Housing Market Analysis for OVAL WAYE, BN12 5RA

Are you looking to understand BN12 5RA 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 5RA area, explore the BN12 5RA Area information page.
For comprehensive crime statistics in the BN12 5RA area, explore the BN12 5RA Crime Rates page.

Overview of Sold House prices

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

Detached
- The average price is around £426,340 median price is £364,750 Standard Deviation is £233,946 with Total Sold: 32
- The Last 5 Year average price is £720,000 with Total Sold: 7
- The most recent sale happened at this postcode is 21 OVAL WAYE: £790,000 (Sold on 06 Oct 2023)
- The first recorded sale happened at this postcode is 5 OVAL WAYE: £59,995 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average BN12 5RA 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£790,000	£5,766	1
2022	£720,000	£5,854	1
2021	£760,000	£3,790	2
2020	£735,000	£4,273	1
2019	£637,500	£8,352	2
2016	£601,667	£5,365	3
2010	£512,500	£3,923	2
2009	£500,000	£2,016	1
2008	£385,000		1
2007	£486,125	£3,674	4
2006	£267,500		1
2005	£332,500		1
2004	£308,000	£2,518	1
2003	£292,667	£2,336	3
2002	£224,950		2
1998	£130,000	£1,429	1
1997	£120,000	£955	2
1996	£138,750		2
1995	£59,995	£488	1

All the Sales in the OVAL WAYE, BN12 5RA

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

Address	Sold Date	Price	% Change
21 OVAL WAYEDetached, FreeholdArea: 137 Sq.mtrAge: 1950-1966	06 Oct 2023	£790,000	32.77%
	24 Mar 2016	£595,000	85.94%
	30 May 2003	£320,000	First Sale
5 OVAL WAYEDetached, FreeholdArea: 123 Sq.mtrAge: 1950-1966	04 Nov 2022	£720,000	512.77%
	15 May 1997	£117,500	95.85%
	28 Feb 1995	£59,995	First Sale
19 OVAL WAYEDetached, Freehold	30 Apr 2021	£580,000	First Sale
8 OVAL WAYEDetached, FreeholdArea: 248 Sq.mtrAge: 1900-1929	31 Mar 2021	£940,000	88.00%
8 OVAL WAYEDetached, FreeholdArea: 248 Sq.mtrAge: 1900-1929	25 Feb 2009	£500,000	First Sale
15A OVAL WAYEDetached, FreeholdArea: 172 Sq.mtrAge: 2003-2006	10 Nov 2020	£735,000	14.84%
	17 Sep 2007	£640,000	First Sale
24 OVAL WAYEDetached, FreeholdArea: 91 Sq.mtrAge: 1930-1949	11 Oct 2019	£760,000	13.43%
	15 Jul 2016	£670,000	415.38%
	24 Feb 1998	£130,000	First Sale
FAIRWAYS, 10 OVAL WAYEDetached, Freehold	29 May 2019	£515,000	First Sale
1 OVAL WAYEDetached, FreeholdArea: 123 Sq.mtrAge: 1950-1966	08 Sep 2016	£540,000	First Sale
30 OVAL WAYEDetached, FreeholdArea: 136.223 Sq.mtrAge: 1900-1929	30 Jul 2010	£640,000	-1.54%
	24 Aug 2007	£650,000	88.68%
	29 Jan 2007	£344,500	First Sale
4 OVAL WAYEDetached, FreeholdArea: 122.322 Sq.mtrAge: 1900-1929	04 May 2010	£385,000	25.00%
	14 Oct 2004	£308,000	First Sale
28 OVAL WAYEDetached, Freehold	01 Aug 2008	£385,000	24.19%
28 OVAL WAYEDetached, Freehold	24 Apr 2007	£310,000	First Sale
11 OVAL WAYEDetached, Freehold	10 Jul 2006	£267,500	First Sale
26 OVAL WAYEDetached, Freehold	16 Aug 2005	£332,500	First Sale
12 OVAL WAYEDetached, Freehold	14 Feb 2003	£290,000	First Sale
3 OVAL WAYEDetached, Freehold	31 Jan 2003	£268,000	First Sale
9 OVAL WAYEDetached, Freehold	03 May 2002	£229,950	First Sale
7 OVAL WAYEDetached, Freehold	25 Jan 2002	£219,950	First Sale
2 OVAL WAYEDetached, Freehold	23 Jun 1997	£122,500	First Sale
17A OVAL WAYEDetached, Freehold	01 Nov 1996	£155,000	First Sale
20 OVAL WAYEDetached, Freehold	13 Aug 1996	£122,500	First Sale

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

OVAL WAYE, BN12 5RA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN12 5RA 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 5RA postcode.

Detached
- The average price is around £434,017 median price is £365,000 Standard Deviation is £351,106 with Total Sold: 937
- The Last 5 Year average price is £790,724 with Total Sold: 151
- The most recent sale happened at this postcode is , 12 BEEHIVE LANE: £915,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 3 HENTY ROAD: £106,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £190,404 median price is £174,750 Standard Deviation is £102,336 with Total Sold: 84
- The Last 5 Year average price is £280,767 with Total Sold: 15
- 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 FLAT, THE BLUEBIRD CAFE SOUTH DRIVE: £30,000 (Sold on 04 Apr 1995)
Semi-Detached
- The average price is around £260,877 median price is £197,500 Standard Deviation is £299,634 with Total Sold: 84
- The Last 5 Year average price is £686,273 with Total Sold: 11
- The most recent sale happened at this postcode is , MILBURY LODGE FLORIDA ROAD: £450,000 (Sold on 14 Dec 2023)
- The first recorded sale happened at this postcode is , 14 CLOVER LANE: £80,000 (Sold on 21 Jul 1995)
Other
- The average price is around £282,125 median price is £47,500 Standard Deviation is £425,527 with Total Sold: 8
- The Last 5 Year average price is £312,429 with Total Sold: 7
- The most recent sale happened at this postcode is , BEACH HUT 22B : £17,000 (Sold on 07 Sep 2022)
- 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 £203,167 median price is £212,500 Standard Deviation is £121,965 with Total Sold: 24
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£888,167	£7,341	12
2023	£931,774	£6,614	19
2022	£734,153	£5,732	19
2021	£851,207	£5,589	38
2020	£791,500	£4,957	31
2019	£631,447	£5,340	32
2018	£776,417	£4,952	24
2017	£587,811	£5,070	37
2016	£559,939	£4,395	33
2015	£571,468	£4,652	31
2014	£504,447	£3,840	35
2013	£437,500	£3,316	35
2012	£486,950	£3,834	30
2011	£380,179	£3,726	14
2010	£391,806	£3,178	31
2009	£374,826	£3,121	23
2008	£460,700	£3,371	10
2007	£492,817	£3,803	44
2006	£430,500	£2,900	45
2005	£374,342	£2,315	19
2004	£423,593	£2,930	40
2003	£306,269	£2,457	37
2002	£322,674	£2,046	39
2001	£234,573	£1,951	28
2000	£231,730	£1,728	32
1999	£204,383	£1,399	37
1998	£158,193	£1,377	37
1997	£125,649	£1,090	45
1996	£152,993	£1,037	36
1995	£109,890	£907	44

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£221,000		2
2022	£216,800	£3,675	5
2021	£415,000	£4,940	1
2020	£365,833	£4,621	3
2019	£293,250	£3,890	4
2018	£385,949	£4,996	6
2017	£200,195	£3,243	4
2016	£178,833	£2,786	3
2015	£177,100	£3,069	5
2014	£158,088	£2,446	4
2013	£139,950	£2,257	1
2011	£159,167	£2,866	3
2010	£145,000	£3,247	1
2009	£134,483	£2,134	3
2008	£197,667	£1,449	3
2007	£162,833	£3,110	6
2006	£135,722	£2,973	9
2005	£161,333	£2,988	3
2004	£196,333	£3,475	6
2003	£229,995		1
2002	£125,975		2
2001	£65,767	£942	3
2000	£90,000	£1,200	1
1997	£54,000	£720	1
1996	£46,500	£860	2
1995	£38,000	£852	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£430,000	£8,039	2
2022	£1,422,500	£7,691	2
2021	£479,500	£4,450	2
2020	£627,500	£5,541	4
2019	£375,000	£4,360	1
2018	£290,000	£4,671	2
2017	£374,000	£7,137	2
2016	£295,000	£4,538	2
2015	£271,667	£3,326	3
2014	£176,000	£4,093	1
2013	£142,000	£3,227	1
2012	£238,317	£4,494	3
2011	£128,750	£2,370	2
2010	£310,000	£4,234	2
2009	£240,000	£2,162	1
2008	£370,000		1
2007	£308,333		3
2006	£322,238	£2,806	4
2005	£274,375	£3,485	4
2004	£215,500	£2,197	1
2003	£244,333	£2,452	6
2002	£178,590	£1,708	5
2001	£106,500	£1,727	2
2000	£205,988	£1,700	4
1999	£133,300	£1,341	5
1998	£94,100	£1,667	5
1997	£73,490	£1,048	5
1996	£68,564	£808	7
1995	£102,000	£1,107	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£442,333	£6,088	3
2021	£825,000		1
2020	£25,000		1
2019	£5,000	£70	2
2015	£70,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£420,000	£4,167	2
2021	£405,000	£3,450	1
2018	£220,000	£3,548	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	£70,000		1
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	£130,000	£1,641	1
1995	£19,000	£345	1

House Type in BN12 5RA area

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

Total	140
Detached	127
Semi-detached	6
Shared house	6
temporary structure	1
Terraced	0
Flat	0
converted building	0
commercial building	0

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 outright	92
Owned: Owns with a mortgage or loan	29
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	5
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	64
1 person in household	50
3 people in household	13
4 people in household	12
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0