Values have been changing and have risen £974 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,160 in last 6 months, £12,806 in last 1 year, £34,117 in last 2 years, £39,148 in last 3 years, £45,589 in last 4 years and £46,719 in last 5 years.
Currently average asking price of a property in St. Nicholas Lane, Lewes, BN7 is around £498,905 based on approximately 4 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 St. Nicholas Lane, Lewes, BN7 is £294,422. Average asking price is £498,905 while average price paid is £191,875 which is up by £12,806 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 St. Nicholas Lane, Lewes, BN7 area. In last 1 year alone average price buyer paid is around £191,875 based on approximately 4 sales in St. Nicholas Lane, Lewes, BN7 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £242,139. 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 £237,405 for 27 and average amount paid for purchase of approx. 70 properties sold in last 7 years comes to about £221,460 per sale.