House Prices in BN43 House Prices in BN43 (Shoreham-By-Sea)

The average house price in BN43 (Shoreham-By-Sea) is £394,011 using HM Land Registry data.

The average property price increased by £63,718 (22.76%) over the last 5 years and increased by £12,767 (3.51%) over the last 12 months.

Over the last year, there were 270 residential property sales – a decrease of 83 transactions (-30.74%) relative to the previous year. The majority of house sales (63) were in the £420,000 - £500,000 range. Then came properties in the £340,000 - £420,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 182 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,741 (-3%).

In Dec 24, there were 32 new estate agency instructions, 18 agreed home sales and 25 property price reductions.

5-Year Average Property Prices in BN43 (Shoreham-By-Sea)

22.76%

Property prices in Shoreham-By-Sea increased by 22.76% 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 BN43 (Shoreham-By-Sea) Over the Last Year

3.51%

Property prices in Shoreham-By-Sea increased by 3.51% 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 BN43 (Shoreham-By-Sea) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 BN43 (Shoreham-By-Sea)

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 BN43 (Shoreham-By-Sea)

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 BN43 (Shoreham-By-Sea)

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 BN43 (Shoreham-By-Sea) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BN43 postcode area since 1995.

Recent Sales in BN43 (Shoreham-By-Sea)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Southview Close, Shoreham-by-sea, West Sussex, BN43 6LJ£475,000£460,000-£15,00020 Jun 202414 Nov 2024147 Days
69 Hammy Way, Shoreham-by-sea, West Sussex, BN43 6GH£425,000£425,000£0023 Feb 202429 Oct 2024249 Days
22 Park Road, Shoreham-by-sea, West Sussex, BN43 6PF£400,000£400,000£0008 May 202421 Oct 2024166 Days
4 The Marlinespike, Shoreham-by-sea, West Sussex, BN43 5RD£650,000£640,000-£10,00021 Nov 202318 Oct 2024332 Days
47 Riverside Road, Shoreham-by-sea, West Sussex, BN43 5RB£699,995£660,000-£39,99524 May 202414 Oct 2024143 Days
2 Larke Close, Shoreham-by-sea, West Sussex, BN43 6ED£450,000£450,000£0017 May 202414 Oct 2024150 Days
55 Beach Green, Shoreham-by-sea, West Sussex, BN43 5YE£900,000£900,000£0027 Feb 202411 Oct 2024227 Days
30 Gordon Road, Shoreham-by-sea, West Sussex, BN43 6WE£499,950£490,000-£9,95005 Apr 202410 Oct 2024188 Days
24 St Giles Close, Shoreham-by-sea, West Sussex, BN43 6GR£375,000£350,000-£25,00002 Oct 202301 Oct 2024365 Days
7 Kingston Close, Shoreham-by-sea, West Sussex, BN43 6LP£300,000£300,000£0019 Apr 202405 Aug 2024108 Days
41 Cheal Close, Shoreham-by-sea, West Sussex, BN43 5RQ£435,000£430,000-£5,00007 Mar 202408 Jul 2024123 Days
47 Church Green, Shoreham-by-sea, West Sussex, BN43 6JQ£425,000£415,000-£10,00024 Aug 202328 Jun 2024309 Days
75 Middle Road, Shoreham-by-sea, West Sussex, BN43 6LL£325,000£310,000-£15,00015 Feb 202428 Jun 2024134 Days
206 Harbour Way, Shoreham-by-sea, West Sussex, BN43 5HZ£400,000£385,000-£15,00026 Dec 202314 Jun 2024171 Days
1 Sussex Wharf, Shoreham-by-sea, West Sussex, BN43 5PS£479,995£439,000-£40,99506 Dec 202307 Jun 2024184 Days
20 Fowey Close, Shoreham-by-sea, West Sussex, BN43 5HE£689,950£653,000-£36,95004 Jun 202407 Jun 20243 Days
70 The Meadway, Shoreham-by-sea, West Sussex, BN43 5RP£550,000£540,000-£10,00029 Feb 202430 May 202491 Days
12 Ravensbourne Avenue, Shoreham-by-sea, West Sussex, BN43 6AB£700,000£700,000£0017 Jun 202329 May 2024347 Days
10 The Marlinespike, Shoreham-by-sea, West Sussex, BN43 5RD£750,000£750,000£0022 Feb 202420 May 202488 Days
168 Downside, Shoreham-by-sea, West Sussex, BN43 6HD£475,000£475,000£0029 Aug 202314 May 2024259 Days

Most Expensive Streets in BN43 (Shoreham-By-Sea)

PostcodeStreetAreaAverageNo. of Sales
BN43 5HBOld Fort Road, Shoreham-by-seaShoreham-By-Sea£1,490,9287
BN43 5HLOld Fort Road, Shoreham-by-seaShoreham-By-Sea£1,390,5559
BN43 5RJOld Fort Road, Shoreham-by-seaShoreham-By-Sea£1,326,2504
BN43 5HAOld Fort Road, Shoreham-by-seaShoreham-By-Sea£1,113,85010
BN43 5HPKingston Bay Road, Shoreham-by-seaShoreham-By-Sea£1,091,6663
BN43 5ADWindlesham Gardens, Shoreham-by-seaShoreham-By-Sea£1,078,3333
BN43 5LGKings Walk, Shoreham-by-seaShoreham-By-Sea£1,063,3333
BN43 5UDBuckingham Road, Shoreham-by-seaShoreham-By-Sea£1,039,0004
BN43 5THMill Hill, Shoreham-by-seaShoreham-By-Sea£992,5004
BN43 5QHOyster Quay, Shoreham-by-seaShoreham-By-Sea£972,5004

Least Expensive Streets in BN43 (Shoreham-By-Sea)

PostcodeStreetAreaAverageNo. of Sales
BN43 5TZOakland Court, Buckingham RoadShoreham-By-Sea£146,36311
BN43 6REBrighton Road, Shoreham-by-seaShoreham-By-Sea£155,0003
BN43 6BWFairlawns, Upper Shoreham RoadShoreham-By-Sea£166,8005
BN43 5WHSwiss Gardens, Shoreham-by-seaShoreham-By-Sea£181,21816
BN43 5TBBuckingham Street, Shoreham-by-seaShoreham-By-Sea£185,5513
BN43 5FTNormans Court, Shoreham-by-seaShoreham-By-Sea£205,6663
BN43 6RDPashley Court, Surry Street, Shoreham-by-seaShoreham-By-Sea£206,6663
BN43 6RSJevington Court, Kingston LaneShoreham-By-Sea£210,0004
BN43 5PJBritannia Avenue, Shoreham-by-seaShoreham-By-Sea£210,0624
BN43 6GYSompting Court, St Giles CloseShoreham-By-Sea£216,6663

Explore BN43 (Shoreham-By-Sea) using map