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Lewes House Prices Lewes House Prices

The average house price in Lewes is £298,750 using HM Land Registry data.

The average property price increased by £145,650 (32.32%) over the last 5 years and increased by £29,109 (5.13%) over the last 12 months.

Over the last year, there were 208 residential property sales – a decrease of 75 transactions (-36.06%) relative to the previous year. The majority of house sales (50) were in the £240,000 - £390,000 range. Then came properties in the £390,000 - £540,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-25,771 (-3%).

In April 2024, there were 56 new estate agency instructions, 30 agreed home sales and 20 property price reductions.

Postcodes Covered: BN7, BN8

5-Year Average Property Prices in Lewes

32.32%

Property prices in Lewes increased by 32.32% 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 Lewes Over the Last Year

5.13%

Property prices in Lewes increased by 5.13% 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 Lewes - 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 Lewes

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 Lewes

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 Lewes

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 Lewes since 1995

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

Recent Property Sales in Lewes

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Warren Drive, Lewes, East Sussex, BN7 1HD£400,000£400,000£0031 Aug 202228 Jul 2023331 Days
7 Buckhurst Close, Lewes, East Sussex, BN7 2ES£325,000£325,000£0015 Jun 202328 Jul 202343 Days
15 Mill Road, Lewes, East Sussex, BN7 2RT£675,000£666,000-£9,00001 Nov 202226 Jul 2023267 Days
1 St Peters Place, Lewes, East Sussex, BN7 1YP£500,000£375,000-£125,00013 Dec 202221 Jul 2023220 Days
Bryony, Mill Road, Lewes, East Sussex, BN7 2RT£999,950£994,450-£5,50003 Mar 202321 Jul 2023140 Days
1 Keere Street, Lewes, East Sussex, BN7 1TY£1,150,000£1,040,000-£110,00015 Feb 202312 Jul 2023147 Days
Flat 37, St Thomas' Court, Cliffe High Street, Lewes, East Sussex, BN7 2AW£99,950£97,000-£2,95019 Aug 202228 Jun 2023313 Days
56 Middle Way, Lewes, East Sussex, BN7 1NL£425,000£425,000£0021 Feb 202327 Jun 2023126 Days
28 Middle Way, Lewes, East Sussex, BN7 1NH£659,950£638,100-£21,85022 Nov 202227 Jun 2023217 Days
17 Rufus Close, Lewes, East Sussex, BN7 1BG£689,950£675,000-£14,95006 Jan 202320 Jun 2023165 Days
24 Nevill Road, Lewes, East Sussex, BN7 1PQ£589,950£580,000-£9,95025 Jan 202312 Jun 2023138 Days
6 Houndean Close, Lewes, East Sussex, BN7 1EZ£1,000,000£975,000-£25,00021 Sep 202201 Jun 2023253 Days
18 Castle Ditch Lane, Lewes, East Sussex, BN7 1YJ£599,950£571,700-£28,25002 Feb 202326 May 2023113 Days
23 Paddock Road, Lewes, East Sussex, BN7 1UU£500,000£478,000-£22,00001 Jan 202324 May 2023143 Days
22 Paddock Road, Lewes, East Sussex, BN7 1UU£565,000£562,000-£3,00019 Jan 202323 May 2023124 Days
Flat 28, Greyfriars Court, Court Road, Lewes, East Sussex, BN7 2RF£429,950£410,000-£19,95012 Jul 202217 May 2023309 Days
59 Valence Road, Lewes, East Sussex, BN7 1SJ£435,000£426,000-£9,00013 Jul 202112 May 2023668 Days
25 Keere Street, Lewes, East Sussex, BN7 1TY£600,000£595,000-£5,00027 Jan 202304 May 202397 Days
Flat 15, Caburn Court, Station Street, Lewes, East Sussex, BN7 2DA£139,950£80,000-£59,95003 Mar 202302 May 202360 Days
29 Firle Crescent, Lewes, East Sussex, BN7 1QG£675,000£670,000-£5,00026 Sep 202228 Apr 2023214 Days

Most Expensive Streets in Lewes

PostcodeStreetAreaAverageNo. of Sales
BN7 1TNRotten RowLewes£2,073,3333
BN7 2JAMalling DeaneryChurch Lane£1,950,0001
BN7 1QSThe AvenueLewes£1,765,0001
BN7 2FPLandport Farm RoadLewes£1,500,0001
BN7 1JASouthover High StreetLewes£1,452,0171
BN7 1BNPark RoadLewes£1,410,0001
BN7 1TUGrange RoadLewes£1,333,3333
BN7 1PTGundreda RoadLewes£1,253,7504
BN7 2BECuilfailLewes£1,250,0002
BN7 1XHHigh StreetLewes£1,217,5002

Least Expensive Streets in Lewes

PostcodeStreetAreaAverageNo. of Sales
BN7 2DBMarlborough PlaceStation Street, Lewes£140,0001
BN7 2AWSt Thomas' CourtCliffe High Street, Lewes£164,77520
BN7 2NWCastle CourtSpences Lane£172,0006
BN7 2SPBaxter RoadLewes£188,0001
BN7 1DDEleanor CloseLewes£194,5004
BN7 2DAStation StreetLewes£199,58517
BN7 1HYGreen CourtSt Pancras Gardens£205,5001
BN7 2FNThe NurseriesLewes£211,3009
BN7 2TPBlois RoadLewes£217,5001
BN7 2PSWellington StreetLewes£220,0001

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