20 Gibson Way, Bognor Regis, PO21 1AW is a leasehold flat built between 1991-1995. The property offers approximately 420 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £126,006 , which equates to approximately £300 per square foot. It was last sold on 5 Feb 2015 for £97,000. Since then, the value has increased by £29,006, representing a 29.9% increase, or approximately 2.7% per year.

The current estimated value of £126,006 is:

  • 37.8% lower than the average property price on Gibson Way
  • 38.1% lower than the average in the PO21 1AW postcode area
  • and 64.6% 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 once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 9 January 2023, the property was recorded as rented.

View sold house prices in PO21 1AW

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
420 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£126,006
Price Per sq ft (estimate)
£300
Bedroom Count (estimate)
1 bedroom

EPC Summary

20 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 9 Jan 2023.

This property uses electric storage 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 24 Jul 2020, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 11.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 400 mm loft insulation, improving energy efficiency from poor to very good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 400 mm loft insulation
Very Good
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

26 th / 26
Price Rank
38% lower than average
22 nd / 25
Size Rank
22% smaller than average
24 th / 25
Price Per Sq FT Rank
21% lower than average

Compared to other properties in PO21 1AW , this flat's estimated value ranks 26th out of 26. Based on price per square foot, it ranks 24th 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 22th out of 25 properties in its postcode area.

Sale History

Today
£126,006
streetscan.co.uk estimate
+30 %
5 Feb 2015
£97,000
Leasehold
-19.8 %
8 May 2007
£121,000
Leasehold
+31.5 %
18 Mar 2004
£92,000
Leasehold
+67.4 %
4 Jun 2001
£54,950
Leasehold
+19.5 %
2 Jun 2000
£46,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 431 sq ft
sale price: £160,500
sale date: 29 Oct 2024
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: 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 20 Gibson Way, Bognor Regis, PO21 1AW appears five times in the Land Registry records, with the latest transaction recorded on 5 Feb 2015. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jan 2023. 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.