Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

Bognor Regis, PO22 current market prices

The price growth in Bognor Regis is higher than the national average, with the 2 year growth at 1.6 times the national average. Compared to other areas, PO22 is a slightly expensive area, with an average price 2.4% higher than the national average. The average house price in Bognor Regis, PO22 is £374,381 and the average rent is £916.

PO22 Current Averages

Market characteristic PO22 district National PO22 against national
Average price £374,381 £365,598 2.4%
Average rent £1,284 £916 40.2%
Sales per month 29 14 (102,880 Total) +107.1%

PO22 Growth trends

Growth rate PO22 district National
2yr house growth 16.6% 10.1%
2yr CAGR 8% 4.9%
Last 12 months house price growth 5.3% 7.1%

PO22 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £374,381 £355,578 £320,988 £333,271 View houses for sale in PO22
Flats £280,000 £182,809 £197,893 £165,098 View flats for sale in PO22
Detached £462,058 £458,504 £434,422 £649,444 View detached for sale in PO22
Semi-detached £311,421 £301,646 £266,744 £344,167 View semi-detached for sale in PO22
Terraced £235,000 £226,167 £250,573 £271,214 View terraced for sale in PO22
Bungalows N/A N/A N/A £351,512 View bungalows for sale in PO22

Type Historical Average Price
All properties to rent £3,197 View houses for rent in PO22
Flats for rent £858 View flats for rent in PO22
Detached for rent £1,900 View detached for rent in PO22
Semi-detached for rent N/A View semi-detached for rent in PO22
Terraced for rent £1,300 View terraced for rent in PO22
Bungalows for rent £750 View bungalows for rent in PO22

Current market notes

The data above illustrates the relative proportions different types of property in the PO22 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all PO22 sales since 1995. The growth trends table shows the change in average house price for the PO22 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.