Flat 5, 5
Flat 5, 5
Description & Estimates
Public records show Flat 5, 5, Richmond Avenue, Bognor Regis to be a period leasehold apartment with 505 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, 5, Richmond Avenue, Bognor Regis has an estimated sale value of £107,488 and an estimated rental value of £736 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Richmond Avenue, Bognor Regis, PO21.
Richmond Avenue, Bognor Regis, PO21 lies in the borough of Arun, within the PO21 postal district.
Our Data Sources
Flat 5, 5, Richmond Avenue, Bognor Regis has 61 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated February 2025.
We combine this information with that 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
In very good condition, we estimate Flat 5, 5, Richmond Avenue, Bognor Regis would be worth £112,862, with a potential rental value of £773 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £99,963, with a rental value of £685 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, 5, Richmond Avenue, Bognor Regis has dropped by £2,568 (2.4%) over the last year. During the same period, its estimated monthly rental value has risen by £27 (3.7%). The property's estimated gross yield is currently 8.2%.
Energy Efficiency
Flat 5, 5, Richmond Avenue, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2025.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 5, 5, Richmond Avenue, Bognor Regis last changed hands on 16th September 2022, selling for £113,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 6 times since 1995.
The market for similar properties has dropped by 11.8% since September 2022.
- Sold Sep 2022£113,500
- Sold Feb 2004£82,000
- Sold Aug 2002£62,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of Flat 5, 5, Richmond Avenue, Bognor Regis across the last 2 years.
Most recently, Flat 40, Streete Court 22, Victoria Drive, Bognor Regis, PO21 2RL, a leasehold flat, sold at £107,500 on the 28th March 2025.
Read more about house prices in PO21.
- Sold Mar 2025£107,500 | 2 Bed FlatStreete Court 22, Victoria DriveFlat 40, Streete Court 22, Victoria Drive, Bognor Regis, PO21 2RL
- Sold Oct 2024£105,000 | 1 Bed Flat118, Aldwick RoadFlat 4, 118, Aldwick Road, Bognor Regis, PO21 2PD
- Sold May 2024£115,000 | 1 Bed FlatStreete Court 22, Victoria DriveFlat 5, Streete Court 22, Victoria Drive, Bognor Regis, PO21 2RL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 5, 5, Richmond Avenue, Bognor Regis as the 76th largest and the 128th most expensive of the 160 addresses on Richmond Avenue, Bognor Regis, PO21.
Against the PO21 postcode district average, it is £209k less expensive than the typical property.
More reading links
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
Bognor Regis station is the nearest stop to Flat 5, 5, Richmond Avenue, Bognor Regis at 900 metres away.
- 900mBognor Regis
- 6.3kmBarnham
- 8.5kmChichester
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
