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House Prices in TN20

The average house price in TN20 (Mayfield) is £352,500 using HM Land Registry data.

The average property price increased by £176,833 (24.4%) over the last 5 years and increased by £35,431 (3.72%) over the last 12 months.

Over the last year, there were 34 residential property sales – a decrease of 5 transactions (-14.71%) relative to the previous year. The majority of house sales (12) were in the £300,000 - £486,000 range. Then came properties in the £486,000 - £672,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £0 (0%).

In Oct 24, there were 9 new estate agency instructions, 5 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in TN20 (Mayfield)

24.4%

Property prices in Mayfield increased by 24.4% 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 TN20 (Mayfield) Over the Last Year

3.72%

Property prices in Mayfield increased by 3.72% 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 TN20 (Mayfield) - 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 TN20 (Mayfield)

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 TN20 (Mayfield)

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 TN20 (Mayfield)

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 TN20 (Mayfield) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TN20 postcode area since 1995.

Recent Sales in TN20 (Mayfield)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Maytrees, East Street, Mayfield, East Sussex, TN20 6RJ	£750,000	£710,000	-£40,000	25 Nov 2023	01 Aug 2024	250 Days
38 Southmead Close, Mayfield, East Sussex, TN20 6UJ	£325,000	£320,000	-£5,000	29 Feb 2024	26 Jul 2024	148 Days
Flat 3, Cannington, Newick Lane, Mayfield, East Sussex, TN20 6RA	£215,000	£202,000	-£13,000	06 Feb 2024	26 Jun 2024	141 Days
Sunnybank Cottage, Fletching Street, Mayfield, East Sussex, TN20 6TH	£875,000	£850,000	-£25,000	16 Jan 2024	17 May 2024	122 Days
3 Dunstans Croft, Mayfield, East Sussex, TN20 6UH	£350,000	£310,000	-£40,000	22 Sep 2023	02 Feb 2024	133 Days
Martin Lodge, Newick Lane, Mayfield, East Sussex, TN20 6RB	£1,200,000	£1,075,000	-£125,000	02 Jun 2023	25 Jan 2024	237 Days
48 Queensmount, Five Ashes, Mayfield, East Sussex, TN20 6LH	£165,000	£163,000	-£2,000	21 Aug 2023	25 Jan 2024	157 Days
Shirley Cottage, High Street, Mayfield, East Sussex, TN20 6AB	£850,000	£840,000	-£10,000	24 Aug 2023	20 Dec 2023	118 Days
The Oast House, Old Palace Farm, Little Trodgers Lane, Mayfield, East Sussex, TN20 6PN	£1,450,000	£1,375,000	-£75,000	09 May 2023	20 Dec 2023	225 Days
Woodnorton, Stone Cross, Mayfield, East Sussex, TN20 6EJ	£1,250,000	£1,225,000	-£25,000	06 Sep 2023	12 Dec 2023	97 Days
Rowan House, Little Trodgers Lane, Mayfield, East Sussex, TN20 6PN	£1,500,000	£1,385,000	-£115,000	16 Aug 2023	23 Oct 2023	68 Days
Cornfield Cottage, Fletching Street, Mayfield, East Sussex, TN20 6TD	£675,000	£670,000	-£5,000	17 Apr 2023	22 Sep 2023	158 Days
31 Queensmount, Five Ashes, Mayfield, East Sussex, TN20 6LH	£345,000	£330,000	-£15,000	13 Jul 2023	04 Sep 2023	53 Days
2 Ferndale Cottages, Five Ashes, Mayfield, East Sussex, TN20 6HY	£365,000	£350,000	-£15,000	23 May 2023	01 Aug 2023	70 Days
3 Kings Marsh Cottages, Five Ashes, Mayfield, East Sussex, TN20 6JE	£500,000	£500,000	£00	08 Jan 2023	21 Apr 2023	103 Days
Fair Oak Cottage, Witherenden Road, Mayfield, East Sussex, TN20 6RS	£1,250,000	£1,250,000	£00	03 Aug 2022	20 Apr 2023	260 Days
Mary Cottage, Vale Road, Mayfield, East Sussex, TN20 6BB	£650,000	£610,000	-£40,000	26 Jul 2022	23 Feb 2023	212 Days
St Catherines, Roselands Avenue, Mayfield, East Sussex, TN20 6EB	£750,000	£750,000	£00	08 Sep 2022	05 Dec 2022	88 Days
Yew Tree Villa, East Street, Mayfield, East Sussex, TN20 6TU	£600,000	£598,500	-£1,500	25 May 2022	11 Nov 2022	170 Days
Riduna, Roselands Avenue, Mayfield, East Sussex, TN20 6EB	£475,000	£460,000	-£15,000	23 Mar 2022	02 Sep 2022	163 Days

Most Expensive Streets in TN20 (Mayfield)

Postcode	Street	Area	Average	No. of Sales
TN20 6ET	Rotherfield Lane	Mayfield	£1,258,750	4
TN20 6PN	Little Trodgers Lane	Mayfield	£1,181,493	3
TN20 6AU	Old Lane	Mayfield	£1,160,000	3
TN20 6BW	Station Road	Mayfield	£1,034,250	4
TN20 6DS	West Street	Mayfield	£989,000	5
TN20 6EJ	Stone Cross	Mayfield	£979,098	6
TN20 6UB	The Warren	Mayfield	£926,850	10
TN20 6TH	Fletching Street	Mayfield	£888,333	3
TN20 6UL	Coggins Mill Lane	Mayfield	£885,666	3
TN20 6LD	Spring Lane, Five Ashes	Mayfield	£864,333	3

Least Expensive Streets in TN20 (Mayfield)

Postcode	Street	Area	Average	No. of Sales
TN20 6AQ	London House, High Street, Mayfield	Mayfield	£198,666	3
TN20 6BY	South Street	Mayfield	£249,000	4
TN20 6LH	Queensmount, Five Ashes	Mayfield	£259,600	5
TN20 6UJ	Southmead Close	Mayfield	£310,000	4
TN20 6UH	Dunstans Croft	Mayfield	£338,000	4
TN20 6ES	Victoria Road	Mayfield	£361,714	7
TN20 6DR	West Street	Mayfield	£396,375	4
TN20 6HY	Five Ashes	Mayfield	£416,562	8
TN20 6EN	Love Lane	Mayfield	£421,400	7
TN20 6JE	Five Ashes	Mayfield	£427,800	5