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Leiston House Prices

The average house price in Leiston is £290,750 using HM Land Registry data.

The average property price increased by £58,667 (25.13%) over the last 5 years and increased by £11,728 (4.18%) over the last 12 months.

Over the last year, there were 68 residential property sales – a decrease of 79 transactions (-116.18%) relative to the previous year. The majority of house sales (21) were in the £140,000 - £202,000 range. Then came properties in the £202,000 - £264,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 98 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,875 (-1%).

In Oct 24, there were 5 new estate agency instructions, 8 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in Leiston

25.13%

Property prices in Leiston increased by 25.13% 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 Leiston Over the Last Year

4.18%

Property prices in Leiston increased by 4.18% 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.

Property Market Heat Gauge for Leiston - 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 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 Leiston

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 Leiston

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 Leiston

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 Leiston since 1995

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

Recent Property Sales in Leiston

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 West Hill, Aldringham, Leiston, Suffolk, IP16 4QE	£270,000	£220,000	-£50,000	13 Oct 2023	14 Jun 2024	245 Days
44 Westward Ho, Leiston, Suffolk, IP16 4HU	£220,000	£205,000	-£15,000	29 Jan 2024	26 Apr 2024	88 Days
31 Valley Road, Leiston, Suffolk, IP16 4AQ	£210,000	£200,000	-£10,000	11 Jan 2024	11 Apr 2024	91 Days
146 Heath View, Leiston, Suffolk, IP16 4JL	£255,000	£240,000	-£15,000	08 Jan 2024	11 Apr 2024	94 Days
16 Hodgson Avenue, Leiston, Suffolk, IP16 4WF	£255,000	£248,500	-£6,500	20 Sep 2023	05 Apr 2024	198 Days
41 Long Row, Leiston, Suffolk, IP16 4AH	£150,000	£140,000	-£10,000	27 Sep 2023	28 Mar 2024	183 Days
98 Haylings Road, Leiston, Suffolk, IP16 4DT	£350,000	£310,000	-£40,000	08 Jun 2023	22 Mar 2024	288 Days
39 Westward Ho, Leiston, Suffolk, IP16 4HX	£255,000	£250,000	-£5,000	21 Apr 2023	14 Mar 2024	328 Days
16 Crown Street, Leiston, Suffolk, IP16 4AX	£150,000	£147,500	-£2,500	09 Nov 2023	08 Mar 2024	120 Days
34 Southfield Drive, Leiston, Suffolk, IP16 4DP	£450,000	£445,000	-£5,000	10 Nov 2023	23 Feb 2024	105 Days
41 Lime Tree Avenue, Leiston, Suffolk, IP16 4EH	£220,000	£205,000	-£15,000	17 Oct 2023	15 Jan 2024	90 Days
5b, King Edward Road, Leiston, Suffolk, IP16 4HQ	£275,000	£265,000	-£10,000	02 Aug 2023	10 Jan 2024	161 Days
125 Carr Avenue, Leiston, Suffolk, IP16 4AT	£218,000	£205,000	-£13,000	13 Jul 2023	09 Jan 2024	180 Days
43 Kings Road, Leiston, Suffolk, IP16 4DA	£155,000	£145,000	-£10,000	25 Sep 2023	08 Dec 2023	74 Days
76 Westward Ho, Leiston, Suffolk, IP16 4HU	£219,995	£217,000	-£2,995	31 Aug 2023	24 Nov 2023	85 Days
4 Abbey Road, Leiston, Suffolk, IP16 4HZ	£125,000	£120,000	-£5,000	11 Aug 2023	17 Nov 2023	98 Days
9 Haven Road, Leiston, Suffolk, IP16 4AZ	£175,000	£170,000	-£5,000	01 Aug 2023	16 Nov 2023	107 Days
8 Sylvester Road, Leiston, Suffolk, IP16 4BH	£230,000	£220,000	-£10,000	12 Sep 2023	13 Nov 2023	62 Days
10 Prospect Place, Leiston, Suffolk, IP16 4AL	£160,000	£151,000	-£9,000	01 Aug 2023	07 Nov 2023	98 Days
124 King Georges Avenue, Leiston, Suffolk, IP16 4JJ	£262,500	£253,000	-£9,500	21 Feb 2023	26 Sep 2023	217 Days

Most Expensive Streets in Leiston

Postcode	Street	Area	Average	No. of Sales
IP16 4DT	Haylings Road	Leiston	£446,666	3
IP16 4PZ	Mill Hill	Aldringham	£436,000	8
IP16 4TA	Abbey Road	Leiston	£405,000	3
IP16 4PT	Aldeburgh Road	Aldringham	£397,166	3
IP16 4FJ	Rowley Mews	Leiston	£397,142	7
IP16 4UG	Poppy Way	Leiston	£372,785	7
IP16 4FN	Oak Drive	Aldringham	£372,588	17
IP16 4LR	Red House Lane	Leiston	£371,500	4
IP16 4WQ	Perrett Way	Leiston	£363,974	10
IP16 4DU	Haylings Grove	Leiston	£356,250	4

Least Expensive Streets in Leiston

Postcode	Street	Area	Average	No. of Sales
IP16 4AQ	Valley Road	Leiston	£131,500	5
IP16 4AH	Long Row	Leiston	£140,916	6
IP16 4GW	Waterloo Park	Leiston	£156,750	6
IP16 4EZ	Roberts Road	Leiston	£160,000	7
IP16 4DA	Kings Road	Leiston	£164,214	7
IP16 4AR	Archway Cottages	Valley Road	£164,833	3
IP16 4WP	Colonial House	Station Road	£165,833	3
IP16 4DG	Cross Street	Leiston	£166,750	6
IP16 4BZ	High Street	Leiston	£171,250	4
IP16 4AL	Prospect Place	Leiston	£173,250	6