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Copthorne House Prices Copthorne House Prices

The average house price in Copthorne is £690,000 using HM Land Registry data.

The average property price increased by £128,311 (29.96%) over the last 5 years and increased by £25,644 (4.83%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 88 transactions (-157.14%) relative to the previous year. The majority of house sales (16) were in the £392,000 - £494,000 range. Then came properties in the £494,000 - £596,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 88 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,352 (-2%).

In April 2024, there were 9 new estate agency instructions, 9 agreed home sales and 11 property price reductions.

Neighbouring Areas: Crawley

Postcodes Covered: RH10, RH6

5-Year Average Property Prices in Copthorne

29.96%

Property prices in Copthorne increased by 29.96% 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 Copthorne Over the Last Year

4.83%

Property prices in Copthorne increased by 4.83% 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 Copthorne - 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 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 Copthorne

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 Copthorne

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 Copthorne

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 Copthorne since 1995

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

Recent Property Sales in Copthorne

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Laurel Bank, Brookhill Road, Copthorne, Crawley, West Sussex, RH10 3PJ£700,000£690,000-£10,00014 Sep 202315 Dec 202392 Days
Fir View, West Park Road, Copthorne, Crawley, Surrey, RH10 3EU£900,000£860,000-£40,00026 Apr 202330 Nov 2023218 Days
Goffs House, Borers Arms Road, Copthorne, Crawley, West Sussex, RH10 3LJ£1,250,000£1,150,000-£100,00022 Aug 202324 Nov 202394 Days
7 Cottage Place, Copthorne, Crawley, West Sussex, RH10 3LF£375,000£345,000-£30,00028 Mar 202310 Nov 2023227 Days
17 Brookside, Copthorne, Crawley, West Sussex, RH10 3QP£425,000£425,000£0026 May 202327 Oct 2023154 Days
24 Akehurst Close, Copthorne, Crawley, West Sussex, RH10 3QQ£575,000£535,000-£40,00026 Jul 202325 Oct 202391 Days
47 Lashmere, Copthorne, Crawley, West Sussex, RH10 3RR£625,000£617,500-£7,50005 Jun 202306 Oct 2023123 Days
22 Calluna Drive, Copthorne, Crawley, West Sussex, RH10 3XF£575,000£555,000-£20,00020 Apr 202327 Sep 2023160 Days
14 Lashmere, Copthorne, Crawley, West Sussex, RH10 3RT£650,000£645,000-£5,00013 Mar 202321 Sep 2023192 Days
Lok Lum, Domewood, Copthorne, Crawley, Surrey, RH10 3HD£1,300,000£1,225,000-£75,00025 May 202320 Sep 2023118 Days
53 Bridgelands, Copthorne, Crawley, West Sussex, RH10 3QW£475,000£470,000-£5,00001 Jun 202308 Sep 202399 Days
Flat 23, Lampson Court, Copthorne Common Road, Copthorne, Crawley, West Sussex, RH10 3SL£245,000£240,000-£5,00016 May 202306 Sep 2023113 Days
Flat 45, Lampson Court, Copthorne Common Road, Copthorne, Crawley, West Sussex, RH10 3SL£300,000£299,500-£50009 Mar 202331 Aug 2023175 Days
30 Lashmere, Copthorne, Crawley, West Sussex, RH10 3RT£550,000£550,000£0005 Apr 202317 Aug 2023134 Days
3 New Town, Copthorne, Crawley, West Sussex, RH10 3LY£475,000£462,000-£13,00025 Apr 202310 Aug 2023107 Days
The Wanderers, Borers Arms Road, Copthorne, Crawley, West Sussex, RH10 3LH£825,000£800,000-£25,00020 Mar 202310 Aug 2023143 Days
40 Westway, Copthorne, Crawley, West Sussex, RH10 3QR£600,000£590,000-£10,00011 Nov 202210 Aug 2023272 Days
14 Newlands Park, Copthorne, Crawley, West Sussex, RH10 3EW£700,000£665,500-£34,50029 Sep 202204 Aug 2023309 Days
26 Bridgelands, Copthorne, Crawley, West Sussex, RH10 3XD£450,000£433,500-£16,50001 Mar 202321 Jul 2023142 Days
4 Elger Way, Copthorne, Crawley, West Sussex, RH10 3JJ£475,000£455,000-£20,00026 Dec 202205 May 2023130 Days

Most Expensive Streets in Copthorne

PostcodeStreetAreaAverageNo. of Sales
RH10 3HEHerons LeaCopthorne£979,3336
RH10 3PDCopthorne RoadCrawley£923,7504
RH10 3HDDomewoodCopthorne£859,4449
RH10 3EESnow HillCrawley Down£775,0004
RH10 3FSHawthorn GroveCopthorne£675,6653
RH10 3LHBorers Arms RoadCopthorne£646,5005
RH10 3FPHolly DriveCopthorne£600,6669
RH10 3JXCopthorne CommonCopthorne£593,3333
RH10 3EWNewlands ParkCopthorne£590,9166
RH10 3RRLashmereCopthorne£586,8754

Least Expensive Streets in Copthorne

PostcodeStreetAreaAverageNo. of Sales
RH10 3SLLampson CourtCopthorne Common Road£254,18018
RH10 3PSBrookhill RoadCopthorne£280,65313
RH10 3QLBrookhill RoadCopthorne£328,3333
RH10 3PZHeather CloseCopthorne£344,1663
RH10 3QEBracken CloseCopthorne£346,2503
RH10 3QBBramble CloseCopthorne£353,7508
RH10 3PXFairway CloseCopthorne£361,4455
RH10 3NXPinetrees CloseCopthorne£367,5836
RH10 3QGChurch LaneCopthorne£384,1663
RH10 3QXSouth BankCopthorne Bank£388,0004

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