Ocean Wave Sea Road

    OCEAN WAVE, SEA ROAD, BOGNOR REGIS, PO22 7AN

    This terraced freehold property on Sea Road last sold in November 2022 for £175,000. Based on price growth in the PO22 district since then, its estimated current value is £172,637 — placing it in the 18th percentile nationally and the 10th percentile within PO22. The property covers 43 m² (463 sq ft), giving an estimated value of £4,015 per m². The EPC rating is G, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £175,000

    Nov 2022

    Estimated Valuation

    £172,637

    Est. £/sq ft

    £373/sq ft

    £4,015/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentG
    EPC potentialC
    Floor area463 sq ft (43 m²)
    EPC dateAug 2022
    WallsTimber frame, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    14 Nov 2022

    £175,000

    Key Metrics

    Estimated valuation£172,637
    Value per sq ft / m²£373/sq ft (£4,015/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO22 district percentile10th percentile
    National percentile18th percentile

    District Context — PO22

    PO22 covers the Isle of Wight, situated off the south coast of England between Southampton and Portsmouth. It is a well-established residential and holiday destination with strong appeal to families and retirees seeking a quieter, seaside way of life.

    Average Property Price - PO22

    £383,943

    64

    National percentile

    Average Net Household Income - PO22

    £38,536

    52

    National percentile

    10-Year Annualised Price Growth - PO22

    3.3%

    39

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO22

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