Coast to Country Lettings and Property Management
    What's Hot

    At What Level Do You Need Help With Your Property Development?

    February 18, 2025

    From Coast to Country: Exploring Spain’s Top Golf Holiday Rentals

    August 29, 2024

    5 Best Places To Live In England Near Top Golf Courses

    June 21, 2023
    Facebook Twitter Instagram
    • Home
    • Useful Links
    • Contact
    Facebook Twitter Instagram
    Coast to Country Lettings and Property Management
    • Home
    • Landlord News

      Factors That Increase The Rental Price On A Property In The UK

      April 6, 2023

      If There’s a Musty Smell, Call the Damp Specialist

      April 6, 2018

      5 Fire Risk Hazards Not to Ignore

      March 9, 2018

      Landlords Who Let Out Draughty Homes Will Banned, Says New Law

      January 29, 2018

      What Is A Conveyancers Role When Buying A Property?

      January 5, 2018
    • Real Estate Law

      Landlords Who Let Out Draughty Homes Will Banned, Says New Law

      January 29, 2018

      What Is A Conveyancers Role When Buying A Property?

      January 5, 2018

      4 THINGS LANDLORDS SHOULD KNOW ABOUT THE BUY-TO-LET TAX CHANGES

      July 5, 2016

      Quick Guide to stamp duty for Landlords

      February 19, 2016

      Tenancy deposits at risk with new deposit protection regulations

      June 22, 2015
    • Property Investment

      5 Best Places To Live In England Near Top Golf Courses

      June 21, 2023

      6 Tips for New Real Estate Investors

      June 20, 2023

      The Importance of Consulting An Insolvency Practitioner On Property Investment

      September 1, 2022

      Better Returns to be Gained from BTL Than Savings, Report Claims

      April 4, 2017

      Number of UK Landlords on Steady Rise

      July 5, 2016
    • Banks & Lending
    Coast to Country Lettings and Property Management
    Home»Landlord News»Eastbourne House Prices On The Rise
    Landlord News

    Eastbourne House Prices On The Rise

    Coast to Country LettingsBy Coast to Country LettingsJanuary 13, 2016Updated:September 3, 2021No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn WhatsApp Pinterest Email

    If you are thinking of selling or buying a home in Eastbourne or investing in buy to let homes, now is potentially a good time, as house prices are on the rise. The location is attracting more attention than ever.

    Sellers are enjoying great returns as properties are selling around or above their valuation. Buyers on the other hand are banking on continued rises in asking prices.

    Data released in March 2015 showed that the average asking price for homes in the area has risen by up to 14 per cent in comparison to prices in 2013. Prices went from £359,109 average in 2013 to £315,286 this year.

    The data showed that terrace houses in the area went up from £291,038 to £309,883 on average, a rise of 6 per cent.

    The asking price of flats on the other hand went from £185,893 to £200,829, a rise of 8 per cent.

    The average asking price for a semi-detached home jumped ten per cent on average to go from £286,067 to £313,920. Three bed properties showed the biggest leap in average price increase as they went from an average asking price of £283,686 to £317,272.

    Overall however, detached properties have shown the best overall performance. They went from £487,363 in 2014 to £562,509 in 2015, a 15 per cent rise. The increase in price for detached properties has been largely attributed to a drop in supply.  In comparison to the past couple of years, there has been a 22% reduction in the number of detached homes available in the market.

    House prices have continued to rise as a result of low interest rates, improved credit availability as well as rising consumer confidence. Consumer confidence is being fuelled by the positive gains that have been made in the employment sector over the past few quarters, and an inherent belief in the value of property.

    Similarly, the fact that housing completions are still well below their pre-crisis level has equally led to rising prices. Interestingly, pre-crisis level housing completions were even deemed insufficient to keep pace with demand.  All of these factors point to a housing market that could continue to soar well into the foreseeable future.

    Eastbourne is an idyllic seaside town that is a hub for short breaks and holidays. However, in the past few years, more families have been moving to the location on a permanent basis thanks to the clean environment and exceptional schools.  The laid back and family friendly lifestyle on offer here means it will be a property hotbed for a long time.

    With more landlords getting involved in the market there are going to be more rental opportunities too.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Coast to Country Lettings

    Related Posts

    Factors That Increase The Rental Price On A Property In The UK

    April 6, 2023

    Backland Developments: building a garden treehouse

    August 15, 2018

    Tenant Help: How to Get your Security Deposit Back

    July 12, 2018

    If There’s a Musty Smell, Call the Damp Specialist

    April 6, 2018

    5 Fire Risk Hazards Not to Ignore

    March 9, 2018

    Landlords Who Let Out Draughty Homes Will Banned, Says New Law

    January 29, 2018
    Add A Comment

    Comments are closed.

    Don't Miss

    At What Level Do You Need Help With Your Property Development?

    By Coast to Country LettingsFebruary 18, 20253 Mins Read

    As a building manager, you should seek help with your property developments at any level where…

    From Coast to Country: Exploring Spain’s Top Golf Holiday Rentals

    August 29, 2024

    5 Best Places To Live In England Near Top Golf Courses

    June 21, 2023

    6 Tips for New Real Estate Investors

    June 20, 2023
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Our Picks

    At What Level Do You Need Help With Your Property Development?

    February 18, 2025

    From Coast to Country: Exploring Spain’s Top Golf Holiday Rentals

    August 29, 2024

    5 Best Places To Live In England Near Top Golf Courses

    June 21, 2023

    6 Tips for New Real Estate Investors

    June 20, 2023
    Partners
    Sussex Damp Experts
    Coast to Country Lettings and Property Management
    • Home
    • Useful Links
    • Contact
    Copyright 2021 Coast to Country Lettings and Property Management

    Type above and press Enter to search. Press Esc to cancel.