# House prices in BN23 8 (Eastbourne)

## Defining 'BN23 8'

This analysis is limited to properties whose postcode starts with "BN23 8", 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 foot

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

£ per sqft = price ÷ internal area
E.g. 24, Bembridge Road, Eastbourne, sold for £210,000 on Mar-2024. Given the internal area of 635 square feet, the price per sqft is £330.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £353-£371, £371-£390, £390-£408 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 124 sales in Eastbourne (BN23 8) that took place in the last two years.

##### Distribution of £ per sqft for Eastbourne
Distribution of £ per sqft 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 8). Of the 124 transactions, half were sold for between £301 and £399 per square foot. The median, or 'middle', price per square foot in 'BN23 8' is £353. Notably, only 25% of properties that sold recently were valued at more than £399 sqft. 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.

House price heatmap for Eastbourne

## Comparison with neighbouring postcode sectors

The table below shows how 'BN23 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BN23 7 Eastbourne £301 sqft £348 sqft £427 sqft
BN23 5 Eastbourne £311 sqft £355 sqft £410 sqft
BN23 8 Eastbourne £301 sqft £353 sqft £399 sqft
BN23 6 Eastbourne £314 sqft £360 sqft £403 sqft

## 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 8 (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 foot 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 8 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 £sqft Recent sales
Snowdon Close, Eastbourne, BN23 8H 484 sqft £337 24
Sorrel Drive, Eastbourne, BN23 8B 828 sqft £304 16
Milfoil Drive, Eastbourne, BN23 8B 764 sqft £308 12
Bembridge Road, Eastbourne, BN23 8D 796 sqft £290 12
Pentland Close, Eastbourne, BN23 8A 936 sqft £342 11
Cairngorm Close, Eastbourne, BN23 8H 0 sqft £371 11
Trossachs Close, Eastbourne, BN23 8H 0 sqft £355 11
Shalfleet Close, Eastbourne, BN23 8D 818 sqft £292 10

## 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.