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House Prices in BN8

The average house price in BN8 (Lewes) is £480,339 using HM Land Registry data.

The average property price increased by £72,987 (37.55%) over the last 5 years and increased by £14,624 (5.26%) over the last 12 months.

Over the last year, there were 138 residential property sales – a decrease of 58 transactions (-42.03%) relative to the previous year. The majority of house sales (36) were in the £400,000 - £520,000 range. Then came properties in the £280,000 - £400,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,679 (-2%).

In Oct 24, there were 48 new estate agency instructions, 37 agreed home sales and 31 property price reductions.

5-Year Average Property Prices in BN8 (Lewes)

37.55%

Property prices in Lewes increased by 37.55% 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 BN8 (Lewes) Over the Last Year

5.26%

Property prices in Lewes increased by 5.26% 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 BN8 (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 BN8 (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 BN8 (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 BN8 (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 BN8 (Lewes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BN8 postcode area since 1995.

Recent Sales in BN8 (Lewes)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 Oakmede Way, Ringmer, Lewes, East Sussex, BN8 5JL	£325,000	£300,000	-£25,000	19 Feb 2024	20 Aug 2024	183 Days
Little Burchetts, Station Road, North Chailey, Lewes, East Sussex, BN8 4HE	£875,000	£810,000	-£65,000	27 Mar 2024	12 Aug 2024	138 Days
Fields House, Vicarage Way, Ringmer, Lewes, East Sussex, BN8 5LA	£925,000	£785,000	-£140,000	04 Aug 2023	09 Aug 2024	371 Days
6 Leveller Road, Newick, Lewes, East Sussex, BN8 4PL	£370,000	£360,000	-£10,000	08 May 2024	02 Aug 2024	86 Days
18 Marbles Road, Newick, Lewes, East Sussex, BN8 4LR	£450,000	£440,000	-£10,000	03 Oct 2023	31 Jul 2024	302 Days
51 Shepherds Way, Ringmer, Lewes, East Sussex, BN8 5QL	£325,000	£315,000	-£10,000	23 Jan 2024	25 Jul 2024	184 Days
20 Newlands Park Way, Newick, Lewes, East Sussex, BN8 4PG	£650,000	£625,000	-£25,000	15 Apr 2024	19 Jul 2024	95 Days
21 Newick Drive, Newick, Lewes, East Sussex, BN8 4NY	£525,000	£510,000	-£15,000	19 Sep 2023	15 Jul 2024	300 Days
Woodlands, Station Road, North Chailey, Lewes, East Sussex, BN8 4HE	£700,000	£660,000	-£40,000	04 Mar 2023	15 Jul 2024	499 Days
25 The Rough, Newick, Lewes, East Sussex, BN8 4NS	£385,000	£385,000	£00	19 Feb 2024	15 Jul 2024	147 Days
Sunnyridge, Coldharbour Lane, North Chailey, Lewes, East Sussex, BN8 4HJ	£575,000	£560,000	-£15,000	05 Jan 2024	28 Jun 2024	175 Days
18 Chandlers Mead, Cooksbridge, Lewes, East Sussex, BN8 4SZ	£475,000	£475,000	£00	05 Apr 2024	25 Jun 2024	81 Days
April Cottage, Coldharbour Lane, North Chailey, Lewes, East Sussex, BN8 4HJ	£675,000	£669,000	-£6,000	28 Dec 2023	19 Jun 2024	174 Days
67 Harvard Road, Ringmer, Lewes, East Sussex, BN8 5JF	£465,000	£440,000	-£25,000	26 Dec 2023	07 Jun 2024	164 Days
White Cottage, Haywards Heath Road, North Chailey, Lewes, East Sussex, BN8 4DT	£1,500,000	£1,500,000	£00	02 Oct 2023	31 May 2024	242 Days
2 Swan Cottages, South Chailey, Lewes, East Sussex, BN8 4AR	£600,000	£575,000	-£25,000	11 Jan 2024	24 May 2024	134 Days
4 Oakmede Way, Ringmer, Lewes, East Sussex, BN8 5JL	£400,000	£400,000	£00	17 Oct 2023	15 May 2024	211 Days
Toad Hall, Green Lane, South Chailey, Lewes, East Sussex, BN8 4BT	£600,000	£580,000	-£20,000	18 Oct 2023	13 May 2024	208 Days
5 Shepherds Way, South Chailey, Lewes, East Sussex, BN8 4QQ	£310,000	£301,000	-£9,000	16 Sep 2023	29 Apr 2024	226 Days
2 Elm Close, Laughton, Lewes, East Sussex, BN8 6BW	£360,000	£355,000	-£5,000	17 Jul 2023	26 Apr 2024	284 Days

Most Expensive Streets in BN8 (Lewes)

Postcode	Street	Area	Average	No. of Sales
BN8 4HP	Cinder Hill, North Chailey	Lewes	£1,826,666	3
BN8 4FG	Upper Station Gardens, Newick	Lewes	£1,409,375	8
BN8 6HE	Chiddingly	Lewes	£1,356,666	3
BN8 4DT	Haywards Heath Road, North Chailey	Lewes	£1,324,166	3
BN8 4HT	Lower Station Road, Newick	Lewes	£1,053,333	3
BN8 5LD	Bishops Lane, Ringmer	Lewes	£1,036,666	3
BN8 4LE	Western Road, Newick	Lewes	£956,666	3
BN8 6PR	Knowle Lane, Halland	Lewes	£930,375	8
BN8 6PJ	Shortgate	Lewes	£868,333	3
BN8 6HR	Willetts Cottages, Chiddingly	Lewes	£867,366	3

Least Expensive Streets in BN8 (Lewes)

Postcode	Street	Area	Average	No. of Sales
BN8 5LF	Vicarage Close, Ringmer	Lewes	£164,428	7
BN8 5EW	Delves House, Delves Close	Lewes	£188,304	23
BN8 5RG	The Maples, Ringmer	Lewes	£235,833	3
BN8 4QE	Oakdene, Pouchlands Drive	Lewes	£243,833	6
BN8 4AE	Whitegates Close, South Chailey	Lewes	£243,965	10
BN8 4BX	Setfords Field, South Chailey	Lewes	£251,400	5
BN8 6DL	Carpenters Croft, East Hoathly	Lewes	£307,666	3
BN8 4QQ	Shepherds Way, South Chailey	Lewes	£314,500	14
BN8 4AA	Kings Meadow, North Chailey	Lewes	£320,000	8
BN8 5HY	Mill Road, Ringmer	Lewes	£329,166	3