Flat 3, The Lodge, 24 Victoria Drive, Bognor Regis, PO21 2RW is a leasehold flat built between 1967-1975. The property offers approximately 398 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 £78,653 , which equates to approximately £198 per square foot. It was last sold on 23 Oct 2023 for £80,000. Since then, the value has decreased by £1,347, representing a 1.7% decrease, or approximately 0.8% per year.

The current estimated value of £78,653 is:

  • 66.8% lower than the average property price on Victoria Drive
  • 59.4% lower than the average in the PO21 2RW postcode area
  • and 77.9% lower than the average price for Bognor Regis as a whole

View sold house prices in PO21 2RW

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£78,653
Price Per sq ft (estimate)
£198
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, The Lodge, 24 Victoria Drive, Bognor Regis, Arun, West Sussex, PO21 2RW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 20 Dec 2019.

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 30 Jan 2009. The rating of E is unchanged, though the energy efficiency score decreased by 10%.

Since the previous assessment, several changes were observed:

  • The roof energy efficiency changing from poor to very poor, with the construction or insulation remaining flat, limited insulation (assumed).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO21 2RW

10 th / 10
Price Rank
59% lower than average
5 th / 7
Size Rank
41% smaller than average
6 th / 7
Price Per Sq FT Rank
31% lower than average

Compared to other properties in PO21 2RW , this flat's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 6th out of 7 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 5th out of 7 properties in its postcode area.

Sale History

Today
£78,653
streetscan.co.uk estimate
-2 %
23 Oct 2023
£80,000
Leasehold
+166.7 %
6 Dec 1999
£30,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 377 sq ft
sale price: £90,000
sale date: 10 Oct 2006
rooms: 2
size: 377 sq ft
sale price: £92,500
sale date: 22 Jun 2004
rooms: 2
size: 409 sq ft
sale price: £46,000
sale date: 24 Aug 2001
rooms: 2
size: 355 sq ft
sale price: £103,000
sale date: 8 Nov 2024
rooms: 2
size: 441 sq ft
sale price: £115,000
sale date: 22 May 2024

Data Sources

The property at Flat 3, The Lodge, 24 Victoria Drive, Bognor Regis, PO21 2RW appears two times in the Land Registry records, with the latest transaction recorded on 23 Oct 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Dec 2019. 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.


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