Housing Market Analysis for GRAVITS LANE, PO21 5LT

Are you looking to understand PO21 5LT 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 PO21 5LT area, explore the PO21 5LT Area information page.
For comprehensive crime statistics in the PO21 5LT area, explore the PO21 5LT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO21 5LT postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £172,167 median price is £150,000 Standard Deviation is £53,899 with Total Sold: 6
- The Last 5 Year average price is £273,000 with Total Sold: 1
- The most recent sale happened at this postcode is 15 GRAVITS LANE: £273,000 (Sold on 30 Jan 2023)
- The first recorded sale happened at this postcode is 19 GRAVITS LANE: £135,000 (Sold on 16 Mar 2005)
Flat
- The average price is around £143,366 median price is £129,975 Standard Deviation is £41,421 with Total Sold: 14
- The Last 5 Year average price is £183,750 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 3, HURON COURT GRAVITS LANE: £130,000 (Sold on 25 Nov 2020)
- The first recorded sale happened at this postcode is FLAT 6, HURON COURT GRAVITS LANE: £250,000 (Sold on 09 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average PO21 5LT 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£273,000	£3,329	1
2016	£210,000	£2,580	1
2010	£127,500	£1,566	2
2007	£160,000	£2,105	1
2005	£135,000	£1,776	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£130,000	£3,333	1
2019	£177,500	£2,441	2
2017	£125,000	£3,019	1
2013	£105,000	£2,536	1
2009	£120,000	£2,898	1
2008	£131,731	£2,557	7
2024	£250,000		1

All the Sales in the GRAVITS LANE, PO21 5LT

See the table below for more details on the sold house prices in the PO21 5LT, Arun postcode.

Address	Sold Date	Price	% Change
15 GRAVITS LANESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1930-1949	30 Jan 2023	£273,000	First Sale
FLAT 3, HURON COURT GRAVITS LANEFlat, LeaseholdArea: 39 Sq.mtrAge: 2007 onwards	25 Nov 2020	£130,000	8.33%
	24 Oct 2008	£120,000	First Sale
FLAT 5, HURON COURT GRAVITS LANEFlat, LeaseholdArea: 57 Sq.mtrAge: 2007 onwards	10 Sep 2019	£160,000	-3.48%
	27 Jun 2008	£165,770	First Sale
FLAT 6, HURON COURT GRAVITS LANEFlat, LeaseholdArea: 94 Sq.mtrAge: 2007-2011	18 Feb 2019	£195,000	8.36%
	30 Jun 2008	£179,950	-28.02%
	09 Aug 2024	£250,000	First Sale
FLAT 7, HURON COURT GRAVITS LANEFlat, LeaseholdArea: 41.41 Sq.mtrAge: 2007 onwards	13 Apr 2017	£125,000	19.05%
	06 Dec 2013	£105,000	-12.50%
	04 Dec 2009	£120,000	24.35%
	05 Dec 2008	£96,500	First Sale
17 GRAVITS LANESemi-Detached, FreeholdArea: 81.4 Sq.mtrAge: 1930-1949	16 Feb 2016	£210,000	50.00%
	04 Jun 2010	£140,000	21.74%
	09 Apr 2010	£115,000	First Sale
FLAT 4, HURON COURT GRAVITS LANEFlat, Leasehold	15 Dec 2008	£95,000	First Sale
FLAT 2, HURON COURT GRAVITS LANEFlat, Leasehold	27 Jun 2008	£129,950	First Sale
FLAT 1, HURON COURT GRAVITS LANEFlat, Leasehold	27 Jun 2008	£134,950	First Sale
19 GRAVITS LANESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-1949	02 Feb 2007	£160,000	18.52%
	16 Mar 2005	£135,000	First Sale

Check out the sold house prices near the PO21 5LT postcode. Properties currently for saleProperties currently for rent

GRAVITS LANE, PO21 5LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO21 5LT 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 PO21 5LT postcode.

Flat
- The average price is around £106,306 median price is £110,000 Standard Deviation is £48,809 with Total Sold: 823
- The Last 5 Year average price is £160,895 with Total Sold: 120
- The most recent sale happened at this postcode is FLAT 6, HURON COURT GRAVITS LANE: £250,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 23, COURTFIELD HOUSE HAMBLEDON PLACE: £59,999 (Sold on 09 Jan 1995)
Terraced
- The average price is around £140,314 median price is £140,000 Standard Deviation is £70,732 with Total Sold: 812
- The Last 5 Year average price is £243,384 with Total Sold: 106
- The most recent sale happened at this postcode is , 18 WADHURST CLOSE: £210,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 31 ESSEX ROAD: £40,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £243,122 median price is £235,000 Standard Deviation is £132,990 with Total Sold: 654
- The Last 5 Year average price is £412,412 with Total Sold: 92
- The most recent sale happened at this postcode is , 154 COLLYER AVENUE: £240,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 3A PARKLANDS AVENUE: £64,000 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £178,554 median price is £175,998 Standard Deviation is £85,004 with Total Sold: 818
- The Last 5 Year average price is £294,268 with Total Sold: 119
- The most recent sale happened at this postcode is , 26 WESTLOATS LANE: £205,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 69 MARSHALL AVENUE: £86,950 (Sold on 05 Jan 1995)
Other
- The average price is around £225,480 median price is £154,500 Standard Deviation is £236,972 with Total Sold: 20
- The Last 5 Year average price is £254,722 with Total Sold: 9
- The most recent sale happened at this postcode is , 67 HAWTHORN ROAD: £160,000 (Sold on 13 Mar 2024)
- The first recorded sale happened at this postcode is , 65C GRAVITS LANE: £20,000 (Sold on 30 May 2014)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,000	£1,838	7
2023	£164,538	£2,950	13
2022	£177,475	£3,333	20
2021	£160,923	£3,015	31
2020	£139,228	£2,480	17
2019	£153,077	£2,599	32
2018	£155,373	£2,616	24
2017	£144,973	£2,628	22
2016	£131,381	£2,398	21
2015	£128,825	£2,288	27
2014	£128,950	£2,197	36
2013	£109,175	£2,135	14
2012	£114,464	£2,060	14
2011	£113,405	£2,063	20
2010	£123,167	£2,148	15
2009	£110,224	£1,933	17
2008	£133,150	£2,522	50
2007	£125,433	£2,496	41
2006	£118,018	£2,394	36
2005	£116,124	£2,148	34
2004	£105,409	£1,994	44
2003	£105,032	£1,827	41
2002	£74,843	£1,402	37
2001	£58,410	£1,183	34
2000	£48,664	£995	31
1999	£49,434	£796	28
1998	£42,923	£793	37
1997	£37,210	£741	33
1996	£34,859	£648	19
1995	£42,718	£854	28

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£232,700	£3,529	5
2023	£253,850	£2,952	10
2022	£280,750	£3,585	18
2021	£245,945	£2,921	32
2020	£224,857	£2,647	21
2019	£222,550	£2,857	20
2018	£211,370	£2,680	23
2017	£214,790	£2,649	24
2016	£194,500	£2,640	16
2015	£185,932	£2,292	22
2014	£174,666	£2,098	18
2013	£150,750	£2,009	14
2012	£155,344	£1,888	16
2011	£155,039	£1,863	23
2010	£157,219	£1,934	16
2009	£149,325	£1,723	20
2008	£183,579	£1,973	19
2007	£170,763	£2,081	46
2006	£148,937	£1,903	39
2005	£144,999	£1,709	51
2004	£135,232	£1,736	41
2003	£121,235	£1,464	37
2002	£101,539	£1,234	57
2001	£87,053	£1,017	31
2000	£80,926	£935	33
1999	£60,495	£757	40
1998	£53,826	£672	35
1997	£45,432	£579	28
1996	£49,141	£595	38
1995	£49,079	£586	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£601,000		5
2023	£414,686	£3,512	21
2022	£464,736	£3,507	18
2021	£396,402	£3,083	23
2020	£342,545	£3,159	11
2019	£355,571	£3,030	14
2018	£371,196	£2,950	14
2017	£360,981	£2,817	26
2016	£331,472	£2,789	18
2015	£318,545	£2,685	22
2014	£281,812	£2,388	35
2013	£247,422	£2,280	20
2012	£262,429	£2,044	19
2011	£245,917	£1,770	18
2010	£241,067	£2,144	15
2009	£261,104	£1,969	14
2008	£247,775	£2,243	18
2007	£297,334	£2,179	22
2006	£256,951	£2,075	28
2005	£232,800	£2,017	24
2004	£214,015	£1,850	31
2003	£213,300	£2,122	23
2002	£187,625	£1,641	32
2001	£161,628	£1,119	23
2000	£149,222	£1,172	20
1999	£114,087	£877	26
1998	£117,556	£947	27
1997	£96,690	£785	36
1996	£83,960	£796	30
1995	£87,514	£719	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£277,333	£2,707	9
2023	£324,531	£3,489	16
2022	£324,522	£3,247	23
2021	£292,271	£3,005	35
2020	£265,580	£2,616	17
2019	£269,526	£2,775	19
2018	£254,179	£2,742	26
2017	£252,371	£2,722	38
2016	£239,355	£2,654	30
2015	£228,358	£2,364	41
2014	£208,055	£2,271	51
2013	£185,810	£2,095	20
2012	£170,594	£1,833	26
2011	£189,430	£1,990	22
2010	£193,103	£1,847	17
2009	£171,321	£1,721	14
2008	£204,812	£2,032	16
2007	£195,814	£2,288	36
2006	£177,161	£1,820	36
2005	£159,758	£1,790	18
2004	£158,482	£1,749	36
2003	£144,568	£1,562	36
2002	£132,116	£1,353	36
2001	£96,018	£1,035	25
2000	£86,476	£1,004	26
1999	£75,456	£769	33
1998	£73,702	£798	29
1997	£61,836	£666	39
1996	£56,638	£622	25
1995	£58,115	£558	23

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,000		1
2023	£355,800	£14,369	5
2022	£165,000		1
2020	£94,250	£4,868	2
2018	£347,869	£2,927	3
2017	£136,833	£2,750	3
2016	£185,750	£2,208	4
2014	£20,000	£260	1

House Type in PO21 5LT area

The most common house types in the PO21 5LT postcode area are Terraced (59), Semi-detached (51), and Flat (22).

Total	148
Terraced	59
Semi-detached	51
Flat	22
Shared house	8
Detached	7
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (40), and Private rented: Private landlord or letting agency (32).

Social rented: Other social rented	40
Private rented: Private landlord or letting agency	32
Owned: Owns with a mortgage or loan	31
Owned: Owns outright	22
Social rented: Rents from council or Local Authority	17
Private rented: Other private rented	5
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the PO21 5LT have 2 people in household (49), and 3 people in household (31).

2 people in household	49
3 people in household	31
1 person in household	29
4 people in household	29
5 people in household	7
6 people in household	2
8 or more people in household	1
0 people in household	0
7 people in household	0