Kessingland House Prices Kessingland House Prices

The average house price in Kessingland is £278,416 using HM Land Registry data.

The average property price increased by £74,936 (40.73%) over the last 5 years and increased by £14,977 (6.14%) over the last 12 months.

Over the last year, there were 61 residential property sales – a decrease of 24 transactions (-39.34%) relative to the previous year. The majority of house sales (15) were in the £178,000 - £216,000 range. Then came properties in the £216,000 - £254,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,762 (-2%).

In April 2024, there were 16 new estate agency instructions, 8 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in Kessingland

40.73%

Property prices in Kessingland increased by 40.73% 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 Kessingland Over the Last Year

6.14%

Property prices in Kessingland increased by 6.14% 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 Kessingland - 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 Kessingland

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 Kessingland

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 Kessingland

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 Kessingland since 1995

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

Recent Property Sales in Kessingland

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
104 Lloyds Avenue, Kessingland, Lowestoft, Suffolk, NR33 7TS£180,000£180,000£0012 Oct 202315 Feb 2024126 Days
37 Whites Lane, Kessingland, Lowestoft, Suffolk, NR33 7TG£170,000£161,500-£8,50005 Oct 202305 Feb 2024123 Days
17 Mclean Drive, Kessingland, Lowestoft, Suffolk, NR33 7TY£215,000£213,000-£2,00006 Oct 202309 Jan 202495 Days
50 London Road, Kessingland, Lowestoft, Suffolk, NR33 7PW£330,000£320,000-£10,00011 Oct 202320 Dec 202370 Days
2 Kipling Close, Kessingland, Lowestoft, Suffolk, NR33 7NZ£180,000£170,000-£10,00026 Jul 202308 Dec 2023135 Days
291 Church Road, Kessingland, Lowestoft, Suffolk, NR33 7SB£175,000£155,000-£20,00023 Aug 202306 Dec 2023105 Days
23 Peregrine Way, Kessingland, Lowestoft, Suffolk, NR33 7QH£230,000£228,000-£2,00021 Jul 202301 Dec 2023133 Days
4 Damerson Went, Kessingland, Lowestoft, Suffolk, NR33 7PE£200,000£195,000-£5,00001 Aug 202328 Nov 2023119 Days
14 Coopers Drive, Kessingland, Lowestoft, Suffolk, NR33 7RU£240,000£225,000-£15,00029 Aug 202327 Nov 202390 Days
7 Northacre, Kessingland, Lowestoft, Suffolk, NR33 7PX£280,000£280,000£0018 Jul 202324 Nov 2023129 Days
44 Whites Lane, Kessingland, Lowestoft, Suffolk, NR33 7TG£280,000£270,000-£10,00016 Nov 202208 Nov 2023357 Days
53 Wash Lane, Kessingland, Lowestoft, Suffolk, NR33 7QY£125,000£125,000£0007 Aug 202302 Nov 202387 Days
49 London Road, Kessingland, Lowestoft, Suffolk, NR33 7PN£175,000£170,000-£5,00004 Jul 202327 Oct 2023115 Days
191 Lloyds Avenue, Kessingland, Lowestoft, Suffolk, NR33 7TT£225,000£225,000£0025 Jul 202306 Oct 202373 Days
6 Sanctuary Close, Kessingland, Lowestoft, Suffolk, NR33 7SX£425,000£410,000-£15,00008 Jun 202306 Oct 2023120 Days
67 Lloyds Avenue, Kessingland, Lowestoft, Suffolk, NR33 7TS£190,000£180,000-£10,00002 Feb 202326 Sep 2023236 Days
16 Beaconsfield Road, Kessingland, Lowestoft, Suffolk, NR33 7RD£315,000£315,000£0009 Mar 202325 Aug 2023169 Days
3 Damerson Went, Kessingland, Lowestoft, Suffolk, NR33 7PE£280,000£277,000-£3,00020 Mar 202317 Aug 2023150 Days
9 Smith Crescent, Kessingland, Lowestoft, Suffolk, NR33 7TZ£225,000£225,000£0015 Apr 202328 Jul 2023104 Days
5 Smith Crescent, Kessingland, Lowestoft, Suffolk, NR33 7TZ£185,000£172,000-£13,00024 Apr 202310 Jul 202377 Days

Most Expensive Streets in Kessingland

PostcodeStreetAreaAverageNo. of Sales
NR33 7SQChurch RoadKessingland£422,0006
NR33 7RWBeach RoadKessingland£407,9586
NR33 7RANorth CliffKessingland£377,0004
NR33 7RYBethel DriveKessingland£370,0003
NR33 7TNMarket Place SquareKessingland£342,0836
NR33 7QZWash LaneKessingland£291,7857
NR33 7RPGreen LaneKessingland£287,5004
NR33 7UPHeritage GreenKessingland£284,10015
NR33 7STDrury CloseKessingland£277,8005
NR33 7PDRider Haggard LaneKessingland£275,8333

Least Expensive Streets in Kessingland

PostcodeStreetAreaAverageNo. of Sales
NR33 7RQSeaview Chalet ParkKessingland£98,5003
NR33 7RGSeaview Chalet ParkKessingland£103,7086
NR33 7NUKessingland CottagesRider Haggard Lane£103,7504
NR33 7PSClare RoadKessingland£156,5833
NR33 7SNGriffith CloseKessingland£161,6663
NR33 7QJLowlands CloseKessingland£161,8336
NR33 7NZKipling CloseKessingland£162,95010
NR33 7TDBirds CottagesKessingland£165,2504
NR33 7TXLloyds AvenueKessingland£166,2504
NR33 7PTSt Edmunds CrescentKessingland£167,0004

Explore Kessingland and Neighbouring Area House Prices