Values have been changing and have risen £1,507 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,023 in last 6 months, £11,276 in last 1 year, £18,347 in last 2 years, £21,000 in last 3 years, £16,345 in last 4 years and £16,161 in last 5 years.
Currently average asking price of a property in Essex Road, Bognor Regis, PO21 is around £213,666 based on approximately 4 properties for sale. Same is the case with rental options based on 119 properties up for rent, average asking rent is around £710 per month.
Estimated property value in Essex Road, Bognor Regis, PO21 is £162,721. Average asking price is £213,666 while average price paid is £134,175 which is up by £11,276 and Avg. asking rent £710.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 Essex Road, Bognor Regis, PO21 area. In last 1 year alone average price buyer paid is around £134,175 based on approximately 4 sales in Essex Road, Bognor Regis, PO21 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £134,820. 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 £139,205 for 18 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £132,682 per sale.