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Locking House Prices Locking House Prices

The average house price in Locking is £230,000 using HM Land Registry data.

The average property price increased by £67,801 (28.68%) over the last 5 years and increased by £13,551 (4.66%) over the last 12 months.

Over the last year, there were 48 residential property sales – a decrease of 126 transactions (-262.50%) relative to the previous year. The majority of house sales (11) were in the £328,000 - £374,000 range. Then came properties in the £236,000 - £282,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,583 (-1%).

In April 2024, there were 46 new estate agency instructions, 10 agreed home sales and 11 property price reductions.

Postcodes Covered: BS24, BS29

5-Year Average Property Prices in Locking

28.68%

Property prices in Locking increased by 28.68% 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 Locking Over the Last Year

4.66%

Property prices in Locking increased by 4.66% 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 Locking - 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 Locking

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 Locking

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 Locking

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 Locking since 1995

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

Recent Property Sales in Locking

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Elm Grove, Locking, Weston-super-mare, North Somerset, BS24 8EN£425,000£405,000-£20,00027 Sep 202322 Jan 2024117 Days
52 Homefield, Locking, Weston-super-mare, North Somerset, BS24 8EA£289,950£280,000-£9,95002 Aug 202305 Jan 2024156 Days
24 Mendip Rise, Locking, Weston-super-mare, North Somerset, BS24 8BQ£230,000£230,000£0017 Aug 202306 Dec 2023111 Days
36 The Orchard, Locking, Weston-super-mare, North Somerset, BS24 8DZ£280,000£275,000-£5,00005 Jul 202324 Nov 2023142 Days
30 Old Banwell Road, Locking, Weston-super-mare, North Somerset, BS24 8BT£450,000£415,000-£35,00028 Nov 202213 Nov 2023350 Days
12 Leafy Way, Locking, Weston-super-mare, North Somerset, BS24 8BD£415,000£415,000£0021 Mar 202307 Nov 2023231 Days
11 Merryfield Road, Locking, Weston-super-mare, North Somerset, BS24 7DN£210,000£203,000-£7,00031 May 202317 Oct 2023139 Days
35 South Lawn, Locking, Weston-super-mare, North Somerset, BS24 8AD£295,000£290,000-£5,00007 Jun 202311 Oct 2023126 Days
11 Meadow Drive, Locking, Weston-super-mare, North Somerset, BS24 8BB£350,000£325,000-£25,00001 Aug 202205 Oct 2023430 Days
4 Woolvers Way, Locking, Weston-super-mare, North Somerset, BS24 7DW£279,950£265,000-£14,95025 Oct 202203 Oct 2023343 Days
27 Oxford Square, Locking, Weston-super-mare, North Somerset, BS24 7DP£254,500£247,500-£7,00028 Jul 202322 Sep 202356 Days
14 Woolvers Way, Locking, Weston-super-mare, North Somerset, BS24 7DW£260,000£255,000-£5,00002 May 202303 Jul 202362 Days
8 Oxford Square, Locking, Weston-super-mare, North Somerset, BS24 7DP£260,000£256,500-£3,50012 Oct 202219 Jun 2023250 Days
24 Byron Road, Locking, Weston-super-mare, North Somerset, BS24 8AG£230,000£213,000-£17,00007 Dec 202201 Jun 2023176 Days
5 South Lawn, Locking, Weston-super-mare, North Somerset, BS24 8AA£360,000£360,000£0013 Feb 202325 May 2023101 Days
8 South Lawn, Locking, Weston-super-mare, North Somerset, BS24 8AA£375,000£375,000£0011 Feb 202324 May 2023102 Days
72 Homefield, Locking, Weston-super-mare, North Somerset, BS24 8EA£315,000£315,000£0023 Feb 202305 May 202371 Days
110 Elm Tree Road, Locking, Weston-super-mare, North Somerset, BS24 8EL£388,000£384,000-£4,00027 Jul 202203 Mar 2023219 Days
38 Anson Road, Locking, Weston-super-mare, North Somerset, BS24 7DE£375,000£365,000-£10,00003 Aug 202224 Feb 2023205 Days
17 Trenchard Road, Locking, Weston-super-mare, North Somerset, BS24 7AH£350,000£343,000-£7,00014 Jul 202208 Feb 2023209 Days

Most Expensive Streets in Locking

PostcodeStreetAreaAverageNo. of Sales
BS24 7LNOrmrod GroveLocking£470,1663
BS24 7NGMannock GardensLocking£457,72915
BS24 8BTOld Banwell RoadLocking£411,6663
BS24 8ELElm Tree RoadLocking£407,3336
BS24 7NJMccrae RoadLocking£372,56614
BS24 8DNElm Tree RoadLocking£366,0003
BS24 7PHBowen RoadLocking£360,8839
BS24 7PFPost Office RoadLocking£360,6218
BS29 6BRBuller RoadBanwell£358,1407
BS29 6BYDyer StreetBanwell£342,11028

Least Expensive Streets in Locking

PostcodeStreetAreaAverageNo. of Sales
BS24 7GFCranwell RoadLocking£154,4874
BS24 7FUBowen RoadLocking£177,3849
BS24 7LWCranwell RoadLocking£184,4217
BS24 7LUCranwell RoadLocking£191,7505
BS24 7DQAnson RoadLocking£194,7857
BS24 7NPNicholson RoadLocking£197,24516
BS24 7DHVarsity WayLocking£198,4005
BS24 7DGAnson RoadLocking£213,5005
BS24 7DPOxford SquareLocking£219,3506
BS24 8DZThe OrchardLocking£220,3333

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