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Brighton and Hove House Prices Brighton and Hove House Prices

The average house price in Brighton and Hove is £518,177 using HM Land Registry data.

The average property price increased by £134,827 (33.3%) over the last 5 years and increased by £26,947 (5.25%) over the last 12 months.

Over the last year, there were 2,728 residential property sales – a decrease of 1,568 transactions (-57.48%) relative to the previous year. The majority of house sales (735) were in the £240,000 - £362,000 range. Then came properties in the £362,000 - £484,000 range, where 645 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,188 (-2%).

In April 2024, there were 856 new estate agency instructions, 479 agreed home sales and 456 property price reductions.

Neighbouring Areas: Southwick

Postcodes Covered: BN1, BN2, BN3, BN41

5-Year Average Property Prices in Brighton and Hove

33.3%

Property prices in Brighton and Hove increased by 33.3% 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

5.25%

Property prices in Brighton and Hove increased by 5.25% 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 - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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
19 Scarborough Road, Brighton, Brighton And Hove, BN1 5NR£550,000£542,500-£7,50006 Jun 202325 Mar 2024293 Days
33b, Colbourne Road, Hove, Brighton And Hove, BN3 1TA£325,000£310,000-£15,00014 Sep 202321 Mar 2024189 Days
41 Arnold Street, Brighton, Brighton And Hove, BN2 9XS£350,000£325,000-£25,00023 Mar 202320 Mar 2024363 Days
47 Horton Road, Brighton, Brighton And Hove, BN1 7EG£325,000£315,000-£10,00024 Aug 202315 Mar 2024204 Days
2 Warleigh Road, Brighton, Brighton And Hove, BN1 4NT£500,000£500,000£0014 Nov 202311 Mar 2024118 Days
48 Goldstone Villas, Hove, Brighton And Hove, BN3 3RS£1,250,000£1,180,000-£70,00020 Oct 202308 Mar 2024140 Days
70 Foredown Road, Portslade, Brighton, Brighton And Hove, BN41 2GL£350,000£350,000£0001 Sep 202306 Mar 2024187 Days
Ground Floor Flat, 5, Upper Lewes Road, Brighton, Brighton And Hove, BN2 3FJ£300,000£200,000-£100,00019 Aug 202304 Mar 2024198 Days
Flat 35, Orchard House, Park View Road, Hove, Brighton And Hove, BN3 7AW£450,000£450,000£0009 Aug 202301 Mar 2024205 Days
275 Old Shoreham Road, Portslade, Brighton, Brighton And Hove, BN41 1XS£500,000£467,500-£32,50029 Aug 202329 Feb 2024184 Days
First Floor Flat, 17, The Cliff, Brighton, Brighton And Hove, BN2 5RF£220,000£180,000-£40,00017 Sep 202029 Feb 20241260 Days
96 Downs Valley Road, Brighton, Brighton And Hove, BN2 6RF£289,950£249,610-£40,34026 Jan 201129 Feb 20244782 Days
38 Wanderdown Road, Ovingdean, Brighton, Brighton And Hove, BN2 7BT£750,000£708,000-£42,00021 Sep 202328 Feb 2024160 Days
402 Ditchling Road, Brighton, Brighton And Hove, BN1 6JL£875,000£875,000£0004 Oct 202326 Feb 2024145 Days
82 Lustrells Crescent, Saltdean, Brighton, Brighton And Hove, BN2 8FL£425,000£405,000-£20,00009 Nov 202323 Feb 2024106 Days
1 Summerdale Road, Hove, Brighton And Hove, BN3 8LG£375,000£362,500-£12,50010 Oct 202322 Feb 2024135 Days
39 Oakdene Crescent, Portslade, Brighton, Brighton And Hove, BN41 2RP£375,000£375,000£0030 Oct 202319 Feb 2024112 Days
49 Coombe Vale, Saltdean, Brighton, Brighton And Hove, BN2 8HN£425,000£397,000-£28,00018 May 202319 Feb 2024277 Days
144 Hangleton Way, Hove, Brighton And Hove, BN3 8ER£400,000£365,000-£35,00009 Nov 202316 Feb 202499 Days
56 Green Ridge, Brighton, Brighton And Hove, BN1 5LJ£1,000,000£950,000-£50,00014 Aug 202316 Feb 2024186 Days

Most Expensive Streets in Brighton and Hove

PostcodeStreetAreaAverageNo. of Sales
BN41 1WEWestern EsplanadePortslade£2,316,6663
BN2 5RJRoedean WayBrighton£2,062,5004
BN3 6DADyke Road AvenueHove£2,023,7504
BN3 6TNTongdean AvenueHove£2,011,8754
BN3 4GSPrinces CrescentHove£1,983,3333
BN2 5RGRoedean CrescentBrighton£1,934,4449
BN3 6QHHill BrowHove£1,824,0005
BN3 6QFHill BrowHove£1,812,5004
BN1 5BLWithdean RoadBrighton£1,812,1427
BN2 5RHRoedean CrescentBrighton£1,746,6667

Least Expensive Streets in Brighton and Hove

PostcodeStreetAreaAverageNo. of Sales
BN2 5UQEastern ConcourseBrighton Marina Village£74,4166
BN2 5UPWestern ConcourseBrighton Marina Village£84,1663
BN2 8GEBaltic ViewWithyham Avenue£102,6005
BN2 9ALThe CourtyardCircus Street, Brighton£105,2913
BN1 1TTBelbourne CourtBread Street, Brighton£116,00011
BN3 6GSStirling CourtWilbury Villas£116,5933
BN2 1JQDanny Sheldon HouseEastern Road£120,91519
BN1 3JPHomelees HouseDyke Road£127,95812
BN1 2HJAstra HouseKings Road£129,5318
BN3 1JQBell MeadHolland Road£138,0559

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