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Driffield House Prices Driffield House Prices

The average house price in Driffield is £187,304 using HM Land Registry data.

The average property price increased by £42,445 (23.51%) over the last 5 years and increased by £8,483 (3.95%) over the last 12 months.

Over the last year, there were 261 residential property sales – a decrease of 76 transactions (-29.12%) relative to the previous year. The majority of house sales (61) were in the £144,000 - £188,000 range. Then came properties in the £188,000 - £232,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 91 days to sell (from being listed to completion).

In April 2024, there were 53 new estate agency instructions, 29 agreed home sales and 20 property price reductions.

Postcodes Covered: YO25

5-Year Average Property Prices in Driffield

23.51%

Property prices in Driffield increased by 23.51% 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 Driffield Over the Last Year

3.95%

Property prices in Driffield increased by 3.95% 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 Driffield - 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 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 Driffield

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 Driffield

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 Driffield

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 Driffield since 1995

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

Recent Property Sales in Driffield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Newland Avenue, Driffield, East Riding Of Yorkshire, YO25 6TX£450,000£420,000-£30,00003 Apr 202315 Feb 2024318 Days
Springfield, Holland Close, Driffield, East Riding Of Yorkshire, YO25 6QR£550,000£542,500-£7,50025 Sep 202302 Feb 2024130 Days
75 Victoria Road, Driffield, East Riding Of Yorkshire, YO25 6UB£210,000£205,000-£5,00001 Aug 202315 Jan 2024167 Days
5 Wansford Road, Driffield, East Riding Of Yorkshire, YO25 5NB£70,000£64,000-£6,00013 Oct 202320 Dec 202368 Days
128 Mill Falls, Driffield, East Riding Of Yorkshire, YO25 5BA£250,000£250,000£0013 Oct 202314 Dec 202362 Days
9 Mortimer Walk, Driffield, East Riding Of Yorkshire, YO25 5PN£220,000£215,000-£5,00002 May 202304 Dec 2023216 Days
9 Kings Mill Road, Driffield, East Riding Of Yorkshire, YO25 6TT£255,000£235,000-£20,00018 Mar 202304 Dec 2023261 Days
19 Whitelands, Driffield, East Riding Of Yorkshire, YO25 5YW£275,000£275,000£0005 Oct 202301 Dec 202357 Days
4a, Bridge Lane, Driffield, East Riding Of Yorkshire, YO25 6LP£285,000£269,500-£15,50008 Jul 202301 Dec 2023146 Days
18 Woldholme Avenue, Driffield, East Riding Of Yorkshire, YO25 6RB£190,000£190,000£0026 Jun 202301 Dec 2023158 Days
86 Mill Falls, Driffield, East Riding Of Yorkshire, YO25 5BA£270,000£270,000£0018 May 202324 Nov 2023190 Days
12 Adelphi Street, Driffield, East Riding Of Yorkshire, YO25 6RF£127,500£127,500£0017 Jul 202324 Nov 2023130 Days
31 Easterfield Court, Driffield, East Riding Of Yorkshire, YO25 5PP£72,500£72,500£0010 Jul 202320 Nov 2023133 Days
16 Meadowcroft Road, Driffield, East Riding Of Yorkshire, YO25 5NJ£237,500£237,500£0006 Jul 202317 Nov 2023134 Days
4 Riverhead Drive, Driffield, East Riding Of Yorkshire, YO25 6NL£180,000£168,000-£12,00013 Nov 202316 Nov 20233 Days
10 St Stephens Close, Driffield, East Riding Of Yorkshire, YO25 6XZ£210,000£200,000-£10,00019 Jul 202314 Nov 2023118 Days
5 Woldholme Avenue, Driffield, East Riding Of Yorkshire, YO25 6RW£675,000£675,000£0019 May 202310 Nov 2023175 Days
Flat 9, White House Mews, Beverley Road, Driffield, East Riding Of Yorkshire, YO25 6XB£80,000£80,000£0026 Jun 202308 Nov 2023135 Days
53 Woodland Rise, Driffield, East Riding Of Yorkshire, YO25 5JD£190,000£183,000-£7,00027 Jun 202302 Nov 2023128 Days
9 Wood Green, Driffield, East Riding Of Yorkshire, YO25 6SR£175,000£170,000-£5,00002 Feb 202331 Oct 2023271 Days

Most Expensive Streets in Driffield

PostcodeStreetAreaAverageNo. of Sales
YO25 6RSSt Johns RoadDriffield£506,1427
YO25 6QRHolland CloseDriffield£453,6663
YO25 6RLSt Johns RoadDriffield£418,90911
YO25 6UTHeather GarthDriffield£361,7504
YO25 6BDBlakedale DriveDriffield£347,89614
YO25 6TTKings Mill RoadDriffield£345,72010
YO25 5NSThe BeechwoodDriffield£344,1663
YO25 6SEBlueberry CloseDriffield£341,7504
YO25 6URFern CloseDriffield£330,6254
YO25 6USBracken RoadDriffield£326,2504

Least Expensive Streets in Driffield

PostcodeStreetAreaAverageNo. of Sales
YO25 6XBWhite House MewsBeverley Road£56,5505
YO25 5DGBrunswick CourtNew Road£68,2504
YO25 5PPEasterfield CourtDriffield£70,78116
YO25 6SPThe Old MaltingsSkerne Road£77,51315
YO25 6NWRiverhead CourtRiverhead£84,8577
YO25 6RQCross HillDriffield£88,0003
YO25 6UDVictoria RoadDriffield£91,0005
YO25 6ABCricketers CourtLockwood Street, Driffield£93,7504
YO25 6RFAdelphi StreetDriffield£95,05010
YO25 6DEEastgate NorthDriffield£98,4378

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