Henfield House Prices Henfield House Prices

The average house price in Henfield is £523,000 using HM Land Registry data.

The average property price increased by £167,931 (41.43%) over the last 5 years and increased by £33,562 (6.22%) over the last 12 months.

Over the last year, there were 68 residential property sales – a decrease of 10 transactions (-14.71%) relative to the previous year. The majority of house sales (22) were in the £384,000 - £488,000 range. Then came properties in the £488,000 - £592,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 107 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-29,392 (-5%).

In April 2024, there were 14 new estate agency instructions, 9 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in Henfield

41.43%

Property prices in Henfield increased by 41.43% 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 Henfield Over the Last Year

6.22%

Property prices in Henfield increased by 6.22% 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 Henfield - 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 Henfield

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 Henfield

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 Henfield

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 Henfield since 1995

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

Recent Property Sales in Henfield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Benson Road, Henfield, West Sussex, BN5 9HY£395,000£385,000-£10,00024 Oct 202308 Mar 2024136 Days
3 Flower Farm Close, Henfield, West Sussex, BN5 9QA£435,000£400,000-£35,00007 Jul 202306 Feb 2024214 Days
47 Broomfield Road, Henfield, West Sussex, BN5 9UD£635,000£605,000-£30,00017 Mar 202305 Jan 2024294 Days
28 Mallard Way, Henfield, West Sussex, BN5 9HF£795,000£780,000-£15,00001 Jun 202305 Dec 2023187 Days
73 Parsonage Road, Henfield, West Sussex, BN5 9HZ£675,000£572,000-£103,00024 Aug 202220 Nov 2023453 Days
Pinecroft, Flower Farm Close, Henfield, West Sussex, BN5 9QA£495,000£460,000-£35,00024 Jul 202313 Nov 2023112 Days
59 Parsonage Road, Henfield, West Sussex, BN5 9HZ£525,000£512,500-£12,50008 Jun 202326 Oct 2023140 Days
67 Furners Mead, Henfield, West Sussex, BN5 9JA£625,000£590,000-£35,00014 Mar 202320 Sep 2023190 Days
2 Mill End, Henfield, West Sussex, BN5 9UN£325,000£320,000-£5,00030 Mar 202304 Sep 2023158 Days
45 Fawn Rise, Henfield, West Sussex, BN5 9EZ£875,000£850,000-£25,00016 Feb 202329 Aug 2023194 Days
Felstead Cottage, Sandy Lane, Henfield, West Sussex, BN5 9UX£1,100,000£1,044,000-£56,00023 Sep 202215 Aug 2023326 Days
2 Chantry Close, Henfield, West Sussex, BN5 9JF£525,000£484,350-£40,65009 Feb 202304 Aug 2023176 Days
Walders Cottage, Church Lane, Henfield, West Sussex, BN5 9NY£525,000£525,000£0011 Apr 202328 Jul 2023108 Days
18 Furners Mead, Henfield, West Sussex, BN5 9JA£495,000£470,000-£25,00027 Oct 202221 Jul 2023267 Days
2 Nyes Close, Henfield, West Sussex, BN5 9JZ£430,000£410,000-£20,00002 Mar 202309 Jun 202399 Days
14 Fawn Rise, Henfield, West Sussex, BN5 9EZ£500,000£485,000-£15,00021 Nov 202219 May 2023179 Days
25 Fawn Rise, Henfield, West Sussex, BN5 9EZ£475,000£465,000-£10,00006 Dec 202216 May 2023161 Days
21 Springhills, Henfield, West Sussex, BN5 9EG£299,950£290,000-£9,95004 Jan 202309 May 2023125 Days
37 Fabians Way, Henfield, West Sussex, BN5 9PT£194,000£186,000-£8,00030 Aug 202228 Apr 2023241 Days
13 Parsonage Road, Henfield, West Sussex, BN5 9JG£400,000£386,000-£14,00021 Nov 202214 Apr 2023144 Days

Most Expensive Streets in Henfield

PostcodeStreetAreaAverageNo. of Sales
BN5 9DNBarrow HillHenfield£1,161,6666
BN5 9UXSandy LaneHenfield£1,023,3363
BN5 9RLHenfield Common NorthHenfield£986,7135
BN5 9UYThe HooksHenfield£780,8336
BN5 9RYMill DriveHenfield£768,2005
BN5 9DYNep Town RoadHenfield£710,0003
BN5 9UZBroomfield RoadHenfield£686,6663
BN5 9JQDeer ParkHenfield£674,9833
BN5 9PLUpper Station RoadHenfield£657,2508
BN5 9RZCedar WayHenfield£644,0005

Least Expensive Streets in Henfield

PostcodeStreetAreaAverageNo. of Sales
BN5 9DBBrick LaneHigh Street, Henfield£198,3333
BN5 9QBNorthcroftHenfield£225,6663
BN5 9ETWeavers CottagesWeavers Lane£244,2818
BN5 9HUWoolven RowHenfield£256,6333
BN5 9EGSpringhillsHenfield£276,78618
BN5 9UPStation RoadHenfield£310,7905
BN5 9PNStaples BarnHenfield£323,3333
BN5 9JRWantley Hill EstateHenfield£337,9005
BN5 9PPStaples BarnHenfield£338,6663
BN5 9HYBenson RoadHenfield£344,3333

Explore Henfield and Neighbouring Area House Prices