Flat 4, Richmond House Richmond Road, Bognor Regis, PO21 1BU is a leasehold flat built between 1991-1995. The property offers approximately 689 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 £161,085 , which equates to approximately £234 per square foot. It was last sold on 29 Jun 2005 for £109,000. Since then, the value has increased by £52,085, representing a 47.8% increase, or approximately 2.3% per year.

The current estimated value of £161,085 is:

  • 5.1% lower than the average property price on Richmond Road
  • 8.8% higher than the average in the PO21 1BU postcode area
  • and 54.7% lower than the average price for Bognor Regis as a whole

At the most recent EPC inspection on 25 November 2021, the property was recorded as rented.

View sold house prices in PO21 1BU

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£161,085
Price Per sq ft (estimate)
£234
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, Richmond House Richmond Road, Bognor Regis, Arun, West Sussex, PO21 1BU has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 25 Nov 2021.

A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Jul 2020, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 400%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from flat, no insulation (assumed) to flat, insulated (assumed), improving energy efficiency from very poor to average.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
  • The lighting was updated from low energy lighting in 63% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Flat, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO21 1BU

8 th / 12
Price Rank
9% higher than average
2 nd / 11
Size Rank
22% bigger than average
10 th / 11
Price Per Sq FT Rank
11% lower than average

Compared to other properties in PO21 1BU , this flat's estimated value ranks 8th out of 12. Based on price per square foot, it ranks 10th out of 11 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 2nd out of 11 properties in its postcode area.

Sale History

Today
£161,085
streetscan.co.uk estimate
+48 %
29 Jun 2005
£109,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 593 sq ft
sale price: £125,000
sale date: 27 Nov 2015
rooms: 3
size: 697 sq ft
sale price: £98,500
sale date: 24 Apr 2014
rooms: 3
size: 614 sq ft
sale price: £125,000
sale date: 7 Aug 2006
rooms: 3
size: 663 sq ft
sale price: £105,000
sale date: 24 Aug 2005
rooms: 3
size: 678 sq ft
sale price: £40,000
sale date: 27 Sep 1996

Data Sources

The property at Flat 4, Richmond House Richmond Road, Bognor Regis, Arun, West Sussex, PO21 1BU appears once in the Land Registry records, with the transaction recorded on 29 Jun 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Nov 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.


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