Broughton (Lincolnshire) House Prices Broughton (Lincolnshire) House Prices

The average house price in Broughton (Lincolnshire) is £216,000 using HM Land Registry data.

The average property price increased by £39,953 (25.25%) over the last 5 years and increased by £7,985 (4.2%) over the last 12 months.

Over the last year, there were 62 residential property sales – a decrease of 26 transactions (-41.94%) relative to the previous year. The majority of house sales (23) were in the £164,000 - £198,000 range. Then came properties in the £130,000 - £164,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,109 (-2%).

In April 2024, there were 6 new estate agency instructions, 7 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in Broughton (Lincolnshire)

25.25%

Property prices in Broughton (Lincolnshire) increased by 25.25% 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 Broughton (Lincolnshire) Over the Last Year

4.2%

Property prices in Broughton (Lincolnshire) increased by 4.2% 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 Broughton (Lincolnshire) - April 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 Broughton (Lincolnshire)

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 Broughton (Lincolnshire)

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 Broughton (Lincolnshire)

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 Broughton (Lincolnshire) since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Broughton (Lincolnshire) area since 1995.

Recent Property Sales in Broughton (Lincolnshire)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
69 Windsor Way, Broughton, Brigg, North Lincolnshire, DN20 0EW£220,000£208,000-£12,00022 Aug 202302 Jan 2024133 Days
32 Appleby Gardens, Broughton, Brigg, North Lincolnshire, DN20 0BA£239,950£230,000-£9,95001 Jun 202318 Dec 2023200 Days
77 Ermine Street, Broughton, Brigg, North Lincolnshire, DN20 0AH£280,000£266,000-£14,00031 Jan 202305 Dec 2023308 Days
46 George Street, Broughton, Brigg, North Lincolnshire, DN20 0LA£180,000£178,000-£2,00023 May 202301 Dec 2023192 Days
7 Badger Way, Broughton, Brigg, North Lincolnshire, DN20 0TW£199,950£190,000-£9,95005 Jul 202301 Dec 2023149 Days
57 Windsor Way, Broughton, Brigg, North Lincolnshire, DN20 0EW£190,000£181,500-£8,50021 Jul 202317 Nov 2023119 Days
25 Town Hill, Broughton, Brigg, North Lincolnshire, DN20 0HL£235,000£230,000-£5,00005 Jul 202316 Nov 2023134 Days
14 Greyfriars Road, Broughton, Brigg, North Lincolnshire, DN20 0JH£189,950£189,000-£95004 Aug 202302 Nov 202390 Days
65 Windsor Way, Broughton, Brigg, North Lincolnshire, DN20 0EW£159,000£150,000-£9,00006 Jun 202324 Oct 2023140 Days
48 Estate Avenue, Broughton, Brigg, North Lincolnshire, DN20 0JZ£165,000£163,000-£2,00005 Jun 202324 Oct 2023141 Days
4 Heron Holt, Broughton, Brigg, North Lincolnshire, DN20 0SL£132,000£130,000-£2,00023 Mar 202319 Oct 2023210 Days
17 Town Hill Drive, Broughton, Brigg, North Lincolnshire, DN20 0HE£160,000£155,000-£5,00021 Aug 202316 Oct 202356 Days
38 St Bernard Close, Broughton, Brigg, North Lincolnshire, DN20 0HS£175,000£170,000-£5,00028 Apr 202313 Oct 2023168 Days
35 Appleby Gardens, Broughton, Brigg, North Lincolnshire, DN20 0BA£250,000£250,000£0024 Jul 202313 Oct 202381 Days
63 Estate Avenue, Broughton, Brigg, North Lincolnshire, DN20 0JZ£179,950£177,000-£2,95004 Jul 202314 Sep 202372 Days
43 South View, Broughton, Brigg, North Lincolnshire, DN20 0EJ£169,950£165,000-£4,95018 May 202304 Sep 2023109 Days
132 Brooklands Avenue, Broughton, Brigg, North Lincolnshire, DN20 0ED£140,000£140,000£0022 Apr 202331 Aug 2023131 Days
3 Bruce Close, Broughton, Brigg, North Lincolnshire, DN20 0SA£190,000£190,000£0022 Jun 202314 Aug 202353 Days
4 Labrador Drive, Broughton, Brigg, North Lincolnshire, DN20 0ER£145,000£137,500-£7,50031 Mar 202314 Aug 2023136 Days
100 High Street, Broughton, Brigg, North Lincolnshire, DN20 0JP£195,000£193,000-£2,00002 Apr 202325 Jul 2023114 Days

Most Expensive Streets in Broughton (Lincolnshire)

PostcodeStreetAreaAverageNo. of Sales
DN20 0DNChambers CourtBroughton£332,0005
DN20 0AQErmine StreetBroughton£293,6663
DN20 0HRBeck LaneBroughton£290,0003
DN20 0ANGreenhillBroughton£270,3333
DN20 0HTBurnsideBroughton£261,4205
DN20 0ARAppleby LaneBroughton£251,6663
DN20 0JBMill LaneBroughton£235,6663
DN20 0BAAppleby GardensBroughton£234,0009
DN20 0HXChestnut GroveBroughton£227,0004
DN20 0JPHigh StreetBroughton£226,0003

Least Expensive Streets in Broughton (Lincolnshire)

PostcodeStreetAreaAverageNo. of Sales
DN20 0SJTrinity CourtBroughton£102,2504
DN20 0ABScawby RoadBroughton£103,9833
DN20 0DRBrooklands AvenueBroughton£105,3003
DN20 0DSBrooklands AvenueBroughton£107,9506
DN20 0LBGeorge StreetBroughton£113,6005
DN20 0JEMill LaneBroughton£118,1663
DN20 0EYSouth ViewBroughton£120,3905
DN20 0LEGeorge StreetBroughton£121,6254
DN20 0DXSand LaneBroughton£129,1943
DN20 0SLHeron HoltBroughton£130,2147

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