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House Prices in CV47 House Prices in CV47 (Southam)

The average house price in CV47 (Southam) is £303,650 using HM Land Registry data.

The average property price increased by £43,225 (12.19%) over the last 5 years and increased by £8,661 (2.03%) over the last 12 months.

Over the last year, there were 194 residential property sales – a decrease of 189 transactions (-97.42%) relative to the previous year. The majority of house sales (56) were in the £200,000 - £282,000 range. Then came properties in the £282,000 - £364,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,846 (-2%).

In Oct 24, there were 45 new estate agency instructions, 44 agreed home sales and 27 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) - 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 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
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
39 Linley Road, Southam, Warwickshire, CV47 0JY£220,000£218,000-£2,00007 May 202421 Jun 202445 Days
10 Galanos, Long Itchington, Southam, Warwickshire, CV47 9NZ£300,000£295,000-£5,00029 Sep 202307 Jun 2024252 Days
1 Mount Pleasant Close, Stockton, Southam, Warwickshire, CV47 8JD£480,000£450,000-£30,00026 Nov 202305 Jun 2024192 Days
16 Galanos, Long Itchington, Southam, Warwickshire, CV47 9NZ£270,000£269,000-£1,00015 Sep 202331 May 2024259 Days
Martin House, Chapel Street, Bishops Itchington, Southam, Warwickshire, CV47 2RB£500,000£495,000-£5,00026 Jul 202331 May 2024310 Days
32 Tiger Moth Drive, Southam, Warwickshire, CV47 1AS£370,000£367,500-£2,50019 Jan 202431 May 2024133 Days
6 Ash Grove, Southam, Warwickshire, CV47 1EJ£350,000£350,000£0024 Apr 202424 May 202430 Days
1 Meadow Road, Southam, Warwickshire, CV47 1EN£500,000£490,000-£10,00016 Jun 202326 Apr 2024315 Days
Sycamore Lodge, Church Street, Stockton, Southam, Warwickshire, CV47 8JG£650,000£620,000-£30,00022 Jan 202426 Apr 202495 Days
19 The Model Village, Long Itchington, Southam, Warwickshire, CV47 9RB£230,000£230,000£0018 Oct 202319 Apr 2024184 Days
14 Welsh Road West, Southam, Warwickshire, CV47 0JN£399,950£399,500-£45026 Dec 202312 Apr 2024108 Days
14 Mansions Close, Bishops Itchington, Southam, Warwickshire, CV47 2RF£300,000£300,000£0018 Dec 202311 Apr 2024115 Days

Most Expensive Streets in CV47 (Southam)

PostcodeStreetAreaAverageNo. of Sales
CV47 0HYHartley GardensSoutham£1,087,8754
CV47 7SLLondon End, Priors HardwickSoutham£944,3005
CV47 9QAMarton Road, Long ItchingtonSoutham£893,3333
CV47 7AARoebuck Court, Priors MarstonSoutham£740,0003
CV47 0LTNewstead DriveSoutham£700,0003
CV47 2ARAvon DassettSoutham£676,6663
CV47 7RRSchool Lane, Priors MarstonSoutham£661,6666
CV47 8NAVicarage Road, NaptonSoutham£636,1666
CV47 7RQSoutham Road, Priors MarstonSoutham£598,0003
CV47 8PDHowcombe Gardens, NaptonSoutham£591,9905

Least Expensive Streets in CV47 (Southam)

PostcodeStreetAreaAverageNo. of Sales
CV47 1HGWillow GardensSoutham£142,0005
CV47 1PXMarston CroftSoutham£148,97526
CV47 0LUChestnut PlaceSoutham£149,5416
CV47 1PQThe Bull Inn, Bull Street, SouthamSoutham£161,9905
CV47 0JAPark LaneSoutham£165,0003
CV47 2UNAstley Walk, Temple HerdewykeSoutham£175,8333
CV47 0JJLittle ParkSoutham£184,15418
CV47 2UDFalkland Place, Temple HerdewykeSoutham£186,8507
CV47 2YXManor Court, Fenny ComptonSoutham£187,5003
CV47 2USMallard CloseSoutham£189,10015

Explore CV47 (Southam) using map

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