Housing Market Analysis for SOMERSET ROAD, BN16 1BY

Are you looking to understand BN16 1BY 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 BN16 1BY area, explore the BN16 1BY Area information page.
For comprehensive crime statistics in the BN16 1BY area, explore the BN16 1BY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BN16 1BY postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £130,611 median price is £113,500 Standard Deviation is £76,067 with Total Sold: 18
    • The Last 5 Year average price is £315,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 51 SOMERSET ROAD: £315,000 (Sold on 04 Dec 2020)
    • The first recorded sale happened at this postcode is 41 SOMERSET ROAD: £40,000 (Sold on 11 Oct 1996)
  • Semi-Detached
    • The average price is around £95,750 median price is £95,750 Standard Deviation is £3,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 42 SOMERSET ROAD: £99,500 (Sold on 02 Jun 2000)
    • The first recorded sale happened at this postcode is 50 SOMERSET ROAD: £92,000 (Sold on 17 Mar 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average BN16 1BY 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£315,000 £4,500 1
2018£280,0001
2015£108,000 £1,385 1
2011£174,500 £1,947 2
2007£201,0001
2006£166,0001
2003£128,167 £1,754 3
2001£105,0002
2000£85,0001
1999£57,500 £408 1
1998£50,000 £355 1
1997£58,0001
1996£43,5002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£95,7502

All the Sales in the SOMERSET ROAD, BN16 1BY

See the table below for more details on the sold house prices in the BN16 1BY, Arun postcode.

AddressSold DatePrice% Change
51 SOMERSET ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1950-196604 Dec 2020£315,000208.82%
21 Jul 2003£102,000First Sale
25 SOMERSET ROADTerraced, Freehold19 Feb 2018£280,000135.29%
31 Jul 2001£119,000105.17%
10 Jul 1997£58,000First Sale
54 SOMERSET ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1930-194920 Apr 2015£108,000First Sale
53 SOMERSET ROADTerraced, FreeholdArea: 69.7 Sq.mtrAge: 1930-194901 Dec 2011£167,00016.78%
17 Dec 2003£143,000First Sale
47 SOMERSET ROADTerraced, FreeholdArea: 121.43 Sq.mtrAge: 1950-196610 Jun 2011£182,000First Sale
41 SOMERSET ROADTerraced, Freehold17 Aug 2007£201,00021.08%
17 Feb 2006£166,000315.00%
11 Oct 1996£40,000First Sale
36 SOMERSET ROADTerraced, Freehold02 Oct 2003£139,500First Sale
45 SOMERSET ROADTerraced, Freehold01 Mar 2001£91,000First Sale
49 SOMERSET ROADTerraced, Freehold01 Aug 2000£85,00080.85%
29 Nov 1996£47,000First Sale
42 SOMERSET ROADSemi-Detached, Freehold02 Jun 2000£99,500First Sale
50 SOMERSET ROADSemi-Detached, Freehold17 Mar 2000£92,000First Sale
48 SOMERSET ROADTerraced, FreeholdArea: 141 Sq.mtrAge: 1900-192918 Jan 1999£57,50015.00%
09 Mar 1998£50,000First Sale

Check out the sold house prices near the BN16 1BY postcode. Properties currently for saleProperties currently for rent

SOMERSET ROAD, BN16 1BY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN16 1BY 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 BN16 1BY postcode.

  • Terraced
    • The average price is around £159,822 median price is £160,000 Standard Deviation is £82,796 with Total Sold: 329
    • The Last 5 Year average price is £293,831 with Total Sold: 40
    • The most recent sale happened at this postcode is , 9 ROUNDSTONE CRESCENT: £280,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 18 CHEVIOT CLOSE: £42,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £196,264 median price is £183,000 Standard Deviation is £102,946 with Total Sold: 627
    • The Last 5 Year average price is £347,834 with Total Sold: 93
    • The most recent sale happened at this postcode is , 31 SAXON CLOSE: £350,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 HAILSHAM CLOSE: £54,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £315,832 median price is £276,000 Standard Deviation is £186,449 with Total Sold: 291
    • The Last 5 Year average price is £547,042 with Total Sold: 42
    • The most recent sale happened at this postcode is , 17 BROU CLOSE: £580,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , 14 SAXON CLOSE: £65,000 (Sold on 24 May 1995)
  • Other
    • The average price is around £250,000 median price is £19,000 Standard Deviation is £321,135 with Total Sold: 9
    • The Last 5 Year average price is £167,200 with Total Sold: 5
    • The most recent sale happened at this postcode is , 53 OLD WORTHING ROAD: £370,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 122 DOWNS WAY: £360,000 (Sold on 04 Mar 2015)
  • Flat
    • The average price is around £122,953 median price is £122,000 Standard Deviation is £71,831 with Total Sold: 16
    • The Last 5 Year average price is £260,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 22 ROUNDSTONE CRESCENT: £258,000 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is , 22 ROUNDSTONE CRESCENT: £30,000 (Sold on 16 Sep 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£351,464 £4,151 7
2022£319,833 £3,778 6
2021£282,056 £3,647 9
2020£266,667 £3,424 9
2019£269,438 £3,025 8
2018£233,297 £3,128 16
2017£257,943 £3,552 9
2016£246,640 £3,190 10
2015£214,094 £2,722 16
2014£198,045 £2,472 10
2013£177,041 £2,375 11
2012£163,875 £2,052 10
2011£172,643 £2,072 7
2010£164,857 £1,997 7
2009£158,875 £1,932 4
2008£172,667 £2,127 3
2007£192,787 £2,441 15
2006£163,856 £2,092 18
2005£153,100 £1,980 4
2004£155,586 £1,865 14
2003£136,086 £1,752 21
2002£108,446 £1,402 12
2001£92,215 £1,117 23
2000£81,440 £1,028 10
1999£68,680 £908 22
1998£64,540 £718 11
1997£57,531 £717 13
1996£48,313 £644 15
1995£47,438 £553 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£389,000 £6,169 5
2023£407,143 £4,739 14
2022£359,421 £4,641 12
2021£343,550 £3,992 20
2020£321,300 £3,682 20
2019£322,432 £3,786 22
2018£314,971 £3,665 17
2017£282,864 £3,600 11
2016£276,889 £3,190 14
2015£277,591 £3,154 22
2014£248,873 £2,693 21
2013£210,532 £2,542 22
2012£219,109 £2,484 22
2011£224,688 £2,339 13
2010£205,559 £2,382 16
2009£193,265 £2,232 17
2008£239,889 £2,541 9
2007£220,223 £2,478 26
2006£187,277 £2,148 21
2005£207,570 £2,434 20
2004£176,612 £1,929 36
2003£182,229 £1,902 24
2002£145,133 £1,667 39
2001£124,567 £1,303 25
2000£107,933 £1,183 28
1999£83,641 £976 33
1998£83,791 £1,049 22
1997£76,940 £818 25
1996£59,211 £685 28
1995£61,026 £726 23
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£567,000 £5,304 3
2023£562,800 £5,132 10
2022£716,000 £5,164 3
2021£538,719 £5,106 8
2020£600,250 £3,899 8
2019£438,700 £4,456 10
2018£522,700 £4,174 10
2017£451,938 £3,514 8
2016£504,833 £4,397 6
2015£432,600 £3,569 10
2014£481,994 £3,039 9
2013£302,570 £3,188 5
2012£361,438 £2,913 8
2011£311,900 £2,912 10
2010£340,125 £2,965 8
2009£224,817 £2,224 6
2008£342,000 £2,535 8
2007£356,282 £2,936 15
2006£258,269 £2,234 13
2005£290,071 £2,774 7
2004£255,812 £1,995 8
2003£267,112 £1,770 17
2002£249,675 £1,935 14
2001£214,591 £1,656 22
2000£155,028 £1,078 9
1999£161,861 £954 18
1998£122,714 £1,086 7
1997£115,022 £887 9
1996£106,328 £742 16
1995£104,408 £622 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,0001
2022£19,0001
2021£16,8001
2020£15,2001
2019£415,0001
2018£13,0001
2017£16,0001
2016£1,025,000 £10,332 1
2015£360,000 £6,593 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£258,000 £3,634 1
2022£263,000 £3,757 1
2015£175,500 £2,472 1
2014£174,000 £2,486 1
2011£138,333 £2,051 3
2007£149,500 £1,978 2
2001£82,5002
1999£45,7501
1998£47,000 £668 2
1997£48,000 £683 1
1996£30,000 £423 1

House Type in BN16 1BY area

The most common house types in the BN16 1BY postcode area are Semi-detached (67), Terraced (37), and Detached (16).

Total129
Semi-detached67
Terraced37
Detached16
Flat9
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright68
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency10
Social rented: Other social rented9
Social rented: Rents from council or Local Authority4
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the BN16 1BY have 2 people in household (54), and 1 person in household (34).

2 people in household54
1 person in household34
3 people in household27
4 people in household15
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0