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Hornsea House Prices Hornsea House Prices

The average house price in Hornsea is £219,857 using HM Land Registry data.

The average property price increased by £60,253 (34.92%) over the last 5 years and increased by £12,042 (5.45%) over the last 12 months.

Over the last year, there were 133 residential property sales – a decrease of 31 transactions (-23.31%) relative to the previous year. The majority of house sales (34) were in the £162,000 - £204,000 range. Then came properties in the £204,000 - £246,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,174 (-4%).

In April 2024, there were 28 new estate agency instructions, 19 agreed home sales and 5 property price reductions.

Postcodes Covered: HU18

5-Year Average Property Prices in Hornsea

34.92%

Property prices in Hornsea increased by 34.92% 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 Hornsea Over the Last Year

5.45%

Property prices in Hornsea increased by 5.45% 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 Hornsea - 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 Hornsea

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 Hornsea

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 Hornsea

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 Hornsea since 1995

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

Recent Property Sales in Hornsea

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Swallow Close, Hornsea, East Riding Of Yorkshire, HU18 1LB£318,995£310,000-£8,99510 Jul 202321 Mar 2024255 Days
80 Ashcourt Drive, Hornsea, East Riding Of Yorkshire, HU18 1HF£164,950£160,000-£4,95020 Oct 202304 Mar 2024136 Days
5 Beechwood, Hornsea, East Riding Of Yorkshire, HU18 1RZ£210,000£200,000-£10,00004 Dec 202328 Feb 202486 Days
17 Lindale Avenue, Hornsea, East Riding Of Yorkshire, HU18 1RN£199,950£197,475-£2,47509 Mar 202309 Feb 2024337 Days
7 Ranby Crescent, Hornsea, East Riding Of Yorkshire, HU18 1SY£159,950£159,950£0004 Nov 202305 Feb 202493 Days
1 Cygnet Close, Hornsea, East Riding Of Yorkshire, HU18 1LE£310,000£292,000-£18,00026 Oct 202329 Jan 202495 Days
30 Stanley Avenue, Hornsea, East Riding Of Yorkshire, HU18 1UG£155,000£155,000£0017 Oct 202322 Jan 202497 Days
15 Belgrave Drive, Hornsea, East Riding Of Yorkshire, HU18 1LU£250,000£250,000£0029 Sep 202309 Jan 2024102 Days
37 Ashcourt Drive, Hornsea, East Riding Of Yorkshire, HU18 1HE£315,000£310,000-£5,00009 Oct 202320 Dec 202372 Days
Quaker Cottage, Back Westgate, Hornsea, East Riding Of Yorkshire, HU18 1BL£195,000£190,000-£5,00017 Aug 202315 Dec 2023120 Days
45 Pickering Avenue, Hornsea, East Riding Of Yorkshire, HU18 1TR£129,950£125,000-£4,95007 Oct 202308 Dec 202362 Days
86 Ashcourt Drive, Hornsea, East Riding Of Yorkshire, HU18 1HF£235,000£215,000-£20,00016 Jun 202304 Dec 2023171 Days
5 Constable Road, Hornsea, East Riding Of Yorkshire, HU18 1PN£250,000£244,000-£6,00023 Aug 202304 Dec 2023103 Days
8 The Levels, Hornsea, East Riding Of Yorkshire, HU18 1GA£295,950£287,500-£8,45011 Jul 202329 Nov 2023141 Days
Edenfield, Edenfield Avenue, Hornsea, East Riding Of Yorkshire, HU18 1UL£485,000£465,000-£20,00023 Jun 202329 Nov 2023159 Days
Jingleby Thorn, Edenfield Estate, Hornsea, East Riding Of Yorkshire, HU18 1UE£274,950£250,000-£24,95020 Jun 202327 Nov 2023160 Days
4 Darneley Court, Hornsea, East Riding Of Yorkshire, HU18 1HL£155,000£152,000-£3,00021 Jul 202324 Nov 2023126 Days
26 Clifford Street, Hornsea, East Riding Of Yorkshire, HU18 1HZ£245,000£245,000£0005 May 202324 Nov 2023203 Days
Apartment 5, Broadway House, Broadway, Hornsea, East Riding Of Yorkshire, HU18 1PZ£89,500£73,028-£16,47218 Apr 201814 Nov 20232036 Days
2 Marlborough Avenue, Hornsea, East Riding Of Yorkshire, HU18 1UA£119,000£119,000£0025 Aug 202313 Nov 202380 Days

Most Expensive Streets in Hornsea

PostcodeStreetAreaAverageNo. of Sales
HU18 1URRolston RoadHornsea£528,3333
HU18 1EEWestwood AvenueHornsea£406,2503
HU18 1BSSeaton RoadHornsea£395,6663
HU18 1EQNorthumberland AvenueHornsea£380,6663
HU18 1DRThe RiseHornsea£369,1663
HU18 1USStrawberry GardensHornsea£348,3336
HU18 1XGRolston RoadHornsea£342,1669
HU18 1FBBerry CloseHornsea£333,3163
HU18 1QXBurton RoadHornsea£323,3163
HU18 1BXCheyne WalkHornsea£321,53015

Least Expensive Streets in Hornsea

PostcodeStreetAreaAverageNo. of Sales
HU18 1LNCliff RoadHornsea£82,4833
HU18 1DTEastgate ViewHornsea£89,4505
HU18 1RSMascotte GardensHornsea£104,9005
HU18 1TETrinity RoadHornsea£105,6663
HU18 1TDRolston RoadHornsea£119,2374
HU18 1BABack SouthgateHornsea£123,5003
HU18 1PZBroadway HouseBroadway£125,45212
HU18 1AFDesmond AvenueHornsea£126,0006
HU18 1SREbor AvenueHornsea£126,2504
HU18 1QTSouth TerraceHornsea£128,1503

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