Flat 2, 5 Park Road, Bognor Regis, PO21 2PX is a leasehold flat built between 1930-1949. The property offers approximately 700 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £135,889 , which equates to approximately £194 per square foot. It was last sold on 31 Jul 1998 for £35,500. Since then, the value has increased by £100,389, representing a 282.8% increase, or approximately 10.3% per year.

The current estimated value of £135,889 is:

  • 40.0% lower than the average property price on Park Road
  • 19.7% lower than the average in the PO21 2PX postcode area
  • and 61.8% lower than the average price for Bognor Regis as a whole

At the most recent EPC inspection on 17 February 2021, the property was recorded as rented.

View sold house prices in PO21 2PX

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£135,889
Price Per sq ft (estimate)
£194
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, 5 Park Road, Bognor Regis, Arun, West Sussex, PO21 2PX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Feb 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 6 Apr 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 1.4%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from low energy lighting in 12% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO21 2PX

37 th / 42
Price Rank
20% lower than average
19 th / 35
Size Rank
1% smaller than average
29 th / 35
Price Per Sq FT Rank
19% lower than average

Compared to other properties in PO21 2PX , this flat's estimated value ranks 37th out of 42. Based on price per square foot, it ranks 29th out of 35 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 19th out of 35 properties in its postcode area.

Sale History

Today
£135,889
streetscan.co.uk estimate
+283 %
31 Jul 1998
£35,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £184,000
sale date: 16 Jun 2022
rooms: 4
size: 721 sq ft
sale price: £192,500
sale date: 31 May 2022
rooms: 3
size: 667 sq ft
sale price: £170,000
sale date: 1 Apr 2021
rooms: 2
size: 721 sq ft
sale price: £149,000
sale date: 23 Nov 2020
rooms: 3
size: 729 sq ft
sale price: £149,000
sale date: 3 Aug 2020

Data Sources

The property at Flat 2, 5 Park Road, Bognor Regis, Arun, West Sussex, PO21 2PX appears once in the Land Registry records, with the transaction recorded on 31 Jul 1998. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Feb 2021. 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.