFlat 44, Homecroft House, Sylvan Way, Bognor Regis, PO21 2NQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Richmond Avenue, Bognor Regis, PO21 has a total of 160 addresses. According to our analysis of all the public data, Flat 4, 50, Richmond Avenue, Bognor Regis is the 110th largest and the 158th most expensive property on the street.
When compared to the postcode district it is £255k less expensive than the average property in PO21.
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Schools Nearby
- 600mNyewood CofE Junior School
- 600mNyewood CofE Infant School
- 1.2kmSouthway Primary School
- 1.1kmThe Regis School
- 2.6kmFelpham Community College
- 6.4kmSt Philip Howard Catholic School
More reading links
Public Transport Nearby
The closest station to Flat 4, 50, Richmond Avenue, Bognor Regis is Bognor Regis station, which is 1.1 kilometres away.
- 1.1kmBognor Regis
- 6.3kmBarnham
- 8.4kmChichester
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
