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House Prices in CO12 House Prices in CO12 (Harwich)

The average house price in CO12 (Harwich) is £374,625 using HM Land Registry data.

The average property price increased by £62,642 (33.69%) over the last 5 years and increased by £12,551 (4.83%) over the last 12 months.

Over the last year, there were 213 residential property sales – a decrease of 108 transactions (-50.70%) relative to the previous year. The majority of house sales (51) were in the £230,000 - £280,000 range. Then came properties in the £180,000 - £230,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,700 (-2%).

In Oct 24, there were 96 new estate agency instructions, 50 agreed home sales and 56 property price reductions.

Nearby Postcodes: CO11, CO13, CO14, CO15, CO16, CO7, IP9

5-Year Average Property Prices in CO12 (Harwich)

33.69%

Property prices in Harwich increased by 33.69% 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 CO12 (Harwich) Over the Last Year

4.83%

Property prices in Harwich increased by 4.83% 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 CO12 (Harwich) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 CO12 (Harwich)

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 CO12 (Harwich)

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 CO12 (Harwich)

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 CO12 (Harwich) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CO12 postcode area since 1995.

Recent Sales in CO12 (Harwich)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Litchfield, Harwich, Essex, CO12 4TT£365,000£350,000-£15,00016 Jan 202409 Aug 2024206 Days
28 Oakley Road, Harwich, Essex, CO12 4QZ£280,000£280,000£0011 May 202408 Aug 202489 Days
7 Brooklyn Road, Harwich, Essex, CO12 3QE£205,000£195,000-£10,00006 May 202419 Jul 202474 Days
30 Oakley Road, Harwich, Essex, CO12 4QZ£295,000£285,000-£10,00002 Jan 202419 Jul 2024199 Days
57 Seaview Avenue, Little Oakley, Harwich, Essex, CO12 5JB£275,000£258,000-£17,00008 Mar 202412 Jul 2024126 Days
7 Shackleton Close, Harwich, Essex, CO12 3UD£290,000£287,000-£3,00029 Mar 202405 Jul 202498 Days
Poppins, Wrabness Road, Ramsey, Harwich, Essex, CO12 5NE£425,000£420,000-£5,00007 Nov 202304 Jul 2024240 Days
48 King Georges Avenue, Dovercourt, Harwich, Essex, CO12 4AG£195,000£190,000-£5,00013 Jan 202421 Jun 2024160 Days
31 Chaffinch Drive, Harwich, Essex, CO12 4WL£235,000£233,000-£2,00002 Mar 202414 Jun 2024104 Days
37 Stour Close, Harwich, Essex, CO12 4TL£400,000£365,000-£35,00025 Jan 202410 Jun 2024137 Days
26 Kilmaine Road, Harwich, Essex, CO12 4UZ£210,000£200,000-£10,00028 Dec 202310 Jun 2024165 Days
24 Grafton Road, Harwich, Essex, CO12 3BD£160,000£153,000-£7,00013 Dec 202307 Jun 2024177 Days
32 Parkeston Road, Dovercourt, Harwich, Essex, CO12 4HF£250,000£233,000-£17,00002 Feb 202424 May 2024112 Days
20 The Street, Ramsey, Harwich, Essex, CO12 5HL£250,000£250,000£0029 Aug 202320 May 2024265 Days
15 Elmhurst Road, Harwich, Essex, CO12 3SA£340,000£327,500-£12,50011 Jan 202417 May 2024127 Days
Flat 26, Phoenix Pavilions, Lower Marine Parade, Dovercourt, Harwich, Essex, CO12 3SS£350,000£340,000-£10,00008 Jul 202317 May 2024314 Days
Flat 11, Stour View Court, Stour Road, Harwich, Essex, CO12 3HF£60,000£60,000£0019 Jan 202417 May 2024119 Days
30 Dove Crescent, Harwich, Essex, CO12 4QY£270,000£265,000-£5,00022 Nov 202317 May 2024177 Days
27 Louvain Road, Dovercourt, Harwich, Essex, CO12 3SD£390,000£390,000£0028 Oct 202307 May 2024192 Days
5 Swallow Close, Harwich, Essex, CO12 4WF£280,000£278,000-£2,00006 Feb 202403 May 202487 Days

Most Expensive Streets in CO12 (Harwich)

PostcodeStreetAreaAverageNo. of Sales
CO12 5NEWrabness Road, RamseyHarwich£519,0006
CO12 5EULangham Place, RamseyHarwich£485,8336
CO12 3THQueens RoadHarwich£468,3333
CO12 5FLMichaelstowe Lane, RamseyHarwich£462,08312
CO12 3RZSt Michaels RoadHarwich£451,1004
CO12 5ALFarm Road, Great OakleyHarwich£424,3748
CO12 4QTOakley RoadHarwich£415,0005
CO12 5NWAspen Way, Little OakleyHarwich£412,8333
CO12 5FPOakley Gardens, Little OakleyHarwich£412,0005
CO12 3TWGordon WayHarwich£411,2504

Least Expensive Streets in CO12 (Harwich)

PostcodeStreetAreaAverageNo. of Sales
CO12 3DJFountain Court, Wellington RoadHarwich£74,1663
CO12 4XROakhavenHarwich£74,5004
CO12 3HFStour RoadHarwich£97,8754
CO12 4JPMain RoadHarwich£107,22711
CO12 3HHQuayside Court, The QuayHarwich£108,78514
CO12 3HTMaria StreetHarwich£123,2576
CO12 3LPMain RoadHarwich£123,31811
CO12 3PEThe Mews, Cliff RoadHarwich£126,7005
CO12 4LSTrafalgar YardHarwich£127,5004
CO12 3HPCoke StreetHarwich£128,5004

Explore CO12 (Harwich) using map

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