Withernsea House Prices Withernsea House Prices

The average house price in Withernsea is £153,000 using HM Land Registry data.

The average property price increased by £42,172 (38.28%) over the last 5 years and increased by £8,430 (5.86%) over the last 12 months.

Over the last year, there were 76 residential property sales – a decrease of 39 transactions (-51.32%) relative to the previous year. The majority of house sales (20) were in the £144,000 - £176,000 range. Then came properties in the £80,000 - £112,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,597 (-2%).

In June 2024, there were 16 new estate agency instructions, 7 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in Withernsea

38.28%

Property prices in Withernsea increased by 38.28% 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 Withernsea Over the Last Year

5.86%

Property prices in Withernsea increased by 5.86% 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 Withernsea - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Withernsea

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 Withernsea

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 Withernsea

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 Withernsea since 1995

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

Recent Property Sales in Withernsea

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Southfield Avenue, Withernsea, East Riding Of Yorkshire, HU19 2AE£80,000£76,000-£4,00020 Jan 202410 May 2024111 Days
6a, The Promenade, Withernsea, East Riding Of Yorkshire, HU19 2DP£265,000£265,000£0012 Jan 202410 May 2024119 Days
31 Princes Avenue, Withernsea, East Riding Of Yorkshire, HU19 2HZ£125,000£114,500-£10,50006 Sep 202303 May 2024240 Days
22 Cheverton Avenue, Withernsea, East Riding Of Yorkshire, HU19 2HP£89,950£83,500-£6,45029 Sep 202319 Apr 2024203 Days
53 Princes Avenue, Withernsea, East Riding Of Yorkshire, HU19 2HZ£110,000£110,000£0021 Oct 202318 Apr 2024180 Days
4 Louville Avenue, Withernsea, East Riding Of Yorkshire, HU19 2PB£160,000£160,000£0010 Nov 202318 Apr 2024160 Days
31 South Cliff Road, Withernsea, East Riding Of Yorkshire, HU19 2HU£110,000£108,000-£2,00018 Jan 202418 Apr 202491 Days
141 North Road, Withernsea, East Riding Of Yorkshire, HU19 2AX£170,000£170,000£0027 Jul 202310 Apr 2024258 Days
64 Beaconsfield, Withernsea, East Riding Of Yorkshire, HU19 2EP£160,000£155,000-£5,00014 Jun 202310 Apr 2024301 Days
317 Queen Street, Withernsea, East Riding Of Yorkshire, HU19 2NT£195,000£195,000£0003 Oct 202312 Mar 2024161 Days
7 Chestnut Avenue, Withernsea, East Riding Of Yorkshire, HU19 2PG£112,500£112,500£0018 Sep 202308 Mar 2024172 Days
60 Hollym Road, Withernsea, East Riding Of Yorkshire, HU19 2PJ£230,000£230,000£0026 May 202308 Mar 2024287 Days
9 Seacroft Road, Withernsea, East Riding Of Yorkshire, HU19 2NY£135,000£134,000-£1,00014 Oct 202319 Feb 2024128 Days
56 Beaconsfield, Withernsea, East Riding Of Yorkshire, HU19 2EP£165,000£163,000-£2,00011 Sep 202319 Feb 2024161 Days
5a, Seacroft Road, Withernsea, East Riding Of Yorkshire, HU19 2NY£165,000£165,000£0008 Jun 202319 Feb 2024256 Days
52 Egroms Lane, Withernsea, East Riding Of Yorkshire, HU19 2LZ£150,000£150,000£0002 Aug 202315 Feb 2024197 Days
54 Park Avenue, Withernsea, East Riding Of Yorkshire, HU19 2JU£128,000£120,000-£8,00025 Oct 202326 Jan 202493 Days
38 Arthur Street, Withernsea, East Riding Of Yorkshire, HU19 2AB£90,000£80,000-£10,00006 Apr 202326 Jan 2024295 Days
12 St Nicholas Park, Withernsea, East Riding Of Yorkshire, HU19 2JL£110,000£100,000-£10,00001 Sep 202325 Jan 2024146 Days
11 Cammidge Street, Withernsea, East Riding Of Yorkshire, HU19 2AW£110,000£105,000-£5,00026 Aug 202312 Jan 2024139 Days

Most Expensive Streets in Withernsea

PostcodeStreetAreaAverageNo. of Sales
HU19 2EGHull RoadWithernsea£234,9005
HU19 2PJHollym RoadWithernsea£233,2857
HU19 2NXQueen StreetWithernsea£229,9994
HU19 2QDHolmpton RoadWithernsea£203,50010
HU19 2DPThe PromenadeWithernsea£201,8754
HU19 2PHChestnut GroveWithernsea£191,8333
HU19 2PLHollym RoadWithernsea£182,8128
HU19 2ENChellswayWithernsea£181,6663
HU19 2PYNewsham GardensWithernsea£177,5004
HU19 2PEOak AvenueWithernsea£171,6663

Least Expensive Streets in Withernsea

PostcodeStreetAreaAverageNo. of Sales
HU19 2AAEdward StreetWithernsea£58,3124
HU19 2ALAlma StreetWithernsea£71,7754
HU19 2BANorthfieldWithernsea£89,0004
HU19 2HUSouth Cliff RoadWithernsea£90,3279
HU19 2LDKirkfield RoadWithernsea£92,9005
HU19 2DXYoung StreetWithernsea£94,1663
HU19 2DUBannister StreetWithernsea£94,5006
HU19 2AWCammidge StreetWithernsea£95,3279
HU19 2LYCherry Tree AvenueWithernsea£97,6663
HU19 2ABArthur StreetWithernsea£99,6254

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