Ringmer House Prices Ringmer House Prices

The average house price in Ringmer is £385,000 using HM Land Registry data.

The average property price increased by £82,767 (20.72%) over the last 5 years and increased by £16,542 (3.55%) over the last 12 months.

Over the last year, there were 34 residential property sales – a decrease of 59 transactions (-173.53%) relative to the previous year. The majority of house sales (10) were in the £434,000 - £516,000 range. Then came properties in the £352,000 - £434,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 152 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,679 (-2%).

In April 2024, there were 10 new estate agency instructions, 4 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Ringmer

20.72%

Property prices in Ringmer increased by 20.72% 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 Ringmer Over the Last Year

3.55%

Property prices in Ringmer increased by 3.55% 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 Ringmer - 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 Ringmer

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 Ringmer

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 Ringmer

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 Ringmer since 1995

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

Recent Property Sales in Ringmer

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 The Forges, Ringmer, Lewes, East Sussex, BN8 5FA£350,000£340,000-£10,00030 Sep 202326 Jan 2024118 Days
18 Anchor Field, Ringmer, Lewes, East Sussex, BN8 5QN£385,000£377,000-£8,00029 Nov 202204 Jan 2024401 Days
56 Springett Avenue, Ringmer, Lewes, East Sussex, BN8 5QU£325,000£320,000-£5,00008 Oct 201919 Dec 20231533 Days
21 Harvard Road, Ringmer, Lewes, East Sussex, BN8 5HH£450,000£450,000£0016 Feb 202301 Dec 2023288 Days
High Elms, Lewes Road, Ringmer, Lewes, East Sussex, BN8 5NE£575,000£570,000-£5,00028 Apr 202323 Nov 2023209 Days
7 Mill Mead, Ringmer, Lewes, East Sussex, BN8 5JG£550,000£491,500-£58,50012 Aug 202223 Nov 2023468 Days
21 Delves Way, Ringmer, Lewes, East Sussex, BN8 5JU£525,000£515,000-£10,00010 May 202310 Nov 2023184 Days
25 Springett Avenue, Ringmer, Lewes, East Sussex, BN8 5HD£525,000£495,000-£30,00019 Apr 202312 Oct 2023176 Days
10 Springett Avenue, Ringmer, Lewes, East Sussex, BN8 5HB£430,000£407,000-£23,00023 Jun 202327 Sep 202396 Days
Flat 31, Delves House, Delves Close, Ringmer, Lewes, East Sussex, BN8 5EW£145,000£140,000-£5,00027 Jan 202316 Aug 2023201 Days
44 Springett Avenue, Ringmer, Lewes, East Sussex, BN8 5QU£400,000£395,000-£5,00012 Apr 202328 Jul 2023107 Days
45 The Forges, Ringmer, Lewes, East Sussex, BN8 5FA£400,000£390,000-£10,00002 May 202328 Jul 202387 Days
Kydd Cottage, Gote Lane, Ringmer, Lewes, East Sussex, BN8 5HU£730,000£720,000-£10,00006 Mar 202314 Jul 2023130 Days
49 Sadlers Way, Ringmer, Lewes, East Sussex, BN8 5HG£750,000£725,000-£25,00023 May 202212 Jul 2023415 Days
42 Springett Avenue, Ringmer, Lewes, East Sussex, BN8 5QU£585,000£575,000-£10,00007 Nov 202203 Jul 2023238 Days
16 The Forges, Ringmer, Lewes, East Sussex, BN8 5FA£635,000£618,000-£17,00012 Aug 202217 May 2023278 Days
Flat 2, Delves House West, Delves Close, Ringmer, Lewes, East Sussex, BN8 5EW£150,000£150,000£0014 Jul 202205 May 2023295 Days
8 Shepherds Close, Ringmer, Lewes, East Sussex, BN8 5LU£495,000£450,000-£45,00012 Jan 202317 Apr 202395 Days
3 Harvard Road, Ringmer, Lewes, East Sussex, BN8 5HH£475,000£460,000-£15,00003 Oct 202221 Mar 2023169 Days
1 Mill View, Ringmer, Lewes, East Sussex, BN8 5EP£699,950£677,500-£22,45014 Jun 202207 Feb 2023238 Days

Most Expensive Streets in Ringmer

PostcodeStreetAreaAverageNo. of Sales
BN8 5LDBishops LaneRingmer£1,036,6663
BN8 5EYLewes RoadRingmer£947,8333
BN8 5FWKnights CloseRingmer£653,3336
BN8 5LZGreenacres DriveRingmer£586,6663
BN8 5HGSadlers WayRingmer£565,5717
BN8 5JBRushey GreenRingmer£558,0003
BN8 5FQByron CloseRingmer£555,99010
BN8 5FPClarks CroftRingmer£525,97711
BN8 5LBBishops LaneRingmer£519,1663
BN8 5FSKings RoadRingmer£512,58833

Least Expensive Streets in Ringmer

PostcodeStreetAreaAverageNo. of Sales
BN8 5LFVicarage CloseRingmer£158,6005
BN8 5EWDelves HouseDelves Close£195,64221
BN8 5HYMill RoadRingmer£315,8333
BN8 5JLOakmede WayRingmer£320,0006
BN8 5QNAnchor FieldRingmer£331,0555
BN8 5QRShelley RoadRingmer£369,7504
BN8 5LHGreater PaddockRingmer£371,9166
BN8 5FAThe ForgesRingmer£394,6005
BN8 5FBCraig MeadowsRingmer£408,3577
BN8 5QUSpringett AvenueRingmer£416,2504

Explore Ringmer and Neighbouring Area House Prices