Arundel

Area Guide For Arundel

Arundel is a market town and civil parish in the South Downs of West Sussex in the south of England. It lies 49 miles (79 km) south southwest of London, 18 miles (29 km) west of Brighton, and 10 miles (16 km) east of the county town of Chichester. Other nearby towns include Worthing east southeast, Littlehampton to the south and Bognor Regis to the southwest. The River Arun runs through the eastern side of the town. The town is famous for its historic castle and cathedral. Arundel was one of the boroughs reformed by the Municipal Reform Act 1835. In 1974 it became part of the Arun district, and now is a civil parish with a town council. There are several theories about the meaning of the name 'Arundel'. One is that the upper reaches of the Arun, away from the sea, was once known as the Arnus, from the Brythonic word Arno, meaning run or go. So Arundel would mean Arno-dell or the dell of the flowing river. Another theory is that due to the preponderance of hoarhound on the slopes of the Arun near the town, Arundel would mean hoarhound-dell. A third explanation is that the town takes its name from the French word for swallow, hirondelle, a bird which

 
 

Arundel Map

Estimated Price: £400,916
Average Asking Price: £530,424
Price change in last one year: £37,671
Average Price Paid: £327,335
Average Rent Rates: £1,079

 
 

Property Prices Breakdown in Arundel

Average Price for property in Arundel is around £400,916 which varies based on type of property you are interested in and ranges from £574,642 for detached house to around £330,436 for semi-detached. Similarly terraced house is around £316,466 and a flat is worth £264,066. Values have been changing and have risen £441 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,523 in last 6 months, £37,671 in last 1 year, £47,619 in last 2 years, £77,992 in last 3 years, £66,746 in last 4 years and £82,397 in last 5 years.

Currently average asking price of a property in Arundel is around £530,424 based on approximately 202 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £1,079 per month.

Estimated property value in Arundel is £400,916. Average asking price is £530,424 while average price paid is £356,158 which is up by £37,671 and Avg. asking rent £1,079.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Arundel area. In last 1 year alone average price buyer paid is around £356,158 based on approximately 202 sales in Arundel area alone. If you compare it to last 3 years sales of 574 properties where buyers paid around £342,105. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £327,335 for 981 and average amount paid for purchase of approx. 1,299 properties sold in last 7 years comes to about £318,579 per sale.

 
 

Properties For Sale in Arundel

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £140,000, £284,231 for a 2 bedroom house, £468,909 for a 3 bedroom house, £504,618 for a 4 bedroom house and £1,139,583 for a 5 bedroom house. For a flat similarly the prices varies from £236,000 for a single bedroom to £294,988 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £385,000. To sum up the asking prices for properties in Arundel it comes to around average £208,571 for 1 bedroom property, £288,143 for 2 bedroom, £464,606 for 3 bedroom, £504,618 for 4 bedroom and £1,139,583 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £810 for 1 bedroom to £951 for 2 bedrooms, £1,271 for 3 bedrooms, £1,439 for 4 bedrooms and £2,225 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £566. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £831 and £1,089 for 3 bedroom. You should be generally be expecting around average £664 rent per month for single bedroom property, £906 for 2 bedroom, £1,215 for 3 bedroom, £1,438 for 4 bedroom and approximately £2,225 for a 5 bedroom property in Arundel area.

Popular Houses in Arundel

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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