1. Local & Regional Market Trends
- As of June 2025, average UK asking prices fell 0.3%, with the South East down 1%—though prices remain 0.8% higher year‑on‑year .
- In West Sussex, detached homes currently average around £652k (+2.8% YoY), semi‑detached around £427k (+3.6%) .
2. East Grinstead Overall Snapshot
- Full postal area average: £442k, +0.9% over last year; +40% increase over a decade .
- RH19 postcode (HM Land Registry): average sale price £654.6k, up 3.7% in past year, +24% over 5 years; typical sales take around 74 days.
4. Property Type Averages in East Grinstead
Based on Rightmove & local portals:
- Detached houses: ~£668k (Rightmove), or £728k (Aug 2024)
- Semi‑detached: ~£444k (Rightmove), £469k (Aug 2024)
- Terraced properties:£370k
- Flats: £226–244k
5. Sample Property Listings (Estimated Values)
From recent automated valuations (Resi) :
- Terraced 2‑bed (e.g. 16 Cavalier Way): £298k
- Semi‑detached 3‑bed (e.g. 3 Giffards Close): £404k
- Detached 3‑bed (e.g. 20 Pegasus Way): £541k
- Detached 4‑bed (e.g. 14 Coneyburry Grove): £750k
- Flats: majority estimated between £160k–£300k.
6. Market Dynamics & Outlook
- Transaction volume down 56% Y/Y in RH19, yet prices up, hinting at supply constraints and motivated pricing .
- Sellers are listing more competitively amid increased stock levels .
- Mortgage rates have eased since 2023, yet Stamp Duty revisions are cooling high-end South East markets .
7. Summary & Outlook
- Entry-level (flats/terraced): £225–370k
- Family semi-detached: £400–500k
- Detached homes: £540k–£1.3m, depending on area
- Prime pockets (Dormans Park, Felbridge): often £700k+
- Market remains resilient overall, though modest dips in asking prices may offer opportunities.
Outlook: steady price growth expected, but watch for more realistic pricing due to rising stock and tax/tariff factors.
Next Steps
If you require any advice or would like us to value your property please get in contact. 01342 316 444 0r email [email protected] or visit www.mayhewestates.co.uk
