Hornsea House Prices Hornsea House Prices

The average house price in Hornsea is £298,685 using HM Land Registry data.

The average property price increased by £57,676 (32.89%) over the last 5 years and increased by £11,530 (5.21%) over the last 12 months.

Over the last year, there were 135 residential property sales – a decrease of 19 transactions (-14.07%) relative to the previous year. The majority of house sales (30) were in the £170,000 - £210,000 range. Then came properties in the £130,000 - £170,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,174 (-4%).

In June 2024, there were 20 new estate agency instructions, 19 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in Hornsea

32.89%

Property prices in Hornsea increased by 32.89% 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 Hornsea Over the Last Year

5.21%

Property prices in Hornsea increased by 5.21% 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 Hornsea - 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 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 Hornsea

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 Hornsea

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 Hornsea

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 Hornsea since 1995

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

Recent Property Sales in Hornsea

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Constable Road, Hornsea, East Riding Of Yorkshire, HU18 1PN£345,000£315,000-£30,00001 Mar 202416 May 202476 Days
10 Chrystals Road, Hornsea, East Riding Of Yorkshire, HU18 1PJ£315,000£315,000£0024 Jul 202310 May 2024291 Days
11 Carrington Avenue, Hornsea, East Riding Of Yorkshire, HU18 1JQ£210,000£204,000-£6,00013 Jan 202403 May 2024111 Days
29 St Nicholas Drive, Hornsea, East Riding Of Yorkshire, HU18 1EW£279,950£263,000-£16,95007 Oct 202326 Apr 2024202 Days
6 Cygnet Close, Hornsea, East Riding Of Yorkshire, HU18 1LE£315,000£310,000-£5,00026 Oct 202312 Apr 2024169 Days
1 Sawley Close, Hornsea, East Riding Of Yorkshire, HU18 1EZ£310,000£300,000-£10,00019 Dec 202310 Apr 2024113 Days
Siward, Belvedere Park, Hornsea, East Riding Of Yorkshire, HU18 1JJ£295,000£289,500-£5,50007 Sep 202302 Apr 2024208 Days
8 Eastgate View, Hornsea, East Riding Of Yorkshire, HU18 1DT£99,950£90,000-£9,95021 Dec 202322 Mar 202492 Days
11 Swallow Close, Hornsea, East Riding Of Yorkshire, HU18 1LB£318,995£310,000-£8,99510 Jul 202321 Mar 2024255 Days
8 Hull Road, Hornsea, East Riding Of Yorkshire, HU18 1RL£169,950£169,950£0002 Feb 202420 Mar 202447 Days
80 Ashcourt Drive, Hornsea, East Riding Of Yorkshire, HU18 1HF£164,950£160,000-£4,95020 Oct 202304 Mar 2024136 Days
5 Beechwood, Hornsea, East Riding Of Yorkshire, HU18 1RZ£210,000£200,000-£10,00004 Dec 202328 Feb 202486 Days
17 Lindale Avenue, Hornsea, East Riding Of Yorkshire, HU18 1RN£199,950£197,475-£2,47509 Mar 202309 Feb 2024337 Days
7 Ranby Crescent, Hornsea, East Riding Of Yorkshire, HU18 1SY£159,950£159,950£0004 Nov 202305 Feb 202493 Days
1 Cygnet Close, Hornsea, East Riding Of Yorkshire, HU18 1LE£310,000£292,000-£18,00026 Oct 202329 Jan 202495 Days
16 Westgate, Hornsea, East Riding Of Yorkshire, HU18 1BP£210,000£202,000-£8,00009 Aug 202326 Jan 2024170 Days
30 Stanley Avenue, Hornsea, East Riding Of Yorkshire, HU18 1UG£155,000£155,000£0017 Oct 202322 Jan 202497 Days
22 Whimbrel Avenue, Hornsea, East Riding Of Yorkshire, HU18 1SU£169,950£168,000-£1,95004 Oct 202318 Jan 2024106 Days
15 Belgrave Drive, Hornsea, East Riding Of Yorkshire, HU18 1LU£250,000£250,000£0029 Sep 202309 Jan 2024102 Days
37 Ashcourt Drive, Hornsea, East Riding Of Yorkshire, HU18 1HE£315,000£310,000-£5,00009 Oct 202320 Dec 202372 Days

Most Expensive Streets in Hornsea

PostcodeStreetAreaAverageNo. of Sales
HU18 1URRolston RoadHornsea£528,3333
HU18 1EEWestwood AvenueHornsea£406,2503
HU18 1BSSeaton RoadHornsea£395,6663
HU18 1EQNorthumberland AvenueHornsea£380,6663
HU18 1DRThe RiseHornsea£369,1663
HU18 1USStrawberry GardensHornsea£348,3336
HU18 1XGRolston RoadHornsea£342,1669
HU18 1FBBerry CloseHornsea£333,3163
HU18 1QXBurton RoadHornsea£323,3163
HU18 1BXCheyne WalkHornsea£321,53015

Least Expensive Streets in Hornsea

PostcodeStreetAreaAverageNo. of Sales
HU18 1LNCliff RoadHornsea£82,4833
HU18 1DTEastgate ViewHornsea£103,0836
HU18 1RSMascotte GardensHornsea£104,9005
HU18 1TDRolston RoadHornsea£119,2374
HU18 1BABack SouthgateHornsea£123,5003
HU18 1PZBroadway HouseBroadway£123,72513
HU18 1AFDesmond AvenueHornsea£126,0006
HU18 1SREbor AvenueHornsea£126,2504
HU18 1QEGraingers RoadHornsea£130,1663
HU18 1SXSalisbury AvenueHornsea£132,0003

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