The TN40 postcode area, covering Bexhill-on-Sea in East Sussex, presents a diverse property market with something for buyers at every price point. According to Rightmove, the average house price over the last year stands at £262,026, while Zoopla reports a slightly higher average sold price of £266,586. Our current live data shows an average asking price of £281,933 across 636 active listings, indicating sellers' expectations remain competitive in this coastal town.
Price trends in Bexhill-on-Sea have shown resilience despite broader market fluctuations. HM Land Registry data indicates property prices in TN40 increased by 2.26% in the last 12 months, though this follows a period of adjustment. Historical data shows sold prices in TN40 over the last year were approximately 8% down on the previous year and 8% down on the 2022 peak of £285,882. The TN40 1 sub-postcode specifically saw prices fall by 4.6% in the last year, or 8.2% after accounting for inflation.
Transaction volumes in the area have moderated significantly, with 261 residential property sales in TN40 over the last year representing a decrease of 105 transactions relative to the previous year, a fall of 40.23%. Despite this reduction in market activity, the majority of sales concentrated in the £150,000 to £258,000 range, with 52 properties selling in the £150,000-£204,000 bracket and 47 in the £204,000-£258,000 range, suggesting sustained demand in the mid-market segment.
Looking at the price range distribution across TN40, we see 43 properties listed under £100,000, offering genuine entry points to the Bexhill market. The £200,000-£300,000 bracket holds the strongest activity with 189 listings, representing the heart of the market. Meanwhile, 230 properties sit in the £300,000-£500,000 range, showing healthy demand for family homes, while premium properties between £500,000 and £750,000 account for 34 listings. This distribution shows a balanced market with opportunities across all segments.