Lewes sees house prices rise more than anywhere else in the South East

Property prices in the town increased by 13.8 per cent over the past 12 months to an average of £357,000 in March, according to Land Registry data.

Across the south east region as a whole, prices increased by 7.9 per cent over the year.

In March alone, house prices in Lewes increased by just over four per cent on the previous month.

Over the last year, prices for all types of properties have increased by more than ten per cent in the town.

Detached homes saw the biggest rise – increasing by 15 per cent to an average of £542,372 in March.

Meanwhile the cost of a semi-detached property rose by 13.8 per cent to an average of £370,309.

A terraced house in Lewes will now set you back £303,739 on average – 14.6 per cent more than last year – while the cost of a flat or maisonette has risen almost 11 per cent to £194,063.

The average price of a home in the south east in March was £349,000 – whereas across the UK as a whole it was £256,000.

The most expensive properties in the South East were in Elmbridge – £662,000 on average – while the cheapest were in Southampton, at an average cost of £219,000.

The highest property prices across the UK were in Kensington and Chelsea, with an average March sale price of £1.3 million.