# House prices in BN11 2 (Worthing)

## Defining 'BN11 2'

This analysis is limited to properties whose postcode starts with "BN11 2", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Worthing.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## Price per square metre

Knowing the average house price in Worthing is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Flat 1 Birch Tree Court, Park Road, Worthing, sold for £113,000 on Mar-2024. Given the internal area of 38 square metres, the price per sqm is £2,973.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 224 sales in Worthing (BN11 2) that took place in the last two years.

##### Distribution of £ per sqm for Worthing
Distribution of £ per sqm house prices in Worthing

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Worthing (BN11 2). Of the 224 transactions, half were sold for between £3,720 and £4,870 per square metre. The median, or 'middle', price per square metre in 'BN11 2' is £4,270. Notably, only 25% of properties that sold recently were valued at more than £4,870 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Worthing

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Worthing. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Worthing

## Comparison with neighbouring postcode sectors

The table below shows how 'BN11 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BN11 2 Worthing £3,720 sqm £4,270 sqm £4,870 sqm
BN11 4 Worthing £3,100 sqm £3,630 sqm £4,220 sqm
BN11 1 Worthing £3,230 sqm £3,800 sqm £4,420 sqm
BN11 3 Worthing £3,570 sqm £4,300 sqm £4,870 sqm
BN11 5 Worthing £3,750 sqm £4,200 sqm £4,620 sqm

## Will Worthing house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for BN11 2 (Worthing) compared with both the wider area BN11 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Worthing,Worthing
House price trends for Worthing

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent BN11 2 sales
Recent trends for Worthing

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Worthing to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Worthing and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

## Street level data

Street Avg size Avg £sqm Recent sales
Park Road, Worthing, BN11 2B 48 sqm £2,841 32
Brighton Road, Worthing, BN11 2E 80 sqm £3,731 26
Lyndhurst Road, Worthing, BN11 2D 82 sqm £4,127 21
Selden Road, Worthing, BN11 2L 62 sqm £4,004 20
Chesswood Road, Worthing, BN11 2A 118 sqm £3,846 19
Park Road, Worthing, BN11 2A 98 sqm £4,056 18
Ophir Road, Worthing, BN11 2S 79 sqm £4,165 15
St Georges Road, Worthing, BN11 2D 95 sqm £4,026 13

## New build activity

Street Avg size Avg £sqm New build sales
Ham Road, Worthing, BN11 2Q 89 sqm £4,097 10

Ham Road, Worthing, BN11 2Q has seen 10 new build sales in the last 4 years (average price £354,376). These new build homes typically have an internal area of 89 sqm, with an average price of £4,097 sqm. This £sqm average is £-173 below the average for BN11 2. New builds typically command a £ per sqm premium. In the case of Ham Road the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

## Raw data

Our analysis of Worthing is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.