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Rustington House Prices Rustington House Prices

The average house price in Rustington is £390,592 using HM Land Registry data.

The average property price increased by £144,902 (38.21%) over the last 5 years and increased by £28,961 (5.85%) over the last 12 months.

Over the last year, there were 536 residential property sales – a decrease of 141 transactions (-26.31%) relative to the previous year. The majority of house sales (140) were in the £342,000 - £454,000 range. Then came properties in the £230,000 - £342,000 range, where 127 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,573 (-1%).

In April 2024, there were 117 new estate agency instructions, 88 agreed home sales and 87 property price reductions.

Neighbouring Areas: Worthing, Littlehampton

Postcodes Covered: BN12, BN16, BN17

5-Year Average Property Prices in Rustington

38.21%

Property prices in Rustington increased by 38.21% 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 Rustington Over the Last Year

5.85%

Property prices in Rustington increased by 5.85% 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 Rustington - 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 Rustington

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 Rustington

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 Rustington

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 Rustington since 1995

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

Recent Property Sales in Rustington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
21 Chantryfield Road, Angmering, Littlehampton, West Sussex, BN16 4LR£340,000£340,000£0029 Sep 202322 Mar 2024175 Days
28 Sutton Avenue, Rustington, Littlehampton, West Sussex, BN16 2ES£550,000£540,000-£10,00017 Nov 202315 Mar 2024119 Days
6 Downs Way, East Preston, Littlehampton, West Sussex, BN16 1AA£335,000£312,500-£22,50027 Dec 202311 Mar 202475 Days
58 Ashurst Way, East Preston, Littlehampton, West Sussex, BN16 1AG£360,000£332,500-£27,50014 Jul 202306 Mar 2024236 Days
52 Mill Road Avenue, Angmering, Littlehampton, West Sussex, BN16 4HS£525,000£515,000-£10,00016 Oct 202304 Mar 2024140 Days
12 Mariners Walk, Rustington, Littlehampton, West Sussex, BN16 2ER£625,000£592,000-£33,00014 Sep 202329 Feb 2024168 Days
Flat 28, Strand Court, Harsfold Road, Rustington, Littlehampton, West Sussex, BN16 2NT£280,000£280,000£0023 Oct 202326 Feb 2024126 Days
5 Birch Close, Angmering, Littlehampton, West Sussex, BN16 4HB£450,000£430,000-£20,00005 Sep 202323 Feb 2024171 Days
15 Mariners Walk, Rustington, Littlehampton, West Sussex, BN16 2ER£535,000£535,000£0030 Oct 202313 Feb 2024106 Days
3 Seawaves Close, East Preston, Littlehampton, West Sussex, BN16 1LQ£525,000£525,000£0007 Nov 202312 Feb 202497 Days
49 Little Paddocks, Ferring, Worthing, West Sussex, BN12 5NH£700,000£680,000-£20,00013 Sep 202312 Feb 2024152 Days
41 Wakehurst Place, Rustington, Littlehampton, West Sussex, BN16 3NG£360,000£350,000-£10,00013 Jun 202307 Feb 2024239 Days
Flat 28, Field House, Station Road, East Preston, Littlehampton, West Sussex, BN16 3RU£150,000£150,000£0025 Aug 202306 Feb 2024165 Days
27 Ferringham Lane, Ferring, Worthing, West Sussex, BN12 5NB£1,150,000£1,150,000£0007 Aug 202302 Feb 2024179 Days
49 Jervis Avenue, Rustington, Littlehampton, West Sussex, BN16 2AS£650,000£647,623-£2,37707 Jul 202329 Jan 2024206 Days
18 Vermont Way, East Preston, Littlehampton, West Sussex, BN16 1JX£450,000£420,000-£30,00002 Aug 202326 Jan 2024177 Days
Flat 2, Heritage Place, Broadmark Lane, Rustington, Littlehampton, West Sussex, BN16 2GY£350,000£340,000-£10,00019 Sep 202326 Jan 2024129 Days
97 Golden Avenue, East Preston, Littlehampton, West Sussex, BN16 1QT£875,000£825,000-£50,00026 Jul 202325 Jan 2024183 Days
39 Golden Avenue, East Preston, Littlehampton, West Sussex, BN16 1QY£1,000,000£785,000-£215,00030 Nov 202224 Jan 2024420 Days
26 Hillview Crescent, East Preston, Littlehampton, West Sussex, BN16 1RG£500,000£475,000-£25,00001 Jan 202324 Jan 2024388 Days

Most Expensive Streets in Rustington

PostcodeStreetAreaAverageNo. of Sales
BN16 1SQGorse AvenueKingston Gorse£3,133,3333
BN16 1SJCoastal RoadEast Preston£2,613,0005
BN16 1SWCoastal RoadEast Preston£1,793,3333
BN16 2TFTamarisk WayEast Preston£1,762,4005
BN16 1SNCoastal RoadEast Preston£1,700,0003
BN16 1SFGorse AvenueKingston Gorse£1,562,5004
BN16 2TAAngmering LaneEast Preston£1,346,4287
BN16 2UPThe OaksRustington£1,232,5004
BN16 2TGSelborne WayEast Preston£1,218,1258
BN16 2SWMyrtle GroveEast Preston£1,205,0006

Least Expensive Streets in Rustington

PostcodeStreetAreaAverageNo. of Sales
BN12 6FDWinton CloseFerring£97,7503
BN16 2TJRichmond CourtSea Lane£119,00011
BN16 1ARMilliers CourtWorthing Road£126,00029
BN16 3UZSilverwood CourtWakehurst Place£135,86322
BN16 3RUField HouseStation Road£137,56811
BN16 2REHartnetts CottagesSea Lane£138,50012
BN16 1SRChestnut CourtSea Road£148,41913
BN16 3RYDorking CourtCopper Hall Close£155,8577
BN16 2PZHighfield GardensRustington£159,0003
BN16 4NQSt Margarets CourtArundel Road£161,1666

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