House Prices in BN9 House Prices in BN9 (Newhaven)

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.

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).

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
165 Hillcrest Road, Newhaven, East Sussex, BN9 9EZ£260,000£255,000-£5,00029 Apr 202416 Aug 2024109 Days
67 Park Drive Close, Newhaven, East Sussex, BN9 0RR£330,000£318,000-£12,00013 Apr 202415 Aug 2024124 Days
Flat 27, Bridge Court, Bridge Street, Newhaven, East Sussex, BN9 9PJ£129,950£125,000-£4,95023 Apr 202402 Aug 2024101 Days
66 First Avenue, Newhaven, East Sussex, BN9 9HY£500,000£485,000-£15,00031 Jan 202426 Jul 2024177 Days
32 Park Drive Close, Newhaven, East Sussex, BN9 0RR£275,000£270,000-£5,00003 Oct 202312 Jul 2024283 Days
49 The Rose Walk, Newhaven, East Sussex, BN9 9NJ£300,000£295,000-£5,00011 Mar 202405 Jul 2024116 Days
20 Lewes Road, Newhaven, East Sussex, BN9 9RU£270,000£258,000-£12,00008 Mar 202426 Jun 2024110 Days
6 Brooks Close, Newhaven, East Sussex, BN9 9EB£319,950£310,000-£9,95030 Mar 202431 May 202462 Days
28 Lee Way, Newhaven, East Sussex, BN9 9SN£300,000£297,000-£3,00027 Jan 202424 May 2024118 Days
24 Seaview Road, Newhaven, East Sussex, BN9 0NP£400,000£390,000-£10,00017 Nov 202323 May 2024188 Days
2a, Rose Walk Close, Newhaven, East Sussex, BN9 9NL£190,000£185,000-£5,00015 Jan 202415 May 2024121 Days
22 Wellington Road, Newhaven, East Sussex, BN9 0RD£535,000£520,000-£15,00003 Apr 202412 Apr 20249 Days
80 First Avenue, Newhaven, East Sussex, BN9 9HY£389,950£372,500-£17,45019 Sep 202312 Apr 2024206 Days
13 Willow Walk, Newhaven, East Sussex, BN9 9SS£320,000£315,000-£5,00008 Sep 202312 Apr 2024217 Days
3 Saxon Road, Newhaven, East Sussex, BN9 9LG£325,000£315,000-£10,00021 Sep 202312 Apr 2024204 Days
78 Elphick Road, Newhaven, East Sussex, BN9 9SY£230,000£230,000£0026 Jan 202412 Apr 202477 Days
39 Lawes Avenue, Newhaven, East Sussex, BN9 9SA£289,950£280,000-£9,95005 Dec 202308 Apr 2024125 Days
1 First Avenue, Newhaven, East Sussex, BN9 9HT£299,950£295,000-£4,95012 Dec 202328 Mar 2024107 Days
99 The Fairway, Newhaven, East Sussex, BN9 9XX£420,000£402,000-£18,00003 Oct 202327 Mar 2024176 Days
7 Harbour View Road, Newhaven, East Sussex, BN9 9TT£269,950£263,000-£6,95020 Jan 202427 Mar 202467 Days

Most Expensive Streets in BN9 (Newhaven)

PostcodeStreetAreaAverageNo. of Sales
BN9 9AHLewes Road, PiddinghoeNewhaven£782,1923
BN9 0EESeaford RoadNewhaven£601,6663
BN9 9ATPiddinghoeNewhaven£551,6663
BN9 0RFVicarage CloseNewhaven£459,6503
BN9 9HYFirst AvenueNewhaven£435,8333
BN9 0QNDenton RiseNewhaven£429,0003
BN9 9HBCourt Farm RoadNewhaven£420,8336
BN9 0QYThe GroveNewhaven£417,0003
BN9 0PTDenton DriveNewhaven£413,6005
BN9 9FFCelandine WayNewhaven£392,82626

Least Expensive Streets in BN9 (Newhaven)

PostcodeStreetAreaAverageNo. of Sales
BN9 9BJEssex MewsNewhaven£87,6643
BN9 9PJBridge Mews, Bridge Street, NewhavenNewhaven£148,0003
BN9 9LQChurch Hill Lodge, Church HillNewhaven£158,6146
BN9 9QJSouth RoadNewhaven£163,7508
BN9 9DTRiverside Court, Butchers LaneNewhaven£165,0004
BN9 9QXMeeching RoadNewhaven£175,8005
BN9 9LTMarlborough Court, Church HillNewhaven£181,2504
BN9 9PAHigh StreetNewhaven£181,7336
BN9 9RXLewes RoadNewhaven£198,9005
BN9 9RRHarpers RoadNewhaven£201,7005

Explore BN9 (Newhaven) using map