BN11 5RD is a residential postcode situated on Wallace Avenue, Worthing, BN11 with 18 addresses.
It ranks as the 505th largest and 165th most expensive of the 906 postcodes in the BN11 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 flats.
BN11 5RD is a residential postcode situated on Wallace Avenue, Worthing, BN11 with 18 addresses.
It ranks as the 505th largest and 165th most expensive of the 906 postcodes in the BN11 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 18 properties: 18 flats.
Sale prices range from £174,940 for 2 bedroom leasehold flats (628 ft2) to £197,306 for 2 bedroom leasehold flats (764 ft2) .
Monthly rental prices range from £1,083 pcm for 2 bed flats to £1,159 pcm for 2 bed flats.
The gross rental yield is between 7.0% and 7.4%.
The average value per square foot is £264.
The last sale in BN11 5RD sold for £168,000 on 21st November 2024. Since then prices are down an average of 0.7%.
The current average value in the postcode is £190,733.
The BN11 5RD Sales Market has increased by 15.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £190,733 |
| April 2025 | -1.8% | £189,796 |
| April 2024 | -1.4% | £193,290 |
| April 2023 | 0.4% | £196,099 |
| April 2022 | 10.5% | £195,255 |
| April 2021 | 3.6% | £176,655 |
| April 2020 | 1.5% | £170,578 |
| April 2019 | 0.4% | £168,121 |
| April 2018 | 0% | £167,423 |
| April 2017 | 1.4% | £167,458 |
| April 2016 | 9.6% | £165,181 |
| April 2015 | 8.3% | £150,753 |
| April 2014 | 11.8% | £139,202 |
| April 2013 | 2.3% | £124,521 |
| April 2012 | 0.2% | £121,751 |
| April 2011 | -1.3% | £121,499 |
| April 2010 | 8.6% | £123,084 |
| April 2009 | -16.9% | £113,325 |
| April 2008 | 3.2% | £136,443 |
| April 2007 | 0% | £132,179 |
The current average rental value in the postcode is £1,139.
The BN11 5RD Rental Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,139pcm |
| April 2025 | 2.9% | £1,108pcm |
| April 2024 | 7.2% | £1,076pcm |
| April 2023 | 9.2% | £1,004pcm |
| April 2022 | 7.9% | £919pcm |
| April 2021 | 3.8% | £852pcm |
| April 2020 | 1.3% | £820pcm |
| April 2019 | 1.1% | £810pcm |
| April 2018 | -0.8% | £801pcm |
| April 2017 | -2.2% | £807pcm |
| April 2016 | 4.2% | £825pcm |
| April 2015 | 8.2% | £791pcm |
| April 2014 | 3.6% | £732pcm |
| April 2013 | 3.1% | £706pcm |
| April 2012 | 1.7% | £685pcm |
| April 2011 | 4.5% | £674pcm |
| April 2010 | 2% | £645pcm |
| April 2009 | -6.5% | £632pcm |
| April 2008 | 3.2% | £676pcm |
| April 2007 | 0% | £655pcm |
The last sale was on 21st November 2024 for £168,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 25 sales since 1995.
BN11 5RD has seen 1 sale in the last three years and no sales in the last twelve months.
BN11 5RD is the 505th largest and the 165th most expensive postcode out of the 906 postcodes in the BN11 area.
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The closest station to BN11 5RD is West Worthing station which is 1.1 kilometres away.
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