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House Prices in BN23 House Prices in BN23 (Eastbourne)

The average house price in BN23 (Eastbourne) is £311,559 using HM Land Registry data.

The average property price increased by £41,379 (27.35%) over the last 5 years and increased by £8,291 (4.09%) over the last 12 months.

Over the last year, there were 369 residential property sales – a decrease of 63 transactions (-17.07%) relative to the previous year. The majority of house sales (86) were in the £226,000 - £272,000 range. Then came properties in the £272,000 - £318,000 range, where 84 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 116 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,889 (-2%).

In Dec 24, there were 45 new estate agency instructions, 38 agreed home sales and 36 property price reductions.

Nearby Postcodes: BN20, BN21, BN22, BN24, BN26, BN27, TN33, TN39

5-Year Average Property Prices in BN23 (Eastbourne)

27.35%

Property prices in Eastbourne increased by 27.35% 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 BN23 (Eastbourne) Over the Last Year

4.09%

Property prices in Eastbourne increased by 4.09% 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 BN23 (Eastbourne) - Dec 24

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 BN23 (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 BN23 (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 BN23 (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 BN23 (Eastbourne) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BN23 postcode area since 1995.

Recent Sales in BN23 (Eastbourne)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
21 Shakespeare Walk, Eastbourne, East Sussex, BN23 7PJ£195,000£192,000-£3,00014 Aug 202427 Nov 2024105 Days
23 St Lucia Walk, Eastbourne, East Sussex, BN23 5SY£325,000£325,000£0006 Aug 202426 Nov 2024112 Days
4 Tolkien Road, Eastbourne, East Sussex, BN23 7AL£359,950£355,000-£4,95003 Apr 202422 Nov 2024233 Days
91a, Snowdon Close, Eastbourne, East Sussex, BN23 8HW£134,950£131,225-£3,72507 Aug 202418 Nov 2024103 Days
14 Wayford Close, Eastbourne, East Sussex, BN23 7NU£300,000£295,000-£5,00012 Jun 202415 Nov 2024156 Days
1 Trossachs Close, Eastbourne, East Sussex, BN23 8HA£475,000£465,000-£10,00012 Jun 202408 Nov 2024149 Days
1 Swallow Close, Eastbourne, East Sussex, BN23 7RP£299,000£293,000-£6,00017 Jul 202408 Nov 2024114 Days
3 Boswell Walk, Eastbourne, East Sussex, BN23 7QL£260,000£260,000£0029 Aug 202401 Nov 202464 Days
16 Boston Close, Eastbourne, East Sussex, BN23 5RA£415,000£385,000-£30,00022 Apr 202428 Oct 2024189 Days
1 Tolkien Road, Eastbourne, East Sussex, BN23 7AL£350,000£340,000-£10,00022 Apr 202428 Oct 2024189 Days
79 Netherfield Avenue, Eastbourne, East Sussex, BN23 7BT£385,000£375,000-£10,00013 May 202428 Oct 2024168 Days
202 Sevenoaks Road, Eastbourne, East Sussex, BN23 7SA£305,000£305,000£0012 Jul 202425 Oct 2024105 Days
11 Swanley Close, Eastbourne, East Sussex, BN23 7JW£290,000£270,000-£20,00022 May 202425 Oct 2024156 Days
1 Cormorant Close, Eastbourne, East Sussex, BN23 7SG£285,000£280,000-£5,00031 May 202421 Oct 2024143 Days
8 Long Beach Close, Eastbourne, East Sussex, BN23 5QA£290,000£285,000-£5,00024 Jan 202423 Aug 2024212 Days
53 Daytona Quay, Eastbourne, East Sussex, BN23 5BN£270,000£265,000-£5,00008 Nov 202316 Aug 2024282 Days
15 Dryden Walk, Eastbourne, East Sussex, BN23 7PP£325,000£325,000£0028 Mar 202413 Aug 2024138 Days
2 Coniston Road, Eastbourne, East Sussex, BN23 8HJ£565,000£540,000-£25,00027 Mar 202409 Aug 2024135 Days
19 Heron Close, Eastbourne, East Sussex, BN23 7RU£265,000£260,000-£5,00007 Jun 202402 Aug 202456 Days
58 Santa Cruz Drive, Eastbourne, East Sussex, BN23 5TA£385,000£372,500-£12,50013 May 202401 Aug 202480 Days

Most Expensive Streets in BN23 (Eastbourne)

PostcodeStreetAreaAverageNo. of Sales
BN23 5BPWhite PointEastbourne£804,5077
BN23 5PXHamilton QuayEastbourne£657,50012
BN23 5PZHamilton QuayEastbourne£607,67317
BN23 5QDSt Lawrence MewsEastbourne£532,5006
BN23 5QESt Lawrence WayEastbourne£525,60010
BN23 5BEAnchorage WayEastbourne£509,8624
BN23 6RRColumbus DriveEastbourne£505,0003
BN23 8HHCotswold CloseEastbourne£487,5007
BN23 5UAJamaica WayEastbourne£478,3333
BN23 5NNSilver Strand EastEastbourne£476,2504

Least Expensive Streets in BN23 (Eastbourne)

PostcodeStreetAreaAverageNo. of Sales
BN23 7HFRuxley Court, Swanley CloseEastbourne£128,5905
BN23 7FDPembury RoadEastbourne£128,6666
BN23 6LGManton Court, Rotunda RoadEastbourne£132,4949
BN23 7HERuxley Court, Langney RiseEastbourne£137,0008
BN23 7SWWordsworth DriveEastbourne£138,6124
BN23 7DXWiltshire Court, Etchingham RoadEastbourne£138,8333
BN23 6UQViking WayEastbourne£145,1005
BN23 8HZSnowdon CloseEastbourne£150,43914
BN23 5RNFalmouth CloseEastbourne£150,8905
BN23 8HWSnowdon CloseEastbourne£153,49512

Explore BN23 (Eastbourne) using map

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