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House Prices in BN9

The average house price in BN9 (Newhaven) is £339,321 using HM Land Registry data.

The average property price increased by £74,713 (13.85%) over the last 5 years and increased by £14,970 (2.28%) over the last 12 months.

Over the last year, there were 113 residential property sales – a decrease of 59 transactions (-52.21%) relative to the previous year. The majority of house sales (30) were in the £300,000 - £350,000 range. Then came properties in the £250,000 - £300,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,612 (-2%).

In Oct 24, there were 33 new estate agency instructions, 26 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in BN9 (Newhaven)

13.85%

Property prices in Newhaven increased by 13.85% 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 BN9 (Newhaven) Over the Last Year

2.28%

Property prices in Newhaven increased by 2.28% 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 BN9 (Newhaven) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 BN9 (Newhaven)

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 BN9 (Newhaven)

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 BN9 (Newhaven)

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 BN9 (Newhaven) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BN9 postcode area since 1995.

Recent Sales in BN9 (Newhaven)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
165 Hillcrest Road, Newhaven, East Sussex, BN9 9EZ	£260,000	£255,000	-£5,000	29 Apr 2024	16 Aug 2024	109 Days
67 Park Drive Close, Newhaven, East Sussex, BN9 0RR	£330,000	£318,000	-£12,000	13 Apr 2024	15 Aug 2024	124 Days
Flat 27, Bridge Court, Bridge Street, Newhaven, East Sussex, BN9 9PJ	£129,950	£125,000	-£4,950	23 Apr 2024	02 Aug 2024	101 Days
66 First Avenue, Newhaven, East Sussex, BN9 9HY	£500,000	£485,000	-£15,000	31 Jan 2024	26 Jul 2024	177 Days
32 Park Drive Close, Newhaven, East Sussex, BN9 0RR	£275,000	£270,000	-£5,000	03 Oct 2023	12 Jul 2024	283 Days
49 The Rose Walk, Newhaven, East Sussex, BN9 9NJ	£300,000	£295,000	-£5,000	11 Mar 2024	05 Jul 2024	116 Days
20 Lewes Road, Newhaven, East Sussex, BN9 9RU	£270,000	£258,000	-£12,000	08 Mar 2024	26 Jun 2024	110 Days
6 Brooks Close, Newhaven, East Sussex, BN9 9EB	£319,950	£310,000	-£9,950	30 Mar 2024	31 May 2024	62 Days
28 Lee Way, Newhaven, East Sussex, BN9 9SN	£300,000	£297,000	-£3,000	27 Jan 2024	24 May 2024	118 Days
24 Seaview Road, Newhaven, East Sussex, BN9 0NP	£400,000	£390,000	-£10,000	17 Nov 2023	23 May 2024	188 Days
2a, Rose Walk Close, Newhaven, East Sussex, BN9 9NL	£190,000	£185,000	-£5,000	15 Jan 2024	15 May 2024	121 Days
22 Wellington Road, Newhaven, East Sussex, BN9 0RD	£535,000	£520,000	-£15,000	03 Apr 2024	12 Apr 2024	9 Days
80 First Avenue, Newhaven, East Sussex, BN9 9HY	£389,950	£372,500	-£17,450	19 Sep 2023	12 Apr 2024	206 Days
13 Willow Walk, Newhaven, East Sussex, BN9 9SS	£320,000	£315,000	-£5,000	08 Sep 2023	12 Apr 2024	217 Days
3 Saxon Road, Newhaven, East Sussex, BN9 9LG	£325,000	£315,000	-£10,000	21 Sep 2023	12 Apr 2024	204 Days
78 Elphick Road, Newhaven, East Sussex, BN9 9SY	£230,000	£230,000	£00	26 Jan 2024	12 Apr 2024	77 Days
39 Lawes Avenue, Newhaven, East Sussex, BN9 9SA	£289,950	£280,000	-£9,950	05 Dec 2023	08 Apr 2024	125 Days
1 First Avenue, Newhaven, East Sussex, BN9 9HT	£299,950	£295,000	-£4,950	12 Dec 2023	28 Mar 2024	107 Days
99 The Fairway, Newhaven, East Sussex, BN9 9XX	£420,000	£402,000	-£18,000	03 Oct 2023	27 Mar 2024	176 Days
7 Harbour View Road, Newhaven, East Sussex, BN9 9TT	£269,950	£263,000	-£6,950	20 Jan 2024	27 Mar 2024	67 Days

Most Expensive Streets in BN9 (Newhaven)

Postcode	Street	Area	Average	No. of Sales
BN9 9AH	Lewes Road, Piddinghoe	Newhaven	£782,192	3
BN9 0EE	Seaford Road	Newhaven	£601,666	3
BN9 9AT	Piddinghoe	Newhaven	£551,666	3
BN9 0RF	Vicarage Close	Newhaven	£459,650	3
BN9 9HY	First Avenue	Newhaven	£435,833	3
BN9 0QN	Denton Rise	Newhaven	£429,000	3
BN9 9HB	Court Farm Road	Newhaven	£420,833	6
BN9 0QY	The Grove	Newhaven	£417,000	3
BN9 0PT	Denton Drive	Newhaven	£413,600	5
BN9 9FF	Celandine Way	Newhaven	£392,826	26

Least Expensive Streets in BN9 (Newhaven)

Postcode	Street	Area	Average	No. of Sales
BN9 9BJ	Essex Mews	Newhaven	£87,664	3
BN9 9PJ	Bridge Mews, Bridge Street, Newhaven	Newhaven	£148,000	3
BN9 9LQ	Church Hill Lodge, Church Hill	Newhaven	£158,614	6
BN9 9QJ	South Road	Newhaven	£163,750	8
BN9 9DT	Riverside Court, Butchers Lane	Newhaven	£165,000	4
BN9 9QX	Meeching Road	Newhaven	£175,800	5
BN9 9LT	Marlborough Court, Church Hill	Newhaven	£181,250	4
BN9 9PA	High Street	Newhaven	£181,733	6
BN9 9RX	Lewes Road	Newhaven	£198,900	5
BN9 9RR	Harpers Road	Newhaven	£201,700	5