House Prices in CO14 House Prices in CO14 (Walton On The Naze)

The average house price in CO14 (Walton On The Naze) is £295,000 using HM Land Registry data.

The average property price increased by £48,085 (20.48%) over the last 5 years and increased by £9,635 (3.21%) over the last 12 months.

Over the last year, there were 69 residential property sales – a decrease of 44 transactions (-63.77%) relative to the previous year. The majority of house sales (22) were in the £246,000 - £294,000 range. Then came properties in the £198,000 - £246,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,137 (-3%).

In Oct 24, there were 27 new estate agency instructions, 23 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in CO14 (Walton On The Naze)

20.48%

Property prices in Walton On The Naze increased by 20.48% 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 CO14 (Walton On The Naze) Over the Last Year

3.21%

Property prices in Walton On The Naze increased by 3.21% 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 CO14 (Walton On The Naze) - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 CO14 (Walton On The Naze)

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 CO14 (Walton On The Naze)

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 CO14 (Walton On The Naze)

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 CO14 (Walton On The Naze) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CO14 postcode area since 1995.

Recent Sales in CO14 (Walton On The Naze)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
69 Woodside, Walton On The Naze, Essex, CO14 8NR£295,000£262,500-£32,50003 Oct 202309 Aug 2024311 Days
24 Thorns Way, Walton On The Naze, Essex, CO14 8SB£310,000£310,000£0015 May 202426 Jul 202472 Days
13 Grove Avenue, Walton On The Naze, Essex, CO14 8QX£185,000£172,500-£12,50007 Mar 202405 Jul 2024120 Days
20 Chamberlain Avenue, Walton On The Naze, Essex, CO14 8TG£369,995£364,000-£5,99512 Jan 202427 Jun 2024167 Days
68 Kirby Road, Walton On The Naze, Essex, CO14 8RJ£375,000£365,000-£10,00024 Jan 202424 May 2024121 Days
7 Bennett Close, Walton On The Naze, Essex, CO14 8SE£300,000£290,000-£10,00013 Feb 202417 May 202494 Days
19 Second Avenue, Walton On The Naze, Essex, CO14 8JS£225,000£218,000-£7,00022 Jan 202413 May 2024112 Days
28 Great Harrods, Walton On The Naze, Essex, CO14 8UN£275,000£250,000-£25,00004 Aug 202307 May 2024277 Days
129 Rochford Way, Walton On The Naze, Essex, CO14 8SP£320,000£310,000-£10,00004 Nov 202329 Apr 2024177 Days
1 Kirby Road, Walton On The Naze, Essex, CO14 8QP£265,000£210,000-£55,00001 Jun 202326 Apr 2024330 Days
39 Woodberry Way, Walton On The Naze, Essex, CO14 8EL£360,000£356,000-£4,00016 Sep 202322 Apr 2024219 Days
126 Clays Road, Walton On The Naze, Essex, CO14 8UB£375,000£360,000-£15,00022 Jun 202312 Apr 2024295 Days
13 Seaview Heights, Walton On The Naze, Essex, CO14 8ET£255,000£250,000-£5,00008 Aug 202303 Apr 2024239 Days
84 Rochford Way, Walton On The Naze, Essex, CO14 8SP£369,995£369,995£0026 Jul 202302 Apr 2024251 Days
17 Florence Road, Walton On The Naze, Essex, CO14 8HP£290,000£285,000-£5,00026 Nov 202328 Mar 2024123 Days
5 Woodfield Close, Walton On The Naze, Essex, CO14 8UL£285,000£280,000-£5,00020 Sep 202327 Mar 2024189 Days
11 Pightle Way, Walton On The Naze, Essex, CO14 8UJ£399,995£394,000-£5,99503 Nov 202327 Mar 2024145 Days
14 Florence Road, Walton On The Naze, Essex, CO14 8HP£350,000£315,000-£35,00022 Jul 202320 Mar 2024242 Days
54b, Hall Lane, Walton On The Naze, Essex, CO14 8HD£155,000£135,000-£20,00029 Aug 202318 Mar 2024202 Days
29 Florence Road, Walton On The Naze, Essex, CO14 8HP£300,000£285,000-£15,00002 Oct 202327 Feb 2024148 Days

Most Expensive Streets in CO14 (Walton On The Naze)

PostcodeStreetAreaAverageNo. of Sales
CO14 8LDSunny PointWalton On The Naze£623,7504
CO14 8PYEast TerraceWalton On The Naze£583,3333
CO14 8LFOld Hall LaneWalton On The Naze£568,3313
CO14 8LEOld Hall LaneWalton On The Naze£536,6663
CO14 8RBKirby RoadWalton On The Naze£401,1023
CO14 8FFThe CreekWalton On The Naze£382,0836
CO14 8EWWoodberry WayWalton On The Naze£372,5003
CO14 8HAGreen LaneWalton On The Naze£356,4287
CO14 8RJKirby RoadWalton On The Naze£354,0005
CO14 8TAKirby RoadWalton On The Naze£339,6005

Least Expensive Streets in CO14 (Walton On The Naze)

PostcodeStreetAreaAverageNo. of Sales
CO14 8PSHavencroft Court, North Street, Walton On The NazeWalton On The Naze£80,55010
CO14 8SNGatefield Court, Gatefield CloseWalton On The Naze£106,6653
CO14 8LHElizabeth Court, Louise CloseWalton On The Naze£136,7005
CO14 8PBAlfred TerraceWalton On The Naze£150,8333
CO14 8DDGreat Eastern Court, Woodberry WayWalton On The Naze£151,3336
CO14 8LTWalton RoadWalton On The Naze£166,1427
CO14 8QDHomelea, Princes EsplanadeWalton On The Naze£166,19510
CO14 8PLSaville StreetWalton On The Naze£166,3005
CO14 8APThe ParadeWalton On The Naze£173,3005
CO14 8PDAlfred TerraceWalton On The Naze£178,2504

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