Housing Market Analysis for PALMER ROAD, BN16 4LW

Are you looking to understand BN16 4LW 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 4LW area, explore the BN16 4LW Area information page.
For comprehensive crime statistics in the BN16 4LW area, explore the BN16 4LW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BN16 4LW postcode area, The average prices are as follows,

Terraced
- The average price is around £159,179 median price is £161,500 Standard Deviation is £83,913 with Total Sold: 14
- The Last 5 Year average price is £273,333 with Total Sold: 3
- The most recent sale happened at this postcode is 150 PALMER ROAD: £278,000 (Sold on 04 Oct 2023)
- The first recorded sale happened at this postcode is 104 PALMER ROAD: £315,000 (Sold on 01 Dec 2023)
Semi-Detached
- The average price is around £175,879 median price is £182,500 Standard Deviation is £70,331 with Total Sold: 17
- The Last 5 Year average price is £289,500 with Total Sold: 2
- The most recent sale happened at this postcode is 86 PALMER ROAD: £287,000 (Sold on 10 May 2019)
- The first recorded sale happened at this postcode is 82 PALMER ROAD: £85,000 (Sold on 11 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average BN16 4LW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£296,500	£3,299	2
2019	£227,000	£2,865	1
2017	£227,500	£2,872	1
2015	£195,000	£2,461	1
2013	£155,000	£1,957	1
2011	£159,500	£1,760	2
2008	£168,000	£1,647	1
2002	£147,000		1
1999	£55,000		1
1998	£51,000		2
1997	£40,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£289,500	£3,736	2
2015	£238,750	£3,129	2
2013	£196,250	£2,322	2
2012	£166,000	£2,098	1
2010	£218,750	£2,503	2
2009	£160,000	£2,067	1
2007	£198,000	£2,257	1
2004	£168,500	£2,130	1
1999	£81,488	£906	4
1997	£85,000	£1,149	1

All the Sales in the PALMER ROAD, BN16 4LW

See the table below for more details on the sold house prices in the BN16 4LW, Arun postcode.

Address	Sold Date	Price	% Change
150 PALMER ROADTerraced, FreeholdArea: 79.22 Sq.mtrAge: 1930-1949	04 Oct 2023	£278,000	22.47%
	31 May 2019	£227,000	-0.22%
	06 Oct 2017	£227,500	16.67%
	29 Oct 2015	£195,000	25.81%
	02 Aug 2013	£155,000	11.51%
	25 Jul 2011	£139,000	First Sale
86 PALMER ROADSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-1949	10 May 2019	£287,000	First Sale
84 PALMER ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	14 Mar 2019	£292,000	28.35%
	27 Feb 2015	£227,500	First Sale
82 PALMER ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	22 May 2015	£250,000	194.12%
	11 Dec 1997	£85,000	First Sale
90 PALMER ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	13 Sep 2013	£182,500	First Sale
80 PALMER ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	28 Mar 2013	£210,000	First Sale
94 PALMER ROADSemi-Detached, FreeholdArea: 79.12 Sq.mtrAge: 1950-1966	21 Feb 2012	£166,000	-1.48%
	11 Aug 2004	£168,500	110.62%
	09 Nov 1999	£80,000	First Sale
104 PALMER ROADTerraced, FreeholdArea: 102 Sq.mtrAge: 1930-1949	02 Sep 2011	£180,000	7.14%
	25 Feb 2008	£168,000	-46.67%
	01 Dec 2023	£315,000	First Sale
88 PALMER ROADSemi-Detached, FreeholdArea: 87.71 Sq.mtrAge: 1950-1966	20 Oct 2010	£207,500	4.80%
	14 Sep 2007	£198,000	First Sale
74 PALMER ROADSemi-Detached, FreeholdArea: 87.11 Sq.mtrAge: 1950-1966	30 Jul 2010	£230,000	173.81%
	12 Apr 1999	£84,000	First Sale
138 PALMER ROADSemi-Detached, FreeholdArea: 77.4 Sq.mtrAge: 1930-1949	26 May 2009	£160,000	First Sale
114 PALMER ROADTerraced, Freehold	22 Nov 2002	£147,000	First Sale
76 PALMER ROADSemi-Detached, Freehold	22 Oct 1999	£89,950	First Sale
122 PALMER ROADTerraced, Freehold	28 May 1999	£55,000	23.60%
	15 Jul 1998	£44,500	11.25%
	07 May 1997	£40,000	First Sale
96 PALMER ROADSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1950-1966	05 Feb 1999	£72,000	First Sale
120 PALMER ROADTerraced, Freehold	10 Jul 1998	£57,500	First Sale

Check out the sold house prices near the BN16 4LW postcode. Properties currently for saleProperties currently for rent

PALMER ROAD, BN16 4LW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN16 4LW 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 4LW postcode.

Detached
- The average price is around £321,747 median price is £270,000 Standard Deviation is £226,050 with Total Sold: 374
- The Last 5 Year average price is £521,944 with Total Sold: 60
- The most recent sale happened at this postcode is , 10 FURZEFIELD CLOSE: £450,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 11 MERRYFIELD CRESCENT: £79,000 (Sold on 23 Jan 1995)
Terraced
- The average price is around £174,568 median price is £173,500 Standard Deviation is £87,732 with Total Sold: 623
- The Last 5 Year average price is £291,018 with Total Sold: 99
- The most recent sale happened at this postcode is , 12 PALMER ROAD: £285,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 17 FLETCHER WAY: £39,950 (Sold on 30 Jan 1995)
Semi-Detached
- The average price is around £203,195 median price is £193,000 Standard Deviation is £108,057 with Total Sold: 569
- The Last 5 Year average price is £346,052 with Total Sold: 85
- The most recent sale happened at this postcode is , 78 ARUNDEL ROAD: £370,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 2 ASHLEIGH CLOSE: £52,000 (Sold on 10 Jan 1995)
Flat
- The average price is around £126,875 median price is £122,750 Standard Deviation is £61,765 with Total Sold: 144
- The Last 5 Year average price is £179,067 with Total Sold: 15
- The most recent sale happened at this postcode is FLAT 33, ST MARGARETS COURT ARUNDEL ROAD: £143,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is 30, ST MARGARETS COURT ARUNDEL ROAD: £77,000 (Sold on 14 Feb 1995)
Other
- The average price is around £460,853 median price is £225,000 Standard Deviation is £648,528 with Total Sold: 14
- The Last 5 Year average price is £543,111 with Total Sold: 9
- The most recent sale happened at this postcode is , 5 FERNDALE WALK: £340,000 (Sold on 13 Mar 2024)
- The first recorded sale happened at this postcode is , 2 THE SQUARE: £21,750 (Sold on 07 Jan 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£442,450	£6,000	5
2023	£532,750	£4,792	8
2022	£793,080	£5,789	10
2021	£495,496	£4,901	14
2020	£422,014	£4,243	11
2019	£444,375	£4,035	12
2018	£489,556	£3,746	9
2017	£444,125	£3,726	10
2016	£457,438	£3,919	13
2015	£387,833	£3,336	9
2014	£342,627	£3,222	11
2013	£275,497	£3,149	16
2012	£371,321	£3,267	14
2011	£368,000	£2,326	5
2010	£376,662	£3,108	12
2009	£336,112	£2,682	16
2008	£372,500	£3,390	9
2007	£371,650	£2,952	13
2006	£361,200	£2,604	15
2005	£267,357	£2,448	12
2004	£293,170	£2,227	10
2003	£336,214	£2,892	7
2002	£264,133	£2,052	21
2001	£274,406	£1,762	18
2000	£181,084	£1,475	16
1999	£141,815	£1,173	17
1998	£161,929	£1,213	14
1997	£151,980	£1,085	21
1996	£88,116	£806	16
1995	£86,120	£858	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£312,917	£4,399	6
2023	£300,967	£4,133	15
2022	£325,000	£4,116	21
2021	£305,511	£3,440	23
2020	£261,409	£3,436	11
2019	£247,457	£3,109	23
2018	£264,673	£3,329	22
2017	£248,100	£3,242	25
2016	£236,265	£3,257	13
2015	£225,360	£2,777	26
2014	£216,204	£2,610	24
2013	£184,367	£2,440	26
2012	£174,542	£2,261	24
2011	£187,358	£2,077	18
2010	£187,530	£2,297	15
2009	£161,827	£2,079	11
2008	£188,493	£1,968	14
2007	£177,464	£2,207	29
2006	£171,653	£2,171	32
2005	£191,346	£2,227	16
2004	£159,862	£1,816	26
2003	£132,204	£1,719	26
2002	£122,019	£1,641	21
2001	£90,396	£1,106	21
2000	£83,612	£1,044	21
1999	£68,103	£909	18
1998	£68,862	£835	28
1997	£55,043	£703	29
1996	£48,120	£613	20
1995	£52,087	£623	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£399,600		4
2023	£341,900	£4,345	10
2022	£376,250	£4,553	16
2021	£350,111	£4,007	27
2020	£312,000	£3,764	13
2019	£324,533	£3,801	15
2018	£305,526	£3,686	19
2017	£301,421	£3,749	19
2016	£295,320	£3,335	20
2015	£277,989	£3,534	18
2014	£261,949	£2,958	26
2013	£218,443	£2,578	14
2012	£200,233	£2,658	9
2011	£203,611	£2,942	9
2010	£203,767	£2,508	15
2009	£201,047	£2,269	19
2008	£193,833	£2,526	9
2007	£214,439	£2,796	19
2006	£218,776	£2,537	37
2005	£185,817	£2,294	23
2004	£172,368	£2,067	22
2003	£156,445	£2,022	21
2002	£132,609	£1,619	28
2001	£154,831	£1,581	18
2000	£108,308	£1,202	24
1999	£98,843	£1,061	29
1998	£73,924	£828	21
1997	£72,218	£928	25
1996	£66,828	£672	22
1995	£73,483	£778	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£143,000		1
2023	£242,500	£3,031	1
2022	£145,667	£2,335	3
2021	£175,000	£2,569	1
2020	£208,250	£3,114	4
2019	£171,100	£2,661	5
2018	£191,667	£2,888	3
2017	£209,714	£2,371	7
2016	£166,633	£2,467	3
2015	£219,200	£2,613	5
2014	£158,362	£2,485	4
2013	£131,792	£1,917	6
2012	£143,500	£1,866	7
2011	£170,225	£2,682	4
2010	£119,875		4
2009	£128,000	£1,604	5
2008	£125,333	£2,637	3
2007	£170,333	£2,118	3
2006	£137,375	£1,816	8
2005	£154,000	£2,257	2
2004	£164,283	£2,143	6
2003	£115,756	£1,625	8
2002	£115,700	£1,434	6
2001	£87,892	£1,354	6
2000	£70,580	£633	5
1999	£55,678	£487	9
1998	£62,414		7
1997	£51,667	£494	3
1996	£49,333	£398	6
1995	£60,761	£1,090	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,000		1
2023	£728,750		4
2022	£1,431,000		1
2021	£15,000		1
2019	£93,500	£1,429	2
2018	£550,000		1
2017	£330,730	£2,962	3
2016	£21,750		1

House Type in BN16 4LW area

The most common house types in the BN16 4LW postcode area are Terraced (80), Semi-detached (32), and Detached (3).

Total	118
Terraced	80
Semi-detached	32
Detached	3
Flat	2
temporary structure	1
Shared house	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 (39), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	39
Owned: Owns with a mortgage or loan	33
Social rented: Rents from council or Local Authority	31
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the BN16 4LW have 2 people in household (46), and 1 person in household (22).

2 people in household	46
1 person in household	22
3 people in household	17
4 people in household	17
5 people in household	12
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0