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House Prices in BN7

The average house price in BN7 (Lewes) is £519,000 using HM Land Registry data.

The average property price increased by £116,232 (18.88%) over the last 5 years and increased by £23,289 (2.99%) over the last 12 months.

Over the last year, there were 197 residential property sales – a decrease of 114 transactions (-57.87%) relative to the previous year. The majority of house sales (46) were in the £390,000 - £540,000 range. Then came properties in the £240,000 - £390,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 91 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-32,106 (-4%).

In Oct 24, there were 57 new estate agency instructions, 40 agreed home sales and 36 property price reductions.

5-Year Average Property Prices in BN7 (Lewes)

18.88%

Property prices in Lewes increased by 18.88% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in BN7 (Lewes) Over the Last Year

2.99%

Property prices in Lewes increased by 2.99% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for BN7 (Lewes) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in BN7 (Lewes)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in BN7 (Lewes)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in BN7 (Lewes)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the BN7 (Lewes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BN7 postcode area since 1995.

Recent Sales in BN7 (Lewes)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 15, St Thomas' Court, Cliffe High Street, Lewes, East Sussex, BN7 2AW	£99,950	£97,000	-£2,950	15 Feb 2024	07 May 2024	82 Days
18 Lee Road, Lewes, East Sussex, BN7 2SF	£349,950	£341,200	-£8,750	22 Dec 2023	03 May 2024	133 Days
Holdings Barn, The Street, Kingston, Lewes, East Sussex, BN7 3NT	£1,000,000	£1,000,000	£00	10 Nov 2023	30 Apr 2024	172 Days
3 Harveys Way, Lewes, East Sussex, BN7 2JW	£500,000	£500,000	£00	20 Oct 2023	12 Apr 2024	175 Days
11 Chapel Road, Plumpton Green, Lewes, East Sussex, BN7 3DD	£495,000	£485,000	-£10,000	12 Jan 2024	27 Mar 2024	75 Days
2 Toronto Terrace, Lewes, East Sussex, BN7 2DU	£650,000	£650,000	£00	17 Jan 2023	08 Mar 2024	416 Days
3 Court Road, Lewes, East Sussex, BN7 2SA	£325,000	£317,000	-£8,000	17 Jul 2023	07 Mar 2024	234 Days
Flat 26, Caburn Court, Station Street, Lewes, East Sussex, BN7 2DA	£130,000	£130,000	£00	20 Oct 2023	06 Mar 2024	138 Days
2 Delaware Road, Lewes, East Sussex, BN7 1LD	£675,000	£665,000	-£10,000	22 Mar 2023	29 Feb 2024	344 Days
Flat 24, Caburn Court, Station Street, Lewes, East Sussex, BN7 2DA	£200,000	£188,000	-£12,000	27 Mar 2023	28 Feb 2024	338 Days
7 Barn Road, Lewes, East Sussex, BN7 2JH	£435,000	£425,000	-£10,000	04 Oct 2023	28 Feb 2024	147 Days
96 Western Road, Lewes, East Sussex, BN7 1RP	£425,000	£410,000	-£15,000	04 Sep 2023	12 Feb 2024	161 Days
53 De Montfort Road, Lewes, East Sussex, BN7 1SS	£400,000	£386,000	-£14,000	17 Jul 2023	12 Feb 2024	210 Days
50 Highdown Road, Lewes, East Sussex, BN7 1QF	£585,000	£570,000	-£15,000	30 Jun 2023	08 Feb 2024	223 Days
28 Hawkenbury Way, Lewes, East Sussex, BN7 1LT	£800,000	£727,500	-£72,500	27 Jan 2023	05 Feb 2024	374 Days
Falcon Lodge, The Street, Rodmell, Lewes, East Sussex, BN7 3HF	£650,000	£635,000	-£15,000	29 Sep 2023	31 Jan 2024	124 Days
Flat 4, Orchard Valley Court, Orchard Road, Lewes, East Sussex, BN7 2HA	£200,000	£196,000	-£4,000	09 Aug 2023	26 Jan 2024	170 Days
7 Southover High Street, Lewes, East Sussex, BN7 1HS	£1,150,000	£1,075,000	-£75,000	26 Jun 2023	15 Jan 2024	203 Days
33 St John Street, Lewes, East Sussex, BN7 2QD	£475,000	£450,000	-£25,000	10 Aug 2023	08 Jan 2024	151 Days
32 Fitzroy Road, Lewes, East Sussex, BN7 2UD	£385,000	£385,000	£00	09 Aug 2023	20 Dec 2023	133 Days

Most Expensive Streets in BN7 (Lewes)

Postcode	Street	Area	Average	No. of Sales
BN7 1TN	Rotten Row	Lewes	£2,073,333	3
BN7 2BE	Cuilfail	Lewes	£1,566,666	3
BN7 3AD	Plumpton Lane, Plumpton	Lewes	£1,469,000	3
BN7 3HW	South Farm Close, Rodmell	Lewes	£1,362,333	3
BN7 1TU	Grange Road	Lewes	£1,333,333	3
BN7 1XY	High Street	Lewes	£1,269,000	4
BN7 3HE	Rodmell	Lewes	£1,203,350	3
BN7 2ND	Albion Street	Lewes	£1,199,998	4
BN7 1PT	Gundreda Road	Lewes	£1,179,000	5
BN7 1QT	The Avenue	Lewes	£1,131,400	5

Least Expensive Streets in BN7 (Lewes)

Postcode	Street	Area	Average	No. of Sales
BN7 2AW	St Thomas' Court, Cliffe High Street, Lewes	Lewes	£153,825	20
BN7 2NW	Castle Court, Spences Lane	Lewes	£178,400	5
BN7 1DD	Eleanor Close	Lewes	£194,500	4
BN7 2FN	The Nurseries	Lewes	£215,895	10
BN7 2HE	Spences Lane	Lewes	£231,000	5
BN7 2PH	North Street	Lewes	£238,000	3
BN7 1BB	Rowans Court	Lewes	£253,250	6
BN7 1HD	Warren Drive	Lewes	£256,500	15
BN7 2LU	High Street	Lewes	£261,250	10
BN7 2DA	Caburn Court, Station Street, Lewes	Lewes	£262,426	21