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Newhaven House Prices Newhaven House Prices

The average house price in Newhaven is £283,380 using HM Land Registry data.

The average property price increased by £79,232 (32.12%) over the last 5 years and increased by £15,835 (5.11%) over the last 12 months.

Over the last year, there were 114 residential property sales – a decrease of 90 transactions (-78.95%) relative to the previous year. The majority of house sales (33) were in the £270,000 - £310,000 range. Then came properties in the £230,000 - £270,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,612 (-2%).

In April 2024, there were 44 new estate agency instructions, 20 agreed home sales and 33 property price reductions.

Neighbouring Areas: Peacehaven

Postcodes Covered: BN9

5-Year Average Property Prices in Newhaven

32.12%

Property prices in Newhaven increased by 32.12% 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 Newhaven Over the Last Year

5.11%

Property prices in Newhaven increased by 5.11% 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 Newhaven - 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 Newhaven

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 Newhaven

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 Newhaven

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 Newhaven since 1995

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

Recent Property Sales in Newhaven

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Beach Road, Newhaven, East Sussex, BN9 0DA£255,000£250,000-£5,00019 Dec 202315 Mar 202487 Days
17 Willow Walk, Newhaven, East Sussex, BN9 9SS£300,000£295,000-£5,00007 Oct 202308 Mar 2024153 Days
1 Cottage Close, Newhaven, East Sussex, BN9 0PQ£250,000£218,132-£31,86826 Jun 202310 Jan 2024198 Days
14 Heighton Crescent, Newhaven, East Sussex, BN9 0QS£370,000£359,950-£10,05020 Jul 202315 Dec 2023148 Days
15 Portland Terrace, South Heighton, Newhaven, East Sussex, BN9 0HH£299,950£282,000-£17,95002 Jun 202313 Dec 2023194 Days
12 Norton Terrace, Newhaven, East Sussex, BN9 0BT£289,950£286,950-£3,00007 Jun 202308 Dec 2023184 Days
22 Willow Walk, Newhaven, East Sussex, BN9 9SS£339,950£339,950£0026 Apr 202327 Nov 2023215 Days
13 The Close, Newhaven, East Sussex, BN9 0RU£375,000£365,000-£10,00019 Jun 202324 Nov 2023158 Days
51 Seaview Road, Newhaven, East Sussex, BN9 0NP£399,950£380,000-£19,95013 Apr 202310 Nov 2023211 Days
41 Court Farm Road, Newhaven, East Sussex, BN9 9DH£349,950£320,000-£29,95006 Jun 202310 Nov 2023157 Days
4 Valley Dene, Newhaven, East Sussex, BN9 9NF£350,000£345,000-£5,00008 Jun 202318 Oct 2023132 Days
15 Cantercrow Hill, Newhaven, East Sussex, BN9 0RP£399,950£388,000-£11,95025 Jul 202313 Oct 202380 Days
62 Western Road, Newhaven, East Sussex, BN9 9JN£279,950£270,000-£9,95026 Jun 202312 Oct 2023108 Days
62 Wellington Road, Newhaven, East Sussex, BN9 0RJ£450,000£447,000-£3,00017 Apr 202304 Oct 2023170 Days
21 Valley Close, Newhaven, East Sussex, BN9 9XS£325,000£320,000-£5,00011 Aug 202329 Sep 202349 Days
25 St Leonards Close, Newhaven, East Sussex, BN9 0RW£269,950£265,000-£4,95027 May 202322 Sep 2023118 Days
10 Brazen Close, Newhaven, East Sussex, BN9 9XZ£350,000£340,000-£10,00026 May 202315 Sep 2023112 Days
161 Hillcrest Road, Newhaven, East Sussex, BN9 9EZ£315,000£307,500-£7,50003 Feb 202322 Aug 2023200 Days
43 St Leonards Close, Newhaven, East Sussex, BN9 0RW£250,000£250,000£0027 Mar 202309 Aug 2023135 Days
22 First Avenue, Newhaven, East Sussex, BN9 9HT£365,000£353,000-£12,00016 Mar 202303 Aug 2023140 Days

Most Expensive Streets in Newhaven

PostcodeStreetAreaAverageNo. of Sales
BN9 0RFVicarage CloseNewhaven£459,6503
BN9 9EJFort RoadNewhaven£436,9005
BN9 0QNDenton RiseNewhaven£429,0003
BN9 9HBCourt Farm RoadNewhaven£420,8336
BN9 0QYThe GroveNewhaven£417,0003
BN9 0PTDenton DriveNewhaven£405,0004
BN9 9FFCelandine WayNewhaven£394,71623
BN9 0NHStation RoadNewhaven£370,0003
BN9 9FEGrays CrescentNewhaven£364,64616
BN9 9DYCourt Farm RoadNewhaven£364,6254

Least Expensive Streets in Newhaven

PostcodeStreetAreaAverageNo. of Sales
BN9 9BJEssex MewsNewhaven£90,2484
BN9 9LPMeeching PlaceChurch Hill£140,6663
BN9 9LQChurch Hill LodgeChurch Hill£157,4214
BN9 9QHSouth RoadNewhaven£163,6663
BN9 9QJSouth RoadNewhaven£163,7508
BN9 9DTRiverside CourtButchers Lane£165,0004
BN9 9QXMeeching RoadNewhaven£171,5006
BN9 9LTMarlborough CourtChurch Hill£176,6663
BN9 9PAHigh StreetNewhaven£181,7336
BN9 9ENMarine CourtGibbon Road£185,6663

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