Broadbridge Heath House Prices Broadbridge Heath House Prices

The average house price in Broadbridge Heath is £400,000 using HM Land Registry data.

The average property price increased by £105,983 (35.97%) over the last 5 years and increased by £21,182 (5.58%) over the last 12 months.

Over the last year, there were 34 residential property sales – a decrease of 15 transactions (-44.12%) relative to the previous year. The majority of house sales (9) were in the £344,000 - £416,000 range. Then came properties in the £200,000 - £272,000 range, where 6 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 £-12,358 (-2%).

In April 2024, there were 12 new estate agency instructions, 8 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in Broadbridge Heath

35.97%

Property prices in Broadbridge Heath increased by 35.97% 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 Broadbridge Heath Over the Last Year

5.58%

Property prices in Broadbridge Heath increased by 5.58% 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 Broadbridge Heath - 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 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 Broadbridge Heath

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 Broadbridge Heath

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 Broadbridge Heath

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 Broadbridge Heath since 1995

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

Recent Property Sales in Broadbridge Heath

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
110 Corsletts Avenue, Broadbridge Heath, Horsham, West Sussex, RH12 3NZ£300,000£295,000-£5,00025 Apr 202303 Nov 2023192 Days
10 St Johns Crescent, Broadbridge Heath, Horsham, West Sussex, RH12 3NE£260,000£256,000-£4,00018 May 202320 Oct 2023155 Days
16 Thelton Avenue, Broadbridge Heath, Horsham, West Sussex, RH12 3LS£380,000£375,000-£5,00017 May 202319 Oct 2023155 Days
11 Buck Way, Broadbridge Heath, Horsham, West Sussex, RH12 3UH£320,000£126,000-£194,00001 Jun 201813 Oct 20231960 Days
70 Sullington Mead, Broadbridge Heath, Horsham, West Sussex, RH12 3NW£375,000£375,000£0002 Mar 202301 Sep 2023183 Days
32 Castle Road, Broadbridge Heath, Horsham, West Sussex, RH12 3NB£475,000£450,000-£25,00022 Apr 202325 Aug 2023125 Days
11 Swann Way, Broadbridge Heath, Horsham, West Sussex, RH12 3NQ£215,000£204,500-£10,50010 May 202324 Aug 2023106 Days
74 Sullington Mead, Broadbridge Heath, Horsham, West Sussex, RH12 3NW£450,000£441,000-£9,00010 Mar 202324 Jul 2023136 Days
22 Kingsmead Place, Broadbridge Heath, Horsham, West Sussex, RH12 3TA£233,750£233,750£0014 Apr 202321 Jul 202398 Days
36 Swann Way, Broadbridge Heath, Horsham, West Sussex, RH12 3NQ£140,000£134,500-£5,50006 Dec 202214 Jul 2023220 Days
38 Stanford Way, Broadbridge Heath, Horsham, West Sussex, RH12 3LH£350,000£318,000-£32,00007 Nov 202230 Jun 2023235 Days
32 Charrington Way, Broadbridge Heath, Horsham, West Sussex, RH12 3TH£500,000£500,000£0010 Nov 202219 Jun 2023221 Days
14 Kingsmead Place, Broadbridge Heath, Horsham, West Sussex, RH12 3TA£230,000£227,000-£3,00013 Feb 202316 May 202392 Days
28 Shelley Drive, Broadbridge Heath, Horsham, West Sussex, RH12 3NT£375,000£360,000-£15,00031 Dec 202212 May 2023132 Days
89 Corsletts Avenue, Broadbridge Heath, Horsham, West Sussex, RH12 3NY£590,000£575,000-£15,00002 Nov 202227 Apr 2023176 Days
72 Corsletts Avenue, Broadbridge Heath, Horsham, West Sussex, RH12 3NZ£475,000£475,000£0007 Feb 202327 Apr 202379 Days
79 Shelley Drive, Broadbridge Heath, Horsham, West Sussex, RH12 3NU£400,000£392,500-£7,50015 Nov 202227 Apr 2023163 Days
35 Church Road, Broadbridge Heath, Horsham, West Sussex, RH12 3LD£435,000£430,000-£5,00002 Dec 202231 Mar 2023119 Days
104 Sullington Mead, Broadbridge Heath, Horsham, West Sussex, RH12 3NW£374,950£350,000-£24,95031 Oct 202231 Mar 2023151 Days
40 Billingshurst Road, Broadbridge Heath, Horsham, West Sussex, RH12 3LW£465,000£465,000£0004 Nov 202229 Mar 2023145 Days

Most Expensive Streets in Broadbridge Heath

PostcodeStreetAreaAverageNo. of Sales
RH12 3LPBillingshurst RoadBroadbridge Heath£566,2504
RH12 3JUOld Guildford RoadBroadbridge Heath£551,4807
RH12 3LLKingsmead RoadBroadbridge Heath£543,2504
RH12 3NYCorsletts AvenueBroadbridge Heath£441,2005
RH12 3LJBillingshurst RoadBroadbridge Heath£438,3336
RH12 3LWBillingshurst RoadBroadbridge Heath£435,4128
RH12 3PLEdwards CloseBroadbridge Heath£416,0006
RH12 3LQCorsletts AvenueBroadbridge Heath£407,6663
RH12 3NBCastle RoadBroadbridge Heath£384,3754
RH12 3NTShelley DriveBroadbridge Heath£382,0007

Least Expensive Streets in Broadbridge Heath

PostcodeStreetAreaAverageNo. of Sales
RH12 3TNNewbridge CloseBroadbridge Heath£168,5009
RH12 3AXThelton AvenueBroadbridge Heath£200,8754
RH12 3NGSt Johns CrescentBroadbridge Heath£205,8336
RH12 3TAKingsmead PlaceBroadbridge Heath£216,6949
RH12 3SUThe MewsBroadbridge Heath£220,1005
RH12 3NQSwann WayBroadbridge Heath£222,28116
RH12 3AQBearsden WayBroadbridge Heath£255,4005
RH12 3NESt Johns CrescentBroadbridge Heath£280,3333
RH12 3TJCharrington WayBroadbridge Heath£288,3128
RH12 3LTThelton AvenueBroadbridge Heath£293,4765

Explore Broadbridge Heath and Neighbouring Area House Prices