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House Prices in PO21 House Prices in PO21 (Bognor Regis)

The average house price in PO21 (Bognor Regis) is £337,065 using HM Land Registry data.

The average property price increased by £62,263 (68.16%) over the last 5 years and increased by £12,475 (8.01%) over the last 12 months.

Over the last year, there were 458 residential property sales – a decrease of 212 transactions (-46.29%) relative to the previous year. The majority of house sales (106) were in the £292,000 - £378,000 range. Then came properties in the £206,000 - £292,000 range, where 96 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,991 (-3%).

In Oct 24, there were 122 new estate agency instructions, 112 agreed home sales and 129 property price reductions.

Nearby Postcodes: BN17, BN18, PO18, PO19, PO20, PO22

5-Year Average Property Prices in PO21 (Bognor Regis)

68.16%

Property prices in Bognor Regis increased by 68.16% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PO21 (Bognor Regis) Over the Last Year

8.01%

Property prices in Bognor Regis increased by 8.01% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for PO21 (Bognor Regis) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PO21 (Bognor Regis)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PO21 (Bognor Regis)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PO21 (Bognor Regis)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PO21 (Bognor Regis) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO21 postcode area since 1995.

Recent Sales in PO21 (Bognor Regis)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Litle Babbsham, Bognor Regis, West Sussex, PO21 3SZ£750,000£730,000-£20,00020 Apr 202421 Aug 2024123 Days
3 West Meads Drive, Bognor Regis, West Sussex, PO21 5ST£315,000£290,000-£25,00008 May 202416 Aug 2024100 Days
16 South Way, Bognor Regis, West Sussex, PO21 5HA£350,000£340,000-£10,00017 Apr 202413 Aug 2024118 Days
10 Abeckets Avenue, Bognor Regis, West Sussex, PO21 4LX£600,000£585,000-£15,00008 May 202409 Aug 202493 Days
16 Fletcher Close, Bognor Regis, West Sussex, PO21 3NR£350,000£330,000-£20,00030 Oct 202309 Aug 2024284 Days
Flat 6, Huron Court, Gravits Lane, Bognor Regis, West Sussex, PO21 5LT£260,000£250,000-£10,00014 Mar 202409 Aug 2024148 Days
17 Barons Mead, Bognor Regis, West Sussex, PO21 4SF£300,000£270,000-£30,00008 Feb 202409 Aug 2024183 Days
16 Rock Gardens, Bognor Regis, West Sussex, PO21 2LE£250,000£240,000-£10,00003 Apr 202407 Aug 2024126 Days
30 Stanmore Gardens, Bognor Regis, West Sussex, PO21 3AS£349,950£345,000-£4,95002 May 202406 Aug 202496 Days
36a, Marshall Avenue, Bognor Regis, West Sussex, PO21 2TR£315,000£310,000-£5,00028 Feb 202405 Aug 2024159 Days
66 Church Way, Bognor Regis, West Sussex, PO21 4QQ£367,500£357,500-£10,00028 Mar 202402 Aug 2024127 Days
89 Hewarts Lane, Bognor Regis, West Sussex, PO21 3DJ£275,000£260,000-£15,00007 Dec 202331 Jul 2024237 Days
10 Sea Way, Pagham, Bognor Regis, West Sussex, PO21 4UF£450,000£450,000£0015 Apr 202426 Jul 2024102 Days
9 Swandene, Bognor Regis, West Sussex, PO21 4UP£294,950£285,000-£9,95013 Nov 202324 Jul 2024254 Days
2a, Lagoon Road, Bognor Regis, West Sussex, PO21 4TJ£500,000£490,000-£10,00030 Nov 202323 Jul 2024236 Days
206 Manor Way, Aldwick, Bognor Regis, West Sussex, PO21 4HW£900,000£900,000£0016 May 202422 Jul 202467 Days
37 Langley Grove, Bognor Regis, West Sussex, PO21 4LJ£350,000£350,000£0002 Feb 202419 Jul 2024168 Days
12 Wellington Road, Bognor Regis, West Sussex, PO21 2RR£410,000£400,000-£10,00001 Feb 202418 Jul 2024168 Days
9 Southdown Road, Bognor Regis, West Sussex, PO21 2JS£375,000£374,268-£73217 Jan 202418 Jul 2024183 Days
7 Ruislip Gardens, Bognor Regis, West Sussex, PO21 4LB£425,000£425,000£0022 Sep 202318 Jul 2024300 Days

Most Expensive Streets in PO21 (Bognor Regis)

PostcodeStreetAreaAverageNo. of Sales
PO21 4ERThe Byeway, AldwickBognor Regis£1,875,0003
PO21 4DSThe DriveBognor Regis£1,361,8904
PO21 4ATMarquis WayBognor Regis£958,3333
PO21 4DQKingswayBognor Regis£952,0704
PO21 4HSManor Way, AldwickBognor Regis£898,3333
PO21 4HNManor Way, AldwickBognor Regis£888,3333
PO21 4BZBarrack LaneBognor Regis£878,3333
PO21 4DHKingswayBognor Regis£841,0005
PO21 4DFCypress WayBognor Regis£797,8694
PO21 4EYTithe Barn CloseBognor Regis£774,6663

Least Expensive Streets in PO21 (Bognor Regis)

PostcodeStreetAreaAverageNo. of Sales
PO21 2NQHomecroft House, Sylvan WayBognor Regis£69,2188
PO21 2LRDanehurst, Sylvan WayBognor Regis£79,1254
PO21 2NGHomecroft House, Sylvan WayBognor Regis£81,5836
PO21 3TGGarden Lodge, Pagham RoadBognor Regis£89,8336
PO21 3JBOakland Court, Nyetimber LaneBognor Regis£90,1119
PO21 1SQClock Walk, High Street, Bognor RegisBognor Regis£92,7005
PO21 1AHSovereign Court, Campbell RoadBognor Regis£95,88330
PO21 3TENorth Lodge, Pagham RoadBognor Regis£99,0005
PO21 3TQSouth Lodge, Pagham RoadBognor Regis£101,2504
PO21 2EDVictoria DriveBognor Regis£101,3333

Explore PO21 (Bognor Regis) using map

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