Average Price for property in Spences Lane, Lewes, BN7 is around £239,299 which varies based on type of property you are interested in and ranges from £426,092 for detached house to around £304,414 for semi-detached. Similarly terraced house is around £311,446 and a flat is worth £158,938. Values have been changing and have risen £772 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,504 in last 6 months, £10,151 in last 1 year, £27,045 in last 2 years, £31,033 in last 3 years, £36,138 in last 4 years and £37,036 in last 5 years.
Currently average asking price of a property in Spences Lane, Lewes, BN7 is around £498,905 based on approximately 6 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 Spences Lane, Lewes, BN7 is £239,299. Average asking price is £498,905 while average price paid is £265,000 which is up by £10,151 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 Spences Lane, Lewes, BN7 area. In last 1 year alone average price buyer paid is around £265,000 based on approximately 6 sales in Spences Lane, Lewes, BN7 area alone. If you compare it to last 3 years sales of 21 properties where buyers paid around £209,888. 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 £205,650 for 31 and average amount paid for purchase of approx. 37 properties sold in last 7 years comes to about £201,004 per sale.