House prices in BN41 2 (Portslade)

This article reveals price per square foot data and various charts to help you understand current housing market in 'BN41 2' (Portslade) - statistics were last calculated on 30 August 2024.

---

Defining 'BN41 2'

This analysis is limited to properties whose postcode starts with "BN41 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 Portslade.

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

Search Area:

Change sector

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

Price per square foot

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

£ per sqft = price ÷ internal area

E.g. 37, Drove Road, Portslade, sold for £451,000 on Jul-2024. Given the internal area of 947 square feet, the price per sqft is £476.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £445-£464, £464-£483, £483-£501 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 241 sales in Portslade (BN41 2) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

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 Portslade (BN41 2). Of the 241 transactions, half were sold for between £391 and £514 per square foot. The median, or 'middle', price per square foot in 'BN41 2' is £446. Notably, only 25% of properties that sold recently were valued at more than £514 sqft. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Portslade

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 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.

House price heatmap for Portslade

Comparison with neighbouring postcode sectors

The table below shows how 'BN41 2' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BN41 2 Portslade	£391 sqft	£446 sqft	£514 sqft
BN41 1 Portslade	£383 sqft	£437 sqft	£479 sqft

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 chart below for BN41 2 (Portslade) compared with both the wider area BN41 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

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.

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 Portslade 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 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.

Street level data

Street	Avg size	Avg £sqft	Recent sales
Oakdene Crescent, Portslade, BN41 2R	753 sqft	£438	24
Valley Road, Portslade, BN41 2T	785 sqft	£435	24
Southdown Road, Portslade, BN41 2H	861 sqft	£447	20
North Lane, Portslade, BN41 2H	785 sqft	£466	20
Graham Crescent, Portslade, BN41 2Y	742 sqft	£448	19
Mile Oak Road, Portslade, BN41 2P	0 sqft	£427	17
Thornhill Rise, Portslade, BN41 2Y	753 sqft	£439	16
Melrose Avenue, Portslade, BN41 2L	947 sqft	£444	15

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	sqft	£/sqft
37, Drove Rd, Portslade	£451,000 Jul-2024	947	476
2, North Lane, Portslade	£317,500 Jul-2024	731	433
53, Mile Oak Rd, Portslade	£400,000 Jul-2024	742	538

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