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House Prices in CV47 House Prices in CV47 (Southam)

The average house price in CV47 (Southam) is £462,093 using HM Land Registry data.

The average property price increased by £47,244 (12.19%) over the last 5 years and increased by £9,466 (2.03%) over the last 12 months.

Over the last year, there were 205 residential property sales – a decrease of 165 transactions (-80.49%) relative to the previous year. The majority of house sales (64) were in the £268,000 - £356,000 range. Then came properties in the £180,000 - £268,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 123 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,345 (-2%).

In Dec 24, there were 45 new estate agency instructions, 29 agreed home sales and 23 property price reductions.

Nearby Postcodes: B93, B94, B95, CV2, CV21, CV22, CV23, CV3, CV31, CV32, CV33, CV34, CV35, CV36, CV37, CV7, CV8, LE10, LE17, NN11, NN12, NN13, NN6, NN7, OX15, OX16, OX17, OX27

5-Year Average Property Prices in CV47 (Southam)

12.19%

Property prices in Southam increased by 12.19% 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 CV47 (Southam) Over the Last Year

2.03%

Property prices in Southam increased by 2.03% 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 CV47 (Southam) - Dec 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 CV47 (Southam)

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 CV47 (Southam)

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 CV47 (Southam)

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 CV47 (Southam) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CV47 postcode area since 1995.

Recent Sales in CV47 (Southam)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Poplar Close, Knightcote, Southam, Warwickshire, CV47 2SG£570,000£550,000-£20,00027 Jun 202401 Nov 2024127 Days
11 Butchers Close, Bishops Itchington, Southam, Warwickshire, CV47 2PX£350,000£350,000£0020 Jun 202401 Nov 2024134 Days
12 Beech Close, Southam, Warwickshire, CV47 1HU£315,000£312,500-£2,50003 May 202401 Nov 2024182 Days
4 Old Ford Avenue, Southam, Warwickshire, CV47 0LH£269,950£260,000-£9,95017 Jun 202401 Nov 2024137 Days
12 Butchers Close, Bishops Itchington, Southam, Warwickshire, CV47 2PX£330,000£320,000-£10,00010 Jul 202425 Oct 2024107 Days
19 Hillyard Road, Southam, Warwickshire, CV47 0LD£320,000£315,000-£5,00012 Mar 202425 Oct 2024227 Days
11 Bishops Gate, Bishops Itchington, Southam, Warwickshire, CV47 2UT£220,000£215,000-£5,00008 Jun 202425 Oct 2024139 Days
8 Elm Close, Southam, Warwickshire, CV47 1HT£250,000£242,500-£7,50005 Aug 202425 Oct 202481 Days
16 Tattle Bank, Southam, Warwickshire, CV47 1NU£220,000£215,000-£5,00018 Apr 202425 Oct 2024190 Days
4 Butchers Close, Bishops Itchington, Southam, Warwickshire, CV47 2PX£360,000£345,000-£15,00017 May 202425 Oct 2024161 Days
9 Astley Walk, Temple Herdewyke, Southam, Warwickshire, CV47 2UN£190,000£190,000£0006 Feb 202418 Oct 2024255 Days
Christmas Cottage, High Street, Napton, Southam, Warwickshire, CV47 8NB£395,000£387,500-£7,50027 Jun 202418 Oct 2024113 Days
2 Grange Close, Southam, Warwickshire, CV47 0JR£355,000£355,000£0008 Mar 202408 Aug 2024153 Days
77 Welsh Road West, Southam, Warwickshire, CV47 0JP£310,000£310,000£0027 Feb 202402 Aug 2024157 Days
5 Hillyard Road, Southam, Warwickshire, CV47 0LA£440,000£427,500-£12,50023 Feb 202426 Jul 2024154 Days
3 Stowe Drive, Southam, Warwickshire, CV47 1NY£315,000£305,000-£10,00008 Apr 202426 Jul 2024109 Days
31 Hampden Court, Temple Herdewyke, Southam, Warwickshire, CV47 2UE£210,000£202,000-£8,00028 Feb 202419 Jul 2024142 Days
138 Linley Road, Southam, Warwickshire, CV47 0JZ£150,000£150,000£0029 Mar 202419 Jul 2024112 Days
3 Parrish Close, Bishops Itchington, Southam, Warwickshire, CV47 2YR£309,995£305,000-£4,99515 Feb 202428 Jun 2024134 Days
Little Paddocks, Collingham Lane, Long Itchington, Southam, Warwickshire, CV47 9QW£850,000£850,000£0013 Jan 202427 Jun 2024166 Days

Most Expensive Streets in CV47 (Southam)

PostcodeStreetAreaAverageNo. of Sales
CV47 7RTVicarage Lane, Priors MarstonSoutham£1,105,0003
CV47 0HYHartley GardensSoutham£1,087,8754
CV47 7SLLondon End, Priors HardwickSoutham£944,3005
CV47 7SPLower End, Priors HardwickSoutham£845,0003
CV47 7AARoebuck Court, Priors MarstonSoutham£740,0003
CV47 0LTNewstead DriveSoutham£700,0003
CV47 2ARAvon DassettSoutham£676,6663
CV47 8NAVicarage Road, NaptonSoutham£636,1666
CV47 7RRSchool Lane, Priors MarstonSoutham£610,0007
CV47 7RQSoutham Road, Priors MarstonSoutham£598,0003

Least Expensive Streets in CV47 (Southam)

PostcodeStreetAreaAverageNo. of Sales
CV47 1HGWillow GardensSoutham£142,0005
CV47 1PXMarston CroftSoutham£149,40628
CV47 0LUChestnut PlaceSoutham£149,5416
CV47 1PQThe Bull Inn, Bull Street, SouthamSoutham£161,9905
CV47 0JAPark LaneSoutham£165,0003
CV47 2UNAstley Walk, Temple HerdewykeSoutham£179,3754
CV47 0JJLittle ParkSoutham£184,09017
CV47 2YXManor Court, Fenny ComptonSoutham£187,5003
CV47 1PJMountfield GardensSoutham£187,6505
CV47 2USMallard CloseSoutham£188,02917

Explore CV47 (Southam) using map

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