Polegate

Area Guide For Polegate

pogate is a town and common parish in the Wealden District of East Sussex, South east of England, United Kingdom. It is found five miles north of the ocean side resort of Eastbourne, and is a piece of the more noteworthy region of that town. Albeit once a track settlement, its significance accordingly has now wound down with terminations of courses. The area of Polegate had a population of 8586 in the 2011 evaluation of which 41.2% were matured 65 and over.

 
 

Polegate Map

Estimated Price: £287,719
Average Asking Price: £323,898
Price change in last one year: £15,887
Average Price Paid: £227,650
Average Rent Rates: £975

 
 

Property Prices Breakdown in Polegate

Average Price for property in Polegate is around £287,719 which varies based on type of property you are interested in and ranges from £421,577 for detached house to around £244,638 for semi-detached. Similarly terraced house is around £228,026 and a flat is worth £133,044. Values have been changing and have risen £236 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,870 in last 6 months, £15,887 in last 1 year, £32,291 in last 2 years, £38,798 in last 3 years, £32,960 in last 4 years and £31,896 in last 5 years.

Currently average asking price of a property in Polegate is around £323,898 based on approximately 280 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £975 per month.

Estimated property value in Polegate is £287,719. Average asking price is £323,898 while average price paid is £242,686 which is up by £15,887 and Avg. asking rent £975.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 Polegate area. In last 1 year alone average price buyer paid is around £242,686 based on approximately 280 sales in Polegate area alone. If you compare it to last 3 years sales of 825 properties where buyers paid around £234,090. 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 £227,650 for 1,240 and average amount paid for purchase of approx. 1,608 properties sold in last 7 years comes to about £223,855 per sale.

 
 

Properties For Sale in Polegate

 
 

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 £95,000, £250,021 for a 2 bedroom house, £366,742 for a 3 bedroom house, £333,808 for a 4 bedroom house and £1,162,500 for a 5 bedroom house. For a flat similarly the prices varies from £106,225 for a single bedroom to £131,479 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £160,000. To sum up the asking prices for properties in Polegate it comes to around average £103,980 for 1 bedroom property, £232,588 for 2 bedroom, £346,068 for 3 bedroom, £333,808 for 4 bedroom and £1,162,500 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 £282 for 1 bedroom to £823 for 2 bedroom, £897 for 3 bedroom and £1,523 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £685. You should be generally be expecting around average £282 rent per month for single bedroom property, £700 for 2 bedroom, £897 for 3 bedroom and approximately £1,523 for 4 bedroom property in Polegate area.

Popular Houses in Polegate

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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