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 'BN24 5' (Stone Cross) - statistics were last calculated on 30 June 2024.

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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.

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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. 31, Eden Close, Stone Cross, sold for £260,000 on May-2024. Given the internal area of 55 square metres, the price per sqm is £4,727.

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 149 sales in Stone Cross (BN24 5) that took place in the last two years.

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 149 transactions, half were sold for between £3,700 and £4,520 per square metre. The median, or 'middle', price per square metre in 'BN24 5' is £4,180. Notably, only 25% of properties that sold recently were valued at more than £4,520 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	£3,700 sqm	£4,180 sqm	£4,520 sqm
BN24 6 Pevensey Bay	£3,280 sqm	£4,350 sqm	£5,300 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.

Download time series data as CSV (paying users only).

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.

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	126 sqm	£3,815	25
High Street, Stone Cross, BN24 5L	117 sqm	£3,008	16
Wood Sage Way, Stone Cross, BN24 5F	90 sqm	£3,853	15
Mallow Drive, Stone Cross, BN24 5G	90 sqm	£3,943	14
Beechfield Close, Stone Cross, BN24 5F	80 sqm	£4,546	13
St Johns Drive, Stone Cross, BN24 5H	94 sqm	£3,804	12
Medina Drive, Stone Cross, BN24 5E	76 sqm	£4,395	12
Springfield Close, Stone Cross, BN24 5J	82 sqm	£4,087	12

Search for your street here.

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.

Address	Paid	sqm	£/sqm
31, Eden Close, Stone Cross	£260,000 May-2024	55	4,727
68, Castle View Gardens, Stone Cross	£350,000 May-2024	75	4,666
3, Medina Drive, Stone Cross	£282,500 May-2024	53	5,330

See the entire list of all sales in Stone Cross (BN24 5) here.