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Kings Worthy House Prices Kings Worthy House Prices

The average house price in Kings Worthy is £377,666 using HM Land Registry data.

The average property price increased by £214,224 (52.92%) over the last 5 years and increased by £42,815 (7.43%) over the last 12 months.

Over the last year, there were 52 residential property sales – a decrease of 25 transactions (-48.08%) relative to the previous year. The majority of house sales (12) were in the £220,000 - £362,000 range. Then came properties in the £362,000 - £504,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,334 (-3%).

In April 2024, there were 11 new estate agency instructions, 5 agreed home sales and 9 property price reductions.

Postcodes Covered: SO21, SO23

5-Year Average Property Prices in Kings Worthy

52.92%

Property prices in Kings Worthy increased by 52.92% 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 Kings Worthy Over the Last Year

7.43%

Property prices in Kings Worthy increased by 7.43% 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 Kings Worthy - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Kings Worthy

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 Kings Worthy

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 Kings Worthy

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 Kings Worthy since 1995

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

Recent Property Sales in Kings Worthy

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 4, Benhams, Bentley Close, Kings Worthy, Winchester, Hampshire, SO23 7FG£229,950£226,500-£3,45010 Aug 202330 Nov 2023112 Days
12 Lovedon Lane, Kings Worthy, Winchester, Hampshire, SO23 7NU£550,000£530,000-£20,00031 Jul 202327 Oct 202388 Days
33 Cundell Way, Kings Worthy, Winchester, Hampshire, SO23 7NP£325,000£315,000-£10,00024 Feb 202324 Oct 2023242 Days
13b, Springvale Road, Kings Worthy, Winchester, Hampshire, SO23 7LT£750,000£725,000-£25,00025 Mar 202316 Oct 2023205 Days
40 Wesley Road, Kings Worthy, Winchester, Hampshire, SO23 7PX£260,000£240,000-£20,00007 Jun 202316 Oct 2023131 Days
6 Sycamore Drive, Kings Worthy, Winchester, Hampshire, SO23 7NW£495,000£490,000-£5,00002 Feb 202305 Oct 2023245 Days
16 Wesley Road, Kings Worthy, Winchester, Hampshire, SO23 7PX£500,000£495,000-£5,00018 Apr 202314 Sep 2023149 Days
Headlands, School Lane, Headbourne Worthy, Winchester, Hampshire, SO23 7JX£1,300,000£1,300,000£0024 May 202324 Aug 202392 Days
17 Campion Way, Kings Worthy, Winchester, Hampshire, SO23 7QP£400,000£400,000£0015 Mar 202307 Aug 2023145 Days
4 Kings Close, Kings Worthy, Winchester, Hampshire, SO23 7TE£690,000£690,000£0022 Sep 202227 Jul 2023308 Days
104 Springvale Road, Kings Worthy, Winchester, Hampshire, SO23 7NB£1,100,000£1,050,000-£50,00012 Dec 202225 Jul 2023225 Days
161a, Springvale Road, Winchester, Hampshire, SO23 7LF£750,000£745,000-£5,00013 Mar 202321 Jul 2023130 Days
4 Springvale Road, Kings Worthy, Winchester, Hampshire, SO23 7LT£675,000£624,000-£51,00016 Mar 202307 Jul 2023113 Days
42 Pound Road, Kings Worthy, Winchester, Hampshire, SO23 7PU£195,000£183,000-£12,00018 Nov 202207 Jul 2023231 Days
Worthy House, Springvale Road, Kings Worthy, Winchester, Hampshire, SO23 7LD£1,300,000£1,280,000-£20,00013 Mar 202303 Jul 2023112 Days
33 Nations Hill, Winchester, Hampshire, SO23 7QY£650,000£650,000£0003 Apr 202303 Jul 202391 Days
29 Maple Drive, Kings Worthy, Winchester, Hampshire, SO23 7NG£280,000£269,000-£11,00026 Jan 202312 May 2023106 Days
54 Cundell Way, Kings Worthy, Winchester, Hampshire, SO23 7NP£500,000£485,000-£15,00011 Nov 202221 Apr 2023161 Days
Hampton House, Taylors Corner, Headbourne Worthy, Winchester, Hampshire, SO23 7JH£1,375,000£1,200,000-£175,00026 Oct 202203 Mar 2023128 Days
2 Fryers Close, Kings Worthy, Winchester, Hampshire, SO23 7LP£440,000£435,000-£5,00012 Apr 202217 Feb 2023311 Days

Most Expensive Streets in Kings Worthy

PostcodeStreetAreaAverageNo. of Sales
SO23 7JXSchool LaneHeadbourne Worthy£1,308,5717
SO23 7JLPudding LaneHeadbourne Worthy£1,260,6333
SO23 7QNLondon RoadKings Worthy£946,1254
SO23 7QBHinton FieldsKings Worthy£886,6663
SO23 7LDSpringvale RoadKings Worthy£853,5005
SO23 7QXMortimer CloseKings Worthy£825,1375
SO23 7RALegion LaneKings Worthy£803,7504
SO23 7LFSpringvale RoadWinchester£745,0316
SO23 7NAHookpit Farm LaneKings Worthy£717,3333
SO23 7GQEversley GardensKings Worthy£682,1427

Least Expensive Streets in Kings Worthy

PostcodeStreetAreaAverageNo. of Sales
SO23 7JUThe PinesShroner View£159,6005
SO23 7PFFraser RoadKings Worthy£238,2504
SO23 7PRRamsay RoadKings Worthy£260,6005
SO23 7FLBroadview CloseKings Worthy£262,5007
SO23 7PZField EndKings Worthy£270,6005
SO23 7PYFelmer DriveKings Worthy£274,7005
SO23 7HXEdwards CloseKings Worthy£287,5846
SO23 7TTChurch Green CloseKings Worthy£300,0003
SO23 7LLVale WayKings Worthy£312,5004
SO23 7NGMaple DriveKings Worthy£313,0005

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