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Lawford House Prices Lawford House Prices

The average house price in Lawford is £445,000 using HM Land Registry data.

The average property price increased by £40,199 (11.88%) over the last 5 years and increased by £8,034 (2.17%) over the last 12 months.

Over the last year, there were 68 residential property sales – a decrease of 52 transactions (-76.47%) relative to the previous year. The majority of house sales (16) were in the £316,000 - £374,000 range. Then came properties in the £258,000 - £316,000 range, where 13 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 £-14,477 (-3%).

In April 2024, there were 9 new estate agency instructions, 9 agreed home sales and 4 property price reductions.

Postcodes Covered: CO11

5-Year Average Property Prices in Lawford

11.88%

Property prices in Lawford increased by 11.88% 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 Lawford Over the Last Year

2.17%

Property prices in Lawford increased by 2.17% 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 Lawford - 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 Lawford

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 Lawford

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 Lawford

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 Lawford since 1995

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

Recent Property Sales in Lawford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Cotman Avenue, Lawford, Manningtree, Essex, CO11 2LB£170,000£165,000-£5,00011 Jul 202323 Nov 2023135 Days
18 Cotman Avenue, Lawford, Manningtree, Essex, CO11 2HB£450,000£450,000£0007 Jun 202314 Sep 202399 Days
3 Parrington Way, Lawford, Manningtree, Essex, CO11 2LZ£500,000£490,000-£10,00016 May 202324 Aug 2023100 Days
154 Colchester Road, Lawford, Manningtree, Essex, CO11 2BP£350,000£340,000-£10,00020 Mar 202331 Jul 2023133 Days
11 Linden Close, Lawford, Manningtree, Essex, CO11 2ET£300,000£287,500-£12,50021 Feb 202328 Jul 2023157 Days
16 Queensway, Lawford, Manningtree, Essex, CO11 1EW£375,000£372,500-£2,50028 Feb 202324 Jul 2023146 Days
19 Milton Road, Lawford, Manningtree, Essex, CO11 2EG£375,000£360,000-£15,00023 Dec 202230 Jun 2023189 Days
202 Colchester Road, Lawford, Manningtree, Essex, CO11 2BP£285,000£268,000-£17,00009 Mar 202316 Jun 202399 Days
12 Keating Close, Lawford, Manningtree, Essex, CO11 2HF£240,000£230,000-£10,00007 Feb 202316 Jun 2023129 Days
24 Cavendish Drive, Lawford, Manningtree, Essex, CO11 2EY£320,000£320,000£0017 Aug 202230 May 2023286 Days
21 Queensway, Lawford, Manningtree, Essex, CO11 1EW£275,000£270,000-£5,00025 Nov 202231 Mar 2023126 Days
26 Cavendish Drive, Lawford, Manningtree, Essex, CO11 2EY£385,000£384,200-£80009 Sep 202203 Mar 2023175 Days
17 Blake Close, Lawford, Manningtree, Essex, CO11 2JR£250,000£205,000-£45,00003 Sep 202217 Feb 2023167 Days
1 Merivale Close, Lawford, Manningtree, Essex, CO11 2ED£210,000£192,000-£18,00027 Sep 202217 Feb 2023143 Days
3 Nash Close, Lawford, Manningtree, Essex, CO11 2LE£200,000£200,000£0031 Aug 202203 Feb 2023156 Days
9 Linden Close, Lawford, Manningtree, Essex, CO11 2ET£315,000£310,000-£5,00013 Oct 202216 Dec 202264 Days
86 Long Road, Lawford, Manningtree, Essex, CO11 2HS£640,000£637,500-£2,50008 Apr 202209 Dec 2022245 Days
40 Kings Close, Lawford, Manningtree, Essex, CO11 1EP£285,000£285,000£0016 Aug 202208 Nov 202284 Days
5 Barker Close, Lawford, Manningtree, Essex, CO11 2JW£240,000£238,000-£2,00031 Aug 202204 Nov 202265 Days
26 Cotman Avenue, Lawford, Manningtree, Essex, CO11 2HB£240,000£240,000£0006 Apr 202208 Jul 202293 Days

Most Expensive Streets in Lawford

PostcodeStreetAreaAverageNo. of Sales
CO11 2FWLennox DriveLawford£591,8758
CO11 2FUSienna GroveManningtree£587,8427
CO11 2FTTavistock PlaceLawford£574,49810
CO11 2FXThe HolliesLawford£563,07613
CO11 2PTLawford PlaceLawford£524,42313
CO11 2BXSummers Park AvenueLawford£522,0005
CO11 2FBFlorence GardensLawford£520,0004
CO11 2LZParrington WayLawford£511,0003
CO11 2ENCambridge DriveLawford£486,7147
CO11 2FAChester GroveLawford£478,3333

Least Expensive Streets in Lawford

PostcodeStreetAreaAverageNo. of Sales
CO11 1UGCollege CourtColchester Road£188,3333
CO11 2LENash CloseLawford£190,65313
CO11 2DTWaldegrave WayLawford£200,8333
CO11 2HFKeating CloseLawford£205,8577
CO11 2JTFitzgerald CloseLawford£216,3754
CO11 2JWBarker CloseLawford£226,6666
CO11 1EWQueenswayLawford£227,0628
CO11 2EAMerivale RoadLawford£230,0003
CO11 2HQHughes Stanton WayLawford£242,1427
CO11 2LBCotman AvenueLawford£253,0839

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