Market outlook for BN12
Key indicators for buyers
The BN12 market is moderately favourable for buyers. Prices have softened (-21.0%), which could present a buying opportunity. Affordability has improved from a peak of 11.7x in 2018 to 9.6x today. Rising rents (£1,309/mo, +2.7%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Worthing area
A home in Worthing costs 9.6x the local median salary — stretched, improving from a peak of 11.7x in 2018.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Worthing area
Average monthly rent in Worthing is £1,309, up 2.7% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Worthing price of £367,000 with a 25% deposit (£92k), a 2-year fixed mortgage at 3.97% costs around £1,448 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses BN12 avg. price with Worthing rental data
Monthly mortgage payments (£1,448) are £139 more than renting (£1,309). However, buying requires an upfront deposit of £92k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
31, SOUTHSEA AVENUE, GORING BY SEA BN12 4BN | Detached | £578,000 | 16 Jan 2026 |
20, BLUEBELL WAY, GORING BY SEA BN12 5BW | Terraced | £430,000 | 15 Jan 2026 |
15, ROWAN HOUSE, THE STRAND, GORING BY SEA BN12 6NR | Flat/Maisonette | £135,000 | 12 Jan 2026 |
1, WINDERMERE CRESCENT, GORING BY SEA BN12 6JY | Detached | £525,000 | 12 Jan 2026 |
8, GREEN PARK, FERRING BN12 6QX | Detached | £435,000 | 8 Jan 2026 |
28, ONSLOW DRIVE, FERRING BN12 5RS | Detached | £367,500 | 8 Jan 2026 |
FLAT 9, OAKLAND COURT, GORING STREET, GORING BY SEA |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.