Housing Market Analysis for OLD MILL CLOSE, BN41 1PQ

Are you looking to understand BN41 1PQ 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 Adur postcode.

For the location information and nearby amenities in the BN41 1PQ area, explore the BN41 1PQ Area information page.
For comprehensive crime statistics in the BN41 1PQ area, explore the BN41 1PQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BN41 1PQ postcode area, The average prices are as follows,

Flat
- The average price is around £119,252 median price is £110,000 Standard Deviation is £65,628 with Total Sold: 12
- The Last 5 Year average price is £207,500 with Total Sold: 2
- The most recent sale happened at this postcode is 31 OLD MILL CLOSE: £245,000 (Sold on 09 Dec 2022)
- The first recorded sale happened at this postcode is 32 OLD MILL CLOSE: £41,950 (Sold on 12 Feb 1998)
Terraced
- The average price is around £124,667 median price is £120,000 Standard Deviation is £10,339 with Total Sold: 3
- The most recent sale happened at this postcode is 9 OLD MILL CLOSE: £139,000 (Sold on 01 Feb 2011)
- The first recorded sale happened at this postcode is 9 OLD MILL CLOSE: £115,000 (Sold on 11 Nov 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average BN41 1PQ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£245,000	£3,500	1
2021	£170,000	£2,179	1
2018	£191,500	£2,957	2
2014	£125,000	£1,603	1
2011	£114,000	£1,355	1
2005	£106,000		1
2003	£60,000	£713	1
2002	£62,023	£882	3
1998	£41,950	£552	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£139,000	£1,741	1
2009	£120,000	£1,503	1
2003	£115,000	£1,441	1

All the Sales in the OLD MILL CLOSE, BN41 1PQ

See the table below for more details on the sold house prices in the BN41 1PQ, Adur postcode.

Address	Sold Date	Price	% Change
31 OLD MILL CLOSEFlat, LeaseholdArea: 70 Sq.mtrAge: 1967-1975	09 Dec 2022	£245,000	First Sale
18 OLD MILL CLOSEFlat, LeaseholdArea: 78 Sq.mtrAge: 1950-1966	30 Mar 2021	£170,000	36.00%
	10 Feb 2014	£125,000	First Sale
30 OLD MILL CLOSEFlat, LeaseholdArea: 54.72 Sq.mtrAge: 1950-1966	06 Aug 2018	£155,000	131.52%
	07 Feb 2002	£66,950	First Sale
16 OLD MILL CLOSEFlat, LeaseholdArea: 74 Sq.mtrAge: 1950-1966	30 Jan 2018	£228,000	First Sale
19 OLD MILL CLOSEFlat, LeaseholdArea: 84.12 Sq.mtrAge: 1950-1966	07 Nov 2011	£114,000	90.00%
	31 Mar 2003	£60,000	First Sale
9 OLD MILL CLOSETerraced, LeaseholdArea: 79.83 Sq.mtrAge: 1950-1966	01 Feb 2011	£139,000	15.83%
	13 Mar 2009	£120,000	4.35%
	11 Nov 2003	£115,000	First Sale
21 OLD MILL CLOSEFlat, Leasehold	11 Apr 2005	£106,000	37.66%
21 OLD MILL CLOSEFlat, Leasehold	29 Jul 2002	£77,000	First Sale
11 OLD MILL CLOSEFlat, LeaseholdArea: 78 Sq.mtrAge: 1950-1966	25 Feb 2002	£42,120	First Sale
32 OLD MILL CLOSEFlat, LeaseholdArea: 76 Sq.mtrAge: 1976-1982	12 Feb 1998	£41,950	First Sale

Check out the sold house prices near the BN41 1PQ postcode. Properties currently for saleProperties currently for rent

OLD MILL CLOSE, BN41 1PQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN41 1PQ 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 BN41 1PQ postcode.

Semi-Detached
- The average price is around £211,393 median price is £188,500 Standard Deviation is £120,438 with Total Sold: 326
- The Last 5 Year average price is £388,335 with Total Sold: 62
- The most recent sale happened at this postcode is , 5 SEAVIEW ESTATE: £390,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 8 STANLEY ROAD: £51,750 (Sold on 31 Jan 1995)
Terraced
- The average price is around £185,184 median price is £175,000 Standard Deviation is £110,706 with Total Sold: 1,562
- The Last 5 Year average price is £360,521 with Total Sold: 232
- The most recent sale happened at this postcode is , 35 ALBION STREET: £375,000 (Sold on 26 Jun 2024)
- The first recorded sale happened at this postcode is , 35 ABINGER ROAD: £47,600 (Sold on 06 Jan 1995)
Detached
- The average price is around £235,567 median price is £221,450 Standard Deviation is £143,094 with Total Sold: 35
- The Last 5 Year average price is £409,000 with Total Sold: 5
- The most recent sale happened at this postcode is , 27 TRAFALGAR ROAD: £315,000 (Sold on 27 Mar 2024)
- The first recorded sale happened at this postcode is , BROXHOLME JUBILEE ROAD: £52,000 (Sold on 13 Jun 1997)
Flat
- The average price is around £136,700 median price is £127,000 Standard Deviation is £77,251 with Total Sold: 331
- The Last 5 Year average price is £229,467 with Total Sold: 59
- The most recent sale happened at this postcode is FLAT 3, KINGSTON HOUSE, 56A GARDNER ROAD: £280,000 (Sold on 09 Feb 2024)
- The first recorded sale happened at this postcode is 4-5, NICHOLSONS WHARF FISHERSGATE TERRACE: £51,750 (Sold on 13 Jan 1995)
Other
- The average price is around £433,518 median price is £220,000 Standard Deviation is £685,746 with Total Sold: 31
- The Last 5 Year average price is £523,578 with Total Sold: 16
- The most recent sale happened at this postcode is FLAT 1, 2 BUCKLER STREET: £10,250 (Sold on 07 Aug 2023)
- The first recorded sale happened at this postcode is UNIT 8 BLOCK 4, CHALEX INDUSTRIAL ESTATE, 214 MANOR HALL ROAD: £90,000 (Sold on 06 Jun 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£384,333	£5,011	6
2023	£402,143	£4,983	7
2022	£431,471	£4,520	17
2021	£374,458	£4,201	12
2020	£349,125	£4,158	8
2019	£361,188	£4,130	12
2018	£316,389	£3,859	9
2017	£336,917	£3,840	12
2016	£275,935	£3,462	11
2015	£272,582	£3,335	10
2014	£262,745	£2,905	14
2013	£196,988	£2,322	4
2012	£208,988	£2,264	4
2011	£186,875	£2,379	8
2010	£207,188	£2,422	8
2009	£180,408	£2,059	6
2008	£213,100	£2,719	5
2007	£220,540	£2,437	10
2006	£209,123	£2,268	11
2005	£177,948	£2,127	20
2004	£167,374	£2,083	14
2003	£157,037	£1,898	12
2002	£120,321	£1,460	15
2001	£110,595	£1,106	20
2000	£105,192	£1,292	19
1999	£74,900	£900	5
1998	£67,568	£833	14
1997	£68,696	£780	13
1996	£56,000	£618	9
1995	£50,716	£594	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£364,643	£4,109	14
2023	£393,813	£4,480	37
2022	£412,797	£4,713	39
2021	£359,008	£4,150	61
2020	£332,413	£3,957	35
2019	£311,559	£3,784	46
2018	£304,239	£3,765	36
2017	£312,498	£3,755	40
2016	£292,392	£3,522	50
2015	£265,646	£3,250	38
2014	£242,302	£3,004	65
2013	£229,875	£2,655	33
2012	£203,956	£2,539	36
2011	£189,781	£2,359	43
2010	£193,196	£2,357	39
2009	£180,931	£2,292	40
2008	£186,568	£2,388	28
2007	£207,089	£2,635	68
2006	£186,652	£2,176	64
2005	£169,960	£2,110	60
2004	£165,314	£2,018	58
2003	£144,474	£1,767	67
2002	£127,423	£1,514	77
2001	£107,211	£1,215	67
2000	£85,285	£1,090	68
1999	£69,394	£818	86
1998	£66,272	£752	62
1997	£57,927	£677	73
1996	£47,899	£574	70
1995	£43,061	£518	62

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£287,500	£5,278	2
2022	£420,000	£5,906	2
2021	£630,000		1
2018	£337,500	£4,410	2
2017	£431,000	£4,936	2
2016	£292,083	£6,990	3
2015	£331,250	£4,879	2
2011	£145,000	£2,021	1
2010	£212,333	£3,063	3
2009	£174,950	£2,243	1
2008	£235,000		1
2007	£277,937	£2,638	3
2003	£184,950		1
2002	£121,750	£1,509	2
2001	£90,000		1
2000	£99,950	£1,331	1
1999	£96,315	£1,307	3
1998	£17,500	£180	1
1997	£57,833	£886	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£249,800	£4,400	3
2023	£260,167	£3,942	6
2022	£235,636	£4,465	11
2021	£255,375	£3,986	16
2020	£202,643	£3,527	7
2019	£195,727	£3,421	16
2018	£196,500	£3,752	10
2017	£222,233	£4,320	15
2016	£187,289	£3,088	9
2015	£179,967	£3,238	13
2014	£148,616	£2,506	16
2013	£172,214	£3,519	7
2012	£155,375	£2,277	4
2011	£107,583	£1,818	6
2010	£102,053	£1,601	19
2009	£168,317	£2,575	3
2008	£166,307	£2,919	7
2007	£152,152	£2,583	21
2006	£129,021	£2,357	7
2005	£129,450	£2,238	14
2004	£115,246	£2,080	13
2003	£97,211	£1,508	17
2002	£78,998	£1,231	17
2001	£66,562	£1,123	8
2000	£68,786	£1,624	11
1999	£45,636	£943	18
1998	£43,935	£708	13
1997	£36,904	£641	12
1996	£33,357	£582	7
1995	£32,940	£356	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£511,750		3
2022	£128,333		3
2021	£1,302,500	£4,854	4
2020	£288,667	£2,226	3
2019	£127,000	£3,556	3
2018	£220,000	£5,714	3
2017	£285,225	£4,049	8
2016	£1,105,000	£12,416	1
2015	£462,500	£8,371	2
2014	£90,000		1

House Type in BN41 1PQ area

The most common house types in the BN41 1PQ postcode area are Flat (117), Detached (1), and Terraced (1).

Total	120
Flat	117
Detached	1
Terraced	1
commercial building	1
Semi-detached	0
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (90), and Owned: Owns with a mortgage or loan (13).

Social rented: Rents from council or Local Authority	90
Owned: Owns with a mortgage or loan	13
Owned: Owns outright	7
Private rented: Private landlord or letting agency	6
Social rented: Other social rented	2
Private rented: Other private rented	2
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the BN41 1PQ have 1 person in household (42), and 2 people in household (25).

1 person in household	42
2 people in household	25
3 people in household	23
4 people in household	13
5 people in household	9
6 people in household	4
7 people in household	3
8 or more people in household	1
0 people in household	0