Feb 07, 2023 by HM

House prices in Brighton Marina Village (BN2 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Brighton Marina Village (BN2 5).

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Price per square metre

Knowing the average house price in Brighton Marina Village 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 17 Neptune Court, The Strand, Brighton Marina Village, Brighton, sold for £250,000 on Sep-2023. Given the internal area of 37 square metres, the price per sqm is £6,756.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 225 sales in Brighton Marina Village (BN2 5) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Brighton Marina Village (BN2 5). Of the 225 transactions, half were sold for between £4,300 and £5,830 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,830m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'BN2 5' is £5,040. The table below shows how 'BN2 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BN2 5 Brighton Marina Village	£4,300m2	£5,040m2	£5,830m2
BN2 7 Rottingdean	£4,740m2	£5,520m2	£6,230m2
BN2 9 Brighton	£5,000m2	£5,600m2	£6,290m2
BN2 0 Brighton	£4,490m2	£5,510m2	£6,220m2
BN2 3 Brighton	£4,750m2	£5,390m2	£6,030m2
BN2 8 Saltdean	£4,070m2	£4,890m2	£5,780m2
BN2 4 Brighton	£4,220m2	£4,810m2	£5,450m2
BN2 1 Brighton	£4,740m2	£5,490m2	£6,130m2
BN2 6 Woodingdean	£4,310m2	£4,730m2	£5,370m2

Will Brighton Marina Village 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 scatter plot below for BN2 5 (Brighton Marina Village). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BN2 5 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Brighton Marina Village 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Brighton Marina Village data or any other data I am given.

Price map for Brighton Marina Village

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Brighton Marina Village. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Brighton Marina Village

Street level data

Street	Avg size	Avg £/m2	Recent sales
The Strand, Brighton Marina Village, BN2 5X	70m2	£5,086	37
Marine Gate, Brighton Marina Village, BN2 5T	93m2	£4,151	29
Sussex Square, Brighton Marina Village, BN2 5A	85m2	£5,429	27
The Strand, Brighton Marina Village, BN2 5S	73m2	£5,164	25
The Strand, Brighton Marina Village, BN2 5W	77m2	£5,076	19
Swanborough Drive, Brighton Marina Village, BN2 5P	110m2	£3,565	19
Victory Mews, Brighton Marina Village, BN2 5X	69m2	£6,005	16
Rugby Place, Brighton Marina Village, BN2 5J	89m2	£4,807	13

Search for your street here.

Raw data

Our analysis of Brighton Marina Village 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	m2	£/m2
Flat 17 Neptune Court, The Strand, Brighton Marina Village, Brighton	£250,000 Sep-2023	37	6,756
Flat 28 Wellington Court, The Strand, Brighton Marina Village, Brighton	£415,000 Aug-2023	80	5,187
B10, Marine Gate, Brighton Marina Village, Brighton	£300,000 Aug-2023	80	3,750

See the entire list of all sales in Brighton Marina Village (BN2 5) here.