West Sussex Property Market 2015

Story Highlights

  • West Sussex had total property sales of £5.94 Billions in 2015
  • The total number of properties sold in 2015 was 17,856.
  • The average sales price in West Sussex was £332.89 K, whereas median was £276 K
  • Across its districts average sales price in West Sussex was maximum for Chichester at £411 K and was minimum for Worthing at £272 K
  • Similarly the median sales price in West Sussex was maximum for Horsham at £340 K and was minimum for Arun at £244.5 K
  • New Property sales were 13.52% by value, whereas Not New Property contributed 86.48%

 

West Sussex is one of the counties of South East England. The districts of West Sussex are Mid Sussex, Horsham, Arun, Chichester, Worthing, Crawley, Adur. Let us look at the West Sussex Property Market in 2015 in detail.

 

Total Sales By Districts

West Sussex - Total Sales By Districts

West Sussex had total property sales of £5.94 Billions which was 7.63% of the total South East property Market in 2015.

The split of the sales across the different districts was:

  • Mid Sussex £1.165 billions (19.6%)
  • Horsham £1.16 billions (19.52%)
  • Arun £1.048 billions (17.64%)
  • Chichester £955 millions (16.06%)
  • Worthing £744 millions (12.51%)
  • Crawley £540 millions (9.08%)
  • Adur £332 millions (5.59%)

 

Total Sales By Property Type

West Sussex - Total Sales By Property Type

The split across the different property types in West Sussex are:

  • Terraced £1.2 billions (20.18%)
  • Semi-Detached £1.24 billions (20.81%)
  • Other £286 millions (4.82%)
  • Flat/Maisonette £829 millions (13.95%)
  • Detached £2.4 billions (40.25%)

 

 

Total No Of Properties Sold By Property Type

West Sussex - Total No Of Properties Sold By Property Type

The total property sales of £5.94 Billions 2015 was spread over 17,856 properties.

  • Terraced properties was 4,421 (24.76%)
  • Detached 4,860 (27.22%)
  • Semi-Detached 3,938 (22.05%)
  • Flat/Maisonette 4,414 (24.72%)
  • Others 223 (1.25%)

 

 

Average & Median Sales Price

West Sussex - Average & Median Sales Price

 

The average sales price in West Sussex was £332.89 K and for the different property types it was:

  • Detached £492 K
  • Semi-Detached £314 K
  • Terraced £271 K
  • Flat/Maisonette £188 K
  • Other it is £1.28 millions

Similarly median sales price in West Sussex was £276 K and for different property types are:

  • Detached £430 K
  • Semi-Detached £295 K
  • Terraced £255 K
  • Flat/Maisonette £175 K
  • Other it is £500 K

 

Average & Median Sales Price By Districts

West Sussex - Average Sales Price By Districts

Across districts the average price is as above.

  • The maximum was for Chichester at £411 K
  • Horsham £386 K
  • Mid Sussex £379 K
  • Crawley £294 K
  • Adur £291 K
  • Arun £280 K
  • Minimum for Worthing at £272 K

 

West Sussex - Median Sales Price By Districts

Across districts the median price is as above.

  • The maximum was for Horsham at £340 K
  • Mid Sussex at £325 K
  • Chichester £315 K
  • Adur £265 K
  • Crawley £250 K
  • Worthing £245 K
  • Minimum for Arun at £244.5 K

 

 

New Vs Not New Property Statistics

West Sussex - New Vs Not New Property Statistics

By Sales Values the split is as follows:

  • New Property contributed £803 millions (13.52%)
  • Not New Property contributed £5.1 billions (86.48%)

By Total Number the split is as follows:

  • New properties sold were 2,202 (12.33%)
  • Not new property sold were 15,654 (87.67%)

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