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House Prices in BN24 House Prices in BN24 (Pevensey)

The average house price in BN24 (Pevensey) is £423,166 using HM Land Registry data.

The average property price increased by £103,431 (22.82%) over the last 5 years and increased by £20,725 (3.52%) over the last 12 months.

Over the last year, there were 110 residential property sales – a decrease of 65 transactions (-59.09%) relative to the previous year. The majority of house sales (30) were in the £328,000 - £392,000 range. Then came properties in the £264,000 - £328,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,718 (-3%).

In Oct 24, there were 40 new estate agency instructions, 26 agreed home sales and 35 property price reductions.

Nearby Postcodes: BN20, BN21, BN22, BN23, BN25, BN26, BN27, BN8, TN21, TN31, TN32, TN33, TN35, TN37, TN38, TN39, TN40

5-Year Average Property Prices in BN24 (Pevensey)

22.82%

Property prices in Pevensey increased by 22.82% 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 BN24 (Pevensey) Over the Last Year

3.52%

Property prices in Pevensey increased by 3.52% 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 BN24 (Pevensey) - Oct 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 BN24 (Pevensey)

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 BN24 (Pevensey)

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 BN24 (Pevensey)

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 BN24 (Pevensey) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the BN24 postcode area since 1995.

Recent Sales in BN24 (Pevensey)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Brook Cottage, Peelings Lane, Westham, Pevensey, East Sussex, BN24 5HE£675,000£665,000-£10,00020 Sep 202313 Aug 2024328 Days
30 Pevensey Park Road, Westham, Pevensey, East Sussex, BN24 5HW£550,000£540,000-£10,00016 Jan 202405 Jul 2024171 Days
Linden Cottage, Peelings Lane, Westham, Pevensey, East Sussex, BN24 5HE£399,000£390,000-£9,00022 Jan 202428 Jun 2024158 Days
25 Towers Road, Stone Cross, Pevensey, East Sussex, BN24 5GZ£350,000£350,000£0024 Jan 202417 Jun 2024145 Days
15 Wallsend Road, Pevensey Bay, Pevensey, East Sussex, BN24 6AB£385,000£375,000-£10,00027 Dec 202314 Jun 2024170 Days
10 North Road, Pevensey Bay, Pevensey, East Sussex, BN24 6AY£335,000£329,000-£6,00013 Jan 202414 Jun 2024153 Days
23 Beaulieu Drive, Stone Cross, Pevensey, East Sussex, BN24 5EW£389,950£375,000-£14,95026 Jan 202414 Jun 2024140 Days
6 Church Avenue, Westham, Pevensey, East Sussex, BN24 5LN£499,950£495,000-£4,95026 Feb 202414 Jun 2024109 Days
246 Coast Road, Pevensey Bay, Pevensey, East Sussex, BN24 6NT£595,000£585,000-£10,00021 Nov 202303 Jun 2024195 Days
31 Eden Close, Stone Cross, Pevensey, East Sussex, BN24 5EX£285,000£260,000-£25,00024 Apr 202310 May 2024382 Days
68 Castle View Gardens, Westham, Pevensey, East Sussex, BN24 5HS£360,000£350,000-£10,00011 Jan 202410 May 2024120 Days
3 Medina Drive, Stone Cross, Pevensey, East Sussex, BN24 5EY£300,000£282,500-£17,50024 Jan 202403 May 2024100 Days
2 South Close, Pevensey Bay, Pevensey, East Sussex, BN24 6RL£220,000£205,000-£15,00010 Oct 202312 Apr 2024185 Days
26 Maresfield Drive, Pevensey Bay, Pevensey, East Sussex, BN24 6RS£265,000£250,000-£15,00010 Oct 202315 Mar 2024157 Days
28 Darent Close, Stone Cross, Pevensey, East Sussex, BN24 5PW£450,000£445,000-£5,00018 Aug 202315 Mar 2024210 Days
Kinketchem, Peelings Lane, Westham, Pevensey, East Sussex, BN24 5AD£600,000£552,500-£47,50024 Sep 202315 Mar 2024173 Days
Elfran, Dittons Road, Stone Cross, Pevensey, East Sussex, BN24 5ET£335,000£320,000-£15,00025 Oct 202329 Feb 2024127 Days
9 Patcham Mill Road, Stone Cross, Pevensey, East Sussex, BN24 5PA£340,000£325,000-£15,00013 Mar 202319 Jan 2024312 Days
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

Most Expensive Streets in BN24 (Pevensey)

PostcodeStreetAreaAverageNo. of Sales
BN24 5BJGlynleigh Road, HankhamPevensey£950,0003
BN24 6NRCoast Road, Pevensey BayPevensey£674,3007
BN24 5EPDittons Road, Stone CrossPevensey£629,9833
BN24 6NUCoast Road, Pevensey BayPevensey£628,8509
BN24 5DJRattle Road, WesthamPevensey£623,7504
BN24 6LUChannel View Road, Pevensey BayPevensey£598,4874
BN24 5ETDittons Road, Stone CrossPevensey£583,0005
BN24 5DXRattle Road, Stone CrossPevensey£550,3333
BN24 5FJLessing Lane, Stone CrossPevensey£513,3333
BN24 5HNPevensey Park Road, WesthamPevensey£510,6663

Least Expensive Streets in BN24 (Pevensey)

PostcodeStreetAreaAverageNo. of Sales
BN24 6NLCuckmere House, Coast RoadPevensey£100,3163
BN24 5GGYarrow Place, Stone CrossPevensey£140,8005
BN24 5NQChurch Bailey, WesthamPevensey£158,20010
BN24 6EUPevensey Court Flats, Eastbourne RoadPevensey£160,5003
BN24 5BSGlyndley Manor Cottage Estate, Stone CrossPevensey£165,7508
BN24 6BSCadogan Court, Grenville RoadPevensey£191,6663
BN24 6AXRichmond Road, Pevensey BayPevensey£192,6254
BN24 6NFBexfield Court, Coast RoadPevensey£193,1663
BN24 6ELWarminster Court, Warminster RoadPevensey£199,2504
BN24 5LRHigh Street, WesthamPevensey£201,2003

Explore BN24 (Pevensey) using map

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