selected branch: Brighton and Worthing
If you’re looking to buy a house in Brighton or Worthing one of the most important things to know is how much it will cost you. We’ve used Zoopla data to put together a list of the average house prices in the area, including the cheapest and most expensive places to buy, so you can plan your move and make the most of your money.
House prices in the area vary depending on where you decide to live, as well as the type of property you’re looking to buy. The average house price in Brighton is £410,880 – and we’ve broken down data from Zoopla over the last 12 months by house type to give you a better idea of how much you can get for your money:
The most expensive area to buy is the BN45 postcode. This includes several villages to the north-west of Brighton that are all fully located within the South Downs National Park, including Poynings, a charming village of fewer than 300 people located just five miles to the north-west of the city; Pyecombe and Saddlescombe. The average house price here is £665,738.
BN23 is another area where you can expect to pay a premium for property. This region includes the lively seaside town of Eastbourne, where houses go for an average of £581,516.
To the north of Brighton, the BN6 postcode region is also a costly area to buy a property, with houses averaging £576,841. The region includes the pretty villages of Hassocks, Albourne, Clayton and Ditching, all at the border of the South Downs park.
Located roughly 6 miles north of Worthing, the BN44 postcode area includes the rural town of Steyning, the tiny rural hamlet of Botolphs, and the charming village of Upper Beeding, just inside the boundary of the South Downs park. Houses here average £533,227.
Finally, the BN7 area – including the lovely town of Lewes and the six-mile-long hamlet of East Chiltington, as well as Rodmell, Iford and Offham – is another expensive area, with average house prices of £502,529.
You can get a great deal for your money in some of Brighton’s cheaper areas. The BN21 postcode including the old town of Eastbourne commands an average house price of £217,561, whilst the BN22 postcode, covering parts of Eastbourne as well as the village of Willingdon, has average house prices of £244,798.
Worthing, covering the BN11 postcode, is far more affordable than Brighton or many of the surrounding villages. Here, you can get all the benefits of living by the sea whilst maximising your budget with average house prices of £266,127.
The seaside resort of Littlehampton and the villages of Climping and Lyminster, roughly 9 miles to the west of Worthing, also offer a taste of seaside living for a more affordable price. Prices in the BN17 postcode are costing, on average, £266,127.
Portslade, Fishersgate and other areas of the BN41 postcode at the western end of Brighton and Hove are the final area to look at if you’re looking to maximise your budget. Here, houses cost £295,343 on average.
If you’re looking to invest, take a look at the areas that have seen the biggest increase in property prices over the last five years.
The BN23 area, including Eastbourne, Friday Street, Langney and Sovereign Harbour, is on the rise. According to Zoopla data, over the last five years, property prices have increased by 55.50% to the current average of £581,516.
The BN15 region is another area to consider. It includes the coastal village of Lancing, a couple of miles east of Worthing, as well as Sompting at the foot of the South Downs. Here, properties average £4225,828 which has increased by 32.16% over the last five years.
Alternatively, you might want to look into the BN44 region, which includes a group of rural towns and villages at the edge of the South Downs such as Steyning, Botolphs and Upper Beeding. Prices here have increased by 24.42% to £533,227.
The amount you can get for your budget varies dramatically depending on where you choose to buy. For example, in the BN23 town of Eastbourne, the most expensive property currently on the market is a 4-bedroom flat for offers over £1,000,000. Alternatively, in the BN21 postcode region, also in Eastbourne, you could get a 1-bed flat for £70,000.
Brighton, Worthing, and the surrounding towns and villages make an attractive prospect for buyers: situated by the sea with easy access to both London and the South Downs, they offer the best of all worlds. Despite this, there are still some great options on the market to make the most of your budget, so depending on what you’re looking for, there’s something for everyone.
If you need advice for first-time buying in Brighton or Worthing – or if you’re looking for a reliable mortgage broker in Sussex – don’t hesitate to contact us today.
We’re experts on all things mortgage-related (and our services are always 100% free).
October 13, 2016
October 13, 2016
