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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 4, Summerley Point, Bognor Regis is recorded publicly as a modern leasehold apartment across 1,076 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 4, Summerley Point, Bognor Regis is £337,428 and its rental estimate is £1,104 per month, given the available information and assuming reasonable condition.
Summerley Point, Summerley Lane is a residential building on Summerley Lane, Bognor Regis, PO22 and falls within the PO22 postal district and the borough of Arun.
Flat 4, Summerley Point, Bognor Regis has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 4, Summerley Point, Bognor Regis, we estimate a market value of £354,299 and a rental value of £1,159 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £313,808 and £1,027 per month respectively.
Over the last year, Flat 4, Summerley Point, Bognor Regis has seen its estimated sale value fall by £5,283 (1.6%) and its estimated rental value move up by £46 per month (4.2%). This results in an estimated gross rental yield of 3.9%.
Flat 4, Summerley Point, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 4, Summerley Point, Bognor Regis completed on 15th July 2022 at £340,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 29.7% over the period since July 2022.
Over the past 2 years 3 properties similar to Flat 4, Summerley Point, Bognor Regis have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th December 2024, was Apartment 8, Summerley Gate, Southview Road, Bognor Regis, PO22 7BF, a leasehold flat which sold for £315,000.
Read more about house prices in PO22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 51 addresses on Summerley Lane, Bognor Regis, PO22, Flat 4, Summerley Point, Bognor Regis comes out as the 21st largest and the 23rd most expensive in our analysis of the public data.
It is also £29k less expensive than the average property across the PO22 district.
From Flat 4, Summerley Point, Bognor Regis, the nearest station is Bognor Regis, 2.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 4, Summerley Point, Bognor Regis, 62.7% of property is privately owned outright and 21.8% 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, Summerley Point, Bognor Regis, 20.1% of residents are recorded as possessing school level qualifications and 26.1% 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, Summerley Point, Bognor Regis, the average age was 46.7 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, Summerley Point, Bognor Regis, 1.6% 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, Summerley Point, Bognor Regis, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
