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Arundel House Prices Arundel House Prices

The average house price in Arundel is £590,000 using HM Land Registry data.

The average property price increased by £102,417 (22.7%) over the last 5 years and increased by £20,469 (3.84%) over the last 12 months.

Over the last year, there were 45 residential property sales – a decrease of 23 transactions (-51.11%) relative to the previous year. The majority of house sales (11) were in the £392,000 - £518,000 range. Then came properties in the £140,000 - £266,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,419 (-3%).

In April 2024, there were 15 new estate agency instructions, 3 agreed home sales and 12 property price reductions.

Postcodes Covered: BN18

5-Year Average Property Prices in Arundel

22.7%

Property prices in Arundel increased by 22.7% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Arundel Over the Last Year

3.84%

Property prices in Arundel increased by 3.84% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Arundel - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Arundel

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Arundel

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Arundel

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Arundel since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Arundel area since 1995.

Recent Property Sales in Arundel

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Maxwell Road, Arundel, West Sussex, BN18 9EU£780,000£731,514-£48,48609 May 202320 Feb 2024287 Days
21 Wheelwrights Close, Arundel, West Sussex, BN18 9TA£475,000£470,000-£5,00029 Aug 202315 Nov 202378 Days
Flat 16, Martlets Court, Queen Street, Arundel, West Sussex, BN18 9NZ£150,000£145,000-£5,00029 Jun 202320 Oct 2023113 Days
2 Wheelwrights Close, Arundel, West Sussex, BN18 9TA£490,000£482,500-£7,50020 Apr 202319 Oct 2023182 Days
25 Canada Road, Arundel, West Sussex, BN18 9HZ£250,000£245,000-£5,00030 May 202326 Sep 2023119 Days
5 Daltons Place, Arundel, West Sussex, BN18 9JU£375,000£352,500-£22,50012 Apr 202321 Sep 2023162 Days
12 Park Place, Arundel, West Sussex, BN18 9BE£315,000£315,000£0008 Jun 202306 Sep 202390 Days
The Studio, Kings Arms Hill, Arundel, West Sussex, BN18 9BT£499,950£499,950£0014 Nov 202201 Sep 2023291 Days
Flat 21, Martlets Court, Queen Street, Arundel, West Sussex, BN18 9NZ£175,000£167,500-£7,50005 Jul 202221 Jul 2023381 Days
Flat 2, Tower House, London Road, Arundel, West Sussex, BN18 9BH£695,000£690,000-£5,00007 Feb 202323 Jun 2023136 Days
Flat 13, Martlets Court, Queen Street, Arundel, West Sussex, BN18 9NZ£245,000£245,000£0003 Mar 202209 Jun 2023463 Days
32 Ford Road, Arundel, West Sussex, BN18 9EQ£450,000£441,500-£8,50011 Oct 202207 Jun 2023239 Days
3 Penfolds Place, Arundel, West Sussex, BN18 9SA£500,000£480,000-£20,00028 Nov 202209 May 2023162 Days
24 Howard Road, Arundel, West Sussex, BN18 9EL£475,000£448,500-£26,50015 Sep 202230 Mar 2023196 Days
32 Kirdford Road, Arundel, West Sussex, BN18 9EE£385,000£380,000-£5,00004 Nov 202229 Mar 2023145 Days
3 Surrey Wharf, Arundel, West Sussex, BN18 9DW£525,000£510,000-£15,00012 Oct 202206 Mar 2023145 Days
Flat 24, Martlets Court, Queen Street, Arundel, West Sussex, BN18 9NZ£155,500£120,200-£35,30030 Apr 202124 Feb 2023665 Days
21 Nineveh Shipyard, Arundel, West Sussex, BN18 9SU£625,000£625,000£0016 Aug 202219 Jan 2023156 Days
Flat 15, Martlets Court, Queen Street, Arundel, West Sussex, BN18 9NZ£300,000£300,000£0019 Jul 202205 Jan 2023170 Days
31 Jarvis Road, Arundel, West Sussex, BN18 9HS£250,000£250,000£0014 Apr 202203 Jan 2023264 Days

Most Expensive Streets in Arundel

PostcodeStreetAreaAverageNo. of Sales
BN18 9JJThe CausewayArundel£1,090,5004
BN18 9HETorton Hill RoadArundel£861,2504
BN18 9DJTarrant StreetArundel£797,5004
BN18 9HFTorton Hill RoadArundel£785,3128
BN18 9ADHigh StreetArundel£782,3333
BN18 9BUMaltravers StreetArundel£765,5559
BN18 9DGTarrant StreetArundel£670,1666
BN18 9EUMaxwell RoadArundel£667,5153
BN18 9APMaltravers StreetArundel£658,7305
BN18 9BHLondon RoadArundel£638,0005

Least Expensive Streets in Arundel

PostcodeStreetAreaAverageNo. of Sales
BN18 9LECauseway CourtQueen Street, Arundel£103,2005
BN18 9HUHerington RoadArundel£183,3333
BN18 9FECaen Stone CourtQueen Street, Arundel£210,0005
BN18 9NZMartlets CourtQueen Street, Arundel£218,23622
BN18 9HZCanada RoadArundel£229,2504
BN18 9HSJarvis RoadArundel£230,0003
BN18 9JZFitzalan RoadArundel£270,0004
BN18 9JXDukes CloseArundel£273,3333
BN18 9JUDaltons PlaceArundel£306,2504
BN18 9HPPearson RoadArundel£313,1586

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