Housing Market Analysis for SPENCES LANE, BN7 2HG

Are you looking to understand BN7 2HG 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 Lewes postcode.

For the location information and nearby amenities in the BN7 2HG area, explore the BN7 2HG Area information page.
For comprehensive crime statistics in the BN7 2HG area, explore the BN7 2HG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BN7 2HG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £496,250 median price is £387,500 Standard Deviation is £256,232 with Total Sold: 4
    • The Last 5 Year average price is £925,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 61 SPENCES LANE: £925,000 (Sold on 30 Aug 2022)
    • The first recorded sale happened at this postcode is 59 SPENCES LANE: £285,000 (Sold on 28 May 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average BN7 2HG 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£925,000 £6,379 1
2016£460,000 £3,718 1
2005£315,000 £2,442 1
2004£285,000 £2,209 1

All the Sales in the SPENCES LANE, BN7 2HG

See the table below for more details on the sold house prices in the BN7 2HG, Lewes postcode.

AddressSold DatePrice% Change
61 SPENCES LANEDetached, FreeholdArea: 145 Sq.mtrAge: 1900-192930 Aug 2022£925,000First Sale
59 SPENCES LANEDetached, FreeholdArea: 123.71 Sq.mtrAge: 1983-199015 Jan 2016£460,00046.03%
15 Jul 2005£315,00010.53%
28 May 2004£285,000First Sale

Check out the sold house prices near the BN7 2HG postcode. Properties currently for saleProperties currently for rent

SPENCES LANE, BN7 2HG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN7 2HG 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 BN7 2HG postcode.

  • Terraced
    • The average price is around £239,671 median price is £229,950 Standard Deviation is £136,321 with Total Sold: 419
    • The Last 5 Year average price is £395,463 with Total Sold: 78
    • The most recent sale happened at this postcode is , 109 MALLING STREET: £250,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 9 WHEATSHEAF GARDENS: £70,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £148,330 median price is £134,950 Standard Deviation is £98,185 with Total Sold: 231
    • The Last 5 Year average price is £242,885 with Total Sold: 43
    • The most recent sale happened at this postcode is , 19 MALLING CLOSE: £238,500 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 53 PRINCE CHARLES ROAD: £36,950 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £232,237 median price is £229,000 Standard Deviation is £139,473 with Total Sold: 388
    • The Last 5 Year average price is £423,561 with Total Sold: 59
    • The most recent sale happened at this postcode is , 11 QUEENS ROAD: £361,500 (Sold on 11 Apr 2024)
    • The first recorded sale happened at this postcode is , 9 CRANMER CLOSE: £59,000 (Sold on 16 Mar 1995)
  • Detached
    • The average price is around £375,172 median price is £333,750 Standard Deviation is £214,648 with Total Sold: 80
    • The Last 5 Year average price is £689,688 with Total Sold: 13
    • The most recent sale happened at this postcode is , 24 CHURCH LANE: £500,000 (Sold on 17 Oct 2023)
    • The first recorded sale happened at this postcode is , ANSLEY MALLING HILL: £99,000 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £2,482,858 median price is £1,300,000 Standard Deviation is £4,036,277 with Total Sold: 17
    • The Last 5 Year average price is £3,940,798 with Total Sold: 7
    • The most recent sale happened at this postcode is , THE MALLINGS, 112 MALLING STREET: £1,300,000 (Sold on 26 Aug 2021)
    • The first recorded sale happened at this postcode is , 9 MALLING DOWN: £230,000 (Sold on 27 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£408,956 £4,580 8
2023£539,845 £5,218 10
2022£423,312 £5,125 21
2021£364,472 £4,762 18
2020£333,121 £4,386 12
2019£303,167 £4,307 9
2018£377,795 £3,896 10
2017£317,182 £4,470 11
2016£323,812 £3,792 8
2015£350,965 £3,417 26
2014£312,498 £3,692 26
2013£279,927 £3,198 15
2012£217,050 £3,297 10
2011£251,562 £3,194 12
2010£225,318 £3,409 11
2009£231,568 £2,396 14
2008£266,292 £3,236 12
2007£228,043 £2,916 17
2006£219,706 £2,780 16
2005£163,802 £2,436 13
2004£182,775 £2,385 16
2003£147,543 £1,997 14
2002£137,639 £1,763 23
2001£97,000 £1,372 5
2000£98,939 £1,675 9
1999£86,818 £1,132 20
1998£71,290 £1,011 15
1997£66,410 £863 15
1996£57,989 £753 14
1995£55,333 £759 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,300 £4,361 5
2023£268,509 £4,158 11
2022£300,704 £4,671 12
2021£184,500 £3,542 4
2020£186,625 £3,647 4
2019£180,143 £4,059 7
2018£198,188 £3,518 4
2017£263,106 £4,442 9
2016£277,535 £4,437 13
2015£218,805 £4,103 10
2014£218,000 £3,760 16
2013£74,634 £1,137 16
2012£150,250 £3,250 4
2011£145,750 £2,988 4
2010£155,000 £3,075 1
2009£137,375 £3,381 4
2008£81,2305
2007£162,875 £3,161 8
2006£117,908 £2,586 12
2005£114,667 £2,209 3
2004£123,612 £2,451 4
2003£101,545 £2,318 11
2002£70,385 £1,902 10
2001£68,992 £1,476 6
2000£59,333 £1,462 6
1999£50,318 £1,258 11
1998£47,917 £1,005 9
1997£36,188 £892 8
1996£32,643 £907 7
1995£33,814 £763 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£643,900 £5,075 5
2023£427,536 £5,441 14
2022£506,500 £5,861 7
2021£385,233 £4,745 15
2020£358,556 £4,720 9
2019£359,344 £4,112 9
2018£354,240 £4,095 10
2017£319,800 £4,434 10
2016£334,550 £4,192 9
2015£323,292 £3,971 12
2014£313,592 £3,732 20
2013£300,959 £3,339 16
2012£283,432 £3,260 14
2011£227,500 £2,899 18
2010£231,900 £2,953 15
2009£187,264 £2,718 7
2008£257,939 £2,744 9
2007£233,644 £2,908 17
2006£218,987 £2,812 23
2005£188,436 £2,890 11
2004£184,750 £2,124 8
2003£164,997 £1,855 15
2002£145,670 £1,679 16
2001£126,866 £1,556 15
2000£108,079 £1,307 12
1999£82,900 £992 10
1998£76,101 £840 14
1997£62,806 £810 20
1996£51,803 £638 19
1995£58,464 £799 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£717,612 £6,275 4
2022£865,833 £6,322 3
2021£635,000 £5,435 4
2020£450,000 £4,639 1
2019£508,000 £3,277 1
2018£430,000 £5,589 2
2017£425,000 £4,415 3
2016£695,000 £3,607 2
2015£437,488 £4,855 4
2014£460,000 £2,968 1
2013£367,000 £3,031 2
2011£375,833 £3,370 6
2010£469,000 £2,324 2
2009£235,000 £2,707 3
2008£270,833 £3,021 3
2007£362,000 £3,608 4
2006£299,500 £2,650 6
2005£341,000 £2,442 2
2004£372,000 £2,290 5
2003£216,167 £1,782 3
2002£385,0002
2001£263,750 £1,754 2
2000£237,000 £1,635 3
1999£126,332 £1,081 3
1998£78,000 £865 2
1997£162,500 £915 2
1996£117,617 £593 3
1995£105,750 £690 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£9,650,0002
2020£1,868,8974
2019£810,0001
2018£1,351,6673
2017£1,084,0002
2016£3,000,0001
2015£1,723,3333
2013£230,000 £2,911 1

House Type in BN7 2HG area

The most common house types in the BN7 2HG postcode area are Semi-detached (67), Terraced (67), and Flat (42).

Total192
Semi-detached67
Terraced67
Flat42
Detached16
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright63
Owned: Owns with a mortgage or loan60
Private rented: Private landlord or letting agency41
Shared ownership: Shared ownership12
Social rented: Rents from council or Local Authority7
Private rented: Other private rented7
Social rented: Other social rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the BN7 2HG have 1 person in household (68), and 2 people in household (64).

1 person in household68
2 people in household64
3 people in household29
4 people in household25
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0