Flat 7, Summerley Point
Flat 7, Summerley Point
Description & Estimates
According to the public record, Flat 7, Summerley Point, Bognor Regis is a modern leasehold apartment with 1,065 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, Summerley Point, Bognor Regis is £335,389 and the estimated rental value is £1,107 per month.
The apartment is within Summerley Point, Summerley Lane, Bognor Regis, PO22.
Summerley Lane, Bognor Regis, PO22 is located in the borough of Arun within the PO22 postal district.
Our Data Sources
Flat 7, Summerley Point, Bognor Regis has a single entry in the Land Registry from December 2015 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.
Price Range & Condition
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 7, Summerley Point, Bognor Regis is in very good condition we estimate a sale value of £352,159 and a rental value of £1,162 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,912 and a rental value of £1,029 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 7, Summerley Point, Bognor Regis has dropped by £5,251 (1.6%), while its estimated rental value has risen by £46 per month (4.2%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Energy Efficiency
Flat 7, Summerley Point, Bognor Regis has an Energy Performance Rating (EPC) of B. 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.
Sold Prices
According to HM Land Registry, Flat 7, Summerley Point, Bognor Regis was last sold on 18th December 2015 for £342,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has dropped by 11.6%.
- Sold Dec 2015£342,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Summerley Point, Bognor Regis within a radius of 740 metres over the last 2 years.
The most recent example is Apartment 8, Summerley Gate, Southview Road, Bognor Regis, PO22 7BF, a leasehold flat which sold for £315,000 on the 4th December 2024.
Read more about house prices in PO22.
- Sold Dec 2024£315,000 | 3 Bed FlatSummerley Gate, Southview RoadApartment 8, Summerley Gate, Southview Road, Bognor Regis, PO22 7BF
- Sold Aug 2024£300,000 | 3 Bed FlatSummerley Gate, Southview RoadApartment 9, Summerley Gate, Southview Road, Bognor Regis, PO22 7BF
- Sold Jul 2024£300,000 | 3 Bed FlatSummerley Gate, Southview RoadApartment 5, Summerley Gate, Southview Road, Bognor Regis, PO22 7BF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Summerley Lane, Bognor Regis, PO22 has a total of 51 addresses. According to our analysis of all the public data, Flat 7, Summerley Point, Bognor Regis is the 22nd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in PO22.
More reading links
Schools Nearby
- 900mBishop Tufnell CofE Primary School, Felpham
- 1.2kmDownview Primary School
- 2.1kmEdward Bryant School
- 1.0kmFelpham Community College
- 3.4kmThe Regis School
- 4.8kmSt Philip Howard Catholic School
More reading links
Public Transport Nearby
The closest station to Flat 7, Summerley Point, Bognor Regis is Bognor Regis station, which is 2.4 kilometres away.
- 2.4kmBognor Regis
- 4.5kmBarnham
- 6.3kmFord
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
