Meltham House Prices Meltham House Prices

The average house price in Meltham is £215,750 using HM Land Registry data.

The average property price increased by £96,897 (49.4%) over the last 5 years and increased by £19,371 (7.08%) over the last 12 months.

Over the last year, there were 100 residential property sales – a decrease of 50 transactions (-50.00%) relative to the previous year. The majority of house sales (22) were in the £130,000 - £178,000 range. Then came properties in the £178,000 - £226,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 94 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,806 (-3%).

In Oct 24, there were 17 new estate agency instructions, 16 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in Meltham

49.4%

Property prices in Meltham increased by 49.4% 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 Meltham Over the Last Year

7.08%

Property prices in Meltham increased by 7.08% 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 Meltham - 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 Meltham

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 Meltham

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 Meltham

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 Meltham since 1995

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

Recent Property Sales in Meltham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
54 Colders Lane, Meltham, Holmfirth, West Yorkshire, HD9 5JL£265,000£265,000£0006 Apr 202415 Jul 2024100 Days
24 Sycamore Avenue, Meltham, Holmfirth, West Yorkshire, HD9 4EE£300,000£295,000-£5,00019 Dec 202305 Jul 2024199 Days
15 Orchard Close, Meltham, Holmfirth, West Yorkshire, HD9 4EG£240,000£234,000-£6,00026 Dec 202325 Jun 2024182 Days
11 Howard Way, Meltham, Holmfirth, West Yorkshire, HD9 4NW£295,000£295,000£0008 Jan 202424 May 2024137 Days
36 Moorland Rise, Meltham, Holmfirth, West Yorkshire, HD9 5NA£220,000£210,000-£10,00012 Jan 202424 May 2024133 Days
39 Wessenden Head Road, Meltham, Holmfirth, West Yorkshire, HD9 4ET£142,500£142,500£0013 Dec 202326 Apr 2024135 Days
11 Thick Hollins, Meltham, Holmfirth, West Yorkshire, HD9 4DQ£120,000£111,750-£8,25031 Oct 202308 Apr 2024160 Days
12 New Street, Meltham, Holmfirth, West Yorkshire, HD9 5NT£155,000£145,000-£10,00024 Mar 202327 Mar 2024369 Days
51 Helme Lane, Meltham, Holmfirth, West Yorkshire, HD9 5PF£175,000£171,000-£4,00007 Nov 202322 Mar 2024136 Days
37 Bishops Way, Meltham, Holmfirth, West Yorkshire, HD9 4BW£425,000£412,500-£12,50004 Nov 202322 Mar 2024139 Days
33 Whingrove Avenue, Meltham, Holmfirth, West Yorkshire, HD9 5LP£250,000£240,000-£10,00006 Oct 202322 Mar 2024168 Days
34 Pavilion Way, Meltham, Holmfirth, West Yorkshire, HD9 5QW£260,000£257,500-£2,50007 Oct 202301 Mar 2024146 Days
19 Thick Hollins, Meltham, Holmfirth, West Yorkshire, HD9 4DQ£265,000£265,000£0013 Jun 202301 Mar 2024262 Days
38 Birmingham Lane, Meltham, Holmfirth, West Yorkshire, HD9 5LH£315,000£297,000-£18,00015 Sep 202301 Mar 2024168 Days
11 Nab Crescent, Meltham, Holmfirth, West Yorkshire, HD9 5LT£165,000£158,000-£7,00005 Dec 202329 Feb 202486 Days
74 Broadlands, Meltham, Holmfirth, West Yorkshire, HD9 5QY£185,000£185,000£0016 Sep 202322 Jan 2024128 Days
16 Matthew Lane, Meltham, Holmfirth, West Yorkshire, HD9 5JS£150,000£145,800-£4,20002 Oct 202319 Jan 2024109 Days
3 Upper Sunny Bank Mews, Meltham, Holmfirth, West Yorkshire, HD9 5AA£150,000£135,000-£15,00027 Feb 202311 Jan 2024318 Days
10 Mile End, Meltham, Holmfirth, West Yorkshire, HD9 4HU£195,000£186,000-£9,00021 Aug 202311 Jan 2024143 Days
42 Holmfirth Road, Meltham, Holmfirth, West Yorkshire, HD9 4DB£260,000£250,000-£10,00014 Oct 202305 Jan 202483 Days

Most Expensive Streets in Meltham

PostcodeStreetAreaAverageNo. of Sales
HD9 5LJRed LaneMeltham£439,1663
HD9 4BWBishops WayMeltham£411,2006
HD9 4ELHall CloseMeltham£400,8758
HD9 5PWSlaithwaite RoadMeltham£376,18111
HD9 5QGThe CobblesMeltham£356,6663
HD9 5JLColders LaneMeltham£350,4298
HD9 4FEWoodland WalkMeltham£348,84613
HD9 5ATMeltham GrangeMeltham£337,5008
HD9 5PGSlaithwaite RoadMeltham£326,5004
HD9 5LHBirmingham LaneMeltham£316,7504

Least Expensive Streets in Meltham

PostcodeStreetAreaAverageNo. of Sales
HD9 5NXStation StreetMeltham£88,0005
HD9 4NPCarlile StreetMeltham£93,5647
HD9 4AFHuddersfield RoadMeltham£110,4287
HD9 4AZUpper MountMeltham£111,9166
HD9 5PQLower HeyMeltham£114,5836
HD9 5NLVictoria RoadMeltham£122,7005
HD9 5NSColders LaneMeltham£122,8333
HD9 5PDSunny HeysMeltham£131,8839
HD9 5RGHighfield CrescentMeltham£134,4976
HD9 5QYBroadlandsMeltham£138,10010

Explore Meltham and Neighbouring Area House Prices