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Stratton St Margaret House Prices Stratton St Margaret House Prices

The average house price in Stratton St Margaret is £282,000 using HM Land Registry data.

The average property price increased by £65,422 (28.73%) over the last 5 years and increased by £13,078 (4.67%) over the last 12 months.

Over the last year, there were 236 residential property sales – a decrease of 120 transactions (-50.85%) relative to the previous year. The majority of house sales (63) were in the £250,000 - £290,000 range. Then came properties in the £210,000 - £250,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,213 (-2%).

In Oct 24, there were 65 new estate agency instructions, 52 agreed home sales and 45 property price reductions.

Neighbouring Areas: Swindon

Postcodes Covered: SN1, SN2, SN25, SN3

5-Year Average Property Prices in Stratton St Margaret

28.73%

Property prices in Stratton St Margaret increased by 28.73% 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 Stratton St Margaret Over the Last Year

4.67%

Property prices in Stratton St Margaret increased by 4.67% 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 Stratton St Margaret - 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 Stratton St Margaret

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 Stratton St Margaret

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 Stratton St Margaret

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 Stratton St Margaret since 1995

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

Recent Property Sales in Stratton St Margaret

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
54 Pearce Close, Swindon, SN2 7SW£220,000£218,000-£2,00019 Mar 202423 Aug 2024157 Days
9 Birchwood Road, Swindon, SN3 4JN£375,000£370,000-£5,00021 May 202415 Aug 202486 Days
12 Castle View Road, Swindon, SN3 4HT£410,000£390,000-£20,00020 Mar 202402 Aug 2024135 Days
5 Hare Close, Swindon, SN2 7WA£250,000£250,000£0029 Feb 202431 Jul 2024153 Days
200 Hathaway Road, Swindon, SN2 7TT£220,000£215,000-£5,00018 Apr 202426 Jul 202499 Days
2 Verulam Close, Swindon, SN3 4AE£365,000£357,000-£8,00021 Feb 202425 Jul 2024155 Days
16 Greenlands Road, Swindon, SN2 7HY£325,000£325,000£0021 Mar 202419 Jul 2024120 Days
24 Orchard Grove, Swindon, SN2 7QR£350,000£350,000£0005 Dec 202317 Jul 2024225 Days
2 Capitol Close, Swindon, SN3 4AB£400,000£385,000-£15,00001 Mar 202412 Jul 2024133 Days
3 Kingsley Way, Swindon, SN2 7TA£260,000£225,000-£35,00012 Feb 202409 Jul 2024148 Days
37 Barrowby Gate, Swindon, SN3 4UH£280,000£272,000-£8,00011 Apr 202405 Jul 202485 Days
11 Forum Close, Swindon, SN3 4BU£320,000£310,000-£10,00027 Feb 202401 Jul 2024125 Days
51 Boundary Close, Kingsdown, Swindon, SN2 7TG£160,000£155,000-£5,00027 Nov 202328 Jun 2024214 Days
29 Whilestone Way, Swindon, SN3 4HR£280,000£270,000-£10,00004 Dec 202307 Jun 2024186 Days
158 Oxford Road, Stratton St Margaret, Swindon, SN3 4HA£375,000£365,000-£10,00019 Dec 202306 Jun 2024170 Days
29 Constable Road, Swindon, SN2 7JF£270,000£266,500-£3,50025 Jan 202431 May 2024127 Days
29 Weedon Road, Swindon, SN3 4EG£300,000£300,000£0025 Oct 202329 May 2024217 Days
39 Tawny Owl Close, Swindon, SN3 5EX£325,000£315,000-£10,00008 Feb 202424 May 2024106 Days
10 West End Road, Swindon, SN3 4PG£190,000£190,000£0019 Feb 202424 May 202495 Days
1 Dores Court, Swindon, SN2 7QY£165,000£140,000-£25,00013 Sep 201416 May 20243533 Days

Most Expensive Streets in Stratton St Margaret

PostcodeStreetAreaAverageNo. of Sales
SN3 4HQWanborough RoadSwindon£405,2504
SN3 4EUEndeavour RoadSwindon£405,0003
SN2 7ARPoppy FieldsUpper Stratton£393,3333
SN3 4NRWalnut Tree CloseStratton St Margaret£389,3333
SN3 4PSMarshfield WaySwindon£385,8333
SN3 4HTCastle View RoadSwindon£367,5004
SN3 4FWCoronel CloseSwindon£362,3758
SN3 4XEDelamere DriveSwindon£360,0003
SN3 4LZOverton GardensSwindon£359,2005
SN3 4JLGrange DriveSwindon£358,2504

Least Expensive Streets in Stratton St Margaret

PostcodeStreetAreaAverageNo. of Sales
SN3 4GHChurch FarmChurch Street, Swindon£81,3333
SN3 4YEAzelin CourtSwindon£95,5005
SN3 4HHSandgateSwindon£114,0006
SN3 4PPErmin MewsStratton St Margaret£118,0003
SN2 7QYDores CourtSwindon£136,5005
SN3 4FEOtter RowSwindon£145,3333
SN3 4QBSwan CloseSwindon£155,31811
SN3 4EXEndeavour RoadSwindon£158,1427
SN2 7XJArcher CloseSwindon£162,5004
SN2 7PXBeechcroft RoadSwindon£165,2005

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