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Eastbourne – What to look for in houses for sale?

by | Nov 15, 2022

Home $ House for sale in the UK $ Houses for sale in the South East $ Eastbourne – What to look for in houses for sale?

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Sometimes, working out the prices of the houses for sale can be tricky business. This is why we created this article all about the price of houses for sale in Eastbourne, East Sussex.

From the average asking price of houses for sale in Eastbourne, to the growth of the population in the area, all will be talked about regarding the city of Eastbourne. So you will get better clued up on the area, and make finding a house for sale in the UK easier.

What kind of demographics does the city of Eastbourne have?

In Eastbourne, what are the deprivation levels like?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Eastbourne, currently, £0 people fall into this category.

Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area.

What’s a social grade score and how does it relate to Eastbourne?

The social grade of a city is useful when searching for a house for sale because it tells you what kind of jobs people have in the area. For example, there could be a lot of skilled manual workers or there could be a lot of pensioners and people on benefits.

The scale goes from a social grade of an A who are high managerial, administrative or professional workers to an E where people in this category are on state pensions, casual workers or unemployed on state benefits. The number of people in Eastbourne in grades A or B which are the highest skilled roles in the country is 23%.

Realistically, you can expect workers in this category to earn a higher salary too. For comparison, £36,600.00 is the average household income of the area. You can see how this figure is congruent with the number of people in the top two categories of the social grade at 23%.

What salary does the community in Eastbourne take home?

While not always the case, the amount people earn can be associated with better schools in the area and perhaps a nicer environment to live in.

£36,600.00 is the average household income of the area. And the higher this figure is the more likely it is that there is a higher percentage of people with a social grade score in the A or B categories which is 23% for Eastbourne.

In Eastbourne, how has the population changed?

Population growth in Eastbourne is important to know if there is housing demand and the total population may also be looked at as large populations commonly have a lot of buyer demand.

In Eastbourne, 24788 people live in the city as their main place of residence.

It is important to note that it is not the case that everyone likes a large population to live in. People who tend to prefer a more relaxed life are more likely to buy or rent somewhere to live that has a small population and perhaps also wouldn’t mind if the population isn’t growing.

Other people also like to have a mix of both. Where they can visit rural areas and also benefit from the amenities of a busy city.

In Eastbourne in the previous five years, have population numbers transformed?

Five years may seem like a long time but it is rare for a city to grow that much unless there is dramatic population growth. In Eastbourne, this change has been 1%. Read more here

Someone who wishes to find out how this change has occurred over a longer period of time may also wish to read the headings below and see if the change has continued throughout the past decade too. Or if the change is only true for the more recent figure for five years of 1%. Click here to know more on the UK population trends.

Over the last decade, how has the population differed in Eastbourne?

Populations change all the time but if there is a clear change in population in the last ten years this is even more reliable data about the population of the area as opposed to five. This adjustment in population works out to be 5% in Eastbourne.

What this statistic is like in comparison to the population change in five years should provide you with a comprehensive understanding of what direction the population is heading in.

In recent years because of the pandemic, it is common to see dramatic differences in the population change in the last five years when comparing it to ten as people realise they can work from home but still keep the current jobs they have.

This means they can move to cities they wouldn’t have considered otherwise and be location-independent of their source of income. Perhaps making a longer commute into the office every week for example.

The city of Eastbourne, situated in East Sussex, is a particularly impressive part of the UK because of the specific demographics of the location.

In the below headings, the city of Eastbourne and its demographics will be compared to its wider location (South East). This includes population size, growth and population education now and into the future.

These statistics are heavily influenced by socio-economic factors and as a result this also shapes the projected house price of the houses for sale in Eastbourne. So, taking a good look at the data is essential to understand the area you are considering to buy in.

Is the crime rate bad in the city of Eastbourne?

Within Eastbourne, the number of people committing crimes is 20000% per 1000 people. This figure directly relates to the safety of residents in the area which is one of the biggest factors in whether an area is considered desirable or not.

As a result, someone looking to buy a house here hoping for it to appreciate in value or buying a house here to produce rental income should check out the crime rate and compare it carefully to the UK average of 79.52 for every 1000 people to see how safe people living there will be.

If the area’s crime rate is too high, this may result in you having to pay for the renovation of burglaries or pay a premium on home insurance as insurance companies will charge you more for living in a dangerous area. So analyse this 20000% figure carefully.

How educated are the people in Eastbourne?

In the city of Eastbourne, 31% people have a degree from a university. The higher this proportion is, in general, the more likely it is that the population is able to buy a house.

Interestingly, as people who have degrees go up, the average income of the area goes up too. You can see if there is a correlation, the average household income in the UK is price34,000 and the average income in Eastbourne is £36,600.00.

This should correspond with the average percentage of people in the UK who have degrees at 22.6%.

In the city of Eastbourne, how much green space remains for residents?

There are cities in the UK such as Edinburgh and Bristol that have a higher percentages of green space with Edinburgh being the most at 49%. The city of Eastbourne currently has 11 for every 1000 residents.

Green space helps the quality of people’s mental health as well as fight against diseases like obesity. As studies have shown that the proximity of people to green spaces in the UK has a positive impact on the physical health of people in the UK and Eastbourne in this case.

In Eastbourne, what is the asking price in general for a house for sale?

Table showing the asking prices for houses for sale in Eastbourne

Average asking price (1 bed) £157,907
Average asking price (2 bed) £242,610
Average asking price (3 bed) £400,139
Average asking price (4 bed) £562,500
Average asking price (5 bed) no relevant data for this city

The above table is perfect for understanding the distribution of properties in the area as well as looking at this data alongside the average asking price per square foot of £0. Telling you what type of house is most in demand relative to the price of the area.

This could be due to more people looking at particular types of houses for sale over others or even due to the fact that Eastbourne has a lack of supply of housing in certain categories.

When speaking about the city of Eastbourne, £265,786 is the asking price for a house for sale.

We have compiled a table of data so you can know the asking prices of the specific size of home you’re most interested in. As you can imagine, a family looking to move out with children in Eastbourne would be after a larger house than someone living alone.

The data is in fact very different compared to the number of rooms you’re interested in having in your home and the asking price also tends to go up in staggering amounts as you add rooms.

Who can help you buy a house for sale in Eastbourne?

In today’s market with an abundance of homes available for sale, choosing the best house for sale can be challenging.
With several houses for sale to choose from, who will guide you through the process of choosing?
We have listed here below several experts and companies able to advise and support potential buyers.

The process of finding and investing in a house for sale can be lengthy and time-consuming, this is why we suggest you consult with the following professionals:

  • Banks – Lend you the cash
  • Insurance companies – Insure your new real estate investment
  • Conveyancer – handles all the legal labour that is needed to proceed in buying a house for sale.
  • Surveyor – Carries out an independent and complete property valuation of the house for sale
  • Mortgage advisor – If you are thinking to get a mortgage to get the finances needed to afford to buy a house for sale, a mortgage advisor is the person you should be looking for
  • EPC person – Always get a quote on the Energy Performance Certificate of the houses for sale listed in a certain city

Finding the ideal house for sale for you

Criterias that have an impact on the actual price of a house for sale have been listed here below. Consider them all to find the perfect houses for sale in Eastbourne.

  • Affordability – check this article from the UK government to find out (see what house for sale you can afford)

  • Location – if the house for sale is in the city centre rather than further out, this may be why it is more expensive than the market average.

  • Transports near the house for sale – Being able to use public transports is a huge plus for a house, especially in big cities. This will have an impact on the price as well.

  • Bedrooms – the more bedrooms there are in a house for sale, the more tenants a buy to let investors will be able to host, therefore, realistically the price will also increase.

  • EPC of the house for sale – today more than ever, the energy performance of properties for sale on the market should be one of the first things you check.

  • Wi-Fi speed – We recommend you check the internet plans available for the areas where you are considering to buy a house for sale

  • Are you a motorist? – If yes, filter out your searches and compare prices of houses for sale with parking availability. Remember, a car parking space can cost as much as £400 per month

  • Conditions of the house for sale – New builds and properties that were recently built usually need little to no repairs; instead, other houses for sale may require consistent or structural maintenance. These investments that can be both expensive and laborious to complete. Before making your offer for a house for sale you should always carefully assess this criteria.

In general, what do houses for sale sell for in Eastbourne?

There are a lot of factors that impact the final sale price a house for sale sells for in the UK and in Eastbourne. In Eastbourne, this sale price works out to be £233,782. As an example, a factor like population growth over the last 10 years which works out to be 5% in Eastbourne and impacts house prices of the houses for sale.

Housing category Total final sale price
Average sold price (detached) £447,799
Average sold price (semi-detached) £355,776
Average sold price (terraced) £298,346
Average sold price (flat) £174,072

Above, the exact type of house is also shown to vary in price in a table in Eastbourne. You may think that the bigger the house is the more expensive, but actually, this table is more based on the demand for the properties in each category.

Housing category Sale price per square foot
Average sold price/sqft £2,880
Average sold price/sqft (new build) £4,490
Average sold price/sqft (old stock) £2,780

In addition, here is the price per square foot. By taking this data and doing an average, it is also possible to work out the average square foot of houses in Eastbourne which is £2,880. From here you can get a sense of the price of the overall housing market and therefore, also find out the prices of the houses for sale.

In Eastbourne, what are the rental yields?

Most of the time, high deprivation levels signal that people cannot afford to sustain their living expenses. In Eastbourne, currently, £0 people fall into this category.

Measuring this statistic against the nationwide average of 33% should give you a pretty good idea of where the city lies in the scale of poverty in the area and how much you can charge for rent in your ast (assured tenancy shorthold).

In Eastbourne, how has the number of houses changed?

The growth of an area like Eastbourne can be a great indicator of a thriving city and the influx of new people can drive demand for housing and help appreciate the value of your house after you buy it.

Paying attention to the table below tells you how the number of houses has changed over time at one year, three year and five year intervals.

1 year 3 years 5 years
Eastbourne growth rate -5% 7% 17%

Despite the number of houses being built rising, this may not indicate that the housing price of the houses for sale is going up. It could be the case that there are a lot of new builds in the area which are causing the supply of the houses for sale to match demand and this could cause a decline in house price as time goes on.

Make sure you do your own research specific to the city of Eastbourne if you want to find out the exact reasons for the housing change.

Thinking of a different city and perhaps a different location?

We have prepared a list of cities that are entirely dissimilar to the region of South East, perfect if you are looking for somewhere similar to Eastbourne but want to relocate to a different region entirely. You should then be able to evaluate the different houses for sale listed in the region:

Alternatively, you can visit our webpage dedicated to houses for sale in the UK for a broader understanding, houses for sale in the UK.

Frequently Asked Questions (FAQ)

Do properties in Eastbourne offer renovation potential?

Every single month in Eastbourne, there are 8 planning applications, of which 87% result in a success. Look at this in terms of the population size of 24788 to work out if you think you’d have good planning success if you were to renovate.

What is the monthly count of property transactions in Eastbourne?

In the city of Eastbourne, there are 32 and in the total for the UK, there are around 1.1 million property sales.

What is the population change each year in a city like Eastbourne?

To assess the shifts in Eastbourne’s population over time, analyse how the population has altered. Look at the ten year change of population of 5%, alongside the five-year change of 1%.

In the larger vicinity of Eastbourne, what is the cost of houses available for sale?

The average cost per square foot for a house in Eastbourne is presently £0.

Is a house for sale in Eastbourne an expensive choice?

To work out if you are looking at an expensive property, find a house for sale and compare it to the average prices sell for. In Eastbourne this number is £233,782 and in the average for the UK is £286,500. Also, make sure you don’t miss a crucial step by following our tutorial when buying a house

Buying a home in Eastbourne? Find trusted estate agents below

Purchasing property in Eastbourne can be a complex process. Having the right real estate agent to guide you makes all the difference. We understand how stressful and time-consuming finding an agent can be so we have provided all of the most relevent agents and their contact details below in our convenient table.

Estate agent Email Contact number Address of agent
Eastbourne Lettings Chris Mooney (chris@eastbournelettings.com);Sally Mooney (sally@eastbournelettings.com) 441323430811 22 Church Street
Ancells Estates Limited Kelly Ancell (kelly@ancells.co.uk) 441323738375 58 Willingdon Road
Taylor Engley nan 441323722222 6 Cornfield Road
Hunt Frame Mark Frame (markframe@huntframe.co.uk) nan 16 Cornfield Road
Town Property, Town Flats & Town Rentals Phone number only 441323376667 15 Cornfield Road, Eastbourne, BN21 4QD

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donnell-bailey

Donnell Bailey

Property expert

Donnell is a property expert focusing on the property market, he looks at a combination of legislation, information from property managers, letting agents and market trends to produce information to help landlords.

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