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Bude House Prices Bude House Prices

The average house price in Bude is £421,714 using HM Land Registry data.

The average property price increased by £94,178 (29.4%) over the last 5 years and increased by £18,871 (4.77%) over the last 12 months.

Over the last year, there were 96 residential property sales – a decrease of 23 transactions (-23.96%) relative to the previous year. The majority of house sales (25) were in the £284,000 - £358,000 range. Then came properties in the £358,000 - £432,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,425 (-3%).

In Dec 24, there were 9 new estate agency instructions, 4 agreed home sales and 4 property price reductions.

Postcodes Covered: EX23

5-Year Average Property Prices in Bude

29.4%

Property prices in Bude increased by 29.4% 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 Bude Over the Last Year

4.77%

Property prices in Bude increased by 4.77% 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 Bude - Dec 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 Bude

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 Bude

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 Bude

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 Bude since 1995

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

Recent Property Sales in Bude

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
61 Agnes Close, Bude, Cornwall, EX23 8SB£235,000£235,000£0015 Jun 202428 Oct 2024135 Days
1 Strand Mews, Bude, Cornwall, EX23 8DW£225,000£202,500-£22,50030 Jul 202418 Oct 202480 Days
1 William Edwards Close, Bude, Cornwall, EX23 8JE£850,000£800,000-£50,00026 Sep 202309 Oct 2024379 Days
11 Cherrill Gardens, Bude, Cornwall, EX23 8SL£375,000£365,000-£10,00020 Feb 202404 Oct 2024227 Days
14 Hallett Way, Bude, Cornwall, EX23 8PG£375,000£370,000-£5,00025 Jun 202419 Sep 202486 Days
Briar Cottage, Cleavelands, Bude, Cornwall, EX23 8AB£660,000£620,000-£40,00028 Mar 202402 Aug 2024127 Days
30 Bede Haven Close, Bude, Cornwall, EX23 8QF£449,950£435,000-£14,95021 Mar 202426 Jul 2024127 Days
3 Creathorne Road, Bude, Cornwall, EX23 8NT£385,000£375,000-£10,00021 Mar 202426 Jul 2024127 Days
6 Acland Close, Bude, Cornwall, EX23 8SG£550,000£537,000-£13,00018 Apr 202423 Jul 202496 Days
Apartment 3, Efford Down House, Efford Down Park, Bude, Cornwall, EX23 8SE£550,000£539,000-£11,00028 Mar 202417 Jul 2024111 Days
14 Minster Avenue, Bude, Cornwall, EX23 8RY£475,000£475,000£0021 Oct 202303 Jul 2024256 Days
52 Minster Avenue, Bude, Cornwall, EX23 8RY£440,000£435,000-£5,00013 Mar 202425 Jun 2024104 Days
37 Dreys Road, Bude, Cornwall, EX23 8TL£375,000£370,000-£5,00009 Aug 202321 Jun 2024317 Days
20 Treleven Road, Bude, Cornwall, EX23 8RZ£239,000£229,000-£10,00016 Feb 202417 Jun 2024122 Days
17 Cherrill Gardens, Bude, Cornwall, EX23 8SL£375,000£370,000-£5,00030 Jan 202406 Jun 2024128 Days
12 Brook Drive, Bude, Cornwall, EX23 8NY£495,000£440,000-£55,00026 Dec 202305 Jun 2024162 Days
Charmin, Pathfields, Bude, Cornwall, EX23 8DW£490,000£480,000-£10,00015 Apr 202323 May 2024404 Days
Flat 8, Pentyre Court, Vicarage Road, Bude, Cornwall, EX23 8JQ£147,500£146,000-£1,50008 Sep 202327 Mar 2024201 Days
Flat 3, Erdiston Court, Summerleaze Crescent, Bude, Cornwall, EX23 8HG£350,000£336,000-£14,00004 Apr 202315 Mar 2024346 Days
4 Fairfield Road, Bude, Cornwall, EX23 8DH£320,000£296,600-£23,40001 Nov 202311 Mar 2024131 Days

Most Expensive Streets in Bude

PostcodeStreetAreaAverageNo. of Sales
EX23 8LQBreakwater RoadBude£922,4284
EX23 8SEEfford Down ParkBude£884,6663
EX23 8NECrookletsBude£722,00010
EX23 8JEWilliam Edwards CloseBude£666,6663
EX23 8NWOcean View RoadBude£593,8593
EX23 8NZPoughill RoadBude£571,70010
EX23 8HALea WayBude£550,0003
EX23 8NNOcean View RoadBude£518,2505
EX23 8PBWestpark RoadBude£505,0006
EX23 8LWHigher WharfBude£497,8333

Least Expensive Streets in Bude

PostcodeStreetAreaAverageNo. of Sales
EX23 8TDCeres CourtBude£133,6754
EX23 8JXGrosvenor MansionsBelle Vue£134,0204
EX23 8JQPentyre CourtVicarage Road£155,65615
EX23 8TQTraly CloseBude£162,6663
EX23 8PJRoseveareBencoolen Road£170,3754
EX23 8QPBerries AvenueBude£206,1254
EX23 8GGTamar CloseBude£208,1663
EX23 8HHSummerleaze CrescentBude£211,5833
EX23 8GWPen MorvahBramble Hill£219,25010
EX23 8SXHawkers CourtBude£222,0509

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