Feb 07, 2023 by HM

House prices in Upper Beeding (BN44 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Upper Beeding (BN44 3).

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Price per square metre

Knowing the average house price in Upper Beeding 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. 1, Borough Gate, Upper Beeding, sold for £440,000 on Aug-2023. Given the internal area of 106 square metres, the price per sqm is £4,150.

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 205 sales in Upper Beeding (BN44 3) 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 Upper Beeding (BN44 3). Of the 205 transactions, half were sold for between £4,250 and £5,690 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,690m². 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 'BN44 3' is £4,890. The table below shows how 'BN44 3' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
BN44 3 Upper Beeding	£4,250m2	£4,890m2	£5,690m2

Will Upper Beeding 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 BN44 3 (Upper Beeding). 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 BN44 3 and the blue dots are the individual property sales that inform this trend.

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

Price map for Upper Beeding

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 Upper Beeding. 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 Upper Beeding

Street level data

Street	Avg size	Avg £/m2	Recent sales
Penlands Vale, Upper Beeding, BN44 3P	89m2	£4,572	13
Penns Court, Upper Beeding, BN44 3B	64m2	£4,834	13
Pound Lane, Upper Beeding, BN44 3J	91m2	£4,305	12
Newland Road, Upper Beeding, BN44 3J	89m2	£3,763	12
Dacre Gardens, Upper Beeding, BN44 3T	89m2	£3,718	12
Church Lane, Upper Beeding, BN44 3H	101m2	£4,671	12
Manor Road, Upper Beeding, BN44 3T	97m2	£4,106	10
Goring Road, Upper Beeding, BN44 3F	45m2	£2,844	9

Search for your street here.

Raw data

Our analysis of Upper Beeding 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
1, Borough Gate, Upper Beeding	£440,000 Aug-2023	106	4,150
10, Windmill Close, Upper Beeding	£390,000 Aug-2023	95	4,105
4, Old Market Square, Upper Beeding	£400,000 Aug-2023	96	4,166

See the entire list of all sales in Upper Beeding (BN44 3) here.