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Eastbourne House Prices Eastbourne House Prices

The average house price in Eastbourne is £277,686 using HM Land Registry data.

The average property price increased by £69,289 (25.9%) over the last 5 years and increased by £13,848 (4.29%) over the last 12 months.

Over the last year, there were 1,232 residential property sales – a decrease of 592 transactions (-48.05%) relative to the previous year. The majority of house sales (316) were in the £220,000 - £290,000 range. Then came properties in the £290,000 - £360,000 range, where 242 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,515 (-2%).

In April 2024, there were 341 new estate agency instructions, 173 agreed home sales and 213 property price reductions.

Neighbouring Areas: Stone Cross, Lower Willingdon

Postcodes Covered: BN20, BN21, BN22, BN23

5-Year Average Property Prices in Eastbourne

25.9%

Property prices in Eastbourne increased by 25.9% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Eastbourne Over the Last Year

4.29%

Property prices in Eastbourne increased by 4.29% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Eastbourne - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Eastbourne

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Eastbourne

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Eastbourne

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Eastbourne since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Eastbourne area since 1995.

Recent Property Sales in Eastbourne

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
25 Old Camp Road, Eastbourne, East Sussex, BN20 8DL£850,000£825,000-£25,00006 Mar 202419 Mar 202413 Days
Flat 4, Youl Grange, Link Road, Eastbourne, East Sussex, BN20 7TR£325,000£320,000-£5,00006 Sep 202314 Mar 2024190 Days
72 Firle Road, Eastbourne, East Sussex, BN22 8EG£320,000£320,000£0009 Oct 202312 Mar 2024155 Days
2 Fleming Close, Eastbourne, East Sussex, BN23 7AF£400,000£390,000-£10,00012 Sep 202311 Mar 2024181 Days
15 Attfield Walk, Eastbourne, East Sussex, BN22 9JP£239,950£225,000-£14,95012 Dec 202308 Mar 202487 Days
42 Wilton Avenue, Eastbourne, East Sussex, BN22 9HZ£275,000£265,000-£10,00015 Nov 202308 Mar 2024114 Days
14 Durrell Close, Eastbourne, East Sussex, BN23 7AN£350,000£340,000-£10,00024 Nov 202308 Mar 2024105 Days
40 Furness Road, Eastbourne, East Sussex, BN20 7DD£325,000£310,000-£15,00028 Nov 202306 Mar 202499 Days
21 Stuart Avenue, Eastbourne, East Sussex, BN21 1UR£450,000£445,000-£5,00013 Nov 202329 Feb 2024108 Days
20 Letheren Place, Eastbourne, East Sussex, BN21 1HL£540,000£535,000-£5,00004 Oct 202329 Feb 2024148 Days
2 The Grove, Ratton, Eastbourne, East Sussex, BN20 9DA£750,000£745,000-£5,00007 Jul 202329 Feb 2024237 Days
10 Golding Road, Eastbourne, East Sussex, BN23 7AW£350,000£325,000-£25,00004 Sep 202326 Feb 2024175 Days
Flat 56, Andwell Court, Trinity Place, Eastbourne, East Sussex, BN21 3DB£169,950£164,000-£5,95010 Oct 202323 Feb 2024136 Days
Flat 2, Staveley Mead, Buxton Road, Eastbourne, East Sussex, BN20 7LB£500,000£490,000-£10,00011 Jul 202223 Feb 2024592 Days
6 Old Mansion Close, Eastbourne, East Sussex, BN20 9DP£600,000£595,000-£5,00018 Aug 202323 Feb 2024189 Days
17 Cabot Close, Eastbourne, East Sussex, BN23 6RT£625,000£600,000-£25,00014 Aug 202323 Feb 2024193 Days
16 Hereward Road, Eastbourne, East Sussex, BN23 6TG£269,950£260,000-£9,95019 Sep 202323 Feb 2024157 Days
9 Lawrence Close, Eastbourne, East Sussex, BN23 7NH£270,000£270,000£0009 Oct 202323 Feb 2024137 Days
6 Weatherby Close, Eastbourne, East Sussex, BN21 2XB£825,000£821,000-£4,00026 Jul 202322 Feb 2024211 Days
70 Willingdon Park Drive, Eastbourne, East Sussex, BN22 0BY£525,000£500,000-£25,00007 Sep 202316 Feb 2024162 Days

Most Expensive Streets in Eastbourne

PostcodeStreetAreaAverageNo. of Sales
BN20 7UPMeads BrowEastbourne£1,173,0005
BN20 8DHOld Camp RoadEastbourne£1,046,0005
BN20 8DQSummerdown RoadEastbourne£1,008,7504
BN20 7UJBaslow RoadEastbourne£1,001,6663
BN20 8AQRectory CloseEastbourne£876,6663
BN20 7TQHyde Tynings CloseEastbourne£861,8754
BN20 7RXHolywell CloseEastbourne£857,9647
BN20 8DBFairway CloseEastbourne£853,3336
BN20 7ENCarlisle RoadEastbourne£848,8336
BN20 9DBThe CombeEastbourne£829,1666

Least Expensive Streets in Eastbourne

PostcodeStreetAreaAverageNo. of Sales
BN21 3UWHomelatch HouseSt Leonards Road£72,5006
BN21 3YEHomegate HouseThe Avenue£76,6059
BN22 8XPTutts Barn LaneEastbourne£92,4983
BN21 3QSSt Leonards RoadEastbourne£93,80518
BN21 3HASusans RoadEastbourne£94,5217
BN20 7PZHomeglade HouseSt Johns Road£95,6258
BN21 1SBCheriton Court 133-135Green Street, Eastbourne£98,64010
BN21 2ABHartfield RoadEastbourne£98,8333
BN21 1EUUpperton RoadEastbourne£100,2147
BN22 8AFLangney RoadEastbourne£102,6427

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