Feb 07, 2023 by HM

House prices in Portslade (BN41 2)

This article reveals price per square metre data and various charts to help you understand current housing market in Portslade (BN41 2).

Price per square metre

Knowing the average house price in Portslade 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. 57, Melrose Avenue, Portslade, sold for £403,000 on Sep-2023. Given the internal area of 64 square metres, the price per sqm is £6,296.

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. £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 270 sales in Portslade (BN41 2) that took place in the last two years.

Distribution of £ per sqm for Portslade (BN41 2)
Distribution of £ per sqm house prices in Portslade

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 Portslade (BN41 2). Of the 270 transactions, half were sold for between £4,320 and £5,720 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,720m2. 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 'BN41 2' is £4,920. The table below shows how 'BN41 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BN41 2 Portslade £4,320m2 £4,920m2 £5,720m2
BN41 1 Portslade £4,160m2 £4,730m2 £5,350m2

Will Portslade 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 BN41 2 (Portslade). 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 BN41 2 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Portslade (BN41 2) over time
House price trends for Portslade

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Portslade 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 Portslade data or any other data I am given.

Price map for Portslade

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 Portslade. 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.

Property price heatmap for Portslade
House price heatmap for Portslade

Street level data

Street Avg size Avg £/m2 Recent sales
Valley Road, Portslade, BN41 2T 73m2 £4,455 25
Oakdene Crescent, Portslade, BN41 2R 69m2 £4,729 24
North Lane, Portslade, BN41 2H 73m2 £4,999 22
Thornhill Rise, Portslade, BN41 2Y 69m2 £4,599 20
Graham Crescent, Portslade, BN41 2Y 69m2 £4,596 20
Southdown Road, Portslade, BN41 2H 80m2 £4,837 18
Graham Avenue, Portslade, BN41 2W 73m2 £4,331 17
Mile Oak Road, Portslade, BN41 2P 98m2 £4,352 16

Search for your street here.

Raw data

Our analysis of Portslade 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
57, Melrose Avenue, Portslade £403,000
64 6,296
40, Overdown Rise, Portslade £315,000
74 4,256
11, Mile Oak Rd, Portslade £410,000
86 4,767

See the entire list of all sales in Portslade (BN41 2) here.


HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.