Hastings house prices soar - this is how much the average property will cost you

House prices in Hastings are continuing to rise.
Watch more of our videos on Shots! 
and live on Freeview channel 276
Visit Shots! now

New figures show they leapt by 5.1% in June.

The average Hastings house price in June was £251,853, Land Registry figures show – a 5.1% increase on May.  

Property prices in the area have risen 18.5% year-on-year – the highest in the South East.  

Over the last year, the average sale price of property in Crawley rose by £13,000 – putting the area 62nd among the South East’s 70 local authorities for annual growth.Over the last year, the average sale price of property in Crawley rose by £13,000 – putting the area 62nd among the South East’s 70 local authorities for annual growth.
Over the last year, the average sale price of property in Crawley rose by £13,000 – putting the area 62nd among the South East’s 70 local authorities for annual growth.
Hide Ad
Hide Ad

Over the last year, the average sale price of property in Hastings rose by £39,000 – putting the area top among the South East’s 70 local authorities for annual growth.  

Owners of terraced houses saw the biggest improvement in property prices in Hastings in June – they increased 5.3%, to £255,656 on average. Over the last year, prices rose by 20.1%.

Among other types of property:

Detached: up 4.9% monthly; up 19% annually; £475,621 average

Semi-detached: up 5% monthly; up 18.7% annually; £328,177 average

Flats: up 5.1% monthly; up 16.5% annually; £158,330 average

Hide Ad
Hide Ad

First-time buyers in Hastings spent an average of £226,000 on their property – £35,000 more than a year ago, and £60,000 more than in June 2016.

By comparison, former owner-occupiers paid £277,000 on average in June – 22.8% more than first-time buyers.

Buyers paid 29.2% less than the average price in the South East (£356,000) in June for a property in Hastings. Across the South East, property prices are lower than those across the UK, where the average cost £266,000.

The average Rother house price in June was £323,563. Land Registry figures show – a 2.3% increase on May.

Hide Ad
Hide Ad

Over the last year, the average sale price of property in Rother rose by £32,000 – putting the area 15th among the South East’s 70 local authorities for annual growth.

The most expensive properties in the South East were in Elmbridge – £650,000 on average, and 2.6 times as much as in Hastings.

Elmbridge properties cost three times as much as homes in Southampton (£218,000 average), at the other end of the scale.

The highest property prices across the UK were in Kensington and Chelsea, with an average June sale price of £1.2 million.

Factfile:

Average property price in June

Hastings: £251,853.0624

The South East: £355,948.2873

UK: £265,668.1787

Annual growth to June

Hastings: +18.5%

The South East: +10.5%

UK: +13.2%

Best and worst annual growth in the South East

Hastings: +18.5%

Runnymede: +0.9%

Related topics: