Property trends for GU28

    GU28 covers parts of West Sussex, including areas around Petworth and the surrounding villages in the South Downs region. It is a rural, affluent area with strong appeal to retirees and those seeking countryside living.

    At a Glance

    Average Property Price - GU28

    £594,650

    90

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - GU

    £1,485

    79

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - GU28

    £44,477

    74

    National percentile

    2023 census data

    Flat / Maisonette Yield - GU

    5.7%

    37

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - GU28

    1.9%

    17

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - GU

    3.0%

    5

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — GU28

    Top 5 streets in GU28 ranked by 3-year average sale price.

    #Street3Y Avg
    1Dial Green£2,480,000
    2Grove Lane£2,000,000
    3Leggatt Hill£1,537,500
    4Blackhouse Lane£1,300,000
    5Hill Grove£1,283,500

    Latest Rent — GU28

    Property Price & Volume Trends

    Property in GU28 is among the most expensive nationally, with an average price of £736,000. Price growth over the past decade has been close to the national average at 3.6% annually, suggesting steady but unspectacular capital appreciation. Transaction activity has slowed markedly, with only 49 sales in the latest year compared to a 10-year average of 80 per year, reflecting a thinning of the market.

    Rent & Yield Trends

    Average monthly rents of £1,464 sit well above the national norm. Rental growth has been sluggish relative to the rest of the UK, with just 3.1% annualised growth over the decade. The flat yield of 5.4% is notably higher than the 10-year average of 4.5%, suggesting improved rental returns despite weak overall rent growth.

    Income & Affordability Trends

    Average household income of £44,477 is well above the national average. The price-to-income ratio of 16.6x has widened considerably since 2016 (14.0x), indicating that purchasing power has deteriorated even as incomes have risen. Rental affordability has also slipped slightly, with the rent-to-income ratio rising from 29.7% to 30.5%, though it remains manageable.

    Resident Demographic Profile

    The population skews significantly older, with nearly 30% aged 65 and over—well above the national average of 20%—and only 7.7% aged 16–24. Housing tenure is dominated by outright ownership at 41%, far exceeding the national norm of 34%. The workforce is weighted towards managers (20.4%) and tradespeople (15.4%), substantially above their national averages, while young professionals and elementary workers are notably underrepresented.

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