Flat 25, Melanies Gardens Mead Lane, Bognor Regis, PO21 1LS is a leasehold flat built between 1983-1990. The property offers approximately 474 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £134,375 , which equates to approximately £284 per square foot. It was last sold on 24 Feb 2023 for £142,000. Since then, the value has decreased by £7,625, representing a 5.4% decrease, or approximately 1.9% per year.

The current estimated value of £134,375 is:

  • 49.0% lower than the average property price on Mead Lane
  • 10.4% lower than the average in the PO21 1LS postcode area
  • and 62.2% lower than the average price for Bognor Regis as a whole

At the most recent EPC inspection on 24 October 2022, the property was recorded as rented.

View sold house prices in PO21 1LS

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
474 sq ft
Tenure
Leasehold
Price (estimate)
£134,375
Price Per sq ft (estimate)
£284
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 25, Melanies Gardens Mead Lane, Bognor Regis, Arun, West Sussex, PO21 1LS has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Oct 2022.

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 14 Jul 2009. The rating of C is unchanged, though the energy efficiency score decreased by 6.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from cavity wall, with internal insulation to cavity wall, filled cavity, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 16% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO21 1LS

25 th / 27
Price Rank
10% lower than average
10 th / 26
Size Rank
2% bigger than average
26 th / 26
Price Per Sq FT Rank
13% lower than average

Compared to other properties in PO21 1LS , this flat's estimated value ranks 25th out of 27. Based on price per square foot, it ranks 26th out of 26 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 10th out of 26 properties in its postcode area.

Sale History

Today
£134,375
streetscan.co.uk estimate
-5 %
24 Feb 2023
£142,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 474 sq ft
sale price: £105,000
sale date: 29 Oct 2024
rooms: 2
size: 441 sq ft
sale price: £137,500
sale date: 24 Mar 2021
rooms: 3
size: 484 sq ft
sale price: £160,000
sale date: 5 Feb 2021
rooms: 2
size: 420 sq ft
sale price: £134,750
sale date: 29 Jan 2021
rooms: 2
size: 506 sq ft
sale price: £136,500
sale date: 25 Jun 2018

Data Sources

The property at Flat 25, Melanies Gardens Mead Lane, Bognor Regis, Arun, West Sussex, PO21 1LS appears once in the Land Registry records, with the transaction recorded on 24 Feb 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 2022. 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.