Flat 5 Red Ridges Kings Parade

    FLAT 5 RED RIDGES, KINGS PARADE, BOGNOR REGIS, PO21 2TS

    This flat/maisonette leasehold property on Kings Parade last sold in August 2021 for £173,000. Based on price growth in the PO21 district since then, its estimated current value is £156,178 — placing it in the 14th percentile nationally and the 16th percentile within PO21. The property covers 77 m² (829 sq ft), giving an estimated value of £2,028 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £173,000

    Aug 2021

    Estimated Valuation

    £156,178

    Est. £/sq ft

    £188/sq ft

    £2,028/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateFeb 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    16 Aug 2021

    £173,000

    13 Aug 2010

    £190,000

    20 Feb 2004

    £179,000

    10 Jun 2002

    £141,500

    30 May 1996

    £65,000

    Key Metrics

    Estimated valuation£156,178
    Value per sq ft / m²£188/sq ft (£2,028/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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