House Prices in CO11 House Prices in CO11 (Manningtree)

The average house price in CO11 (Manningtree) is £364,875 using HM Land Registry data.

The average property price increased by £71,689 (17.74%) over the last 5 years and increased by £14,331 (2.83%) over the last 12 months.

Over the last year, there were 176 residential property sales – a decrease of 182 transactions (-103.41%) relative to the previous year. The majority of house sales (52) were in the £268,000 - £346,000 range. Then came properties in the £346,000 - £424,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,477 (-3%).

In June 2024, there were 56 new estate agency instructions, 34 agreed home sales and 23 property price reductions.

5-Year Average Property Prices in CO11 (Manningtree)

17.74%

Property prices in Manningtree increased by 17.74% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CO11 (Manningtree) Over the Last Year

2.83%

Property prices in Manningtree increased by 2.83% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CO11 (Manningtree) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CO11 (Manningtree)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CO11 (Manningtree)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CO11 (Manningtree)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CO11 (Manningtree) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CO11 postcode area since 1995.

Recent Sales in CO11 (Manningtree)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Homeleigh, 3, Rectory Road, Wrabness, Manningtree, Essex, CO11 2TR£425,000£405,000-£20,00027 Sep 202310 May 2024226 Days
5 New Village, Brantham, Manningtree, Suffolk, CO11 1SB£350,000£337,500-£12,50012 Jan 202410 May 2024119 Days
23 Westmorland Close, Mistley, Manningtree, Essex, CO11 1LY£225,000£220,000-£5,00015 Feb 202403 May 202478 Days
19 Malthouse Road, Manningtree, Essex, CO11 1BY£325,000£325,000£0014 Dec 202303 May 2024141 Days
16 Linden Close, Lawford, Manningtree, Essex, CO11 2ET£325,000£315,000-£10,00017 Oct 202305 Apr 2024171 Days
4 Kings Close, Lawford, Manningtree, Essex, CO11 1EP£325,000£310,000-£15,00014 Oct 202327 Mar 2024165 Days
29 Malthouse Road, Manningtree, Essex, CO11 1BY£170,000£165,000-£5,00015 Nov 202325 Mar 2024131 Days
108 Long Road, Lawford, Manningtree, Essex, CO11 2HS£375,000£370,000-£5,00006 Nov 202322 Mar 2024137 Days
Goose Cottage, Colchester Road, Wix, Manningtree, Essex, CO11 2PD£775,000£747,500-£27,50007 Nov 202326 Feb 2024111 Days
15 Brooklands Road, Brantham, Manningtree, Suffolk, CO11 1RN£290,000£290,000£0014 Jun 202312 Feb 2024243 Days
270 Colchester Road, Lawford, Manningtree, Essex, CO11 2BU£350,000£335,000-£15,00025 Oct 202302 Feb 2024100 Days
41 Temple Pattle, Brantham, Manningtree, Suffolk, CO11 1RW£425,000£410,000-£15,00012 Jul 202318 Jan 2024190 Days
7 Taylor Drive, Lawford, Manningtree, Essex, CO11 2HU£425,000£420,000-£5,00015 Aug 202318 Dec 2023125 Days
1 Brooklands Road, Brantham, Manningtree, Suffolk, CO11 1RN£260,000£257,500-£2,50025 Oct 202315 Dec 202351 Days
112 Forrester Road, Mistley, Manningtree, Essex, CO11 2FJ£475,000£450,000-£25,00009 Aug 202314 Dec 2023127 Days
Gainsboro, Harwich Road, Lawford, Manningtree, Essex, CO11 2JS£350,000£335,000-£15,00015 Jun 202308 Dec 2023176 Days
3 Cambria Close, Mistley, Manningtree, Essex, CO11 1LX£215,000£215,000£0031 Jul 202308 Dec 2023130 Days
5 Cotman Avenue, Lawford, Manningtree, Essex, CO11 2LB£170,000£165,000-£5,00011 Jul 202323 Nov 2023135 Days
The Furrows, Butlers Lane, Wrabness, Manningtree, Essex, CO11 2UE£450,000£425,000-£25,00003 Mar 202314 Nov 2023256 Days
26 Merriam Close, Brantham, Manningtree, Suffolk, CO11 1RY£350,000£350,000£0025 Aug 202303 Nov 202370 Days

Most Expensive Streets in CO11 (Manningtree)

PostcodeStreetAreaAverageNo. of Sales
CO11 2QHThe Heath, MistleyManningtree£808,1005
CO11 1HDHigh Street, MistleyManningtree£721,6663
CO11 2AGNew Road, MistleyManningtree£691,6663
CO11 1LUErskine Road, MistleyManningtree£608,3333
CO11 2FNFirefly Close, MistleyManningtree£600,0006
CO11 2FWLennox Drive, LawfordManningtree£591,8758
CO11 2FUSienna GroveManningtree£587,8427
CO11 1QAChurch Lane, BranthamManningtree£586,6663
CO11 1BQParsons YardManningtree£586,0005
CO11 2QPMill Lane, BradfieldManningtree£583,7504

Least Expensive Streets in CO11 (Manningtree)

PostcodeStreetAreaAverageNo. of Sales
CO11 1NQStour View Avenue, MistleyManningtree£124,1666
CO11 1DEHilton CloseManningtree£131,86311
CO11 1LNSwan Court, MistleyManningtree£135,86311
CO11 1EHCompass Court, South Street, ManningtreeManningtree£153,7147
CO11 1UGCollege Court, Colchester RoadManningtree£188,3333
CO11 2LENash Close, LawfordManningtree£190,65313
CO11 1BAQuay Courtyard, South Street, ManningtreeManningtree£197,2779
CO11 1HWFree Rodwell House, School LaneManningtree£199,56121
CO11 1NFRemercie Road, MistleyManningtree£200,4166
CO11 2DTWaldegrave Way, LawfordManningtree£200,8333

Explore CO11 (Manningtree) using map