Average Price for property in Summer Lane, Bognor Regis, PO21 is around £366,995 which varies based on type of property you are interested in and ranges from £413,282 for detached house to around £274,422 for semi-detached. Similarly terraced house is around £259,951. Values have been changing and have risen £3,398 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,070 in last 6 months, £25,425 in last 1 year, £41,364 in last 2 years, £47,341 in last 3 years, £36,836 in last 4 years and £36,410 in last 5 years.
Currently average asking price of a property in Summer Lane, 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 Summer Lane, Bognor Regis, PO21 is £366,995. Average asking price is £213,666 while average price paid is £337,500 which is up by £25,425 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 Summer Lane, Bognor Regis, PO21 area. In last 1 year alone average price buyer paid is around £337,500 based on approximately 1 sales in Summer Lane, Bognor Regis, PO21 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £285,625. 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 £291,500 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £282,083 per sale.