Values have been changing and have risen £1,156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,764 in last 6 months, £26,465 in last 1 year, £46,266 in last 2 years, £53,612 in last 3 years, £52,378 in last 4 years and £50,981 in last 5 years.
Currently average asking price of a property in Marine Parade, Worthing, BN11 is around £285,314 based on approximately 8 properties for sale. Same is the case with rental options based on 175 properties up for rent, average asking rent is around £1,152 per month.
Estimated property value in Marine Parade, Worthing, BN11 is £369,270. Average asking price is £285,314 while average price paid is £260,525 which is up by £26,465 and Avg. asking rent £1,152.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 Marine Parade, Worthing, BN11 area. In last 1 year alone average price buyer paid is around £260,525 based on approximately 8 sales in Marine Parade, Worthing, BN11 area alone. If you compare it to last 3 years sales of 54 properties where buyers paid around £427,119. 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 £383,708 for 67 and average amount paid for purchase of approx. 80 properties sold in last 7 years comes to about £344,680 per sale.