Feb 07, 2023 by HM

House prices in Shoreham-By-Sea (BN43 5)

This article reveals price per square metre data and various charts to help you understand current housing market in Shoreham-By-Sea (BN43 5).

Defining 'BN43 5'

This analysis is limited to properties whose postcode starts with "BN43 5", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in Shoreham-By-Sea 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. 8, Bluebird Close, Shoreham-By-Sea, sold for £560,000 on Feb-2024. Given the internal area of 111 square metres, the price per sqm is £5,045.

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. £5,700-£6,000, £6,000-£6,300, £6,300-£6,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 322 sales in Shoreham-By-Sea (BN43 5) that took place in the last two years.

Distribution of £ per sqm for Shoreham-By-Sea (BN43 5)
Distribution of £ per sqm house prices in Shoreham-By-Sea

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 Shoreham-By-Sea (BN43 5). Of the 322 transactions, half were sold for between £4,290 and £5,850 per square metre. The median, or 'middle', price per square metre in 'BN43 5' is £5,020. Notably, only 25% of properties that sold recently were valued at more than £5,850m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Shoreham-By-Sea

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 Shoreham-By-Sea. 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 Shoreham-By-Sea
House price heatmap for Shoreham-By-Sea

Comparison with neighbouring postcode sectors

The table below shows how 'BN43 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BN43 6 Shoreham-By-Sea £4,270m2 £4,930m2 £5,650m2
BN43 5 Shoreham-By-Sea £4,290m2 £5,020m2 £5,850m2

Will Shoreham-By-Sea 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 BN43 5 (Shoreham-By-Sea). 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 BN43 5 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Shoreham-By-Sea (BN43 5) over time
House price trends for Shoreham-By-Sea

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Shoreham-By-Sea 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 Shoreham-By-Sea data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
Sussex Wharf, Shoreham-By-Sea, BN43 5P 65m2 £4,188 29
Emerald Quay, Shoreham-By-Sea, BN43 5J 61m2 £4,596 26
Harbour Way, Shoreham-By-Sea, BN43 5H 108m2 £4,663 21
Beach Green, Shoreham-By-Sea, BN43 5Y 105m2 £4,366 20
Old Fort Road, Shoreham-By-Sea, BN43 5H 190m2 £6,194 20
West Street, Shoreham-By-Sea, BN43 5W 81m2 £4,891 18
Old Fort Road, Shoreham-By-Sea, BN43 5R 116m2 £5,560 16
Southdown Road, Shoreham-By-Sea, BN43 5A 72m2 £4,415 15

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Salt Marsh Road, Shoreham-By-Sea, BN43 5Q 126m2 £4,945 60

Salt Marsh Road, Shoreham-By-Sea, BN43 5Q has seen 60 new build sales in the last 4 years (average price £592,413). These new build homes typically have an internal area of 126 m2, with an average price of £4,945 m2. This £sqm average is £-75 below the average for BN43 5. New builds typically command a £ per sqm premium. In the case of Salt Marsh 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 Shoreham-By-Sea 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
8, Bluebird Close, Shoreham-By-Sea £560,000
111 5,045
73, The Drive, Shoreham-By-Sea £520,000
127 4,094
22, Overmead, Shoreham-By-Sea £332,500
80 4,156

See the entire list of all sales in Shoreham-By-Sea (BN43 5) 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.