Pevensey

Area Guide For Pevensey

The settlement of Pevensey Bay sits behind and on the shingle shoreline. Albeit little, it is all things considered an ocean side resort in small scale, and has a large portion of the offices of its bigger partners somewhere else. The name Pevensey was initially recorded in 947 as Pefenesea, signifying "Stream of (a man named) Pefen". It gets from the Anglo-Saxon individual name Pefen in addition to eã, "waterway", apparently a reference to the now generally silted-up Pevensey Haven.

 
 

Pevensey Map

Estimated Price: £267,282
Average Asking Price: £317,062
Price change in last one year: £5,585
Average Price Paid: £222,342
Average Rent Rates: £1,777

 
 

Property Prices Breakdown in Pevensey

Average Price for property in Pevensey is around £267,282 which varies based on type of property you are interested in and ranges from £322,810 for detached house to around £221,666 for semi-detached. Similarly terraced house is around £211,659 and a flat is worth £142,477. Values have been changing and have risen £1,518 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,335 in last 6 months, £5,585 in last 1 year, £12,258 in last 2 years, £19,466 in last 3 years, £16,139 in last 4 years and £25,013 in last 5 years.

Currently average asking price of a property in Pevensey is around £317,062 based on approximately 158 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £1,777 per month.

Estimated property value in Pevensey is £267,282. Average asking price is £317,062 while average price paid is £230,154 which is up by £5,585 and Avg. asking rent £1,777.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Pevensey area. In last 1 year alone average price buyer paid is around £230,154 based on approximately 158 sales in Pevensey area alone. If you compare it to last 3 years sales of 485 properties where buyers paid around £228,401. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £222,342 for 809 and average amount paid for purchase of approx. 1,052 properties sold in last 7 years comes to about £222,873 per sale.

 
 

Properties For Sale in Pevensey

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £135,000, £219,790 for a 2 bedroom house, £291,230 for a 3 bedroom house, £405,257 for a 4 bedroom house and £437,995 for a 5 bedroom house. For a flat similarly the prices varies from £157,500 for a single bedroom to £133,725 for a 2 bedroom Flat. To sum up the asking prices for properties in Pevensey it comes to around average £150,000 for 1 bedroom property, £201,671 for 2 bedroom, £291,230 for 3 bedroom, £405,257 for 4 bedroom and £437,995 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £802 for 2 bedroom. You should be generally be expecting around average £802 rent per month for 2 bedroom property in Pevensey area.

Popular Houses in Pevensey

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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