Your Move says ..

Property Oracle says ..

The property is a 2-bedroom flat with 1 bathroom, situated in the Orchard locality of Bognor Regis. The flat is 524 sqft and sits on a 624 sqft plot. The list price is £175,000. The property appears to be in good condition. Images show a recently renovated or modernised interior with a new kitchen and bathroom. The exterior also appears well-maintained. The presence of a small garden is a positive aspect. The location is good, with nearby transportation links (Bognor Regis train station is 0.47km away). Several schools are within a reasonable distance, including Bognor Regis Nursery School (Outstanding Ofsted rating) which is only 0.52km away. Considering the average house price in the area is significantly higher (£761,083) and the average price per sqft is £597, the list price of £175,000 for this 524 sqft flat appears reasonable, especially given its renovated condition and proximity to amenities. However, it’s important to note that the average prices provided are for all property types, not just flats, and the average sqft is considerably larger than the subject property. Nearby comparable properties (flats on Cranford Gardens) show prices ranging from £43,000 to £170,500, suggesting the £175,000 price is at the higher end of the range but not unreasonable given the apparent recent refurbishment. Further analysis of comparable properties with similar size and condition would be beneficial to confirm this assessment.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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