BN44 (Steyning) area guide

BN44
Steyning
The BN44 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ashurst, Bramber, Bramber, Upper Beeding and Woodmancote, Chanctonbury, Henfield, Steyning, Upper Beeding, West Sussex, Wiston.
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Notes:

A Mouseprice property guide for BN44 Steyning is coming soon. In the meantime, please have a look at the raw data and statistics about BN44 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Brighton propertyThe size of the property market in BN44 is 4347 homes.

Brighton propertyGiven that the nominal growth rate in this postcode district (BN44) has been about 11.7% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Brighton propertyOver the last 3 months, the average property value for this postcode district has been £266946.

Brighton propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 9.9. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.

Brighton propertyNew transactions as a percentage of overall sales are 4.3%.

Housing stock:

Steyning propertyIf you are specifically looking to buy Detached Houses, this would be an excellent area for you to explore, with 37.3% of properties being this type.

Steyning propertyThe least common type of property in this area is Flats (11.5% of the total housing stock).

Steyning propertyThis is an area with a high proportion of property suitable for families with children.

Steyning propertyThere is a high proportion of temporary housing in this area at 2.4%.

Steyning propertySocially rented accommodation represents 8.4% of the total rented accommodation in the area.

Steyning propertyThe majority of property in this area is owner occupied.

Steyning propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £213718.

Who lives here:

Steyning propertyTotal population in this area is 9948.
Steyning propertyThis is one of the most “experienced” areas of the country, with an average age of 44.
Steyning propertyThis area has a high percentage of married people at 21.7%.
Steyning propertyAverage working hours in this area for men are 43 and for women are 30.
Steyning propertyThis area has 2 people per square kilometre.
Steyning propertyJob prospects in this area are good with low unemployment (1.6%). Most jobs are found in the Wholesale & Retail and Construction sectors.