Housing Market Analysis for SOMERSET STREET, BN2 1GW

Are you looking to understand BN2 1GW house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Brighton and Hove postcode.

For the location information and nearby amenities in the BN2 1GW area, explore the BN2 1GW Area information page.
For comprehensive crime statistics in the BN2 1GW area, explore the BN2 1GW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BN2 1GW postcode area, The average prices are as follows,

  • Flat
    • The average price is around £317,245 median price is £325,000 Standard Deviation is £46,163 with Total Sold: 10
    • The Last 5 Year average price is £333,750 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 1, STAG HOUSE, 4A SOMERSET STREET: £267,500 (Sold on 20 May 2021)
    • The first recorded sale happened at this postcode is FLAT 7, STAG HOUSE, 4 SOMERSET STREET: £400,000 (Sold on 10 May 2023)
  • Other
    • The average price is around £314,000 median price is £314,000 Standard Deviation is £14,000 with Total Sold: 2
    • The Last 5 Year average price is £300,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GROUND FLOOR, 2 SOMERSET STREET: £300,000 (Sold on 23 Aug 2019)
    • The first recorded sale happened at this postcode is GROUND FLOOR, 2 SOMERSET STREET: £328,000 (Sold on 28 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average BN2 1GW house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£267,500 £4,385 1
2018£325,000 £5,328 1
2014£311,421 £4,096 7
2023£400,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£300,0001
2018£328,0001

All the Sales in the SOMERSET STREET, BN2 1GW

See the table below for more details on the sold house prices in the BN2 1GW, Brighton and Hove postcode.

AddressSold DatePrice% Change
FLAT 1, STAG HOUSE, 4A SOMERSET STREETFlat, LeaseholdArea: 61 Sq.mtr20 May 2021£267,5009.18%
17 Oct 2014£245,000First Sale
GROUND FLOOR, 2 SOMERSET STREETOther, Leasehold23 Aug 2019£300,000-8.54%
28 Jun 2018£328,000First Sale
FLAT 2, STAG HOUSE, 4 SOMERSET STREETFlat, LeaseholdArea: 61 Sq.mtr30 May 2018£325,00012.07%
13 Oct 2014£290,000First Sale
FLAT 5, STAG HOUSE, 4 SOMERSET STREETFlat, LeaseholdArea: 90 Sq.mtrAge: 2012 onwards30 Oct 2014£350,000First Sale
FLAT 8, STAG HOUSE, 4 SOMERSET STREETFlat, LeaseholdArea: 87 Sq.mtr30 Oct 2014£335,000First Sale
FLAT 9, STAG HOUSE, 4 SOMERSET STREETFlat, LeaseholdArea: 93 Sq.mtr30 Oct 2014£365,000First Sale
FLAT 4, STAG HOUSE, 4 SOMERSET STREETFlat, LeaseholdArea: 87 Sq.mtr30 Oct 2014£325,000First Sale
FLAT 3, STAG HOUSE, 4 SOMERSET STREETFlat, LeaseholdArea: 60 Sq.mtr23 Oct 2014£269,950First Sale
FLAT 7, STAG HOUSE, 4 SOMERSET STREETFlat, Leasehold10 May 2023£400,000First Sale

Check out the sold house prices near the BN2 1GW postcode. Properties currently for saleProperties currently for rent

SOMERSET STREET, BN2 1GW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN2 1GW postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BN2 1GW postcode.

  • Terraced
    • The average price is around £322,172 median price is £269,950 Standard Deviation is £306,100 with Total Sold: 2,466
    • The Last 5 Year average price is £640,829 with Total Sold: 296
    • The most recent sale happened at this postcode is , 7 CUTHBERT ROAD: £750,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 DEVONSHIRE PLACE: £110,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £177,365 median price is £150,000 Standard Deviation is £132,526 with Total Sold: 5,743
    • The Last 5 Year average price is £312,966 with Total Sold: 761
    • The most recent sale happened at this postcode is GROUND FLOOR FLAT, 28 DEVONSHIRE PLACE: £314,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 12, STAFFORD COURT, 107 EDWARD STREET: £23,000 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £718,272 median price is £340,000 Standard Deviation is £1,453,543 with Total Sold: 139
    • The Last 5 Year average price is £977,003 with Total Sold: 74
    • The most recent sale happened at this postcode is , 53 GREAT COLLEGE STREET: £1,200,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 72 EDWARD STREET: £285,000 (Sold on 25 Sep 2013)
  • Semi-Detached
    • The average price is around £369,789 median price is £250,000 Standard Deviation is £321,904 with Total Sold: 253
    • The Last 5 Year average price is £769,606 with Total Sold: 21
    • The most recent sale happened at this postcode is , 43 SUTHERLAND ROAD: £540,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 ST JAMES'S AVENUE: £80,000 (Sold on 24 Feb 1995)
  • Detached
    • The average price is around £477,705 median price is £350,000 Standard Deviation is £478,554 with Total Sold: 100
    • The Last 5 Year average price is £1,365,625 with Total Sold: 8
    • The most recent sale happened at this postcode is , 13 BRISTOL ROAD: £2,850,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 9 WENTWORTH STREET: £48,000 (Sold on 15 Nov 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£625,053 £5,186 19
2023£632,250 £6,115 42
2022£876,275 £8,098 49
2021£589,871 £5,336 82
2020£537,749 £5,235 50
2019£612,235 £5,110 54
2018£555,300 £5,281 53
2017£559,555 £5,061 55
2016£550,775 £5,191 62
2015£529,446 £4,670 86
2014£479,432 £4,409 81
2013£426,309 £3,772 70
2012£375,397 £3,626 57
2011£397,188 £3,867 67
2010£348,454 £3,745 79
2009£335,652 £3,533 56
2008£344,955 £3,469 44
2007£360,372 £3,394 121
2006£332,898 £3,045 108
2005£303,838 £2,735 75
2004£293,901 £3,132 85
2003£262,605 £2,452 119
2002£211,608 £2,096 120
2001£200,611 £2,150 154
2000£159,665 £1,583 115
1999£126,506 £1,202 139
1998£110,144 £1,109 91
1997£83,174 £1,007 121
1996£75,998 £760 125
1995£72,643 £654 87
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£348,073 £5,515 41
2023£326,296 £5,426 103
2022£326,651 £5,485 183
2021£317,177 £5,622 195
2020£294,426 £4,918 107
2019£281,498 £4,738 132
2018£295,440 £5,345 150
2017£290,313 £5,228 159
2016£274,510 £4,840 163
2015£239,448 £4,412 183
2014£231,393 £3,954 212
2013£219,588 £3,781 162
2012£206,561 £3,627 142
2011£186,214 £3,617 128
2010£210,330 £3,649 140
2009£191,541 £3,322 135
2008£205,057 £3,369 119
2007£197,269 £3,762 268
2006£177,795 £3,381 300
2005£162,277 £3,117 226
2004£150,586 £2,879 260
2003£148,445 £2,602 254
2002£139,713 £2,354 319
2001£129,644 £2,091 301
2000£82,541 £1,555 288
1999£66,955 £1,162 289
1998£52,779 £902 262
1997£46,607 £793 224
1996£45,934 £713 170
1995£41,939 £721 128
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£905,4005
2023£713,216 £6,148 10
2022£1,435,773 £5,207 11
2021£489,294 £8,759 17
2020£1,042,150 £450 8
2019£1,225,666 £2,706 23
2018£436,908 £4,515 21
2017£487,485 £5,719 19
2016£372,546 £7,742 13
2015£261,9108
2014£627,000 £5,435 3
2013£285,000 £3,474 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£540,0001
2023£827,500 £7,063 2
2022£1,395,000 £6,872 1
2021£706,371 £5,326 6
2020£871,571 £6,149 7
2019£558,125 £4,415 4
2018£1,131,500 £6,122 5
2017£471,571 £4,109 7
2016£912,500 £6,337 4
2015£470,000 £5,910 2
2014£402,000 £2,407 1
2013£616,667 £4,451 3
2012£697,329 £4,985 7
2011£547,250 £3,964 4
2010£559,750 £4,244 8
2009£233,333 £3,480 3
2008£619,808 £4,118 13
2007£510,411 £3,324 14
2006£313,567 £2,842 15
2005£283,611 £2,389 9
2004£264,695 £3,482 10
2003£313,933 £3,143 14
2002£310,930 £2,125 15
2001£215,625 £1,896 10
2000£219,531 £1,805 19
1999£151,200 £1,196 15
1998£146,750 £1,188 20
1997£132,242 £1,182 13
1996£109,875 £856 8
1995£80,958 £748 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,850,0001
2023£1,700,000 £10,968 1
2022£895,0001
2021£975,000 £9,904 2
2020£1,710,000 £5,938 1
2019£910,000 £5,632 2
2017£1,300,000 £7,692 1
2016£1,570,000 £8,545 2
2015£490,000 £4,900 1
2014£1,200,000 £4,240 1
2012£625,0001
2011£513,500 £3,731 2
2010£876,250 £3,072 2
2009£332,000 £3,570 5
2008£487,500 £4,088 2
2007£685,790 £3,864 5
2006£383,045 £3,591 5
2005£373,333 £3,050 3
2004£456,000 £3,514 6
2003£457,3205
2002£441,632 £1,973 11
2001£270,333 £2,234 3
2000£317,938 £2,964 8
1999£229,286 £1,389 7
1998£95,600 £1,213 5
1997£136,906 £868 8
1996£218,812 £589 8
1995£48,000 £750 1

House Type in BN2 1GW area

The most common house types in the BN2 1GW postcode area are Flat (131), Terraced (16), and Detached (3).

Total154
Flat131
Terraced16
Detached3
converted building3
Semi-detached1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (99), and Private rented: Private landlord or letting agency (18).

Social rented: Rents from council or Local Authority99
Private rented: Private landlord or letting agency18
Owned: Owns outright16
Owned: Owns with a mortgage or loan10
Social rented: Other social rented9
Lives rent free3
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the BN2 1GW have 1 person in household (103), and 2 people in household (30).

1 person in household103
2 people in household30
3 people in household17
4 people in household5
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0