16 Gibson Way, Bognor Regis, PO21 1AW is a leasehold flat built between 1991-1995. The property offers approximately 431 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £157,963 , which equates to approximately £367 per square foot. It was last sold on 29 Oct 2024 for £160,500. Since then, the value has decreased by £2,537, representing a 1.6% decrease, or approximately 1.4% per year.

The current estimated value of £157,963 is:

  • 22.0% lower than the average property price on Gibson Way
  • 22.4% lower than the average in the PO21 1AW postcode area
  • and 55.6% lower than the average price for Bognor Regis as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 16 September 2024, the property was recorded as owner-occupied.

View sold house prices in PO21 1AW

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£157,963
Price Per sq ft (estimate)
£367
Bedroom Count (estimate)
1 bedroom

EPC Summary

16 Gibson Way, Bognor Regis, Arun, West Sussex, PO21 1AW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Sep 2024.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 15 Aug 2014. The rating of C is unchanged, though the energy efficiency score decreased by 2.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO21 1AW

20 th / 26
Price Rank
22% lower than average
21 st / 25
Size Rank
20% smaller than average
18 th / 25
Price Per Sq FT Rank
3% lower than average

Compared to other properties in PO21 1AW , this flat's estimated value ranks 20th out of 26. Based on price per square foot, it ranks 18th out of 25 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 21th out of 25 properties in its postcode area.

Sale History

Today
£157,963
streetscan.co.uk estimate
-2 %
29 Oct 2024
£160,500
Leasehold
+67.2 %
20 Feb 2015
£96,000
Leasehold
+11.6 %
30 Apr 2004
£86,000
Leasehold
+36.5 %
30 Nov 2001
£63,000
Leasehold
+32.6 %
4 May 2000
£47,500
Leasehold
+25 %
5 May 1998
£38,000
Leasehold
+10.3 %
28 Apr 1995
£34,450
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 441 sq ft
sale price: £160,000
sale date: 29 Sep 2023
rooms: 2
size: 441 sq ft
sale price: £124,000
sale date: 15 Sep 2016
rooms: 2
size: 420 sq ft
sale price: £97,000
sale date: 5 Feb 2015
rooms: 2
size: 409 sq ft
sale price: £97,500
sale date: 23 Aug 2013
rooms: 2
size: 431 sq ft
sale price: £86,000
sale date: 9 Mar 2009

Data Sources

The property at 16 Gibson Way, Bognor Regis, PO21 1AW appears seven times in the Land Registry records, with the latest transaction recorded on 29 Oct 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Sep 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.