Flat 2 Red Ridges Kings Parade

    FLAT 2 RED RIDGES, KINGS PARADE, BOGNOR REGIS, PO21 2TS

    This flat/maisonette leasehold property on Kings Parade last sold in December 2014 for £124,999. Based on price growth in the PO21 district since then, its estimated current value is £155,006 — placing it in the 14th percentile nationally and the 16th percentile within PO21. The property covers 48 m² (517 sq ft), giving an estimated value of £3,229 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £124,999

    Dec 2014

    Estimated Valuation

    £155,006

    Est. £/sq ft

    £300/sq ft

    £3,229/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateApr 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Dec 2014

    £124,999

    30 Sept 1996

    £49,000

    Key Metrics

    Estimated valuation£155,006
    Value per sq ft / m²£300/sq ft (£3,229/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO21 district percentile16th percentile
    National percentile14th percentile

    District Context — PO21

    PO21 covers the Isle of Wight's central and southern areas, including Shanklin and Sandown. It is a long-established seaside destination with a mature population and a mix of holiday, retirement, and family homes.

    Average Property Price - PO21

    £346,740

    55

    National percentile

    Average Net Household Income - PO21

    £33,765

    24

    National percentile

    10-Year Annualised Price Growth - PO21

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO21

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