Your Move Eastbourne Local Area Guide

How is the Eastbourne property market performing?

Your Move for sale

Average property price in Eastbourne

£295,323
+17.1%
Last 5 years
Based on the Land Registry data for properties sold within the postcodes that Your Move Eastbourne covers.
Your Move to let

Average rental price in Eastbourne

£1,098
pcm
+18.9%
Last 12 months
Based on the advertised rental prices for properties to rent by Your Move Eastbourne in the last 12 months from today's date.

Why move to Eastbourne?

Up until quite recently, Eastbourne was known across the country as a seaside town to retire to, due to the amount of hotels and attractions along with seafront, but over recent years there has been a shift. Not only is there now The University of Brighton, but a rise in the number of jobs, as well as the harbour development, investments into the town centre and large development of family homes there has been an increase in families moving to the area.

 

Location

Eastbourne is known for its beautiful beaches and is situated close to Beachy Head, the highest chalk sea cliff in Great Britain. The town welcomes a staggering 4.9 million tourists each year who spend £287 million and support over 8000 jobs. A pleasant surprise; the sea front is still relatively un-commercialised which attracts more tourists to the area. The Eastbourne bandstand is an iconic landmark dating back to the 1930’s and is still used today hosting in excess of 140 concerts each year.

 

Hospitality

Over recent years Eastbourne has had a massive overhaul with millions of pounds being poured into the town centre. There are plenty of bars and restaurants which contribute to the town having a fun and vibrant atmosphere.

 

Local market and commuting

For the investors amongst you, due to the excellent train service to London, Eastbourne is attracting a large number of commuters, as well as people moving out of Surry and London who are wanting to live by the coast. There is a huge demand for good rental property, often lets will be signed for up to 2 years whilst the tenant searches for something a little more permanent. Since the introduction of The Tenancy Fee Act, whereby tenants no longer pay application fees, it is now considerably cheaper for people to move, making renting an attractive option.

There are a great number of apartments in the harbour as well as large detached family homes. If a bungalow is what you are looking for, be quick because these get snapped up. Eastbourne has some wonderful town houses and detached properties as well. Any one of the team will be happy to show you the properties they currently manage and discuss your housing needs.