House prices in BN16 3 (Rustington)

This article reveals price per square metre data and various charts to help you understand current housing market in 'BN16 3' (Rustington) - statistics were last calculated on 30 June 2024.


Defining 'BN16 3'

This analysis is limited to properties whose postcode starts with "BN16 3", 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 Rustington.

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 Rustington 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. 118, Guildford Road, Rustington, sold for £245,000 on May-2024. Given the internal area of 67 square metres, the price per sqm is £3,656.

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 238 sales in Rustington (BN16 3) that took place in the last two years.

Distribution of £ per sqm for Rustington
Distribution of £ per sqm house prices in Rustington

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 Rustington (BN16 3). Of the 238 transactions, half were sold for between £3,450 and £4,680 per square metre. The median, or 'middle', price per square metre in 'BN16 3' is £4,050. Notably, only 25% of properties that sold recently were valued at more than £4,680 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 Rustington

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 Rustington. 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.

Property price heatmap for Rustington
House price heatmap for Rustington

Comparison with neighbouring postcode sectors

The table below shows how 'BN16 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BN16 1 East Preston £3,740 sqm £4,820 sqm £5,860 sqm
BN16 4 Angmering £3,850 sqm £4,350 sqm £4,760 sqm
BN16 2 Rustington £4,020 sqm £4,780 sqm £5,940 sqm
BN16 3 Rustington £3,450 sqm £4,050 sqm £4,680 sqm

Will Rustington 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 BN16 3 (Rustington) compared with both the wider area BN16 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 Rustington,Rustington
House price trends for Rustington

Download time series data as CSV (paying users only).

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 BN16 3 sales
Recent trends for Rustington

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 Rustington 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 Rustington 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
Dinsdale Gardens, Rustington, BN16 3N 81 sqm £3,697 27
The Street, Rustington, BN16 3N 91 sqm £4,134 27
Station Road, Rustington, BN16 3B 87 sqm £3,857 24
Wakehurst Place, Rustington, BN16 3U 52 sqm £2,837 20
Old Manor Road, Rustington, BN16 3Q 81 sqm £4,236 17
The Leas, Rustington, BN16 3S 85 sqm £2,926 13
The Street, Rustington, BN16 3P 67 sqm £3,361 12
Angmering Way, Rustington, BN16 3R 78 sqm £3,795 12

Search for your street here.

Raw data

Our analysis of Rustington 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.

Address Paid sqm £/sqm
118, Guildford Rd, Rustington £245,000
May-2024
67 3,656
14 Silverwood Court, Wakehurst Pl, Rustington £151,000
May-2024
51 2,960
Flat 22 Pegasus Court, The St, Rustington £285,000
May-2024
69 4,130

See the entire list of all sales in Rustington (BN16 3) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.