# House prices in BN24 5 (Stone Cross)

This article reveals price per square metre data and various charts to help you understand current housing market in Stone Cross (BN24 5).

## Defining 'BN24 5'

This analysis is limited to properties whose postcode starts with "BN24 5", 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 Stone Cross.

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 Stone Cross 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. Elfran, Dittons Road, Stone Cross, sold for £320,000 on Feb-2024. Given the internal area of 96 square metres, the price per sqm is £3,333.

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. £4,800-£5,000, £5,000-£5,200, £5,200-£5,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 158 sales in Stone Cross (BN24 5) that took place in the last two years.

##### Distribution of £ per sqm for Stone Cross
Distribution of £ per sqm house prices in Stone Cross

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 Stone Cross (BN24 5). Of the 158 transactions, half were sold for between £3,630 and £4,480 per square metre. The median, or 'middle', price per square metre in 'BN24 5' is £4,100. Notably, only 25% of properties that sold recently were valued at more than £4,480 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 Stone Cross

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 Stone Cross. 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 Stone Cross

## Comparison with neighbouring postcode sectors

The table below shows how 'BN24 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BN24 5 Stone Cross £3,630 sqm £4,100 sqm £4,480 sqm
BN24 6 Pevensey Bay £3,310 sqm £4,350 sqm £5,330 sqm

## Will Stone Cross 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 BN24 5 (Stone Cross) compared with both the wider area BN24 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 Stone Cross,Stone Cross
House price trends for Stone Cross

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 BN24 5 sales
Recent trends for Stone Cross

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 Stone Cross 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 Stone Cross 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
Rattle Road, Stone Cross, BN24 5D 125 sqm £3,815 25
Mallow Drive, Stone Cross, BN24 5G 90 sqm £3,839 16
Wood Sage Way, Stone Cross, BN24 5F 90 sqm £3,836 16
High Street, Stone Cross, BN24 5L 117 sqm £3,021 15
St Johns Drive, Stone Cross, BN24 5H 94 sqm £3,804 12
Beechfield Close, Stone Cross, BN24 5F 80 sqm £4,490 12
Springfield Close, Stone Cross, BN24 5J 82 sqm £4,087 12
Medina Drive, Stone Cross, BN24 5E 76 sqm £4,311 11

## Raw data

Our analysis of Stone Cross 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.