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Kingsbridge House Prices Kingsbridge House Prices

The average house price in Kingsbridge is £374,000 using HM Land Registry data.

The average property price increased by £149,374 (53.77%) over the last 5 years and increased by £29,854 (7.51%) over the last 12 months.

Over the last year, there were 94 residential property sales – a decrease of 35 transactions (-37.23%) relative to the previous year. The majority of house sales (23) were in the £246,000 - £342,000 range. Then came properties in the £150,000 - £246,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 133 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,854 (-3%).

In April 2024, there were 16 new estate agency instructions, 18 agreed home sales and 12 property price reductions.

Postcodes Covered: TQ7

5-Year Average Property Prices in Kingsbridge

53.77%

Property prices in Kingsbridge increased by 53.77% 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 Kingsbridge Over the Last Year

7.51%

Property prices in Kingsbridge increased by 7.51% 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 Kingsbridge - 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 Kingsbridge

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 Kingsbridge

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 Kingsbridge

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 Kingsbridge since 1995

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

Recent Property Sales in Kingsbridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Windsor Court, Kingsbridge, Devon, TQ7 1RZ£102,500£102,000-£50011 Jul 202329 Feb 2024233 Days
4 Wistaria Place, Kingsbridge, Devon, TQ7 1BW£170,000£160,000-£10,00010 Nov 202314 Feb 202496 Days
89a, Fore Street, Kingsbridge, Devon, TQ7 1AB£300,000£300,000£0007 Sep 202311 Dec 202395 Days
58 Church Street, Kingsbridge, Devon, TQ7 1DD£159,000£145,000-£14,00001 Sep 202308 Dec 202398 Days
18 Hillside Drive, Kingsbridge, Devon, TQ7 1JT£550,000£530,000-£20,00015 May 202307 Dec 2023206 Days
7 Mount Pleasant Close, Kingsbridge, Devon, TQ7 1NR£360,000£355,000-£5,00012 Sep 202301 Dec 202380 Days
11 Southville Gardens, Kingsbridge, Devon, TQ7 1LE£495,000£480,000-£15,00010 Aug 202330 Nov 2023112 Days
12 Manor Park, Kingsbridge, Devon, TQ7 1BB£360,000£360,000£0018 Apr 202324 Nov 2023220 Days
9 Southville Gardens, Kingsbridge, Devon, TQ7 1LE£545,000£520,000-£25,00010 Aug 202310 Nov 202392 Days
20 Warren Road, Kingsbridge, Devon, TQ7 1LB£625,000£610,000-£15,00002 May 202306 Nov 2023188 Days
10 Lime Grove, Kingsbridge, Devon, TQ7 1TP£250,000£230,000-£20,00023 Jun 202320 Oct 2023119 Days
18 Waverley Road, Kingsbridge, Devon, TQ7 1EZ£439,950£430,000-£9,95012 Jun 202313 Oct 2023123 Days
20 Northville Park, Kingsbridge, Devon, TQ7 1AR£435,000£300,000-£135,00027 Jun 202306 Oct 2023101 Days
16 Church Close, Kingsbridge, Devon, TQ7 1BU£330,000£330,000£0019 May 202329 Sep 2023133 Days
3 Belle Vue Road, Kingsbridge, Devon, TQ7 1LY£174,950£174,950£0003 Nov 202229 Sep 2023330 Days
23 Duncombe Street, Kingsbridge, Devon, TQ7 1LR£199,950£185,000-£14,95002 Mar 202308 Sep 2023190 Days
41 Belle Cross Road, Kingsbridge, Devon, TQ7 1NL£565,000£550,000-£15,00027 Mar 202330 Aug 2023156 Days
13 Highfield Drive, Kingsbridge, Devon, TQ7 1JW£650,000£630,000-£20,00031 Mar 202329 Aug 2023151 Days
41 Wallingford Road, Kingsbridge, Devon, TQ7 1NA£279,950£275,000-£4,95027 Feb 202325 Aug 2023179 Days
Flat 2, Kildare Mews, Waverley Road, Kingsbridge, Devon, TQ7 1FA£120,000£115,000-£5,00028 Jul 202211 Aug 2023379 Days

Most Expensive Streets in Kingsbridge

PostcodeStreetAreaAverageNo. of Sales
TQ7 1LAEmbankment RoadKingsbridge£1,150,3104
TQ7 1FGCulver RiseKingsbridge£793,0006
TQ7 1LBWarren RoadKingsbridge£708,7504
TQ7 1LFLower Warren RoadKingsbridge£704,2857
TQ7 1NGFosse RoadKingsbridge£674,7005
TQ7 1LPThe MooringsEmbankment Road£652,5006
TQ7 1JZEmbankment RoadKingsbridge£641,79112
TQ7 1JJDerby RoadKingsbridge£603,3333
TQ7 1NLBelle Cross RoadKingsbridge£536,7147
TQ7 1ALFore StreetKingsbridge£525,7504

Least Expensive Streets in Kingsbridge

PostcodeStreetAreaAverageNo. of Sales
TQ7 1RZWindsor CourtKingsbridge£112,70020
TQ7 1PPFore StreetKingsbridge£131,0004
TQ7 1NYFore StreetKingsbridge£136,3333
TQ7 1PRKings MarketKingsbridge£139,3754
TQ7 1PGFore StreetKingsbridge£160,4005
TQ7 1PSAlbion GardensKingsbridge£160,8333
TQ7 1QNCookworthy CourtCookworthy Road£168,3333
TQ7 1GAMatthews PassageKingsbridge£180,3754
TQ7 1ELMontagu RoadKingsbridge£184,5205
TQ7 1TPLime GroveKingsbridge£185,0003

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