Flat 4, The Lodge, 24 Victoria Drive, Bognor Regis, PO21 2RW is a leasehold flat built between 1976-1982. The property offers approximately 409 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 £115,185 , which equates to approximately £282 per square foot. It was last sold on 24 Aug 2001 for £46,000. Since then, the value has increased by £69,185, representing a 150.4% increase, or approximately 6.2% per year.

The current estimated value of £115,185 is:

  • 51.3% lower than the average property price on Victoria Drive
  • 40.5% lower than the average in the PO21 2RW postcode area
  • and 67.6% 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
1976-1982
Interior Size
409 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£115,185
Price Per sq ft (estimate)
£282
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 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 14 Sep 2019.

This property uses electric room 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 29 Oct 2018, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 96%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The roof energy efficiency improving from very poor to poor, with the construction or insulation remaining flat, limited insulation (assumed).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 20% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Flat, limited insulation (assumed)
Poor
Walls
Solid brick, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to PO21 2RW

8 th / 10
Price Rank
40% lower than average
4 th / 7
Size Rank
39% smaller than average
4 th / 7
Price Per Sq FT Rank
2% lower than average

Compared to other properties in PO21 2RW , this flat's estimated value ranks 8th out of 10. Based on price per square foot, it ranks 4th out of 7 properties. In terms of size, this home ranks 4th out of 7 properties in its postcode area.

Sale History

Today
£115,185
streetscan.co.uk estimate
+150 %
24 Aug 2001
£46,000
Leasehold
0 %
1 Jun 2001
£46,000
Leasehold
+27.8 %
3 Dec 1999
£36,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, The Lodge, 24 Victoria Drive, Bognor Regis, PO21 2RW
rooms: 2
size: 398 sq ft
sale price: £80,000
sale date: 23 Oct 2023
Flat 2, The Lodge, 24 Victoria Drive, Bognor Regis, PO21 2RW
rooms: 2
size: 377 sq ft
sale price: £90,000
sale date: 10 Oct 2006
Flat 1, The Lodge, 24 Victoria Drive, Bognor Regis, PO21 2RW
rooms: 2
size: 377 sq ft
sale price: £92,500
sale date: 22 Jun 2004
Flat 5, The Gables, 16 Victoria Drive, Bognor Regis, PO21 2RJ
rooms: 2
size: 355 sq ft
sale price: £103,000
sale date: 8 Nov 2024
Flat 5, Streete Court, 22 Victoria Drive, Bognor Regis, PO21 2RL
rooms: 2
size: 441 sq ft
sale price: £115,000
sale date: 22 May 2024

Data Sources

The property at Flat 4, The Lodge, 24 Victoria Drive, Bognor Regis, PO21 2RW appears three times in the Land Registry records, with the latest transaction recorded on 24 Aug 2001. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Sep 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.


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.
↑