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House Prices in NG34 House Prices in NG34 (Sleaford)

The average house price in NG34 (Sleaford) is £223,391 using HM Land Registry data.

The average property price increased by £54,823 (34.68%) over the last 5 years and increased by £10,984 (4.94%) over the last 12 months.

Over the last year, there were 437 residential property sales – a decrease of 226 transactions (-51.72%) relative to the previous year. The majority of house sales (113) were in the £184,000 - £238,000 range. Then came properties in the £130,000 - £184,000 range, where 109 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,022 (-2%).

In Oct 24, there were 132 new estate agency instructions, 86 agreed home sales and 73 property price reductions.

Nearby Postcodes: LE14, LE15, LN1, LN10, LN2, LN3, LN4, LN5, LN6, NG13, NG23, NG24, NG31, NG32, NG33, PE10, PE11, PE12, PE20, PE21, PE22, PE6, PE9

5-Year Average Property Prices in NG34 (Sleaford)

34.68%

Property prices in Sleaford increased by 34.68% 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 NG34 (Sleaford) Over the Last Year

4.94%

Property prices in Sleaford increased by 4.94% 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 NG34 (Sleaford) - 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 NG34 (Sleaford)

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 NG34 (Sleaford)

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 NG34 (Sleaford)

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 NG34 (Sleaford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the NG34 postcode area since 1995.

Recent Sales in NG34 (Sleaford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Lambourne Way, Heckington, Sleaford, Lincolnshire, NG34 9TT£375,000£375,000£0030 Apr 202422 Aug 2024114 Days
8 Wheelwright Court, Anwick, Sleaford, Lincolnshire, NG34 9UA£200,000£196,000-£4,00002 Jan 202419 Aug 2024230 Days
11 Murrayfield Avenue, Greylees, Sleaford, Lincolnshire, NG34 8GP£325,000£320,000-£5,00026 Aug 202316 Aug 2024356 Days
2 Sandhurst Crescent, Sleaford, Lincolnshire, NG34 7PE£185,000£177,500-£7,50026 Jan 202413 Aug 2024200 Days
56 Edmunds Road, Cranwell Village, Sleaford, Lincolnshire, NG34 8EL£165,000£165,000£0025 Mar 202409 Aug 2024137 Days
17 Covel Road, Sleaford, Lincolnshire, NG34 8BP£375,000£375,000£0029 Apr 202408 Aug 2024101 Days
9 Eagle Drive, Sleaford, Lincolnshire, NG34 7UX£230,000£225,000-£5,00008 Mar 202406 Aug 2024151 Days
10 Main Road, Little Hale, Sleaford, Lincolnshire, NG34 9BA£190,000£190,000£0015 May 202405 Aug 202482 Days
Flat 27, Moores Court, Jermyn Street, Sleaford, Lincolnshire, NG34 7UL£76,000£71,000-£5,00025 Sep 201831 Jul 20242136 Days
19 Hawthorn Drive, Sleaford, Lincolnshire, NG34 7GZ£220,000£215,000-£5,00030 Jan 202431 Jul 2024183 Days
12 Banks Lane, Heckington, Sleaford, Lincolnshire, NG34 9QY£159,950£158,000-£1,95006 Mar 202430 Jul 2024146 Days
8 Elizabeth Drive, Billingborough, Sleaford, Lincolnshire, NG34 0LR£160,000£150,000-£10,00008 Mar 202426 Jul 2024140 Days
59 St Johns Close, Leasingham, Sleaford, Lincolnshire, NG34 8LU£375,000£360,000-£15,00011 Apr 202323 Jul 2024469 Days
28 Sleaford Road, Ruskington, Sleaford, Lincolnshire, NG34 9BY£275,000£275,000£0003 May 202422 Jul 202480 Days
16 Flowerdown Avenue, Cranwell, Sleaford, Lincolnshire, NG34 8HZ£155,000£155,000£0018 May 202422 Jul 202465 Days
10 Bramling Way, Sleaford, Lincolnshire, NG34 7TS£160,000£145,000-£15,00014 Feb 202419 Jul 2024156 Days
40 Oak Road, Sleaford, Lincolnshire, NG34 7UF£230,000£220,000-£10,00008 Dec 202317 Jul 2024222 Days
22 Northumbria Road, Quarrington, Sleaford, Lincolnshire, NG34 8UT£325,000£323,000-£2,00015 Sep 202311 Jul 2024300 Days
11 Aidan Road, Quarrington, Sleaford, Lincolnshire, NG34 8UU£279,950£275,000-£4,95017 Feb 202408 Jul 2024142 Days
46 Mareham Lane, Sleaford, Lincolnshire, NG34 7FS£199,950£196,000-£3,95019 Apr 202408 Jul 202480 Days

Most Expensive Streets in NG34 (Sleaford)

PostcodeStreetAreaAverageNo. of Sales
NG34 9PTHowellSleaford£760,0004
NG34 0TBSappertonSleaford£635,6663
NG34 9XAThe Maples, Great HaleSleaford£556,7264
NG34 0LDMillthorpeSleaford£543,3333
NG34 0BZAsgarby Road, Burton PedwardineSleaford£537,5003
NG34 8RTNorthfield Road, QuarringtonSleaford£533,3336
NG34 7TETower ViewSleaford£525,0003
NG34 0BAGreen Lane, ThreekinghamSleaford£521,1663
NG34 9PBEvedonSleaford£509,3754
NG34 8QGMain Street, South RaucebySleaford£509,0005

Least Expensive Streets in NG34 (Sleaford)

PostcodeStreetAreaAverageNo. of Sales
NG34 8REThe HedgerowsSleaford£68,6666
NG34 0PTGrosvenor Mews, BillingboroughSleaford£74,62512
NG34 7RWHandley Court MewsSleaford£75,4874
NG34 7ZXThe Folly, EastgateSleaford£79,5663
NG34 7ULMoores Court, Jermyn Street, SleafordSleaford£87,27231
NG34 7ERBoston RoadSleaford£90,2005
NG34 7PSLeicester StreetSleaford£97,8758
NG34 8SQFurlong Way, HoldinghamSleaford£98,8507
NG34 7BQBishops CourtSleaford£104,9005
NG34 7TTBerkeley CourtSleaford£105,35010

Explore NG34 (Sleaford) using map

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