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Brighton and Hove House Prices Brighton and Hove House Prices

The average house price in Brighton and Hove is £537,785 using HM Land Registry data.

The average property price increased by £127,762 (31.06%) over the last 5 years and increased by £25,541 (4.97%) over the last 12 months.

Over the last year, there were 2,906 residential property sales – a decrease of 1,339 transactions (-46.08%) relative to the previous year. The majority of house sales (775) were in the £240,000 - £364,000 range. Then came properties in the £364,000 - £488,000 range, where 706 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 £-18,188 (-2%).

In Oct 24, there were 802 new estate agency instructions, 619 agreed home sales and 596 property price reductions.

Neighbouring Areas: Southwick

Postcodes Covered: BN1, BN2, BN3, BN41

5-Year Average Property Prices in Brighton and Hove

31.06%

Property prices in Brighton and Hove increased by 31.06% 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 Brighton and Hove Over the Last Year

4.97%

Property prices in Brighton and Hove increased by 4.97% 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 Brighton and Hove - 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 Brighton and Hove

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 Brighton and Hove

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 Brighton and Hove

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 Brighton and Hove since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Brighton and Hove area since 1995.

Recent Property Sales in Brighton and Hove

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
168 Ladysmith Road, Brighton, Brighton And Hove, BN2 4EF£400,000£390,000-£10,00030 Oct 202327 Aug 2024302 Days
10 Beaufort Terrace, Brighton, Brighton And Hove, BN2 9SU£650,000£625,000-£25,00001 Mar 202423 Aug 2024175 Days
9a, Millers Road, Brighton, Brighton And Hove, BN1 5NP£275,000£267,500-£7,50022 Feb 202419 Aug 2024179 Days
20 Westbourne Place, Hove, Brighton And Hove, BN3 4GN£900,000£897,000-£3,00019 Mar 202416 Aug 2024150 Days
45 Chalkland Rise, Brighton, Brighton And Hove, BN2 6RJ£520,000£500,000-£20,00004 Jan 202416 Aug 2024225 Days
Flat 21, Belle Vue Court, Belle Vue Gardens, Brighton, Brighton And Hove, BN2 0AN£350,000£350,000£0017 Jan 202416 Aug 2024212 Days
31 Hanover Terrace, Brighton, Brighton And Hove, BN2 9SN£450,000£440,000-£10,00010 May 202416 Aug 202498 Days
26 Hornby Road, Brighton, Brighton And Hove, BN2 4JL£375,000£370,000-£5,00002 Apr 202416 Aug 2024136 Days
Flat 13, Lainson House, Dyke Road, Brighton, Brighton And Hove, BN1 3JS£350,000£301,500-£48,50024 Jul 201816 Aug 20242215 Days
59 Lyminster Avenue, Brighton, Brighton And Hove, BN1 8JL£475,000£470,000-£5,00009 Jul 202416 Aug 202438 Days
50 Erroll Road, Hove, Brighton And Hove, BN3 4QG£550,000£545,000-£5,00029 Feb 202415 Aug 2024168 Days
5 Southdown Place, Brighton, Brighton And Hove, BN1 6FP£925,000£915,000-£10,00019 Apr 202413 Aug 2024116 Days
33 Southdown Avenue, Brighton, Brighton And Hove, BN1 6EH£1,195,000£1,195,000£0022 Apr 202413 Aug 2024113 Days
71 Falmer Road, Rottingdean, Brighton, Brighton And Hove, BN2 7FJ£650,000£645,000-£5,00022 Feb 202412 Aug 2024172 Days
46 Hamilton Road, Brighton, Brighton And Hove, BN1 5DN£750,000£713,696-£36,30413 Mar 202412 Aug 2024152 Days
5 Queens Place, Brighton, Brighton And Hove, BN1 4JY£300,000£298,000-£2,00021 Feb 202409 Aug 2024170 Days
85 Hollingbury Park Avenue, Brighton, Brighton And Hove, BN1 7JQ£775,000£770,000-£5,00026 Jan 202408 Aug 2024195 Days
82 Graham Crescent, Portslade, Brighton, Brighton And Hove, BN41 2YB£325,000£320,000-£5,00025 Jan 202407 Aug 2024195 Days
101 Osborne Road, Brighton, Brighton And Hove, BN1 6LW£625,000£590,000-£35,00028 Feb 202407 Aug 2024161 Days
55 Ryde Road, Brighton, Brighton And Hove, BN2 3EG£650,000£650,000£0025 Mar 202405 Aug 2024133 Days

Most Expensive Streets in Brighton and Hove

PostcodeStreetAreaAverageNo. of Sales
BN3 6DADyke Road AvenueHove£2,175,0003
BN3 6TNTongdean AvenueHove£2,011,8754
BN3 4GEPrinces SquareHove£2,008,3333
BN1 5BLWithdean RoadBrighton£1,889,1666
BN2 5RJRoedean WayBrighton£1,870,0004
BN2 5RGRoedean CrescentBrighton£1,844,2857
BN3 6QHHill BrowHove£1,824,0005
BN3 6QFHill BrowHove£1,812,5004
BN3 6QBTongdean RoadHove£1,795,0005
BN3 6QETongdean RoadHove£1,737,0005

Least Expensive Streets in Brighton and Hove

PostcodeStreetAreaAverageNo. of Sales
BN2 5UQEastern ConcourseBrighton Marina Village£74,4166
BN2 8GEBaltic ViewWithyham Avenue£102,6005
BN2 9ALThe CourtyardCircus Street, Brighton£105,2913
BN1 1TTBelbourne CourtBread Street, Brighton£115,50011
BN2 1JQDanny Sheldon HouseEastern Road£120,28817
BN3 6GSStirling CourtWilbury Villas£121,9454
BN1 3JPHomelees HouseDyke Road£127,95812
BN1 2HJAstra HouseKings Road£133,2818
BN1 5AWElm CourtDyke Road£137,5004
BN3 1JQBell MeadHolland Road£141,5628

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