House prices in BN23 7 (Eastbourne)

This article reveals price per square metre data and various charts to help you understand current housing market in Eastbourne (BN23 7).


Defining 'BN23 7'

This analysis is limited to properties whose postcode starts with "BN23 7", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Eastbourne.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Eastbourne is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 2, Fleming Close, Eastbourne, sold for £390,000 on Mar-2024. Given the internal area of 73 square metres, the price per sqm is £5,342.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 194 sales in Eastbourne (BN23 7) that took place in the last two years.

Distribution of £ per sqm for Eastbourne
Distribution of £ per sqm house prices in Eastbourne

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Eastbourne (BN23 7). Of the 194 transactions, half were sold for between £3,250 and £4,600 per square metre. The median, or 'middle', price per square metre in 'BN23 7' is £3,750. Notably, only 25% of properties that sold recently were valued at more than £4,600 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Eastbourne

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Eastbourne. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Eastbourne
House price heatmap for Eastbourne

Comparison with neighbouring postcode sectors

The table below shows how 'BN23 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BN23 7 Eastbourne £3,250 sqm £3,750 sqm £4,600 sqm
BN23 5 Eastbourne £3,350 sqm £3,830 sqm £4,420 sqm
BN23 8 Eastbourne £3,240 sqm £3,800 sqm £4,300 sqm
BN23 6 Eastbourne £3,390 sqm £3,880 sqm £4,340 sqm

Will Eastbourne house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for BN23 7 (Eastbourne) compared with both the wider area BN23 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Eastbourne,Eastbourne
House price trends for Eastbourne

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent BN23 7 sales
Recent trends for Eastbourne

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Eastbourne to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Eastbourne and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Tolkien Road, Eastbourne, BN23 7A 68 sqm £4,919 22
Etchingham Road, Eastbourne, BN23 7D 90 sqm £2,564 14
Ashgate Road, Eastbourne, BN23 7E 75 sqm £3,182 14
Netherfield Avenue, Eastbourne, BN23 7B 74 sqm £4,189 12
Priory Road, Eastbourne, BN23 7A 68 sqm £2,500 12
Priory Road, Eastbourne, BN23 7T 75 sqm £3,182 12
Shelley Walk, Eastbourne, BN23 7Q 57 sqm £4,751 10
Westerham Road, Eastbourne, BN23 7H 72 sqm £2,668 10

Search for your street here.

Raw data

Our analysis of Eastbourne is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
2, Fleming Close, Eastbourne £390,000
Mar-2024
73 5,342
14, Durrell Close, Eastbourne £340,000
Mar-2024
70 4,857
10, Golding Rd, Eastbourne £325,000
Feb-2024
69 4,710

See the entire list of all sales in Eastbourne (BN23 7) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.