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Garstang House Prices

The average house price in Garstang is £358,625 using HM Land Registry data.

The average property price increased by £36,080 (15.19%) over the last 5 years and increased by £7,211 (2.71%) over the last 12 months.

Over the last year, there were 72 residential property sales – a decrease of 44 transactions (-61.11%) relative to the previous year. The majority of house sales (18) were in the £160,000 - £210,000 range. Then came properties in the £210,000 - £260,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 46 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,023 (-3%).

In April 2024, there were 16 new estate agency instructions, 12 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in Garstang

15.19%

Property prices in Garstang increased by 15.19% 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 Garstang Over the Last Year

2.71%

Property prices in Garstang increased by 2.71% 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.

Property Market Heat Gauge for Garstang - 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 Garstang

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 Garstang

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 Garstang

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 Garstang since 1995

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

Recent Property Sales in Garstang

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 Parkside Close, Nateby, Preston, Lancashire, PR3 0LS	£399,999	£392,500	-£7,499	10 Sep 2023	07 Mar 2024	179 Days
4 Parkside Close, Nateby, Preston, Lancashire, PR3 0LS	£330,000	£330,000	£00	30 Sep 2023	05 Mar 2024	157 Days
67 Grizedale Avenue, Garstang, Preston, Lancashire, PR3 1ND	£220,000	£208,000	-£12,000	08 Aug 2023	15 Feb 2024	191 Days
1 White Lea, Cabus, Preston, Lancashire, PR3 1JG	£490,000	£475,000	-£15,000	31 May 2023	31 Jan 2024	245 Days
6 Winchester Way, Garstang, Preston, Lancashire, PR3 1NT	£365,000	£365,000	£00	02 Aug 2023	15 Dec 2023	135 Days
Copelands, Church Street, Garstang, Preston, Lancashire, PR3 1PA	£645,000	£627,000	-£18,000	31 Jul 2023	01 Dec 2023	123 Days
96 Dorchester Road, Garstang, Preston, Lancashire, PR3 1EE	£275,000	£270,000	-£5,000	07 Jun 2023	30 Nov 2023	176 Days
12a, Kepple Lane, Garstang, Preston, Lancashire, PR3 1PB	£310,000	£135,000	-£175,000	15 Jun 2023	24 Nov 2023	162 Days
24 Grizedale Avenue, Garstang, Preston, Lancashire, PR3 1WD	£160,000	£158,000	-£2,000	11 Jul 2023	23 Oct 2023	104 Days
10 Chester Close, Garstang, Preston, Lancashire, PR3 1LH	£395,000	£385,000	-£10,000	25 May 2023	06 Oct 2023	134 Days
7 Parlick Road, Garstang, Preston, Lancashire, PR3 1NE	£225,000	£220,000	-£5,000	15 Sep 2022	06 Oct 2023	386 Days
3 Grizedale Avenue, Garstang, Preston, Lancashire, PR3 1ND	£205,000	£195,000	-£10,000	24 Mar 2023	29 Sep 2023	189 Days
32 Sycamore Avenue, Garstang, Preston, Lancashire, PR3 1FR	£257,500	£256,550	-£950	12 Jul 2023	27 Sep 2023	77 Days
46 Hazelhurst Drive, Garstang, Preston, Lancashire, PR3 1WB	£150,000	£140,000	-£10,000	30 Sep 2022	22 Sep 2023	357 Days
9 Home Field, Garstang, Preston, Lancashire, PR3 1JT	£315,000	£290,000	-£25,000	28 Apr 2023	08 Sep 2023	133 Days
8 Chester Close, Garstang, Preston, Lancashire, PR3 1LH	£370,000	£370,000	£00	02 Mar 2023	06 Sep 2023	188 Days
20 Croston Road, Garstang, Preston, Lancashire, PR3 1EN	£425,000	£405,000	-£20,000	19 Aug 2022	30 Aug 2023	376 Days
2 Canterbury Close, Garstang, Preston, Lancashire, PR3 1DJ	£175,000	£170,000	-£5,000	04 May 2023	25 Aug 2023	113 Days
29 Norton Road, Cabus, Preston, Lancashire, PR3 1JX	£270,000	£265,000	-£5,000	03 May 2023	25 Aug 2023	114 Days
3 Yew Tree Close, Garstang, Preston, Lancashire, PR3 1EQ	£235,000	£220,000	-£15,000	03 Jun 2023	23 Aug 2023	81 Days

Most Expensive Streets in Garstang

Postcode	Street	Area	Average	No. of Sales
PR3 1TS	Forest View Place	Scorton	£526,661	9
PR3 1NL	Lancaster New Road	Cabus	£475,000	3
PR3 1JA	Lancaster Road	Garstang	£464,000	3
PR3 1JL	Wyre Lane	Garstang	£401,666	3
PR3 1LE	Larch Grove	Garstang	£386,500	3
PR3 1PA	Church Street	Garstang	£374,050	5
PR3 1WQ	Fell View	Garstang	£369,375	4
PR3 0LS	Parkside Close	Nateby	£369,166	3
PR3 1JP	Yewlands Drive	Garstang	£364,200	10
PR3 1XF	Stanley Gardens	Garstang	£350,499	10

Least Expensive Streets in Garstang

Postcode	Street	Area	Average	No. of Sales
PR3 1HS	Thermdale Close	Garstang	£110,875	4
PR3 1EX	Windsor Road	Garstang	£115,000	3
PR3 1JF	Sandbriggs Court	Garstang	£117,192	13
PR3 1NB	Hazelhurst Drive	Garstang	£144,850	10
PR3 1DJ	Canterbury Close	Garstang	£145,000	9
PR3 1YB	Bridge Villas	Garstang	£151,500	3
PR3 1LT	Cromwell Mews	Garstang	£159,166	3
PR3 1WB	Hazelhurst Drive	Garstang	£159,208	6
PR3 1WA	Green Lane	Garstang	£159,500	3
PR3 1WD	Grizedale Avenue	Garstang	£160,700	5