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Southwick House Prices

The average house price in Southwick is £361,557 using HM Land Registry data.

The average property price increased by £128,324 (37.14%) over the last 5 years and increased by £25,653 (5.72%) over the last 12 months.

Over the last year, there were 117 residential property sales – a decrease of 28 transactions (-23.93%) relative to the previous year. The majority of house sales (25) were in the £308,000 - £376,000 range. Then came properties in the £376,000 - £444,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,590 (-2%).

In Oct 24, there were 23 new estate agency instructions, 17 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in Southwick

37.14%

Property prices in Southwick increased by 37.14% 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 Southwick Over the Last Year

5.72%

Property prices in Southwick increased by 5.72% 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 Southwick - 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 Southwick

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 Southwick

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 Southwick

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 Southwick since 1995

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

Recent Property Sales in Southwick

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
109 Downsway, Southwick, Brighton, West Sussex, BN42 4WE	£450,000	£450,000	£00	26 Dec 2023	07 Aug 2024	225 Days
40 Highdown, Southwick, Brighton, West Sussex, BN42 4QS	£350,000	£300,000	-£50,000	26 Dec 2023	26 Jul 2024	213 Days
12 Windmill Road, Southwick, Brighton, West Sussex, BN42 4RP	£450,000	£444,000	-£6,000	27 Feb 2024	22 Jul 2024	146 Days
3 Victoria Road, Southwick, Brighton, West Sussex, BN42 4DJ	£625,000	£625,000	£00	19 Apr 2024	17 May 2024	28 Days
6 Southdown Road, Southwick, Brighton, West Sussex, BN42 4FT	£819,950	£808,500	-£11,450	27 Sep 2023	17 May 2024	233 Days
27 Eastbrook Way, Portslade, Brighton, West Sussex, BN41 1PS	£325,000	£315,000	-£10,000	07 Sep 2023	13 May 2024	249 Days
9 Upper Kingston Lane, Shoreham-by-sea, West Sussex, BN43 6TG	£600,000	£575,000	-£25,000	09 Jun 2023	26 Apr 2024	322 Days
10 Highdown Close, Southwick, Brighton, West Sussex, BN42 4QW	£500,000	£490,000	-£10,000	27 Oct 2023	24 Apr 2024	180 Days
45 Prince Charles Close, Southwick, Brighton, West Sussex, BN42 4PQ	£375,000	£372,500	-£2,500	15 Dec 2023	24 Apr 2024	131 Days
104 Southwick Street, Southwick, Brighton, West Sussex, BN42 4TJ	£450,000	£429,750	-£20,250	18 Jan 2024	19 Apr 2024	92 Days
3 Roman Road, Southwick, Brighton, West Sussex, BN42 4TP	£569,950	£562,000	-£7,950	01 Oct 2023	16 Apr 2024	198 Days
44 Downland Avenue, Southwick, Brighton, West Sussex, BN42 4RG	£385,000	£385,000	£00	23 Jan 2024	15 Apr 2024	83 Days
8 Old Rectory Gardens, Southwick, Brighton, West Sussex, BN42 4SQ	£525,000	£525,000	£00	31 Aug 2023	21 Mar 2024	203 Days
23 Upton Avenue, Southwick, Brighton, West Sussex, BN42 4WP	£399,950	£390,000	-£9,950	02 Jan 2024	08 Mar 2024	66 Days
83 Meadway Court, Southwick, Brighton, West Sussex, BN42 4SN	£265,000	£255,500	-£9,500	17 Jul 2023	04 Mar 2024	231 Days
27 Old Shoreham Road, Southwick, Brighton, West Sussex, BN42 4RD	£410,000	£410,000	£00	17 Nov 2023	16 Feb 2024	91 Days
133 The Gardens, Southwick, Brighton, West Sussex, BN42 4AR	£375,000	£359,000	-£16,000	01 Jun 2023	14 Feb 2024	258 Days
62 Hill Farm Way, Southwick, Brighton, West Sussex, BN42 4YH	£425,000	£400,000	-£25,000	12 Aug 2022	09 Feb 2024	546 Days
29 St Aubyns Road, Fishersgate, Brighton, West Sussex, BN41 1PE	£250,000	£245,000	-£5,000	26 May 2023	02 Feb 2024	252 Days
5 Locks Court, Southwick, Brighton, West Sussex, BN42 4DW	£199,950	£189,260	-£10,690	11 Aug 2023	31 Jan 2024	173 Days

Most Expensive Streets in Southwick

Postcode	Street	Area	Average	No. of Sales
BN42 4GH	The Cotswolds	Southwick	£899,983	3
BN42 4AD	Southwick Street	Southwick	£849,333	3
BN42 4TL	Southwick Street	Southwick	£840,000	3
BN42 4TY	Roman Crescent	Southwick	£811,500	4
BN42 4DU	Spinnals Grove	Southwick	£773,333	3
BN42 4AB	Croft Avenue	Southwick	£657,500	4
BN42 4FT	Southdown Road	Southwick	£607,218	10
BN42 4GA	Oldfield Crescent	Southwick	£591,125	4
BN42 4LA	The Crescent	Southwick	£579,166	3
BN42 4LB	The Crescent	Southwick	£578,571	7

Least Expensive Streets in Southwick

Postcode	Street	Area	Average	No. of Sales
BN42 4AF	Spring Gardens	Southwick	£173,000	3
BN42 4BB	Albion House	Whiterock Place	£198,625	4
BN42 4DS	Coates Court	Butts Road	£217,650	3
BN42 4HD	Cross Road	Southwick	£222,666	3
BN42 4FL	Southwick Square	Southwick	£228,000	3
BN41 1AR	Gardner Road	Portslade	£238,214	7
BN42 4FQ	Southwick Square	Southwick	£238,500	3
BN42 4SL	Meadway Court	Southwick	£239,766	15
BN42 4SN	Meadway Court	Southwick	£249,318	11
BN42 4QT	Highdown	Southwick	£262,500	3