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Cleethorpes House Prices Cleethorpes House Prices

The average house price in Cleethorpes is £167,779 using HM Land Registry data.

The average property price increased by £26,595 (19.82%) over the last 5 years and increased by £5,315 (3.42%) over the last 12 months.

Over the last year, there were 355 residential property sales – a decrease of 180 transactions (-50.70%) relative to the previous year. The majority of house sales (85) were in the £110,000 - £150,000 range. Then came properties in the £70,000 - £110,000 range, where 73 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,569 (-2%).

In April 2024, there were 84 new estate agency instructions, 45 agreed home sales and 66 property price reductions.

Neighbouring Areas: Grimsby, Humberston and New Waltham

Postcodes Covered: DN32, DN35, DN36

5-Year Average Property Prices in Cleethorpes

19.82%

Property prices in Cleethorpes increased by 19.82% 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 Cleethorpes Over the Last Year

3.42%

Property prices in Cleethorpes increased by 3.42% 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 Cleethorpes - 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 Cleethorpes

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 Cleethorpes

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 Cleethorpes

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 Cleethorpes since 1995

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

Recent Property Sales in Cleethorpes

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
53 Trinity Road, Cleethorpes, North East Lincolnshire, DN35 8UL£160,000£150,000-£10,00021 Dec 202320 Mar 202490 Days
50 Tennyson Road, Cleethorpes, North East Lincolnshire, DN35 7LF£149,950£149,950£0013 Dec 202318 Mar 202496 Days
3 Larch Road, Cleethorpes, North East Lincolnshire, DN35 0RW£275,000£270,000-£5,00031 Aug 202315 Mar 2024197 Days
4 Jenner Place, Cleethorpes, North East Lincolnshire, DN35 7PF£110,000£105,500-£4,50026 Oct 202314 Mar 2024140 Days
26 Billinghay Court, Cleethorpes, North East Lincolnshire, DN35 0JU£160,000£160,000£0030 Sep 202313 Mar 2024165 Days
32 Minshull Road, Cleethorpes, North East Lincolnshire, DN35 0DX£195,950£192,000-£3,95007 Jan 202407 Mar 202460 Days
135 Mill Road, Cleethorpes, North East Lincolnshire, DN35 8JB£350,000£332,000-£18,00029 Sep 202301 Mar 2024154 Days
8 Warwick Road, Cleethorpes, North East Lincolnshire, DN35 9EY£165,000£165,000£0027 Oct 202301 Mar 2024126 Days
28 Hey Street, Cleethorpes, North East Lincolnshire, DN35 8TG£155,000£147,000-£8,00009 Sep 202329 Feb 2024173 Days
20 Harrington Street, Cleethorpes, North East Lincolnshire, DN35 7AY£60,000£50,000-£10,00019 Jun 201729 Feb 20242446 Days
10 Hope Street, Cleethorpes, North East Lincolnshire, DN35 8QZ£134,950£120,000-£14,95014 Jul 202329 Feb 2024230 Days
9 Crowhill Avenue, Cleethorpes, North East Lincolnshire, DN35 8DE£140,000£134,000-£6,00012 Dec 202327 Feb 202477 Days
43b, Alexandra Road, Cleethorpes, North East Lincolnshire, DN35 8LE£95,000£82,000-£13,00021 Oct 202316 Feb 2024118 Days
37 Bramhall Street, Cleethorpes, North East Lincolnshire, DN35 7QU£109,950£100,000-£9,95019 Oct 202314 Feb 2024118 Days
60 Bentley Street, Cleethorpes, North East Lincolnshire, DN35 8DN£125,000£119,500-£5,50024 Aug 202309 Feb 2024169 Days
41 Itterby Crescent, Cleethorpes, North East Lincolnshire, DN35 9QJ£244,500£225,000-£19,50020 Oct 202309 Feb 2024112 Days
4 Ashby Road, Cleethorpes, North East Lincolnshire, DN35 9PG£280,000£270,000-£10,00020 Jun 202305 Feb 2024230 Days
56 Craithie Road, Cleethorpes, North East Lincolnshire, DN35 9AX£192,000£185,000-£7,00021 Dec 202301 Feb 202442 Days
99 Freeston Street, Cleethorpes, North East Lincolnshire, DN35 7PB£90,000£82,000-£8,00021 Dec 202331 Jan 202441 Days
1 Hey Street, Cleethorpes, North East Lincolnshire, DN35 8TG£199,950£190,000-£9,95014 Oct 202329 Jan 2024107 Days

Most Expensive Streets in Cleethorpes

PostcodeStreetAreaAverageNo. of Sales
DN35 0HZChichester RoadCleethorpes£375,0003
DN35 0BBBradford AvenueCleethorpes£352,9677
DN35 0ALCromwell RoadCleethorpes£340,0003
DN35 0HFBolingbroke RoadCleethorpes£334,3688
DN35 0BQBradford AvenueCleethorpes£326,3624
DN35 0DQQueens ParadeCleethorpes£322,0004
DN35 8QPBrooklands AvenueCleethorpes£318,7504
DN35 0DGQueens ParadeCleethorpes£313,1154
DN35 0BTSignhills AvenueCleethorpes£303,3758
DN35 0ENDaggett RoadCleethorpes£296,1663

Least Expensive Streets in Cleethorpes

PostcodeStreetAreaAverageNo. of Sales
DN35 8ATGrant StreetCleethorpes£41,6254
DN35 7NQSidney StreetCleethorpes£56,39510
DN35 7AXTaylor StreetCleethorpes£61,0905
DN35 7NPSussex StreetCleethorpes£61,2779
DN35 7AYHarrington StreetCleethorpes£61,5003
DN35 7NEClerke StreetCleethorpes£61,8333
DN35 7LYFreeston StreetCleethorpes£62,1506
DN35 7PDFreeston StreetCleethorpes£62,2246
DN35 7NHSidney WayCleethorpes£63,2504
DN35 7NWSussex StreetCleethorpes£65,5628

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