Housing Market Analysis for SPENCES LANE, BN7 2NW

Are you looking to understand BN7 2NW 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 2NW area, explore the BN7 2NW Area information page.
For comprehensive crime statistics in the BN7 2NW area, explore the BN7 2NW Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £94,647 median price is £72,450 Standard Deviation is £50,052 with Total Sold: 36
- The Last 5 Year average price is £172,000 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 18, CASTLE COURT SPENCES LANE: £187,000 (Sold on 15 Aug 2022)
- The first recorded sale happened at this postcode is FLAT 18, CASTLE COURT SPENCES LANE: £35,000 (Sold on 20 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average BN7 2NW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£179,833	£4,435	3
2020	£176,250	£4,353	2
2019	£140,000	£3,684	1
2018	£179,000	£4,262	1
2017	£151,000	£3,730	2
2015	£145,000	£4,028	1
2014	£135,000	£3,214	1
2011	£120,000	£3,228	1
2006	£110,000	£2,895	1
2004	£102,500	£2,770	1
2003	£87,000		1
2002	£71,308	£1,792	6
2001	£68,317	£1,776	3
2000	£57,750	£1,582	2
1999	£51,600	£1,246	5
1998	£47,000	£1,119	1
1997	£35,750	£941	2
1996	£35,000	£877	2

All the Sales in the SPENCES LANE, BN7 2NW

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

Address	Sold Date	Price	% Change
FLAT 18, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	15 Aug 2022	£187,000	3.31%
	24 Apr 2020	£181,000	17.15%
	10 Oct 2017	£154,500	125.55%
	31 Jan 2002	£68,500	95.71%
	20 Sep 1996	£35,000	First Sale
FLAT 12, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 42 Sq.mtrAge: 1967-1975	06 May 2022	£185,500	3.63%
	16 Feb 2018	£179,000	32.59%
	08 Oct 2014	£135,000	104.55%
	01 Mar 2002	£66,000	40.43%
	30 Nov 1998	£47,000	First Sale
FLAT 9, CASTLE COURT SPENCES LANEFlat, Leasehold	04 Apr 2022	£167,000	138.74%
	23 Jul 2001	£69,950	30.75%
	22 Dec 1999	£53,500	First Sale
FLAT 17, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-1990	17 Jun 2020	£171,500	16.27%
	19 Apr 2017	£147,500	First Sale
FLAT 2, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 38 Sq.mtrAge: 1976-1982	13 May 2019	£140,000	283.56%
	30 Apr 1997	£36,500	First Sale
FLAT 13, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 36 Sq.mtrAge: 1983-1990	06 Nov 2015	£145,000	First Sale
FLAT 5, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 37.18 Sq.mtrAge: 1976-1982	15 Jul 2011	£120,000	103.39%
	09 Aug 2002	£59,000	First Sale
FLAT 11, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-1990	09 May 2006	£110,000	46.76%
	01 Feb 2002	£74,950	11.87%
	07 Sep 2001	£67,000	91.43%
	24 Apr 1997	£35,000	First Sale
FLAT 10, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 37 Sq.mtrAge: 1967-1975	10 Dec 2004	£102,500	25.92%
	11 Jun 2002	£81,400	39.15%
	13 Jan 2000	£58,500	First Sale
FLAT 6, CASTLE COURT SPENCES LANEFlat, Leasehold	10 Oct 2003	£87,000	52.63%
FLAT 6, CASTLE COURT SPENCES LANEFlat, Leasehold	17 Dec 1999	£57,000	First Sale
FLAT 8, CASTLE COURT SPENCES LANEFlat, Leasehold	30 Aug 2002	£78,000	First Sale
FLAT 7, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 38 Sq.mtrAge: 1991-1995	19 Oct 2001	£68,000	First Sale
FLAT 16, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 36 Sq.mtrAge: 1950-1966	26 Jul 2000	£57,000	First Sale
FLAT 14, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-1990	29 Sep 1999	£53,000	51.43%
	31 Oct 1996	£35,000	First Sale
FLAT 15, CASTLE COURT SPENCES LANEFlat, Leasehold	09 Jul 1999	£49,500	First Sale
FLAT 4, CASTLE COURT SPENCES LANEFlat, LeaseholdArea: 41 Sq.mtrAge: 1996-2002	28 May 1999	£45,000	First Sale

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

SPENCES LANE, BN7 2NW Near By properties

Interactive Map

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

Terraced
- The average price is around £225,179 median price is £215,000 Standard Deviation is £142,179 with Total Sold: 621
- The Last 5 Year average price is £407,188 with Total Sold: 93
- The most recent sale happened at this postcode is , 39 RUSSELL ROW: £340,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 1 LANCASTER STREET: £30,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £159,632 median price is £138,825 Standard Deviation is £151,321 with Total Sold: 244
- The Last 5 Year average price is £278,413 with Total Sold: 51
- 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 , 6 MALLING CLOSE: £39,000 (Sold on 13 Apr 1995)
Semi-Detached
- The average price is around £223,534 median price is £223,000 Standard Deviation is £124,466 with Total Sold: 437
- The Last 5 Year average price is £387,615 with Total Sold: 62
- 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 £418,887 median price is £345,000 Standard Deviation is £276,382 with Total Sold: 76
- The Last 5 Year average price is £758,727 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 £2,241,438 median price is £1,064,000 Standard Deviation is £4,210,675 with Total Sold: 16
- The Last 5 Year average price is £3,340,714 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£450,500	£4,580	6
2023	£492,019	£5,073	16
2022	£433,264	£4,730	21
2021	£408,525	£4,633	20
2020	£369,367	£4,853	15
2019	£298,908	£4,317	15
2018	£350,575	£4,078	16
2017	£368,786	£4,631	14
2016	£335,607	£4,262	14
2015	£343,115	£3,494	27
2014	£312,517	£3,492	26
2013	£279,908	£3,292	27
2012	£252,241	£3,203	23
2011	£237,753	£3,244	22
2010	£231,604	£3,101	14
2009	£217,520	£2,685	23
2008	£242,290	£3,245	22
2007	£252,007	£2,878	18
2006	£208,552	£2,733	26
2005	£185,946	£2,553	20
2004	£193,800	£2,524	23
2003	£141,949	£1,955	16
2002	£135,736	£1,811	33
2001	£110,821	£1,407	22
2000	£102,373	£1,569	13
1999	£80,530	£1,041	26
1998	£66,001	£925	25
1997	£61,730	£822	23
1996	£54,755	£748	32
1995	£59,652	£829	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,300	£4,361	5
2023	£268,509	£4,158	11
2022	£287,278	£4,714	16
2021	£215,200	£3,786	5
2020	£485,417	£3,748	6
2019	£190,500	£4,262	8
2018	£182,583	£3,235	3
2017	£263,106	£4,442	9
2016	£277,139	£4,430	14
2015	£218,805	£4,103	10
2014	£219,533	£3,808	15
2013	£74,634	£1,137	16
2012	£150,250	£3,250	4
2011	£136,000	£3,094	3
2010	£157,500	£3,076	2
2009	£137,375	£3,381	4
2008	£99,775	£2,917	6
2007	£170,889	£3,190	9
2006	£117,908	£2,586	12
2005	£120,983	£2,399	3
2004	£126,242	£2,382	6
2003	£101,545	£2,318	11
2002	£70,385	£1,902	10
2001	£72,493	£1,465	7
2000	£52,446	£1,162	8
1999	£50,154	£1,156	13
1998	£45,406	£991	8
1997	£36,188	£892	8
1996	£69,812	£875	8
1995	£30,938	£848	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£363,833	£5,075	3
2023	£425,033	£5,308	15
2022	£454,643	£5,658	7
2021	£381,536	£4,687	14
2020	£355,700	£4,827	10
2019	£344,931	£4,156	13
2018	£347,850	£4,124	14
2017	£329,800	£4,253	10
2016	£335,871	£4,233	12
2015	£324,955	£3,977	11
2014	£302,492	£3,748	18
2013	£295,075	£3,381	18
2012	£298,504	£3,779	12
2011	£226,176	£2,929	17
2010	£228,464	£2,978	14
2009	£254,812	£3,301	8
2008	£253,445	£2,744	10
2007	£244,316	£3,156	22
2006	£219,119	£2,838	27
2005	£201,420	£2,789	15
2004	£199,318	£2,239	11
2003	£172,759	£1,962	17
2002	£136,361	£1,700	20
2001	£128,861	£1,529	18
2000	£117,025	£1,347	16
1999	£81,079	£1,058	12
1998	£73,606	£857	20
1997	£64,078	£811	21
1996	£54,032	£636	22
1995	£58,418	£799	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£864,090	£6,204	5
2022	£892,500	£7,669	2
2021	£700,000	£5,591	4
2020	£450,000	£4,639	1
2019	£508,000	£3,277	1
2018	£430,000	£5,589	2
2017	£537,500	£4,415	4
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	£559,333	£2,324	3
2009	£235,000	£2,707	3
2008	£270,833	£3,021	3
2007	£472,667	£3,608	3
2006	£355,811	£2,650	7
2005	£341,000	£2,442	2
2004	£480,000	£2,264	4
2003	£249,500	£1,845	2
2001	£263,750	£1,754	2
2000	£258,000	£1,635	2
1999	£106,998	£1,081	2
1998	£78,000	£865	2
1997	£120,000		1
1996	£105,712	£609	4
1995	£105,750	£690	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£6,441,667		3
2020	£1,612,500		2
2019	£417,500		2
2018	£1,238,000		4
2017	£423,000		2
2016	£2,500,000		1
2015	£3,950,000		1
2013	£230,000	£2,911	1

House Type in BN7 2NW area

The most common house types in the BN7 2NW postcode area are Flat (63), Semi-detached (56), and Terraced (24).

Total	143
Flat	63
Semi-detached	56
Terraced	24
Detached	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (46), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	46
Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	29
Social rented: Rents from council or Local Authority	25
Private rented: Other private rented	5
Social rented: Other social rented	2
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the BN7 2NW have 1 person in household (60), and 2 people in household (45).

1 person in household	60
2 people in household	45
4 people in household	19
3 people in household	16
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0