# TN40 1PZ Area Summary
This postcode falls within the **TN40 district of Bexhill-on-Sea**, a seaside town in East Sussex on the south coast of England. The remarkably low average property price of £59,888 across 75 properties is highly distinctive and indicates this area is dominated by **retirement leasehold flats** or **shared ownership properties**, rather than traditional freehold houses. This price point is significantly below the national and regional averages, suggesting properties here likely come with service charges, ground rents, or age restrictions typical of retirement developments.
Bexhill-on-Sea is known for its substantial retired population and coastal location, with the town offering a quieter alternative to neighbouring Hastings. The TN40 1 sector typically encompasses parts of central and seafront Bexhill, where purpose-built retirement complexes are prevalent. Buyers in this area should be aware that the headline prices don't reflect standard property values and that additional costs and potential resale restrictions are common features of retirement properties. The area benefits from good access to local amenities, the seafront promenade, and reasonable rail connections to Eastbourne and Hastings.
--- *Note: The unusually low average price strongly suggests specialist housing stock rather than conventional residential properties.*
The average house price in TN40 1PZ, Bexhill-On-Sea is £59,888. Prices range from £27,250 to £136,000.
There are 75 properties in TN40 1PZ, Bexhill-On-Sea.
TN40 1PZ contains 73 flat / maisonette properties, 2 terraced properties.
Average house prices in TN40 1PZ have risen by 146.6% from £36,492 in 1995 to £90,000 in 2024.
TN40 1PZ is located in Bexhill-On-Sea, East Sussex, England.