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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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According to the public record, Flat 4, Mariners 56, Bognor Regis is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Mariners 56, Bognor Regis is £280,641 and the estimated rental value is £1,401 per month.
The apartment is within Mariners, Aldwick Avenue, Bognor Regis, PO21.
Aldwick Avenue, Bognor Regis, PO21 is located in the borough of Arun within the PO21 postal district.
Flat 4, Mariners 56, Bognor Regis has 3 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated July 2023.
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.
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, Mariners 56, Bognor Regis is in very good condition we estimate a sale value of £294,673 and a rental value of £1,471 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,996 and a rental value of £1,303 per month.
Over the last 12 months the sale value of Flat 4 Mariners 56 Bognor Regis has decreased by an estimated £5,556 (2.0%) and its rental value has increased by an estimated £57 per month (4.1%), giving an expected gross yield of 6%.
Flat 4, Mariners 56, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 4, Mariners 56, Bognor Regis was last sold on 1st July 2019 for £235,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2019, the market for similar properties has dropped 33.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Mariners 56, Bognor Regis within a radius of 790 metres over the last 2 years.
The most recent example is Flat 8, Mariners 56, Aldwick Avenue, Bognor Regis, PO21 3FJ, a leasehold flat which sold for £300,000 on the 17th August 2023.
Read more about house prices in PO21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aldwick Avenue, Bognor Regis, PO21 has a total of 70 addresses. According to our analysis of all the public data, Flat 4, Mariners 56, Bognor Regis is the 56th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in PO21.
The closest station to Flat 4, Mariners 56, Bognor Regis is Bognor Regis station which is 1.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Mariners 56, Bognor Regis, 56.3% of property is privately owned outright and 23.0% is privately owned with a mortgage.
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 4, Mariners 56, Bognor Regis, 7.9% of residents are recorded as possessing school level qualifications and 40.2% 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 4, Mariners 56, Bognor Regis, the average age was 55.3 and the most common age was 72.
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 4, Mariners 56, Bognor Regis, 0.7% 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 4, Mariners 56, Bognor Regis, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
