Flat 5, North Lodge
Flat 5, North Lodge
Description & Estimates
Public records show Flat 5, North Lodge, Bognor Regis to be a modern leasehold apartment with 452 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 5, North Lodge, Bognor Regis has an estimated sale value of £92,149 and an estimated rental value of £629 per month, assuming reasonable condition and based on the information available.
The apartment sits within North Lodge, Pagham Road, Bognor Regis, PO21.
Pagham Road, Bognor Regis, PO21 lies in the borough of Arun, within the PO21 postal district.
Our Data Sources
Flat 5, North Lodge, Bognor Regis has 41 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, North Lodge, Bognor Regis would be worth £96,756, with a potential rental value of £660 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £85,698, with a rental value of £585 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, North Lodge, Bognor Regis has declined by £2,171 (2.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £23 (3.7%). The property's estimated gross yield is currently 8.2%.
Energy Efficiency
Flat 5, North Lodge, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 5, North Lodge, Bognor Regis last changed hands on 4th November 2021, selling for £100,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 24.1% since November 2021.
- Sold Nov 2021£100,000
- Sold Nov 2011£58,000
- Sold Aug 2006£93,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 750 metres of Flat 5, North Lodge, Bognor Regis across the last 2 years.
Most recently, Flat 7, North Lodge, Pagham Road, Bognor Regis, PO21 3TE, a leasehold flat, sold at £65,000 on the 13th September 2024.
Read more about house prices in PO21.
- Sold Sep 2024£65,000 | 1 Bed FlatFlat 7, North Lodge, Pagham Road, Bognor Regis, PO21 3TEFlat 7, North Lodge, Pagham Road, Bognor Regis, PO21 3TE
- Sold Aug 2024£70,000 | 1 Bed FlatFlat 9, North Lodge, Pagham Road, Bognor Regis, PO21 3TEFlat 9, North Lodge, Pagham Road, Bognor Regis, PO21 3TE
- Sold Aug 2023£92,000 | 1 Bed FlatFlat 10, North Lodge, Pagham Road, Bognor Regis, PO21 3TEFlat 10, North Lodge, Pagham Road, Bognor Regis, PO21 3TE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 5, North Lodge, Bognor Regis as the 152nd largest and the 165th most expensive of the 194 addresses on Pagham Road, Bognor Regis, PO21.
Against the PO21 postcode district average, it is £224k less expensive than the typical property.
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Schools Nearby
- 800mRose Green Infant School
- 900mRose Green Junior School
- 2.9kmNyewood CofE Junior School
- 3.4kmThe Regis School
- 5.7kmFelpham Community College
- 6.0kmChichester High School
More reading links
Public Transport Nearby
Bognor Regis station is the nearest stop to Flat 5, North Lodge, Bognor Regis at 4.2 kilometres away.
- 4.2kmBognor Regis
- 6.4kmChichester
- 8.5kmFishbourne (Sussex)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
