Lewes house prices increased slightly in August

General view of estate agents signs outside a block of flats in Basingstoke, Hampshire.General view of estate agents signs outside a block of flats in Basingstoke, Hampshire.
General view of estate agents signs outside a block of flats in Basingstoke, Hampshire.
House prices increased slightly, by 0.3%, in Lewes in August, new figures show.

House prices increased slightly, by 0.3%, in Lewes in August, new figures show.

The rise contributes to the longer-term trend, which has seen property prices in the area grow by 2% over the last year.

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The average Lewes house price in August was £409,524, Land Registry figures show – a 0.3% increase on July.

Over the month, the picture was similar to that across the South East, where prices decreased 0.1%.

Over the last year, the average sale price of property in Lewes rose by £8,100 – putting the area 15th among the South East’s 64 local authorities with price data for annual growth.

The highest annual growth in the region was in Oxford, where property prices increased on average by 6.8%, to £508,000. At the other end of the scale, properties in Hastings lost 10.4% of their value, giving an average price of £261,000.

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