Values have been changing and have risen £236 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £629 in last 6 months, £11,246 in last 1 year, £21,090 in last 2 years, £24,068 in last 3 years, £24,255 in last 4 years and £23,487 in last 5 years.
Currently average asking price of a property in Elphick Road, Newhaven, BN9 is around £199,886 based on approximately 5 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £1,160 per month.
Estimated property value in Elphick Road, Newhaven, BN9 is £170,638. Average asking price is £199,886 while average price paid is £169,700 which is up by £11,246 and Avg. asking rent £1,160.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Elphick Road, Newhaven, BN9 area. In last 1 year alone average price buyer paid is around £169,700 based on approximately 5 sales in Elphick Road, Newhaven, BN9 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £146,262. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £142,889 for 23 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £143,220 per sale.