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House Prices in SN16

The average house price in SN16 (Malmesbury) is £225,000 using HM Land Registry data.

The average property price increased by £123,342 (27.89%) over the last 5 years and increased by £24,658 (4.16%) over the last 12 months.

Over the last year, there were 137 residential property sales – a decrease of 62 transactions (-45.26%) relative to the previous year. The majority of house sales (49) were in the £210,000 - £354,000 range. Then came properties in the £354,000 - £498,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,966 (-2%).

In June 2024, there were 36 new estate agency instructions, 26 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in SN16 (Malmesbury)

27.89%

Property prices in Malmesbury increased by 27.89% 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 SN16 (Malmesbury) Over the Last Year

4.16%

Property prices in Malmesbury increased by 4.16% 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 SN16 (Malmesbury) - 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 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 SN16 (Malmesbury)

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 SN16 (Malmesbury)

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 SN16 (Malmesbury)

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 SN16 (Malmesbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SN16 postcode area since 1995.

Recent Sales in SN16 (Malmesbury)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Tally House, Grove Road, Sherston, Malmesbury, Wiltshire, SN16 0NF	£735,000	£729,000	-£6,000	15 Jan 2024	08 May 2024	114 Days
5 Carriers Close, Sherston, Malmesbury, Wiltshire, SN16 0PG	£695,000	£690,000	-£5,000	23 Jan 2024	05 Apr 2024	73 Days
24 Silver Street, Malmesbury, Wiltshire, SN16 9BU	£239,950	£237,500	-£2,450	08 Jan 2024	15 Jan 2024	7 Days
Merlins, Bristol Street, Malmesbury, Wiltshire, SN16 0DU	£1,100,000	£975,000	-£125,000	18 Aug 2023	11 Jan 2024	146 Days
2 Green Lane, Sherston, Malmesbury, Wiltshire, SN16 0NP	£360,000	£359,000	-£1,000	06 Jun 2023	19 Dec 2023	196 Days
41 Corn Gastons, Malmesbury, Wiltshire, SN16 0DP	£299,950	£297,000	-£2,950	25 Sep 2023	15 Dec 2023	81 Days
1a, Market Cross, Malmesbury, Wiltshire, SN16 9AS	£160,000	£156,000	-£4,000	19 Jun 2023	15 Dec 2023	179 Days
76 White Lion Park, Malmesbury, Wiltshire, SN16 0QR	£385,000	£375,000	-£10,000	13 Sep 2023	15 Dec 2023	93 Days
11 Common Road, Malmesbury, Wiltshire, SN16 0HN	£775,000	£745,000	-£30,000	03 May 2023	14 Dec 2023	225 Days
43 Foundry Road, Malmesbury, Wiltshire, SN16 0AW	£695,000	£665,000	-£30,000	23 May 2023	14 Dec 2023	205 Days
3 Florence Terrace, Minety, Malmesbury, Wiltshire, SN16 9RE	£290,000	£290,000	£00	26 Apr 2023	07 Dec 2023	225 Days
9 Station Road, Minety, Malmesbury, Wiltshire, SN16 9QY	£420,000	£419,000	-£1,000	01 Jul 2023	06 Dec 2023	158 Days
14 Minot Close, Malmesbury, Wiltshire, SN16 9JG	£550,000	£530,000	-£20,000	06 Sep 2023	30 Nov 2023	85 Days
79 Loiret Crescent, Malmesbury, Wiltshire, SN16 9GW	£239,950	£225,000	-£14,950	21 Apr 2023	30 Nov 2023	223 Days
30 Kings Wall, Malmesbury, Wiltshire, SN16 9BJ	£1,100,000	£1,050,000	-£50,000	06 Apr 2023	27 Nov 2023	235 Days
2 Barton Way, Corston, Malmesbury, Wiltshire, SN16 0JT	£295,000	£283,000	-£12,000	30 Jun 2023	20 Nov 2023	143 Days
1 Thompsons Hill, Sherston, Malmesbury, Wiltshire, SN16 0PZ	£1,450,000	£1,295,000	-£155,000	22 May 2023	13 Nov 2023	175 Days
13 Easton Square, Sherston, Malmesbury, Wiltshire, SN16 0LX	£375,000	£370,000	-£5,000	12 Jun 2023	10 Nov 2023	151 Days
1 Meadway, Sherston, Malmesbury, Wiltshire, SN16 0LT	£695,000	£657,500	-£37,500	28 Apr 2023	08 Nov 2023	194 Days
10 Pool Gastons Road, Malmesbury, Wiltshire, SN16 0DG	£310,000	£304,000	-£6,000	14 Jul 2023	06 Nov 2023	115 Days

Most Expensive Streets in SN16 (Malmesbury)

Postcode	Street	Area	Average	No. of Sales
SN16 9TW	Oaksey	Malmesbury	£1,526,666	3
SN16 0HL	Common Road, Corston	Malmesbury	£986,666	3
SN16 0JQ	Foxley Road	Malmesbury	£956,666	3
SN16 9PY	Upper Minety	Malmesbury	£955,000	5
SN16 0EJ	Arches Lane	Malmesbury	£946,692	5
SN16 0LL	Court Street, Sherston	Malmesbury	£860,000	6
SN16 9PG	Lea	Malmesbury	£845,763	11
SN16 0HJ	Quarry House, Corston	Malmesbury	£840,000	4
SN16 9PR	Upper Minety	Malmesbury	£824,500	5
SN16 9TF	Court Farm, Oaksey	Malmesbury	£806,250	4

Least Expensive Streets in SN16 (Malmesbury)

Postcode	Street	Area	Average	No. of Sales
SN16 0ED	Orchard Court, Arches Lane	Malmesbury	£172,462	16
SN16 9GG	Cedar Court, Sir Bernard Lovell Road	Malmesbury	£187,625	12
SN16 0QJ	Parklands	Malmesbury	£193,000	5
SN16 0DA	Hobbes Close	Malmesbury	£194,500	5
SN16 9BU	Silver Street	Malmesbury	£209,333	3
SN16 9FR	Old Station Mews	Malmesbury	£220,490	5
SN16 9HL	Cartmell Court, Ingram Street, Malmesbury	Malmesbury	£225,000	3
SN16 9LY	Cowbridge Crescent	Malmesbury	£230,800	8
SN16 9GW	Loiret Crescent	Malmesbury	£240,312	8
SN16 0DD	Athelstan Road	Malmesbury	£240,900	5