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Market in the South East

5 replies

LifeSlalom · 01/10/2022 17:43

We are relocating from Wales to East Sussex. Where we are now the market was red hot, but things started tailing off 3-4 months ago and now there are loads of reductions. Does anyone know what things are like in East Sussex? Am I going to be getting into bidding wars or have things slowed there too?

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LifeSlalom · 01/10/2022 19:04

Help?

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Snorkers · 01/10/2022 20:33

LifeSlalom · 01/10/2022 19:04

Help?

Hi, i'm on E/W Sussex border. Whereabouts? East Sussex is a big place with some very desirable areas and some not. Market is def cooling, but popular areas and desirable houses are still selling - albeit not quite as quickly as te last few years.

LifeSlalom · 01/10/2022 20:40

That’s interesting. So some signs of cooling but good places still selling? We’re going to be looking in Haywards Heath, Lewes, Crowborough and Tunbridge Wells, including surrounding villages. So quite a lot of flexibility.

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Snorkers · 01/10/2022 20:53

LifeSlalom · 01/10/2022 20:40

That’s interesting. So some signs of cooling but good places still selling? We’re going to be looking in Haywards Heath, Lewes, Crowborough and Tunbridge Wells, including surrounding villages. So quite a lot of flexibility.

I'm in H Heath. There are some houses priced cleverly, guide price which is low, and that tempts people in and gets multiple bids. A neighbour has their house up at about 50k over what it's worth, tops, and it's sitting there unsold and now is damaged goods as it's been unsold for months. Good houses still selling fast here, another neighbour sold within days (at above mentioned selling strategy). H Heath v popular as has excellent transport links (45 minn to central London, plus A23 nearby). Lots of cute surrounding villages which also seem to be selling well, but not quite as well a slast two years. If there's a crash areas like this will be the last and most lightly to be hit.
Lewes is cooling but still massively overpriced due to amount of rich Guardian readers who live there.
Don't know about T Wells but it's an ever popular area, as has grammar schools and is naice.
Crowborough is further out and not as popular/nice. I don't know about houses there cooling or not but you're more likely to get a cheaper house there. I do know Heathfield, just up the road from Crowborough, was red hot but people now are waking up that it's a cheap area and they've massively overpaid (cheap because v isolated, no train station and poor road links).
Happy to tell you more about any H Heath houses/areas if you post up links!

LifeSlalom · 01/10/2022 21:14

Thanks that’s really helpful. We had considered Heathfield and decided against it for the reasons you describe

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