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House Prices in PR8 House Prices in PR8 (Southport)

The average house price in PR8 (Southport) is £286,869 using HM Land Registry data.

The average property price increased by £48,688 (24.94%) over the last 5 years and increased by £9,733 (3.79%) over the last 12 months.

Over the last year, there were 666 residential property sales – a decrease of 298 transactions (-44.74%) relative to the previous year. The majority of house sales (166) were in the £120,000 - £184,000 range. Then came properties in the £184,000 - £248,000 range, where 154 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,121 (-2%).

In June 2024, there were 153 new estate agency instructions, 117 agreed home sales and 68 property price reductions.

Nearby Postcodes: L29, L31, L33, L37, L38, L39, L40, PR26, PR4, PR7, PR9, WA11, WN6, WN8

5-Year Average Property Prices in PR8 (Southport)

24.94%

Property prices in Southport increased by 24.94% 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 PR8 (Southport) Over the Last Year

3.79%

Property prices in Southport increased by 3.79% 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 PR8 (Southport) - June 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 PR8 (Southport)

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 PR8 (Southport)

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 PR8 (Southport)

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 PR8 (Southport) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PR8 postcode area since 1995.

Recent Sales in PR8 (Southport)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Hartley Crescent, Southport, Merseyside, PR8 4SG£495,000£470,000-£25,00016 Sep 202310 May 2024237 Days
733 Liverpool Road, Southport, Merseyside, PR8 3NS£425,000£404,000-£21,00020 Feb 202409 May 202479 Days
48 Thirlmere Drive, Southport, Merseyside, PR8 3TY£235,000£235,000£0023 Mar 202325 Apr 2024399 Days
17 Banastre Road, Southport, Merseyside, PR8 5AW£145,000£137,500-£7,50029 Jan 202419 Apr 202481 Days
2 Clive Lodge, Southport, Merseyside, PR8 4QY£240,000£240,000£0001 Dec 202319 Apr 2024140 Days
87 Heathfield Road, Southport, Merseyside, PR8 3DY£260,000£255,000-£5,00006 Nov 202319 Apr 2024165 Days
2 Kempton Park Fold, Southport, Merseyside, PR8 5PL£220,000£195,000-£25,00014 Sep 202312 Apr 2024211 Days
61 Ruddington Road, Southport, Merseyside, PR8 6XD£260,000£255,000-£5,00008 Dec 202308 Apr 2024122 Days
46 Sefton Street, Southport, Merseyside, PR8 6SD£210,000£197,500-£12,50020 Dec 202305 Apr 2024107 Days
12 Hart Street, Southport, Merseyside, PR8 6BT£150,000£140,100-£9,90015 Aug 202305 Apr 2024234 Days
149 Boundary Street, Southport, Merseyside, PR8 5EH£180,000£176,500-£3,50021 Nov 202304 Apr 2024135 Days
137b, Hampton Road, Southport, Merseyside, PR8 5DY£165,000£165,000£0004 Jan 202428 Mar 202484 Days
44 Vaughan Road, Southport, Merseyside, PR8 4BX£139,000£129,000-£10,00024 Oct 202328 Mar 2024156 Days
34 Clifton Road, Southport, Merseyside, PR8 6HN£200,000£200,000£0001 Dec 202328 Mar 2024118 Days
11 Balfour Road, Southport, Merseyside, PR8 6LE£425,000£410,000-£15,00013 Feb 202327 Mar 2024408 Days
39 Bowness Avenue, Southport, Merseyside, PR8 3QP£300,000£300,000£0008 Jan 202421 Mar 202473 Days
26 Chestnut Street, Southport, Merseyside, PR8 6QG£250,000£241,500-£8,50012 Jan 202415 Mar 202463 Days
9 Duke Avenue, Southport, Merseyside, PR8 5EW£149,950£142,000-£7,95025 Oct 202313 Mar 2024140 Days
Flat 33, Maritime Court, Promenade, Southport, Merseyside, PR8 1SP£140,000£140,000£0019 May 202311 Mar 2024297 Days
20 Crockleford Avenue, Southport, Merseyside, PR8 6UA£270,000£250,000-£20,00029 Nov 202306 Mar 202498 Days

Most Expensive Streets in PR8 (Southport)

PostcodeStreetAreaAverageNo. of Sales
PR8 2NWWaterloo RoadSouthport£772,3754
PR8 2JBWestbourne RoadSouthport£757,5003
PR8 2NJTrafalgar RoadSouthport£750,5836
PR8 3AYWaterloo RoadSouthport£733,2504
PR8 2PUShore Road, AinsdaleSouthport£681,8663
PR8 2NAWaterloo Road, BirkdaleSouthport£680,0003
PR8 2HGBreeze RoadSouthport£661,1507
PR8 2HZWestbourne RoadSouthport£652,6427
PR8 2HFTrafalgar RoadSouthport£644,1163
PR8 2LGLancaster RoadSouthport£630,6663

Least Expensive Streets in PR8 (Southport)

PostcodeStreetAreaAverageNo. of Sales
PR8 1DSNorth House, Eastbank Street, SouthportSouthport£51,7504
PR8 1NBSt. Pauls Mansion, St Pauls Street, SouthportSouthport£62,72711
PR8 6QFScarisbrick New RoadSouthport£62,8005
PR8 3BHLiverpool RoadSouthport£64,24625
PR8 1DGEastbank StreetSouthport£64,2504
PR8 1BNWesley StreetSouthport£69,1663
PR8 6PEScarisbrick New RoadSouthport£79,1663
PR8 2DXWeldale House, Chase CloseSouthport£84,64011
PR8 6QRScarisbrick New RoadSouthport£88,6663
PR8 2JTOxford RoadSouthport£89,6663

Explore PR8 (Southport) using map

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