Housing Market Analysis for OCEAN DRIVE, BN12 5GJ

Are you looking to understand BN12 5GJ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Arun postcode.

For the location information and nearby amenities in the BN12 5GJ area, explore the BN12 5GJ Area information page.
For comprehensive crime statistics in the BN12 5GJ area, explore the BN12 5GJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BN12 5GJ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £193,167 median price is £194,500 Standard Deviation is £51,282 with Total Sold: 6
    • The Last 5 Year average price is £254,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 18C OCEAN DRIVE: £268,000 (Sold on 18 Feb 2019)
    • The first recorded sale happened at this postcode is 18B OCEAN DRIVE: £240,000 (Sold on 01 Jul 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average BN12 5GJ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£268,000 £3,106 1
2018£185,000 £4,625 1
2017£204,000 £2,364 1
2015£137,000 £3,425 1
2008£125,000 £1,449 1
2022£240,0001

All the Sales in the OCEAN DRIVE, BN12 5GJ

See the table below for more details on the sold house prices in the BN12 5GJ, Arun postcode.

AddressSold DatePrice% Change
18C OCEAN DRIVEFlat, LeaseholdArea: 86.29 Sq.mtrAge: 1900-192918 Feb 2019£268,00031.37%
14 Jul 2017£204,00063.20%
09 Apr 2008£125,000First Sale
18B OCEAN DRIVEFlat, LeaseholdArea: 40 Sq.mtrAge: 1930-194920 Feb 2018£185,00035.04%
17 Jul 2015£137,000-42.92%
01 Jul 2022£240,000First Sale

Check out the sold house prices near the BN12 5GJ postcode. Properties currently for saleProperties currently for rent

OCEAN DRIVE, BN12 5GJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN12 5GJ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BN12 5GJ postcode.

  • Detached
    • The average price is around £381,449 median price is £344,750 Standard Deviation is £236,140 with Total Sold: 1,378
    • The Last 5 Year average price is £683,103 with Total Sold: 226
    • The most recent sale happened at this postcode is , 16 SEA LANE GARDENS: £565,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 BEEHIVE CLOSE: £138,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £181,122 median price is £179,950 Standard Deviation is £90,151 with Total Sold: 211
    • The Last 5 Year average price is £283,464 with Total Sold: 28
    • The most recent sale happened at this postcode is 18, VICEROY COURT FERRINGHAM LANE: £210,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 14 THE MAPLES: £56,000 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £274,116 median price is £232,000 Standard Deviation is £259,899 with Total Sold: 135
    • The Last 5 Year average price is £640,298 with Total Sold: 18
    • The most recent sale happened at this postcode is , 9 ANSISTERS ROAD: £422,000 (Sold on 08 Jan 2024)
    • The first recorded sale happened at this postcode is , 16 HERM ROAD: £150,000 (Sold on 08 Jun 1995)
  • Other
    • The average price is around £303,000 median price is £70,000 Standard Deviation is £405,512 with Total Sold: 9
    • The Last 5 Year average price is £332,125 with Total Sold: 8
    • The most recent sale happened at this postcode is , 8 DOONE END: £470,000 (Sold on 04 Oct 2023)
    • The first recorded sale happened at this postcode is , 2 OCEAN PARADE: £70,000 (Sold on 01 Oct 2015)
  • Terraced
    • The average price is around £203,962 median price is £212,500 Standard Deviation is £121,584 with Total Sold: 26
    • The Last 5 Year average price is £415,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 3, LITTLE PADDOCKS HOUSE LITTLE PADDOCKS WAY: £450,000 (Sold on 01 Jul 2022)
    • The first recorded sale happened at this postcode is , 8A OCEAN PARADE: £19,000 (Sold on 08 Dec 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£802,333 £7,341 18
2023£716,811 £6,683 36
2022£728,376 £6,150 29
2021£701,553 £5,572 54
2020£631,602 £5,203 49
2019£604,470 £5,366 40
2018£583,890 £4,632 34
2017£526,719 £4,882 57
2016£515,458 £4,368 48
2015£508,414 £4,453 43
2014£428,053 £3,853 56
2013£392,317 £3,396 44
2012£455,171 £3,795 41
2011£378,727 £3,705 22
2010£378,663 £3,294 46
2009£336,406 £3,094 40
2008£441,375 £3,335 16
2007£428,238 £3,726 65
2006£356,135 £3,035 66
2005£337,498 £2,555 27
2004£362,147 £2,890 47
2003£286,553 £2,462 53
2002£277,385 £1,985 57
2001£219,241 £2,022 48
2000£216,425 £1,761 42
1999£165,720 £1,430 57
1998£153,148 £1,335 58
1997£127,511 £1,115 73
1996£125,726 £1,111 47
1995£107,402 £934 65
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,333 £4,644 3
2023£271,250 £3,108 2
2022£231,500 £3,712 6
2021£299,200 £4,125 5
2020£332,417 £4,438 6
2019£293,000 £3,977 6
2018£326,225 £4,420 12
2017£225,713 £3,454 6
2016£214,786 £3,197 7
2015£210,882 £3,295 11
2014£192,150 £2,855 12
2013£198,317 £2,997 3
2012£163,333 £2,367 3
2011£184,429 £2,850 7
2010£188,125 £3,154 4
2009£179,619 £2,660 8
2008£190,350 £2,575 10
2007£184,545 £2,962 11
2006£150,007 £2,642 18
2005£157,250 £2,782 4
2004£188,419 £3,018 13
2003£179,361 £2,423 4
2002£136,980 £2,057 5
2001£80,893 £1,219 7
2000£112,612 £1,593 4
1999£84,431 £1,201 8
1998£72,900 £1,046 5
1997£66,900 £943 5
1996£50,378 £801 9
1995£51,064 £836 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£422,000 £5,024 1
2023£514,000 £6,109 5
2022£1,111,667 £6,612 3
2021£479,500 £4,450 2
2020£691,372 £5,278 5
2019£391,250 £4,696 2
2018£360,750 £4,942 4
2017£390,421 £4,955 7
2016£306,238 £4,555 4
2015£297,750 £3,616 4
2014£282,000 £3,798 3
2013£142,000 £3,227 1
2012£269,238 £4,032 4
2011£177,500 £2,370 3
2010£310,000 £4,234 2
2009£286,188 £2,806 4
2008£370,0001
2007£325,0005
2006£326,921 £2,906 7
2005£269,500 £3,485 5
2004£182,750 £2,197 2
2003£230,000 £2,615 8
2002£202,431 £2,277 8
2001£175,167 £1,616 3
2000£198,390 £1,700 5
1999£127,222 £1,414 9
1998£98,083 £1,610 6
1997£71,493 £948 7
1996£78,950 £970 11
1995£112,625 £888 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£470,000 £4,845 1
2022£442,333 £6,088 3
2021£825,0001
2020£25,0001
2019£5,000 £70 2
2015£70,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£420,000 £4,167 2
2021£405,000 £3,450 1
2018£220,000 £3,548 1
2017£330,000 £4,714 1
2014£326,000 £3,468 1
2012£145,000 £2,339 1
2011£355,000 £4,280 1
2010£214,167 £2,532 3
2008£70,0001
2006£251,500 £2,343 2
2004£250,000 £3,014 1
2003£225,000 £2,058 1
2002£124,667 £1,481 3
2000£205,000 £1,927 1
1999£98,500 £901 1
1998£34,000 £795 2
1996£113,500 £1,641 2
1995£19,000 £345 1

House Type in BN12 5GJ area

The most common house types in the BN12 5GJ postcode area are Detached (127), Semi-detached (6), and Shared house (6).

Total140
Detached127
Semi-detached6
Shared house6
temporary structure1
Terraced0
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (92), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright92
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency14
Private rented: Other private rented5
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the BN12 5GJ have 2 people in household (64), and 1 person in household (50).

2 people in household64
1 person in household50
3 people in household13
4 people in household12
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0