Loraine, Bognor Regis
Loraine, Bognor Regis
Description & Estimates
Loraine, Bognor Regis is recorded publicly as a period freehold house across 613 ft2 of internal area, sitting on a 86.9 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Loraine, Bognor Regis is £250,421 and its rental estimate is £1,306 per month, given the available information and assuming reasonable condition.
Sea Road, Bognor Regis, PO22 falls within the PO22 postal district, in the borough of Arun.
Our Data Sources
Loraine, Bognor Regis has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated July 2021.
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
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 Loraine, Bognor Regis, we estimate a market value of £262,942 and a rental value of £1,372 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £232,892 and £1,215 per month respectively.
Recent Market Change
Over the last year, Loraine, Bognor Regis has seen its estimated sale value fall by £5,599 (2.2%) and its estimated rental value move up by £50 per month (3.8%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for Loraine, Bognor Regis as measuring 87 m2.
That makes it the 6th largest plot in the postcode, where 11 of the 18 other houses have recorded plot data.
Energy Efficiency
Loraine, Bognor Regis has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Loraine, Bognor Regis completed on 5th November 2021 at £152,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.4% over the period since November 2021.
- Sold Nov 2021£152,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Loraine, Bognor Regis have sold within a radius of 990 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd February 2024, was 6, Kingsmead, Bognor Regis, PO22 7BE, a leasehold house which sold for £275,000.
Read more about house prices in PO22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 43 addresses on Sea Road, Bognor Regis, PO22, Loraine, Bognor Regis comes out as the 28th largest and the 23rd most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the PO22 district.
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Schools Nearby
- 1.1kmSt Mary's Catholic Primary School
- 1.2kmEdward Bryant School
- 1.4kmDownview Primary School
- 900mFelpham Community College
- 2.6kmThe Regis School
- 5.5kmSt Philip Howard Catholic School
More reading links
Public Transport Nearby
From Loraine, Bognor Regis, the nearest station is Bognor Regis, 1.4 kilometres away.
- 1.4kmBognor Regis
- 5.3kmBarnham
- 7.4kmFord
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
