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Pevensey Bay House Prices Pevensey Bay House Prices

The average house price in Pevensey Bay is £235,000 using HM Land Registry data.

The average property price increased by £112,060 (40.14%) over the last 5 years and increased by £22,396 (6.07%) over the last 12 months.

Over the last year, there were 43 residential property sales – a decrease of 21 transactions (-48.84%) relative to the previous year. The majority of house sales (13) were in the £308,000 - £382,000 range. Then came properties in the £234,000 - £308,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 148 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,718 (-3%).

In April 2024, there were 14 new estate agency instructions, 7 agreed home sales and 2 property price reductions.

Postcodes Covered: BN24

5-Year Average Property Prices in Pevensey Bay

40.14%

Property prices in Pevensey Bay increased by 40.14% 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 Pevensey Bay Over the Last Year

6.07%

Property prices in Pevensey Bay increased by 6.07% 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 Pevensey Bay - 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 Pevensey Bay

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 Pevensey Bay

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 Pevensey Bay

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 Pevensey Bay since 1995

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

Recent Property Sales in Pevensey Bay

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
26 Mountney Drive, Pevensey Bay, Pevensey, East Sussex, BN24 6SH£270,000£255,000-£15,00015 Nov 202311 Jan 202457 Days
50 Maresfield Drive, Pevensey Bay, Pevensey, East Sussex, BN24 6RX£240,000£235,000-£5,00011 Jul 201520 Dec 20233084 Days
13 Innings Drive, Pevensey Bay, Pevensey, East Sussex, BN24 6BJ£360,000£350,000-£10,00004 May 202328 Nov 2023208 Days
55 Mountney Drive, Pevensey Bay, Pevensey, East Sussex, BN24 6SH£335,000£325,000-£10,00028 Sep 202221 Jun 2023266 Days
36 Waverley Gardens, Pevensey Bay, Pevensey, East Sussex, BN24 6LD£425,000£415,000-£10,00024 Aug 202206 Apr 2023225 Days
27 Wallsend Road, Pevensey Bay, Pevensey, East Sussex, BN24 6AB£549,950£525,000-£24,95026 Jan 202308 Feb 202313 Days
193 Coast Road, Pevensey Bay, Pevensey, East Sussex, BN24 6NX£325,000£315,000-£10,00016 Nov 202203 Feb 202379 Days
93 Coast Road, Pevensey Bay, Pevensey, East Sussex, BN24 6NE£415,000£385,000-£30,00020 Oct 202230 Jan 2023102 Days
30 Innings Drive, Pevensey Bay, Pevensey, East Sussex, BN24 6BH£400,000£390,000-£10,00001 Sep 202203 Nov 202263 Days
28 Val Prinseps Road, Pevensey Bay, Pevensey, East Sussex, BN24 6JD£750,000£700,000-£50,00013 Apr 202214 Oct 2022184 Days
Little Martlets, Castleross Road, Pevensey Bay, Pevensey, East Sussex, BN24 6JB£575,000£575,000£0027 Jan 202231 Aug 2022216 Days
26 Sunset Close, Pevensey Bay, Pevensey, East Sussex, BN24 6SA£450,000£450,000£0016 May 202226 Aug 2022102 Days
23 Sunset Close, Pevensey Bay, Pevensey, East Sussex, BN24 6SA£315,000£315,000£0023 Jan 202204 Aug 2022193 Days
34 Coast Road, Pevensey Bay, Pevensey, East Sussex, BN24 6AH£355,000£352,000-£3,00009 Feb 202215 Jun 2022126 Days
130 Eastbourne Road, Pevensey Bay, Pevensey, East Sussex, BN24 6JJ£385,000£370,000-£15,00007 Dec 202130 May 2022174 Days
14 Grenville Road, Pevensey Bay, Pevensey, East Sussex, BN24 6BP£310,000£290,000-£20,00023 Jun 202118 Mar 2022268 Days
18 Camber Drive, Pevensey Bay, Pevensey, East Sussex, BN24 6RN£325,000£318,000-£7,00005 Nov 202128 Feb 2022115 Days
31 Wallsend Road, Pevensey Bay, Pevensey, East Sussex, BN24 6AB£325,000£325,000£0029 Oct 202117 Dec 202149 Days
42 Coast Road, Pevensey Bay, Pevensey, East Sussex, BN24 6LP£325,000£325,000£0024 Jul 202105 Nov 2021104 Days
Flat 9, Norman Court, Eastbourne Road, Pevensey Bay, Pevensey, East Sussex, BN24 6EJ£174,500£174,500£0020 Mar 202115 Oct 2021209 Days

Most Expensive Streets in Pevensey Bay

PostcodeStreetAreaAverageNo. of Sales
BN24 6NRCoast RoadPevensey Bay£605,2899
BN24 6NUCoast RoadPevensey Bay£599,9568
BN24 6LUChannel View RoadPevensey Bay£598,4874
BN24 6JBCastleross RoadPevensey Bay£450,0003
BN24 6JUCastle DrivePevensey Bay£410,6663
BN24 6NYCoast RoadPevensey Bay£402,1874
BN24 6ABWallsend RoadPevensey Bay£392,5003
BN24 6JHVal Prinseps RoadPevensey Bay£378,1254
BN24 6JARosetti RoadPevensey Bay£368,4005
BN24 6LPCoast RoadPevensey Bay£365,8333

Least Expensive Streets in Pevensey Bay

PostcodeStreetAreaAverageNo. of Sales
BN24 6NLCuckmere HouseCoast Road£100,3163
BN24 6EUPevensey Court FlatsEastbourne Road£152,8333
BN24 6EDCoast RoadPevensey Bay£158,3163
BN24 6AXRichmond RoadPevensey Bay£181,7506
BN24 6BSCadogan CourtGrenville Road£191,6663
BN24 6NFBexfield CourtCoast Road£193,6254
BN24 6ELWarminster CourtWarminster Road£199,2504
BN24 6BTMartello CourtGrenville Road£201,8905
BN24 6BXRaglan CourtTimberlaine Road£213,3217
BN24 6BYClarence CourtTimberlaine Road£215,7147

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