Housing Market Analysis for SPENCES LANE, BN7 2QX

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £174,750 median price is £182,000 Standard Deviation is £82,132 with Total Sold: 7
- The Last 5 Year average price is £292,500 with Total Sold: 1
- The most recent sale happened at this postcode is 76 SPENCES LANE: £292,500 (Sold on 11 Aug 2021)
- The first recorded sale happened at this postcode is 74 SPENCES LANE: £52,250 (Sold on 14 Nov 1995)
Terraced
- The average price is around £116,921 median price is £79,000 Standard Deviation is £68,534 with Total Sold: 7
- The Last 5 Year average price is £260,000 with Total Sold: 1
- The most recent sale happened at this postcode is 72 SPENCES LANE: £260,000 (Sold on 08 Mar 2019)
- The first recorded sale happened at this postcode is 64 SPENCES LANE: £53,000 (Sold on 31 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average BN7 2QX 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£292,500	£5,199	1
2014	£235,000	£4,039	1
2013	£218,500	£3,884	1
2010	£181,000	£3,217	1
2005	£182,000	£3,128	1
1997	£62,000	£1,066	1
1995	£52,250	£898	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£260,000	£4,643	1
2005	£168,950	£2,964	1
2002	£115,000		1
1999	£79,000		1
1998	£71,250	£1,261	2
1995	£53,000	£930	1

All the Sales in the SPENCES LANE, BN7 2QX

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

Address	Sold Date	Price	% Change
76 SPENCES LANESemi-Detached, FreeholdArea: 56.26 Sq.mtrAge: 1983-1990	11 Aug 2021	£292,500	33.87%
	14 Feb 2013	£218,500	20.72%
	15 Jan 2010	£181,000	First Sale
72 SPENCES LANETerraced, FreeholdArea: 56 Sq.mtrAge: 1983-1990	08 Mar 2019	£260,000	266.20%
	16 Oct 1998	£71,000	First Sale
74 SPENCES LANESemi-Detached, FreeholdArea: 58.18 Sq.mtrAge: 1983-1990	19 Jun 2014	£235,000	29.12%
	26 Aug 2005	£182,000	193.55%
	22 Sep 1997	£62,000	18.66%
	14 Nov 1995	£52,250	First Sale
64 SPENCES LANETerraced, FreeholdArea: 57 Sq.mtrAge: 1976-1982	10 Jan 2005	£168,950	136.29%
	24 Aug 1998	£71,500	34.91%
	31 Oct 1995	£53,000	First Sale
62 SPENCES LANETerraced, Freehold	29 Jul 2002	£115,000	45.57%
62 SPENCES LANETerraced, Freehold	02 Dec 1999	£79,000	First Sale

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

SPENCES LANE, BN7 2QX Near By properties

Interactive Map

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

Terraced
- The average price is around £230,443 median price is £220,000 Standard Deviation is £132,504 with Total Sold: 507
- The Last 5 Year average price is £390,401 with Total Sold: 84
- 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 £149,134 median price is £135,000 Standard Deviation is £97,889 with Total Sold: 237
- The Last 5 Year average price is £242,979 with Total Sold: 45
- 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 £230,961 median price is £229,000 Standard Deviation is £137,853 with Total Sold: 414
- The Last 5 Year average price is £418,859 with Total Sold: 63
- 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 £395,639 median price is £333,750 Standard Deviation is £259,806 with Total Sold: 82
- The Last 5 Year average price is £762,568 with Total Sold: 14
- 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 £2,395,715 median price is £1,300,000 Standard Deviation is £3,836,189 with Total Sold: 19
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£408,956	£4,580	8
2023	£539,845	£5,218	10
2022	£423,312	£5,125	21
2021	£370,816	£4,798	19
2020	£330,958	£4,642	13
2019	£298,933	£4,287	13
2018	£367,323	£4,109	13
2017	£310,917	£4,403	12
2016	£321,773	£3,971	11
2015	£347,226	£3,436	27
2014	£312,498	£3,692	26
2013	£285,217	£3,324	18
2012	£212,217	£3,401	15
2011	£255,922	£3,364	16
2010	£231,804	£3,449	13
2009	£225,576	£2,698	19
2008	£264,125	£3,236	15
2007	£235,875	£3,008	19
2006	£216,559	£2,811	22
2005	£165,495	£2,494	15
2004	£185,636	£2,528	21
2003	£146,330	£2,149	17
2002	£139,020	£1,758	30
2001	£119,556	£1,372	9
2000	£99,545	£1,675	10
1999	£83,433	£1,041	25
1998	£70,752	£1,000	18
1997	£65,450	£847	20
1996	£56,292	£751	19
1995	£55,962	£831	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,300	£4,361	5
2023	£268,509	£4,158	11
2022	£292,746	£4,751	14
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	£275,568	£4,390	14
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	£157,500	£3,076	2
2009	£137,375	£3,381	4
2008	£81,230		5
2007	£162,875	£3,161	8
2006	£117,908	£2,586	12
2005	£123,488	£2,292	4
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	£55,240	£1,263	7
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£643,900	£5,075	5
2023	£425,033	£5,308	15
2022	£506,500	£5,861	7
2021	£385,233	£4,745	15
2020	£355,700	£4,827	10
2019	£355,645	£4,117	11
2018	£348,117	£4,254	12
2017	£319,800	£4,434	10
2016	£336,632	£4,271	11
2015	£323,292	£3,971	12
2014	£313,592	£3,732	20
2013	£297,785	£3,412	17
2012	£283,432	£3,260	14
2011	£227,500	£2,899	18
2010	£229,281	£2,977	16
2009	£187,264	£2,718	7
2008	£257,939	£2,744	9
2007	£231,886	£2,927	18
2006	£220,112	£2,812	24
2005	£188,436	£2,890	11
2004	£200,409	£2,281	11
2003	£170,306	£1,855	16
2002	£138,818	£1,678	18
2001	£131,437	£1,556	16
2000	£108,079	£1,307	12
1999	£81,996	£1,049	12
1998	£76,761	£840	15
1997	£65,673	£810	21
1996	£53,226	£649	21
1995	£58,418	£799	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£864,090	£6,204	5
2022	£865,833	£6,322	3
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	£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	£448,600	£3,608	5
2006	£355,811	£2,650	7
2005	£341,000	£2,442	2
2004	£360,000	£2,290	4
2003	£216,167	£1,782	3
2002	£350,000		1
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	£105,712	£609	4
1995	£105,750	£690	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£9,650,000		2
2020	£1,868,897		4
2019	£810,000		1
2018	£1,216,250		4
2017	£1,084,000		2
2016	£2,750,000		2
2015	£1,723,333		3
2013	£230,000	£2,911	1

House Type in BN7 2QX area

The most common house types in the BN7 2QX 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 2QX 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