Housing Market Analysis for THE PARKWAY, BN16 2BU

Are you looking to understand BN16 2BU 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 2BU area, explore the BN16 2BU Area information page.
For comprehensive crime statistics in the BN16 2BU area, explore the BN16 2BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BN16 2BU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £347,556 median price is £284,000 Standard Deviation is £197,867 with Total Sold: 17
    • The Last 5 Year average price is £675,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 THE PARKWAY: £675,000 (Sold on 29 Jun 2021)
    • The first recorded sale happened at this postcode is 14 THE PARKWAY: £142,000 (Sold on 12 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average BN16 2BU 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£675,000 £6,081 1
2017£547,000 £3,772 1
2016£740,000 £4,431 1
2015£620,000 £4,627 1
2013£520,000 £3,881 1
2004£373,0001
2003£310,0001
2001£342,7502
2000£266,750 £1,910 2
1999£175,500 £1,493 2
1996£130,725 £944 2
1995£146,000 £845 2

All the Sales in the THE PARKWAY, BN16 2BU

See the table below for more details on the sold house prices in the BN16 2BU, Arun postcode.

AddressSold DatePrice% Change
10 THE PARKWAYDetached, FreeholdArea: 111 Sq.mtrAge: 1967-197529 Jun 2021£675,000First Sale
16 THE PARKWAYDetached, FreeholdArea: 145 Sq.mtrAge: 1930-194907 Jul 2017£547,00092.61%
11 Oct 2000£284,000107.37%
30 Sep 1996£136,950First Sale
36 THE PARKWAYDetached, FreeholdArea: 167 Sq.mtrAge: 1930-194902 Dec 2016£740,000First Sale
20 THE PARKWAYDetached, FreeholdArea: 134 Sq.mtrAge: 1950-196615 Oct 2015£620,00019.23%
12 Dec 2013£520,000108.42%
29 Jun 2000£249,50024.75%
27 Aug 1999£200,000First Sale
38 THE PARKWAYDetached, Freehold26 Aug 2004£373,000199.60%
29 Mar 1996£124,500First Sale
26 THE PARKWAYDetached, Freehold31 Jul 2003£310,000First Sale
24 THE PARKWAYDetached, Freehold16 Jul 2001£275,500First Sale
22 THE PARKWAYDetached, Freehold31 Jan 2001£410,000First Sale
18 THE PARKWAYDetached, Freehold27 May 1999£151,000First Sale
12 THE PARKWAYDetached, Freehold10 Nov 1995£150,000First Sale
14 THE PARKWAYDetached, FreeholdArea: 168 Sq.mtrAge: 1950-196612 Oct 1995£142,000First Sale

Check out the sold house prices near the BN16 2BU postcode. Properties currently for saleProperties currently for rent

THE PARKWAY, BN16 2BU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN16 2BU 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 2BU postcode.

  • Detached
    • The average price is around £369,904 median price is £335,000 Standard Deviation is £218,582 with Total Sold: 1,339
    • The Last 5 Year average price is £665,184 with Total Sold: 195
    • The most recent sale happened at this postcode is , 45 JERVIS AVENUE: £585,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 29 GLENVILLE ROAD: £76,500 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £132,156 median price is £124,000 Standard Deviation is £74,715 with Total Sold: 975
    • The Last 5 Year average price is £220,206 with Total Sold: 167
    • The most recent sale happened at this postcode is 16, SILVERWOOD COURT WAKEHURST PLACE: £197,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 28 ELM PLACE: £40,500 (Sold on 11 Jan 1995)
  • Terraced
    • The average price is around £186,398 median price is £185,850 Standard Deviation is £91,307 with Total Sold: 501
    • The Last 5 Year average price is £292,912 with Total Sold: 74
    • The most recent sale happened at this postcode is , 2 CHICHESTER COURT: £290,000 (Sold on 12 Jun 2024)
    • The first recorded sale happened at this postcode is , 18 ORCHARD GARDENS: £51,500 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £237,403 median price is £229,750 Standard Deviation is £134,849 with Total Sold: 252
    • The Last 5 Year average price is £444,639 with Total Sold: 36
    • The most recent sale happened at this postcode is , WOODBURY COTTAGE STATION ROAD: £480,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 11 LAWRENCE AVENUE: £57,995 (Sold on 10 Apr 1995)
  • Other
    • The average price is around £944,695 median price is £370,000 Standard Deviation is £1,452,688 with Total Sold: 18
    • The Last 5 Year average price is £1,073,865 with Total Sold: 8
    • The most recent sale happened at this postcode is , 20 ELM PLACE: £235,000 (Sold on 02 Jun 2023)
    • The first recorded sale happened at this postcode is , 7 BROADMARK LANE: £365,000 (Sold on 29 Jan 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£568,933 £4,942 13
2023£758,171 £5,907 38
2022£801,696 £6,424 28
2021£647,680 £5,481 43
2020£620,541 £5,083 38
2019£560,743 £4,644 35
2018£568,567 £4,611 45
2017£542,114 £4,467 44
2016£551,541 £3,973 34
2015£488,741 £3,811 49
2014£450,724 £3,618 45
2013£393,118 £3,328 48
2012£367,748 £3,474 50
2011£401,473 £3,318 49
2010£384,173 £3,469 39
2009£335,348 £3,232 33
2008£387,038 £3,049 32
2007£384,008 £3,052 52
2006£339,145 £2,942 67
2005£349,579 £2,309 41
2004£306,650 £2,635 46
2003£296,613 £2,512 50
2002£243,683 £1,921 51
2001£227,219 £1,952 50
2000£211,057 £1,750 38
1999£168,148 £1,409 54
1998£160,158 £1,319 52
1997£138,792 £1,105 68
1996£125,042 £1,030 73
1995£119,444 £943 34
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,926 £2,951 17
2023£187,600 £3,102 20
2022£241,080 £3,567 28
2021£221,285 £3,331 41
2020£217,529 £2,817 35
2019£207,892 £3,083 26
2018£182,464 £2,973 28
2017£197,944 £3,028 25
2016£172,757 £2,653 28
2015£170,845 £2,617 53
2014£136,769 £2,324 37
2013£145,700 £2,222 17
2012£146,170 £2,262 25
2011£129,349 £2,130 34
2010£130,382 £2,107 17
2009£141,175 £2,132 22
2008£157,532 £2,358 14
2007£156,881 £2,611 35
2006£127,648 £2,089 47
2005£126,061 £2,150 27
2004£133,238 £2,018 37
2003£113,761 £1,858 31
2002£99,161 £1,588 35
2001£74,927 £1,231 41
2000£69,619 £1,082 42
1999£67,050 £1,100 47
1998£71,492 £1,111 73
1997£43,706 £671 38
1996£41,545 £691 29
1995£36,846 £590 26
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£319,125 £4,267 8
2023£340,829 £4,127 7
2022£319,768 £3,640 14
2021£301,921 £3,503 19
2020£251,062 £3,105 8
2019£250,831 £3,242 18
2018£271,824 £3,288 17
2017£244,127 £3,003 16
2016£238,858 £2,954 24
2015£227,148 £2,811 22
2014£230,361 £2,676 28
2013£221,625 £2,353 16
2012£226,909 £2,509 17
2011£159,909 £2,257 11
2010£198,535 £2,463 13
2009£198,909 £1,932 11
2008£200,044 £2,350 16
2007£213,988 £2,731 29
2006£187,393 £2,188 15
2005£163,614 £2,179 11
2004£178,996 £2,206 13
2003£159,867 £1,911 17
2002£129,136 £1,630 21
2001£116,950 £1,455 14
2000£87,586 £1,065 14
1999£83,136 £954 27
1998£75,385 £854 24
1997£69,980 £806 15
1996£69,509 £610 22
1995£57,264 £610 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£441,600 £4,997 5
2023£485,833 £5,947 6
2022£512,600 £5,014 5
2021£384,750 £4,369 8
2020£447,250 £4,795 8
2019£416,250 £4,558 4
2018£345,567 £4,046 6
2017£331,812 £3,394 4
2016£282,700 £3,452 6
2015£309,499 £3,168 6
2014£240,020 £2,886 12
2013£263,875 £2,785 8
2012£285,870 £3,146 7
2011£251,550 £3,279 9
2010£250,825 £2,247 6
2009£244,128 £2,568 9
2008£270,550 £3,854 9
2007£295,550 £3,235 8
2006£258,197 £2,622 15
2005£224,185 £2,830 10
2004£219,956 £2,435 8
2003£213,279 £2,582 7
2002£171,950 £1,719 11
2001£145,015 £1,584 14
2000£113,619 £1,405 8
1999£145,167 £1,272 6
1998£119,113 £1,248 15
1997£81,160 £729 10
1996£68,778 £851 16
1995£56,516 £706 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£235,000 £3,133 1
2022£534,2252
2021£382,6252
2020£265,000 £5,521 1
2019£3,128,608 £35,102 2
2018£285,000 £4,159 2
2017£1001
2016£1,120,500 £17,279 7

House Type in BN16 2BU area

The most common house types in the BN16 2BU postcode area are Detached (115), Semi-detached (2), and Terraced (2).

Total122
Detached115
Semi-detached2
Terraced2
Flat2
temporary structure1
Shared house0
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 (20).

Owned: Owns outright92
Owned: Owns with a mortgage or loan20
Private rented: Private landlord or letting agency7
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the BN16 2BU have 2 people in household (74), and 1 person in household (26).

2 people in household74
1 person in household26
3 people in household10
4 people in household8
5 people in household2
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0