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Burnham-on-Crouch House Prices Burnham-on-Crouch House Prices

The average house price in Burnham-on-Crouch is £348,666 using HM Land Registry data.

The average property price increased by £57,665 (17.11%) over the last 5 years and increased by £11,525 (3.01%) over the last 12 months.

Over the last year, there were 91 residential property sales – a decrease of 73 transactions (-80.22%) relative to the previous year. The majority of house sales (24) were in the £240,000 - £294,000 range. Then came properties in the £294,000 - £348,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,258 (-2%).

In April 2024, there were 16 new estate agency instructions, 11 agreed home sales and 16 property price reductions.

Postcodes Covered: CM0

5-Year Average Property Prices in Burnham-on-Crouch

17.11%

Property prices in Burnham-on-Crouch increased by 17.11% 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 Burnham-on-Crouch Over the Last Year

3.01%

Property prices in Burnham-on-Crouch increased by 3.01% 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 Burnham-on-Crouch - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Burnham-on-Crouch

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 Burnham-on-Crouch

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 Burnham-on-Crouch

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 Burnham-on-Crouch since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Burnham-on-Crouch area since 1995.

Recent Property Sales in Burnham-on-Crouch

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Lime Way, Burnham-on-crouch, Essex, CM0 8RH£424,995£398,000-£26,99516 Oct 202327 Feb 2024134 Days
15 Sheerwater Close, Burnham-on-crouch, Essex, CM0 8EN£470,000£470,000£0022 Aug 202319 Dec 2023119 Days
19 Leslie Park, Burnham-on-crouch, Essex, CM0 8SY£215,000£206,000-£9,00004 Sep 202314 Dec 2023101 Days
10 Leslie Park, Burnham-on-crouch, Essex, CM0 8SZ£375,000£370,000-£5,00025 May 202301 Dec 2023190 Days
82 High Street, Burnham-on-crouch, Essex, CM0 8AA£450,000£450,000£0031 Aug 202327 Nov 202388 Days
7 Wayfarer Gardens, Burnham-on-crouch, Essex, CM0 8HL£725,000£705,000-£20,00006 Feb 202317 Nov 2023284 Days
18 Hester Place, Burnham-on-crouch, Essex, CM0 8SA£375,000£347,500-£27,50005 Jul 202313 Nov 2023131 Days
27 Western Road, Burnham-on-crouch, Essex, CM0 8JE£465,000£465,000£0011 May 202308 Nov 2023181 Days
12 Church Road, Burnham-on-crouch, Essex, CM0 8DA£699,950£675,000-£24,95013 Apr 202308 Nov 2023209 Days
13 Pinners Close, Burnham-on-crouch, Essex, CM0 8QH£560,000£560,000£0021 Jul 202306 Nov 2023108 Days
31 Orchard Road, Burnham-on-crouch, Essex, CM0 8LD£365,000£355,000-£10,00001 Jun 202303 Nov 2023155 Days
8 Maldon Road, Burnham-on-crouch, Essex, CM0 8NS£315,000£313,000-£2,00002 Nov 202230 Oct 2023362 Days
83 Leslie Park, Burnham-on-crouch, Essex, CM0 8SY£325,000£315,000-£10,00022 May 202327 Oct 2023158 Days
21 Providence, Burnham-on-crouch, Essex, CM0 8JU£285,000£285,000£0003 Nov 202218 Sep 2023319 Days
10 Medway, Burnham-on-crouch, Essex, CM0 8TL£305,000£302,000-£3,00004 Jan 202315 Sep 2023254 Days
1 Springfield Road, Burnham-on-crouch, Essex, CM0 8TF£345,000£345,000£0022 Apr 202308 Sep 2023139 Days
19 Park Road, Burnham-on-crouch, Essex, CM0 8ES£525,000£510,000-£15,00002 Feb 202318 Aug 2023197 Days
39 Station Road, Burnham-on-crouch, Essex, CM0 8BQ£325,000£315,000-£10,00021 Nov 202211 Aug 2023263 Days
27 Cedar Grove, Burnham-on-crouch, Essex, CM0 8DQ£325,000£325,000£0013 Feb 202310 Aug 2023178 Days
3 Kings Road, Burnham-on-crouch, Essex, CM0 8RP£270,000£270,000£0024 Feb 202301 Aug 2023158 Days

Most Expensive Streets in Burnham-on-Crouch

PostcodeStreetAreaAverageNo. of Sales
CM0 8HARemembrance AvenueBurnham-on-crouch£659,11612
CM0 8NRMaldon RoadBurnham-on-crouch£643,7504
CM0 8DBMaldon RoadBurnham-on-crouch£557,5004
CM0 8QHPinners CloseBurnham-on-crouch£550,8336
CM0 8DDMaldon RoadBurnham-on-crouch£538,3333
CM0 8ENSheerwater CloseBurnham-on-crouch£525,8333
CM0 8FDCorinthia MewsBurnham-on-crouch£518,3333
CM0 8GJFitzwilliam RoadBurnham-on-crouch£502,84113
CM0 8FZRegatta RoadBurnham-on-crouch£501,58915
CM0 8PNFairway DriveBurnham-on-crouch£494,3336

Least Expensive Streets in Burnham-on-Crouch

PostcodeStreetAreaAverageNo. of Sales
CM0 8EUCookes LodgeNew Road£150,4984
CM0 8APBelvedere CourtBurnham-on-crouch£175,5004
CM0 8SWHermes DriveBurnham-on-crouch£210,8333
CM0 8DSLilian RoadBurnham-on-crouch£230,3577
CM0 8DXCrouch RoadBurnham-on-crouch£232,91612
CM0 8JXShip RoadBurnham-on-crouch£236,2504
CM0 8AJBelvedere RoadBurnham-on-crouch£239,20020
CM0 8DYQueens RoadBurnham-on-crouch£243,59011
CM0 8DTLilian RoadBurnham-on-crouch£244,07814
CM0 8HJStation RoadBurnham-on-crouch£244,5005

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