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House Prices in CV31 House Prices in CV31 (Leamington Spa)

The average house price in CV31 (Leamington Spa) is £337,087 using HM Land Registry data.

The average property price increased by £48,008 (15.94%) over the last 5 years and increased by £9,619 (2.58%) over the last 12 months.

Over the last year, there were 330 residential property sales – a decrease of 90 transactions (-27.27%) relative to the previous year. The majority of house sales (101) were in the £250,000 - £310,000 range. Then came properties in the £310,000 - £370,000 range, where 69 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 90 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,530 (-2%).

In Oct 24, there were 52 new estate agency instructions, 46 agreed home sales and 27 property price reductions.

Nearby Postcodes: CV23, CV32, CV33, CV34, CV35, CV47, CV8

5-Year Average Property Prices in CV31 (Leamington Spa)

15.94%

Property prices in Leamington Spa increased by 15.94% 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 CV31 (Leamington Spa) Over the Last Year

2.58%

Property prices in Leamington Spa increased by 2.58% 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 CV31 (Leamington Spa) - 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 CV31 (Leamington Spa)

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 CV31 (Leamington Spa)

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 CV31 (Leamington Spa)

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 CV31 (Leamington Spa) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CV31 postcode area since 1995.

Recent Sales in CV31 (Leamington Spa)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
72 Plymouth Place, Leamington Spa, Warwickshire, CV31 1HW£435,000£427,000-£8,00012 Apr 202409 Aug 2024119 Days
16 Kennan Avenue, Leamington Spa, Warwickshire, CV31 3HY£250,000£237,500-£12,50003 Jan 202402 Aug 2024212 Days
155 Leam Terrace, Leamington Spa, Warwickshire, CV31 1DF£795,000£785,000-£10,00015 Mar 202431 Jul 2024138 Days
3 Silver Birch Grove, Leamington Spa, Warwickshire, CV31 3QY£390,000£387,500-£2,50019 Jan 202431 Jul 2024194 Days
11 Bankcroft, Leamington Spa, Warwickshire, CV31 1YE£270,000£270,000£0023 Apr 202429 Jul 202497 Days
4 Slade Meadow, Radford Semele, Leamington Spa, Warwickshire, CV31 1TL£325,000£315,000-£10,00028 Feb 202426 Jul 2024149 Days
161 Brunswick Street, Leamington Spa, Warwickshire, CV31 2EJ£325,000£325,000£0008 Apr 202424 Jul 2024107 Days
39 Davidson Avenue, Leamington Spa, Warwickshire, CV31 1LT£245,000£240,000-£5,00013 May 202412 Jul 202460 Days
70 Westlea Road, Leamington Spa, Warwickshire, CV31 3JJ£280,000£270,000-£10,00031 Oct 202303 Jul 2024246 Days
51 Hatherell Road, Radford Semele, Leamington Spa, Warwickshire, CV31 1UE£210,000£208,000-£2,00002 Feb 202402 Jul 2024151 Days
57 Hatherell Road, Radford Semele, Leamington Spa, Warwickshire, CV31 1UE£235,000£234,000-£1,00013 Apr 202428 Jun 202476 Days
45 Plymouth Place, Leamington Spa, Warwickshire, CV31 1HW£395,000£386,000-£9,00018 Dec 202328 Jun 2024193 Days
68 Queensway, Leamington Spa, Warwickshire, CV31 3JZ£325,000£325,000£0014 Nov 202327 Jun 2024226 Days
221 Chesterton Drive, Leamington Spa, Warwickshire, CV31 1YJ£265,000£265,000£0013 Jan 202421 Jun 2024160 Days
16 Brunel Close, Whitnash, Leamington Spa, Warwickshire, CV31 2QG£315,000£310,000-£5,00025 Jan 202414 Jun 2024141 Days
2c, Rushmore Street, Leamington Spa, Warwickshire, CV31 1JA£120,000£115,000-£5,00009 Nov 202314 Jun 2024218 Days
70 Lewis Road, Radford Semele, Leamington Spa, Warwickshire, CV31 1UQ£425,000£395,000-£30,00024 Jul 202314 May 2024295 Days
31 Packwood Close, Leamington Spa, Warwickshire, CV31 1FL£300,000£285,000-£15,00024 Oct 202314 May 2024203 Days
85 Moorhill Road, Whitnash, Leamington Spa, Warwickshire, CV31 2LQ£280,000£275,000-£5,00029 Feb 202409 May 202470 Days
5 Lockheed Close, Leamington Spa, Warwickshire, CV31 3RS£240,000£240,000£0018 Jul 202330 Apr 2024287 Days

Most Expensive Streets in CV31 (Leamington Spa)

PostcodeStreetAreaAverageNo. of Sales
CV31 3PQAvenue RoadLeamington Spa£1,238,3333
CV31 1DELeam TerraceLeamington Spa£935,6254
CV31 1DLWilles TerraceLeamington Spa£755,0003
CV31 1JPSt Marys RoadLeamington Spa£681,6663
CV31 1JLSt Marys CrescentLeamington Spa£678,8754
CV31 3PTArchery RoadLeamington Spa£677,0505
CV31 1WLElyward Drive, Radford SemeleLeamington Spa£673,6629
CV31 1TNOffchurch Lane, Radford SemeleLeamington Spa£672,1647
CV31 1BBLeam TerraceLeamington Spa£669,95010
CV31 1TRChance Fields, Radford SemeleLeamington Spa£660,6663

Least Expensive Streets in CV31 (Leamington Spa)

PostcodeStreetAreaAverageNo. of Sales
CV31 3QPHitchman Court, Hitchman RoadLeamington Spa£97,2147
CV31 3SNStephenson Court, Station ApproachLeamington Spa£106,0833
CV31 1HURyland CloseLeamington Spa£118,3005
CV31 1HQForfield PlaceLeamington Spa£123,7504
CV31 2HJSt Margarets House, Church CloseLeamington Spa£133,6663
CV31 3BFYew Tree CourtLeamington Spa£137,9647
CV31 2DXBrunswick StreetLeamington Spa£142,5003
CV31 1RJBlakelands AvenueLeamington Spa£145,0003
CV31 1LLWarneford MewsLeamington Spa£145,6666
CV31 3RUPrince Regent Court, Charlotte Street, Leamington SpaLeamington Spa£162,3336

Explore CV31 (Leamington Spa) using map

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