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Lower Willingdon House Prices Lower Willingdon House Prices

The average house price in Lower Willingdon is £408,888 using HM Land Registry data.

The average property price increased by £108,384 (36.21%) over the last 5 years and increased by £21,662 (5.61%) over the last 12 months.

Over the last year, there were 82 residential property sales – a decrease of 80 transactions (-97.56%) relative to the previous year. The majority of house sales (18) were in the £310,000 - £350,000 range. Then came properties in the £270,000 - £310,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 163 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,569 (-2%).

In April 2024, there were 30 new estate agency instructions, 14 agreed home sales and 11 property price reductions.

Neighbouring Areas: Polegate, Eastbourne

Postcodes Covered: BN20, BN22, BN26

5-Year Average Property Prices in Lower Willingdon

36.21%

Property prices in Lower Willingdon increased by 36.21% 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 Lower Willingdon Over the Last Year

5.61%

Property prices in Lower Willingdon increased by 5.61% 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 Lower Willingdon - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Lower Willingdon

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 Lower Willingdon

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 Lower Willingdon

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 Lower Willingdon since 1995

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

Recent Property Sales in Lower Willingdon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Combe Rise, Eastbourne, East Sussex, BN20 9LG£750,000£746,500-£3,50031 Jul 202321 Mar 2024234 Days
26 Huggetts Lane, Eastbourne, East Sussex, BN22 0LU£550,000£517,000-£33,00003 Aug 202313 Feb 2024194 Days
32 Combe Rise, Eastbourne, East Sussex, BN20 9LN£365,000£340,000-£25,00015 Jul 202305 Jan 2024174 Days
27 Anderida Road, Eastbourne, East Sussex, BN22 0PY£429,950£425,000-£4,95027 Sep 202303 Jan 202498 Days
9 Meadows Road, Eastbourne, East Sussex, BN22 0NF£575,000£570,000-£5,00010 Aug 202307 Dec 2023119 Days
60 Seven Sisters Road, Eastbourne, East Sussex, BN22 0NT£360,000£335,000-£25,00022 Sep 202305 Dec 202374 Days
19 Church Street, Willingdon, Eastbourne, East Sussex, BN20 9HR£950,000£930,000-£20,00014 Aug 202305 Dec 2023113 Days
10 The Cloisters, Eastbourne, East Sussex, BN22 0JW£500,000£450,000-£50,00004 Aug 202301 Dec 2023119 Days
9 Cornmill Gardens, Polegate, East Sussex, BN26 5NJ£280,000£270,000-£10,00006 Sep 202323 Nov 202378 Days
20 Downs Road, Eastbourne, East Sussex, BN22 0JJ£425,000£410,000-£15,00020 Sep 202315 Nov 202356 Days
79 Gorringe Valley Road, Eastbourne, East Sussex, BN20 9SR£330,000£317,500-£12,50006 Jun 202310 Nov 2023157 Days
5 Queens Ride, Willingdon, Eastbourne, East Sussex, BN20 9RY£625,000£615,000-£10,00018 Apr 202316 Oct 2023181 Days
81 Church Street, Willingdon, Eastbourne, East Sussex, BN22 0HS£875,000£870,000-£5,00004 May 202311 Oct 2023160 Days
9 The Thatchings, Polegate, East Sussex, BN26 5DT£325,000£315,500-£9,50001 Jun 202309 Oct 2023130 Days
22 Winchester Way, Eastbourne, East Sussex, BN22 0JP£265,000£252,000-£13,00015 May 202306 Oct 2023144 Days
16 Anderida Road, Eastbourne, East Sussex, BN22 0PU£330,000£322,500-£7,50013 Jul 202305 Oct 202384 Days
52 Gorringe Valley Road, Eastbourne, East Sussex, BN20 9SS£325,000£315,000-£10,00018 Jul 202328 Sep 202372 Days
12 Lancing Way, Polegate, East Sussex, BN26 5PL£425,000£410,000-£15,00026 May 202326 Sep 2023123 Days
11 Berwick Close, Eastbourne, East Sussex, BN22 0TA£395,000£385,000-£10,00021 Oct 202231 Aug 2023314 Days
59 Church Street, Willingdon, Eastbourne, East Sussex, BN22 0HR£1,100,000£1,000,000-£100,00004 Jan 202318 Aug 2023226 Days

Most Expensive Streets in Lower Willingdon

PostcodeStreetAreaAverageNo. of Sales
BN22 0HRChurch StreetWillingdon£842,5004
BN22 0HSChurch StreetWillingdon£771,6663
BN20 9JECoopers HillEastbourne£684,0003
BN20 9HPChurch StreetWillingdon£582,5004
BN20 9LGCombe RiseEastbourne£576,1333
BN22 0JWThe CloistersEastbourne£458,7504
BN20 9RLWannock AvenueEastbourne£456,6663
BN26 5PDMill ClosePolegate£451,0005
BN22 0LTHuggetts LaneEastbourne£447,0756
BN20 9NBEastbourne RoadWillingdon£443,3333

Least Expensive Streets in Lower Willingdon

PostcodeStreetAreaAverageNo. of Sales
BN20 9PQScanlan CloseEastbourne£172,8603
BN22 0NDThe LawnsSt Marys Close£184,0508
BN20 9NHWillingdon CourtWillingdon£187,8336
BN20 9NPCarmen CourtEastbourne Road£189,4949
BN22 0NBMartletsEastbourne£191,3333
BN20 9LSMewetts CourtMeachants Lane£202,0004
BN22 0QBAnderida RoadEastbourne£234,5003
BN22 0RROxendean GardensEastbourne£265,0836
BN22 0QXShort Brow CloseEastbourne£268,3333
BN20 9SDWannock LaneEastbourne£269,5004

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