Average Price for property in Bognor Regis is around £269,445 which varies based on type of property you are interested in and ranges from £387,269 for detached house to around £248,132 for semi-detached. Similarly terraced house is around £209,186 and a flat is worth £149,090. Values have been changing and have risen £1,881 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,332 in last 6 months, £17,106 in last 1 year, £22,886 in last 2 years, £30,722 in last 3 years, £18,292 in last 4 years and £20,019 in last 5 years.
Currently average asking price of a property in Bognor Regis is around £247,600 based on approximately 1,397 properties for sale. Same is the case with rental options based on 179 properties up for rent, average asking rent is around £798 per month.
Estimated property value in Bognor Regis is £269,445. Average asking price is £247,600 while average price paid is £230,390 which is up by £17,106 and Avg. asking rent £798.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bognor Regis area. In last 1 year alone average price buyer paid is around £230,390 based on approximately 1,397 sales in Bognor Regis area alone. If you compare it to last 3 years sales of 3,895 properties where buyers paid around £225,519. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £224,216 for 6,279 and average amount paid for purchase of approx. 8,249 properties sold in last 7 years comes to about £221,126 per sale.