Values have been changing and have risen £826 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,681 in last 6 months, £10,865 in last 1 year, £28,948 in last 2 years, £33,217 in last 3 years, £38,681 in last 4 years and £39,641 in last 5 years.
Currently average asking price of a property in Old Malling Way, Lewes, BN7 is around £498,905 based on approximately 1 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £21,654 per month.
Estimated property value in Old Malling Way, Lewes, BN7 is £260,917. Average asking price is £498,905 while average price paid is £235,000 which is up by £10,865 and Avg. asking rent £21,654.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 Old Malling Way, Lewes, BN7 area. In last 1 year alone average price buyer paid is around £235,000 based on approximately 1 sales in Old Malling Way, Lewes, BN7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £225,142. 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 £221,000 for 10 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £216,219 per sale.