42 Gravits Lane

    42, GRAVITS LANE, BOGNOR REGIS, PO21 5LR

    This flat/maisonette leasehold property on Gravits Lane last sold in March 2014 for £98,000. Based on price growth in the PO21 district since then, its estimated current value is £121,526 — placing it in the 7th percentile nationally and the 8th percentile within PO21. The property covers 64 m² (689 sq ft), giving an estimated value of £1,899 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £98,000

    Mar 2014

    Estimated Valuation

    £121,526

    Est. £/sq ft

    £176/sq ft

    £1,899/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateMay 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Mar 2014

    £98,000

    10 Mar 2003

    £93,000

    12 Jun 1996

    £1,200

    Key Metrics

    Estimated valuation£121,526
    Value per sq ft / m²£176/sq ft (£1,899/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO21 district percentile8th percentile
    National percentile7th 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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