# House prices in BN27 3 (Hailsham)

## Defining 'BN27 3'

This analysis is limited to properties whose postcode starts with "BN27 3", 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 Hailsham.

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 Hailsham 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. 40, South Road, Hailsham, sold for £230,000 on Mar-2024. Given the internal area of 105 square metres, the price per sqm is £2,190.

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 309 sales in Hailsham (BN27 3) that took place in the last two years.

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

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 Hailsham (BN27 3). Of the 309 transactions, half were sold for between £3,420 and £4,540 per square metre. The median, or 'middle', price per square metre in 'BN27 3' is £4,020. Notably, only 25% of properties that sold recently were valued at more than £4,540 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 Hailsham

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 Hailsham. 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 Hailsham

## Comparison with neighbouring postcode sectors

The table below shows how 'BN27 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BN27 1 Hailsham £3,350 sqm £3,850 sqm £4,470 sqm
BN27 4 Hellingly £3,360 sqm £3,880 sqm £4,720 sqm
BN27 2 Hailsham £2,730 sqm £3,270 sqm £3,800 sqm
BN27 3 Hailsham £3,420 sqm £4,020 sqm £4,540 sqm

## Will Hailsham 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 BN27 3 (Hailsham) compared with both the wider area BN27 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 Hailsham,Hailsham
House price trends for Hailsham

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 BN27 3 sales
Recent trends for Hailsham

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 Hailsham 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 Hailsham 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
Bramble Drive, Hailsham, BN27 3E 69 sqm £3,671 21
Sandbanks Way, Hailsham, BN27 3L 67 sqm £4,652 19
London Road, Hailsham, BN27 3A 116 sqm £3,719 19
Hedley Way, Hailsham, BN27 3F 110 sqm £2,948 16
Farne Close, Hailsham, BN27 3D 63 sqm £4,382 15
Gournay Road, Hailsham, BN27 3G 72 sqm £3,589 13
Western Road, Hailsham, BN27 3E 114 sqm £3,357 13
Hawksley Crescent, Hailsham, BN27 3G 114 sqm £2,958 13

## Raw data

Our analysis of Hailsham 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.