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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, Tower House, Bognor Regis is £144,636 and the estimated rental value is £860 per month.
The apartment is within Tower House, Havelock Close, Bognor Regis, PO22.
Havelock Close, Bognor Regis, PO22 is located in the borough of Arun within the PO22 postal district.
Flat 5, Tower House, Bognor Regis has 2 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated April 2023.
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.
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 5, Tower House, Bognor Regis is in very good condition we estimate a sale value of £151,867 and a rental value of £903 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,511 and a rental value of £800 per month.
Over the last 12 months the sale value of Flat 5 Tower House Bognor Regis has decreased by an estimated £3,254 (2.2%) and its rental value has increased by an estimated £32 per month (3.7%), giving an expected gross yield of 7.1%.
Flat 5, Tower House, Bognor Regis has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 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 5, Tower House, Bognor Regis was last sold on 29th January 2021 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2021, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Tower House, Bognor Regis within a radius of 950 metres over the last 2 years.
The most recent example is Flat 2, 9 Ithaca Terrace , Havelock Close, Bognor Regis, PO22 7AX, a leasehold flat which sold for £133,700 on the 27th January 2020.
Read more about house prices in PO22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Havelock Close, Bognor Regis, PO22 has a total of 37 addresses. According to our analysis of all the public data, Flat 5, Tower House, Bognor Regis is the 29th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in PO22.
The closest station to Flat 5, Tower House, Bognor Regis is Bognor Regis station which is 1.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Tower House, Bognor Regis, 40.2% of property is privately rented and 37.0% is privately owned outright.
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 5, Tower House, Bognor Regis, 12.9% of residents are recorded as possessing school level qualifications and 25.7% 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 5, Tower House, 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 5, Tower House, Bognor Regis, 0.8% 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 5, Tower House, Bognor Regis, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.