# House prices in BN26 6 (Polegate)

## Defining 'BN26 6'

This analysis is limited to properties whose postcode starts with "BN26 6", 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 Polegate.

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 Polegate 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. 9, Dymchurch Close, Polegate, sold for £327,000 on Jan-2024. Given the internal area of 74 square metres, the price per sqm is £4,418.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 184 sales in Polegate (BN26 6) that took place in the last two years.

##### Distribution of £ per sqm for Polegate
Distribution of £ per sqm house prices in Polegate

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 Polegate (BN26 6). Of the 184 transactions, half were sold for between £3,420 and £4,870 per square metre. The median, or 'middle', price per square metre in 'BN26 6' is £4,090. Notably, only 25% of properties that sold recently were valued at more than £4,870 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 Polegate

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 Polegate. 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 Polegate

## Comparison with neighbouring postcode sectors

The table below shows how 'BN26 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BN26 6 Polegate £3,420 sqm £4,090 sqm £4,870 sqm
BN26 5 Polegate £3,920 sqm £4,590 sqm £5,390 sqm

## Will Polegate 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 BN26 6 (Polegate) compared with both the wider area BN26 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 Polegate,Polegate
House price trends for Polegate

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 BN26 6 sales
Recent trends for Polegate

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 Polegate 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 Polegate 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
Brookside Avenue, Polegate, BN26 6D 59 sqm £3,456 27
Kensington Way, Polegate, BN26 6F 81 sqm £2,923 25
Lynholm Road, Polegate, BN26 6J 75 sqm £3,683 19
Greenleaf Gardens, Polegate, BN26 6P 78 sqm £3,706 17
Dover Road, Polegate, BN26 6L 72 sqm £4,952 17
Albert Road, Polegate, BN26 6B 74 sqm £3,411 14
West Close, Polegate, BN26 6E 78 sqm £4,380 14
Sunflower Lane, Polegate, BN26 6F 78 sqm £3,757 12

## Raw data

Our analysis of Polegate 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.

9, Dymchurch Close, Polegate £327,000
Jan-2024
74 4,418
7, Dover Rd, Polegate £385,000
Dec-2023
93 4,139
Dec-2023
117 4,914