Pilgrims Way, Bognor Regis, PO21

Street Guide For Pilgrims Way, Bognor Regis, PO21

 

Pilgrims Way, Bognor Regis, PO21 Map

Estimated Price: £248,516
Average Asking Price: £213,666
Price change in last one year: £17,219
Average Price Paid: £249,583
Average Rent Rates: £710

 

Property Prices Breakdown in Pilgrims Way, Bognor Regis, PO21

Average Price for property in Pilgrims Way, Bognor Regis, PO21 is around £248,516 which varies based on type of property you are interested in and ranges from £338,343 for detached house to around £224,792 for semi-detached. Similarly terraced house is around £220,550. Values have been changing and have risen £2,302 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,144 in last 6 months, £17,219 in last 1 year, £28,016 in last 2 years, £32,063 in last 3 years, £24,950 in last 4 years and £24,663 in last 5 years.

Currently average asking price of a property in Pilgrims Way, Bognor Regis, PO21 is around £213,666 based on approximately 1 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 Pilgrims Way, Bognor Regis, PO21 is £248,516. Average asking price is £213,666 while average price paid is £190,000 which is up by £17,219 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 Pilgrims Way, Bognor Regis, PO21 area. In last 1 year alone average price buyer paid is around £190,000 based on approximately 1 sales in Pilgrims Way, Bognor Regis, PO21 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £250,625. 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 £249,583 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £234,812 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £114,185, £203,124 for a 2 bedroom house, £265,925 for a 3 bedroom house, £337,889 for a 4 bedroom house and £429,990 for a 5 bedroom house. For a flat similarly the prices varies from £116,142 for a single bedroom to £169,192 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £200,147. To sum up the asking prices for properties in Pilgrims Way, Bognor Regis, PO21 it comes to around average £115,773 for 1 bedroom property, £180,036 for 2 bedroom, £253,893 for 3 bedroom, £337,889 for 4 bedroom and £429,990 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £587 for 1 bedroom to £796 for 2 bedrooms, £954 for 3 bedrooms, £1,663 for 4 bedrooms and £1,575 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £582. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £719, £834 for 3 bedroom and £1,148 for 4 bedroom. You should be generally be expecting around average £582 rent per month for single bedroom property, £736 for 2 bedroom, £932 for 3 bedroom, £1,492 for 4 bedroom and approximately £1,575 for a 5 bedroom property in Pilgrims Way, Bognor Regis, PO21 area.

Popular Houses in Pilgrims Way, Bognor Regis, PO21

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Pilgrims Way, Bognor Regis, PO21