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House Prices in PR8 House Prices in PR8 (Southport)

The average house price in PR8 (Southport) is £255,101 using HM Land Registry data.

The average property price increased by £39,567 (24.94%) over the last 5 years and increased by £7,928 (3.79%) over the last 12 months.

Over the last year, there were 614 residential property sales – a decrease of 246 transactions (-40.07%) relative to the previous year. The majority of house sales (146) were in the £180,000 - £240,000 range. Then came properties in the £120,000 - £180,000 range, where 142 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,121 (-2%).

In Oct 24, there were 127 new estate agency instructions, 119 agreed home sales and 105 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) - 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 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
39 Cornwall Way, Southport, Merseyside, PR8 3SG£400,000£390,000-£10,00022 May 202416 Aug 202486 Days
7 Bracebridge Drive, Southport, Merseyside, PR8 6XH£260,000£250,000-£10,00005 Jan 202416 Aug 2024224 Days
48 Kings Meadow, Ainsdale, Southport, Merseyside, PR8 3QD£160,000£160,000£0012 Jul 202409 Aug 202428 Days
44 Harbury Avenue, Southport, Merseyside, PR8 2TA£295,000£295,000£0006 Mar 202406 Aug 2024153 Days
153 Sussex Road, Southport, Merseyside, PR8 6DF£250,000£230,000-£20,00004 Feb 202402 Aug 2024180 Days
Flat 8, Homechase House, Chase Close, Southport, Merseyside, PR8 2DG£65,000£65,000£0012 Jan 202401 Aug 2024202 Days
19 Otterstye View, Scarisbrick, Southport, Lancashire, PR8 5BH£299,000£290,000-£9,00014 Feb 202429 Jul 2024166 Days
132 Southport Road, Scarisbrick, Southport, Lancashire, PR8 5HU£195,000£185,000-£10,00025 Apr 202423 Jul 202489 Days
11 Haig Avenue, Southport, Merseyside, PR8 6LD£230,000£230,000£0014 Mar 202422 Jul 2024130 Days
113 Moss Road, Southport, Lancashire, PR8 4JA£240,000£240,000£0010 Jan 202422 Jul 2024194 Days
1c, Crosby Road, Southport, Merseyside, PR8 4SU£230,000£190,000-£40,00028 Mar 202419 Jul 2024113 Days
20 Ascot Close, Southport, Merseyside, PR8 2DD£410,000£410,000£0002 Jan 202418 Jul 2024198 Days
45 Carr Lane, Southport, Merseyside, PR8 3EF£250,000£243,500-£6,50003 Apr 202417 Jul 2024105 Days
2 Bedford Road, Southport, Merseyside, PR8 4HY£180,000£180,000£0022 Apr 202412 Jul 202481 Days
274 Portland Street, Southport, Merseyside, PR8 6LX£270,000£270,000£0024 Apr 202405 Jul 202472 Days
22 Lonsdale Road, Southport, Merseyside, PR8 6NL£200,000£195,700-£4,30023 Apr 202405 Jul 202473 Days
1 Cumberland Road, Southport, Merseyside, PR8 6NY£600,000£580,000-£20,00012 Sep 202305 Jul 2024297 Days
72 Motherwell Crescent, Southport, Merseyside, PR8 5LU£240,000£235,000-£5,00018 Dec 202305 Jul 2024200 Days
3 Clive Lodge, Southport, Merseyside, PR8 4QY£220,000£215,000-£5,00013 Feb 202401 Jul 2024139 Days
139 Linaker Street, Southport, Merseyside, PR8 5DF£165,000£165,000£0010 May 202401 Jul 202452 Days

Most Expensive Streets in PR8 (Southport)

PostcodeStreetAreaAverageNo. of Sales
PR8 2NLTrafalgar RoadSouthport£850,0003
PR8 2HZWestbourne RoadSouthport£832,1005
PR8 2NWWaterloo RoadSouthport£772,3754
PR8 2JBWestbourne RoadSouthport£757,5003
PR8 2NJTrafalgar RoadSouthport£750,5836
PR8 2HGBreeze RoadSouthport£693,8416
PR8 2NAWaterloo Road, BirkdaleSouthport£680,0003
PR8 2PUShore Road, AinsdaleSouthport£672,6504
PR8 3AYWaterloo RoadSouthport£665,0003
PR8 2LGLancaster RoadSouthport£630,6663

Least Expensive Streets in PR8 (Southport)

PostcodeStreetAreaAverageNo. of Sales
PR8 1DSNorth House, Eastbank Street, SouthportSouthport£51,7504
PR8 6QFScarisbrick Court, Scarisbrick New RoadSouthport£55,1005
PR8 1DGEastbank StreetSouthport£64,2504
PR8 1NBSt. Pauls Mansion, St Pauls Street, SouthportSouthport£64,37512
PR8 3BHLiverpool RoadSouthport£64,62022
PR8 6PEScarisbrick New RoadSouthport£79,1663
PR8 2DXWeldale House, Chase CloseSouthport£84,64011
PR8 6QRScarisbrick New RoadSouthport£88,6663
PR8 2JTOxford RoadSouthport£89,6663
PR8 2DGChase CloseSouthport£91,86118

Explore PR8 (Southport) using map

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