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Cleveleys House Prices Cleveleys House Prices

The average house price in Cleveleys is £200,660 using HM Land Registry data.

The average property price increased by £57,376 (38.33%) over the last 5 years and increased by £11,467 (5.86%) over the last 12 months.

Over the last year, there were 177 residential property sales – a decrease of 46 transactions (-25.99%) relative to the previous year. The majority of house sales (44) were in the £146,000 - £182,000 range. Then came properties in the £110,000 - £146,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,490 (-2%).

In April 2024, there were 37 new estate agency instructions, 20 agreed home sales and 23 property price reductions.

Neighbouring Areas: Fleetwood, Thornton (Lancashire), Blackpool

Postcodes Covered: FY5

5-Year Average Property Prices in Cleveleys

38.33%

Property prices in Cleveleys increased by 38.33% 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 Cleveleys Over the Last Year

5.86%

Property prices in Cleveleys 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 Cleveleys - 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 Cleveleys

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 Cleveleys

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 Cleveleys

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 Cleveleys since 1995

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

Recent Property Sales in Cleveleys

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
120 Northumberland Avenue, Thornton-cleveleys, Lancashire, FY5 2JU£240,000£237,500-£2,50001 Jun 202319 Mar 2024292 Days
4 Tyne Close, Thornton-cleveleys, Lancashire, FY5 2LW£185,000£178,000-£7,00013 Nov 202315 Mar 2024123 Days
13 Northumberland Avenue, Thornton-cleveleys, Lancashire, FY5 2LJ£170,000£164,500-£5,50018 Sep 202306 Mar 2024170 Days
34 Durham Avenue, Thornton-cleveleys, Lancashire, FY5 2DP£175,000£170,000-£5,00010 Nov 202304 Mar 2024115 Days
18 Ward Avenue, Thornton-cleveleys, Lancashire, FY5 1BL£130,000£130,000£0009 Dec 202323 Feb 202476 Days
40 Manor Drive, Thornton-cleveleys, Lancashire, FY5 1EU£135,000£134,000-£1,00016 Oct 202312 Feb 2024119 Days
597 North Drive, Thornton-cleveleys, Lancashire, FY5 2PD£185,000£183,000-£2,00025 Oct 202309 Feb 2024107 Days
7 Seniors Drive, Thornton-cleveleys, Lancashire, FY5 2RB£279,950£273,000-£6,95026 Sep 202302 Feb 2024129 Days
2 West Drive, Thornton-cleveleys, Lancashire, FY5 2BJ£425,000£395,000-£30,00021 Aug 202029 Jan 20241256 Days
638 North Drive, Thornton-cleveleys, Lancashire, FY5 2QB£165,000£160,000-£5,00016 Nov 202319 Jan 202464 Days
4 Blaydon Avenue, Thornton-cleveleys, Lancashire, FY5 2NT£200,000£190,000-£10,00015 Jun 202317 Jan 2024216 Days
15 Marlborough Avenue, Thornton-cleveleys, Lancashire, FY5 1HY£169,995£160,000-£9,99509 Aug 202312 Jan 2024156 Days
17 Merlyn Road, Thornton-cleveleys, Lancashire, FY5 3AZ£148,000£145,000-£3,00003 Oct 202312 Jan 2024101 Days
49 Milburn Avenue, Thornton-cleveleys, Lancashire, FY5 2LD£249,995£249,995£0029 Jun 202315 Dec 2023169 Days
31 Green Drive, Thornton-cleveleys, Lancashire, FY5 1LH£170,000£163,000-£7,00031 Aug 202308 Dec 202399 Days
11 North Square, Thornton-cleveleys, Lancashire, FY5 1HX£180,000£165,000-£15,00028 Aug 202305 Dec 202399 Days
3 Queens Walk, Thornton-cleveleys, Lancashire, FY5 1JU£199,950£199,950£0003 Jul 202301 Dec 2023151 Days
86 Ringway, Thornton-cleveleys, Lancashire, FY5 2NN£185,000£180,000-£5,00023 Aug 202301 Dec 2023100 Days
44 Wolsey Close, Thornton-cleveleys, Lancashire, FY5 2NZ£300,000£290,000-£10,00014 Jul 202301 Dec 2023140 Days
153 Cleveleys Avenue, Thornton-cleveleys, Lancashire, FY5 2NG£198,000£195,000-£3,00004 Sep 202324 Nov 202381 Days

Most Expensive Streets in Cleveleys

PostcodeStreetAreaAverageNo. of Sales
FY5 2RALinden CloseThornton-cleveleys£652,5004
FY5 2QNLinden GreenThornton-cleveleys£506,9833
FY5 3QEVictoria Road WestThornton-cleveleys£493,1163
FY5 2QRHolmefield AvenueThornton-cleveleys£485,8333
FY5 2QLHolmefield CloseThornton-cleveleys£455,1663
FY5 2JEWest DriveThornton-cleveleys£375,7147
FY5 3PZVictoria GardensThornton-cleveleys£329,2503
FY5 2JDThe GroveThornton-cleveleys£328,3333
FY5 2BQWhiteside WayThornton-cleveleys£324,4607
FY5 2JGWest DriveThornton-cleveleys£312,1336

Least Expensive Streets in Cleveleys

PostcodeStreetAreaAverageNo. of Sales
FY5 2NXOakleaf CourtCleveleys Avenue£80,8005
FY5 1HAFairhurst CourtRossall Road£81,3889
FY5 1FFSandy CloseThornton-cleveleys£93,1188
FY5 2NEAlston AvenueThornton-cleveleys£106,3124
FY5 2PENorth DriveThornton-cleveleys£107,6663
FY5 1BLWard AvenueThornton-cleveleys£108,6005
FY5 1EQBeach RoadThornton-cleveleys£110,9874
FY5 2LLBlythe AvenueThornton-cleveleys£111,7857
FY5 1BNSlinger RoadThornton-cleveleys£111,9725
FY5 1EWBeach RoadThornton-cleveleys£113,2005

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