Average price of a home is £335,807 as 500 properties sell for £167.9m

Most expensive: 33 Eaton Place, Brighton, sold for £1.95 million
Most expensive: 33 Eaton Place, Brighton, sold for £1.95 million

The average price of a home in Brighton and Hove was £335,807.

The average price of a home in Brighton and Hove was £335,807, according to the latest Land Registry data.

A total of 500 homes, with an aggregate value of £167.9 million, were sold in August; six properties - fewer than normal - changed hands for more than £1 million.

Consequently, the latest monthly average is lower than £351,475 in July - which was the highest since records began.

According to the latest data, the average price of different types of properties were:

Detached (49 transactions), with an average price of £587,351 - compared with £659,812 in July and £683,629 in June;

Semi-detached (71 transactions), with an average price of £401,327 - compared with £374,887 in July and £365,061 in June;

Terrace (119 transactions), with an average price of £398,867 - compared with £390,737 in July and £365,451 in June;

Flats and apartments (261 transactions), with an average price of £242,006 - compared with £255,237 in July and £239,781 in June.

For comparison, there were 530 transactions in July, with an aggregate value of £186.3 million.

The figures for each type of home sold in July were: detached - 56 transactions, with an average of of £659,812 ; semi-detached - 75 transactions, with an average of £374,887 ; terrace - 143 transactions, with an average of £390,737 ; flats and apartments - 256 transactions, with an average of £255,237.

The 20 most expensive homes in August

£1,950,000 33 Eaton Place, Brighton, BN2 1EG (Terrace)

£1,860,000 24 Withdean Road, Brighton, BN1 5BL (Detached)

£1,450,000 30 Tongdean Avenue, Hove, BN3 6TN (Detached)

£1,200,000 Rear plot, 57 Tongdean Avenue, Hove, BN3 6TN (Detached)

£1,100,000 48A Florence Road, Brighton, BN1 6DJ (Detached)

£1,019,000 6 Woodruff Avenue, Hove, BN3 6PF (Detached)

£930,000 Flat 13 Kings Gardens, Hove, BN3 2PE (Flat/apartment)

£900,000 29 Chichester Place, Brighton, BN2 1FF (Terrace)

£887,000 42 Osmond Road, Hove, BN3 1TD (Terrace)

£869,000 69 Carlisle Road, Hove, BN3 4FQ (Semi-detached)

£852,500 42 Hill Brow, Hove, BN3 6QH (Detached)

£844,750 24 Shirley Drive, Hove, BN3 6UD (Detached)

£835,000 3 Chalfont Drive, Hove, BN3 6QR (Detached)

£825,000 29 Woodruff Avenue, Hove, BN3 6PG (Semi-detached)

£820,000 180 Tivoli Crescent North, Brighton, BN1 5NA (Detached)

£820,000 48 Pembroke Crescent, Hove, BN3 5DG (Semi-detached)

£815,000 10 Clifton Place, Brighton, BN1 3FN (Terrace)

£805,000 54 Dean Court, Rottingdean, Brighton, BN2 7DJ (Detached)

£785,000 2 Balfour Road, Brighton, BN1 6NA (Terrace)

£785,000 56 Westbourne Gardens, Hove, BN3 5PQ (Semi-detached)

Data produced by Land Registry © Crown copyright 2014.