Flat 7 Red Ridges Kings Parade

    FLAT 7 RED RIDGES, KINGS PARADE, BOGNOR REGIS, PO21 2TS

    This flat/maisonette leasehold property on Kings Parade last sold in May 2014 for £130,000. Based on price growth in the PO21 district since then, its estimated current value is £161,207 — placing it in the 15th percentile nationally and the 18th percentile within PO21. The property covers 47 m² (506 sq ft), giving an estimated value of £3,430 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £130,000

    May 2014

    Estimated Valuation

    £161,207

    Est. £/sq ft

    £319/sq ft

    £3,430/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area506 sq ft (47 m²)
    EPC dateAug 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    23 May 2014

    £130,000

    Key Metrics

    Estimated valuation£161,207
    Value per sq ft / m²£319/sq ft (£3,430/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO21 district percentile18th percentile
    National percentile15th 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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