Hastings

Area Guide For Hastings

Hastings is a town and borough in the county of East Sussex on the south coast of England. The town is located 24 mi (39 km) east of the county town of Lewes and 53 mi (85 km) south east of London, and has an estimated population of 86,900. In historical terms, Hastings can claim fame through its connection with the Norman conquest of England; and also because it became one of the medieval Cinque Ports. Hastings was, for centuries, an important fishing port; although nowadays much reduced, it still has the largest beach-based fishing fleet in England. The town became a watering place in the 1760s, and then, with the coming of the railway, a seaside resort. The attraction of Hastings as a tourist destination continues; although the number of hotels has decreased, it caters for wider tastes, being home to internationally-based cultural and sporting events, such as chess and running. It has set out to become "a modern European town" and seeks to attract commercial business in the many industrial sites round the borough.

 
 

Hastings Map

Estimated Price: £219,006
Average Asking Price: £217,801
Price change in last one year: £13,142
Average Price Paid: £190,446
Average Rent Rates: £734

 
 

Property Prices Breakdown in Hastings

Average Price for property in Hastings is around £219,006 which varies based on type of property you are interested in and ranges from £335,426 for detached house to around £226,564 for semi-detached. Similarly terraced house is around £184,822 and a flat is worth £119,598. Values have been changing and have risen £687 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,481 in last 6 months, £13,142 in last 1 year, £23,541 in last 2 years, £24,471 in last 3 years, £22,935 in last 4 years and £24,393 in last 5 years.

Currently average asking price of a property in Hastings is around £217,801 based on approximately 805 properties for sale. Same is the case with rental options based on 224 properties up for rent, average asking rent is around £734 per month.

Estimated property value in Hastings is £219,006. Average asking price is £217,801 while average price paid is £197,736 which is up by £13,142 and Avg. asking rent £734.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 Hastings area. In last 1 year alone average price buyer paid is around £197,736 based on approximately 805 sales in Hastings area alone. If you compare it to last 3 years sales of 2,234 properties where buyers paid around £192,628. 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 £190,446 for 3,510 and average amount paid for purchase of approx. 4,751 properties sold in last 7 years comes to about £188,169 per sale.

 
 

Properties For Sale in Hastings

 
 

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 £101,471, £140,193 for a 2 bedroom house, £229,430 for a 3 bedroom house, £343,885 for a 4 bedroom house and £403,319 for a 5 bedroom house. For a flat similarly the prices varies from £81,364 for a single bedroom to £132,772 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £195,825 and £194,975 for a 4 bedroom flat. To sum up the asking prices for properties in Hastings it comes to around average £82,964 for 1 bedroom property, £135,439 for 2 bedroom, £223,420 for 3 bedroom, £339,860 for 4 bedroom and £403,319 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 can vary from £428 for 1 bedroom to £646 for 2 bedrooms, £999 for 3 bedrooms, £1,120 for 4 bedrooms and £802 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £476. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £623, £695 for 3 bedroom and £1,062 for 4 bedroom. You should be generally be expecting around average £466 rent per month for single bedroom property, £630 for 2 bedroom, £908 for 3 bedroom, £1,113 for 4 bedroom and approximately £802 for a 5 bedroom property in Hastings area.

Popular Houses in Hastings

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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