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Polegate House Prices

The average house price in Polegate is £312,500 using HM Land Registry data.

The average property price increased by £80,199 (31.18%) over the last 5 years and increased by £16,032 (4.99%) over the last 12 months.

Over the last year, there were 130 residential property sales – a decrease of 41 transactions (-31.54%) relative to the previous year. The majority of house sales (33) were in the £276,000 - £324,000 range. Then came properties in the £324,000 - £372,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,438 (-2%).

In June 2024, there were 21 new estate agency instructions, 21 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in Polegate

31.18%

Property prices in Polegate increased by 31.18% 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 Polegate Over the Last Year

4.99%

Property prices in Polegate increased by 4.99% 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.

Property Market Heat Gauge for Polegate - June 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 Polegate

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 Polegate

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 Polegate

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 Polegate since 1995

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

Recent Property Sales in Polegate

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
14 Brightling Road, Polegate, East Sussex, BN26 5DB	£340,000	£335,000	-£5,000	12 Oct 2023	20 May 2024	221 Days
Flat 28, Guardian Court, Brookside Avenue, Polegate, East Sussex, BN26 6DW	£125,000	£125,000	£00	16 Oct 2023	15 May 2024	212 Days
56 Barons Way, Polegate, East Sussex, BN26 5JJ	£285,000	£278,000	-£7,000	27 Mar 2024	15 May 2024	49 Days
14 Barons Way, Polegate, East Sussex, BN26 5JL	£290,000	£280,000	-£10,000	11 Jan 2024	24 Apr 2024	104 Days
13 Cresta Close, Polegate, East Sussex, BN26 6PG	£315,000	£290,000	-£25,000	26 Dec 2023	19 Apr 2024	115 Days
33 Central Avenue, Polegate, East Sussex, BN26 6HA	£345,000	£270,000	-£75,000	27 Oct 2021	12 Apr 2024	898 Days
4 Clement Lane, Polegate, East Sussex, BN26 5DR	£380,000	£380,000	£00	03 Oct 2023	07 Mar 2024	156 Days
8 Clement Lane, Polegate, East Sussex, BN26 5DR	£485,000	£477,500	-£7,500	03 May 2023	05 Jan 2024	247 Days
7 Dover Road, Polegate, East Sussex, BN26 6LA	£400,000	£385,000	-£15,000	04 Sep 2023	15 Dec 2023	102 Days
40 Barons Way, Polegate, East Sussex, BN26 5JJ	£330,000	£310,000	-£20,000	31 Aug 2023	04 Dec 2023	95 Days
13 Mapleleaf Gardens, Polegate, East Sussex, BN26 6PD	£325,000	£322,000	-£3,000	29 Jun 2023	01 Dec 2023	155 Days
21 Sayerland Road, Polegate, East Sussex, BN26 6NX	£360,000	£360,000	£00	14 Aug 2023	30 Nov 2023	108 Days
7 Mapleleaf Gardens, Polegate, East Sussex, BN26 6PD	£390,000	£380,000	-£10,000	11 May 2023	30 Nov 2023	203 Days
8 Porters Way, Polegate, East Sussex, BN26 6AP	£310,000	£310,000	£00	13 Jul 2023	17 Nov 2023	127 Days
56 Heron Ridge, Polegate, East Sussex, BN26 5BJ	£340,000	£340,000	£00	07 Jul 2023	17 Nov 2023	133 Days
11 Windsor Way, Polegate, East Sussex, BN26 6QD	£329,950	£310,000	-£19,950	09 Aug 2023	10 Nov 2023	93 Days
18 Heron Ridge, Polegate, East Sussex, BN26 5BJ	£190,000	£185,000	-£5,000	03 Aug 2023	09 Nov 2023	98 Days
25 Dymchurch Close, Polegate, East Sussex, BN26 6ND	£350,000	£345,000	-£5,000	21 Jul 2023	03 Nov 2023	105 Days
19 Dymchurch Close, Polegate, East Sussex, BN26 6ND	£325,000	£325,000	£00	17 Aug 2023	01 Nov 2023	76 Days
34 Old Drive, Polegate, East Sussex, BN26 5ET	£399,950	£360,000	-£39,950	25 May 2023	20 Oct 2023	148 Days

Most Expensive Streets in Polegate

Postcode	Street	Area	Average	No. of Sales
BN26 6HT	Dittons Road	Polegate	£521,666	3
BN26 5DL	Eastbourne Road	Polegate	£491,428	7
BN26 5BX	Church Road	Polegate	£461,600	5
BN26 6HJ	Pevensey Road	Polegate	£438,666	3
BN26 5DR	Clement Lane	Polegate	£390,500	5
BN26 6NG	Fairoaks	Polegate	£383,750	4
BN26 5DQ	Spurway Park	Polegate	£382,313	11
BN26 6NL	Hailsham Road	Polegate	£381,833	3
BN26 6FB	Buttercup Drive	Polegate	£375,600	5
BN26 5ET	Old Drive	Polegate	£372,333	3

Least Expensive Streets in Polegate

Postcode	Street	Area	Average	No. of Sales
BN26 6EH	Old Station House	Station Road	£117,000	8
BN26 6PU	Oakleaf Court	Oakleaf Drive	£137,250	4
BN26 6DW	Guardian Court	Brookside Avenue	£138,390	26
BN26 6JH	Aberdale Road	Polegate	£139,062	8
BN26 5AG	Elm Court	Walnut Walk	£149,166	3
BN26 5BB	Burnside Court	Black Path	£160,821	7
BN26 6JW	Lynholm Road	Polegate	£181,250	4
BN26 5EN	Elizabeth Court	High Street, Polegate	£183,590	5
BN26 5EX	Southdown Court	Old Drive	£186,550	4
BN26 5BY	Hadley Court	Church Road	£188,700	5