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Elvetham Heath House Prices Elvetham Heath House Prices

The average house price in Elvetham Heath is £412,666 using HM Land Registry data.

The average property price increased by £66,635 (15.55%) over the last 5 years and increased by £13,318 (2.76%) over the last 12 months.

Over the last year, there were 59 residential property sales – a decrease of 35 transactions (-59.32%) relative to the previous year. The majority of house sales (16) were in the £250,000 - £360,000 range. Then came properties in the £360,000 - £470,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 51 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,618 (-2%).

In April 2024, there were 11 new estate agency instructions, 8 agreed home sales and 9 property price reductions.

Neighbouring Areas: Fleet

Postcodes Covered: GU51, RG27

5-Year Average Property Prices in Elvetham Heath

15.55%

Property prices in Elvetham Heath increased by 15.55% 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 Elvetham Heath Over the Last Year

2.76%

Property prices in Elvetham Heath increased by 2.76% 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 Elvetham Heath - 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 Elvetham Heath

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 Elvetham Heath

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 Elvetham Heath

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 Elvetham Heath since 1995

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

Recent Property Sales in Elvetham Heath

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 35, Ulric House, Waleron Road, Fleet, Hampshire, GU51 1GE£210,000£198,000-£12,00002 Aug 202319 Dec 2023139 Days
47 Upper Mount Street, Fleet, Hampshire, GU51 1BW£685,000£670,000-£15,00013 Jul 202313 Dec 2023153 Days
23 The West Hundreds, Fleet, Hampshire, GU51 1ER£400,000£388,000-£12,00027 Jun 202330 Nov 2023156 Days
27 Lower Mount Street, Fleet, Hampshire, GU51 1BN£400,000£380,000-£20,00017 Mar 202309 Nov 2023237 Days
2 Waleron Road, Fleet, Hampshire, GU51 1GD£780,000£780,000£0026 Jun 202330 Oct 2023126 Days
27 Hawkley Way, Elvetham Heath, Fleet, Hampshire, GU51 1AX£775,000£747,000-£28,00004 May 202318 Oct 2023167 Days
2 Reynolds Street, Fleet, Hampshire, GU51 1LG£470,000£455,000-£15,00011 Apr 202318 Oct 2023190 Days
4 Harrow Road, Fleet, Hampshire, GU51 1JD£850,000£850,000£0025 Jul 202329 Sep 202366 Days
5 Whitchurch Road, Fleet, Hampshire, GU51 1ED£520,000£507,500-£12,50023 Jan 202326 Sep 2023246 Days
21 The West Hundreds, Fleet, Hampshire, GU51 1ER£550,000£550,000£0008 Jun 202312 Sep 202396 Days
14 West Tisted Close, Fleet, Hampshire, GU51 1EF£750,000£750,000£0003 Mar 202328 Jul 2023147 Days
37 Chineham Close, Fleet, Hampshire, GU51 1BE£750,000£730,000-£20,00003 Oct 202230 Jun 2023270 Days
62 Chineham Close, Fleet, Hampshire, GU51 1BF£650,000£650,000£0001 Mar 202329 Jun 2023120 Days
32 Turners Avenue, Fleet, Hampshire, GU51 1DX£540,000£520,000-£20,00024 Jan 202306 Jun 2023133 Days
4 Cawett Drive, Fleet, Hampshire, GU51 1HP£600,000£580,000-£20,00016 Feb 202326 May 202399 Days
Flat 6, Worldham House, Twyford Close, Fleet, Hampshire, GU51 1JX£250,000£248,500-£1,50026 Oct 202126 May 2023577 Days
41 Upper Mount Street, Fleet, Hampshire, GU51 1BW£550,000£535,000-£15,00020 Jan 202323 May 2023123 Days
Flat 9, Whitsbury House, Twyford Close, Fleet, Hampshire, GU51 1JY£260,000£252,000-£8,00015 Sep 202217 May 2023244 Days
8 Thegn Walk, Fleet, Hampshire, GU51 1GQ£315,000£308,000-£7,00012 Jan 202324 Mar 202371 Days
22 East Hundreds, Fleet, Hampshire, GU51 1HL£375,000£358,000-£17,00019 Aug 202221 Feb 2023186 Days

Most Expensive Streets in Elvetham Heath

PostcodeStreetAreaAverageNo. of Sales
GU51 1AUIbworth LaneFleet£1,087,0005
GU51 1BJFullerton CloseFleet£858,3333
GU51 1JDHarrow RoadFleet£750,4005
GU51 1DERamsdell RoadFleet£689,4005
GU51 1HHMarrow MeadeFleet£671,5007
GU51 1EFWest Tisted CloseFleet£625,0004
GU51 1HJBroomhurst LaneFleet£615,8005
GU51 1DBRamsdell RoadFleet£610,0003
GU51 1BWUpper Mount StreetFleet£601,0005
GU51 1BUElvetham CrescentFleet£585,6254

Least Expensive Streets in Elvetham Heath

PostcodeStreetAreaAverageNo. of Sales
GU51 1EXBroomy LodgesLyndhurst Road£205,7504
GU51 1JYWhitsbury HouseTwyford Close£221,5624
GU51 1HYWorcester CourtKing John Street, Fleet£228,3754
GU51 1AJKingsley SquareFleet£234,4005
GU51 1LHMaudit HouseRykmansford Road£235,2503
GU51 1GEUlric HouseWaleron Road£238,37512
GU51 1EYAwbridge HouseLyndhurst Road£248,6663
GU51 1AZMarchwood HouseKintbury Close£257,0006
GU51 1FACopse CloseFleet£274,2857
GU51 1DARotherwick HouseRamsdell Road£276,6663

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