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Looe House Prices Looe House Prices

The average house price in Looe is £237,300 using HM Land Registry data.

The average property price increased by £136,642 (55.83%) over the last 5 years and increased by £27,309 (7.71%) over the last 12 months.

Over the last year, there were 128 residential property sales – a decrease of 6 transactions (-4.69%) relative to the previous year. The majority of house sales (30) were in the £202,000 - £274,000 range. Then came properties in the £130,000 - £202,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,666 (-4%).

In April 2024, there were 27 new estate agency instructions, 12 agreed home sales and 15 property price reductions.

Postcodes Covered: PL13

5-Year Average Property Prices in Looe

55.83%

Property prices in Looe increased by 55.83% 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 Looe Over the Last Year

7.71%

Property prices in Looe increased by 7.71% 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 Looe - 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 Looe

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 Looe

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 Looe

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 Looe since 1995

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

Recent Property Sales in Looe

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 5, Nailzee Point, Marine Drive, Looe, Cornwall, PL13 2DF£180,000£180,000£0027 Nov 202307 Mar 2024101 Days
Sail Hatch, West Looe Hill, Looe, Cornwall, PL13 2HJ£300,000£295,000-£5,00015 Dec 202323 Feb 202470 Days
40 Goonrea, West Looe, Looe, Cornwall, PL13 2PH£325,000£315,000-£10,00005 Oct 202309 Feb 2024127 Days
10 Beech Terrace, West Looe, Looe, Cornwall, PL13 2AQ£380,000£365,000-£15,00018 May 202308 Feb 2024266 Days
Blue Haze, Lower Chapel Street, Looe, Cornwall, PL13 1AT£240,000£232,500-£7,50002 Aug 202315 Dec 2023135 Days
32 Bodrigan Road, Looe, Cornwall, PL13 1EQ£310,000£308,000-£2,00011 Sep 202314 Dec 202394 Days
42 Churchlands, Looe, Cornwall, PL13 1NR£210,000£199,000-£11,00027 Jun 202310 Nov 2023136 Days
10 Barbican Close, Looe, Cornwall, PL13 1EE£350,000£350,000£0011 Jun 202301 Nov 2023143 Days
Penmayne, Barbican Road, Looe, Cornwall, PL13 1EX£325,000£305,000-£20,00003 Jul 202301 Nov 2023121 Days
High View, Barbican Road, Looe, Cornwall, PL13 1NW£275,000£275,000£0010 Jun 202327 Oct 2023139 Days
9 Churchlands, Looe, Cornwall, PL13 1NR£175,000£175,000£0002 Apr 202325 Oct 2023206 Days
7 North View, East Looe, Looe, Cornwall, PL13 1HR£280,000£280,000£0017 Jun 202320 Oct 2023125 Days
Carn Brea, Shutta Road, Looe, Cornwall, PL13 1HW£650,000£640,000-£10,00029 Mar 202318 Oct 2023203 Days
The Dawn, Dawn Road, Looe, Cornwall, PL13 2DS£550,000£150,000-£400,00022 Nov 202105 Oct 2023682 Days
Riverside Hall, Princes Street, Looe, Cornwall, PL13 2ER£650,000£630,000-£20,00026 Jun 202303 Oct 202399 Days
Islander Cottage, Fore Street, West Looe, Looe, Cornwall, PL13 2HA£335,000£330,000-£5,00013 Mar 202303 Oct 2023204 Days
24 Restormel Road, East Looe, Looe, Cornwall, PL13 1EJ£390,000£382,000-£8,00026 Jun 202328 Sep 202394 Days
Crowsnest, Downs View, West Looe, Looe, Cornwall, PL13 2HD£230,000£192,500-£37,50026 Apr 202321 Sep 2023148 Days
Tiree, Lower Chapel Street, Looe, Cornwall, PL13 1AT£170,000£170,000£0018 May 202315 Sep 2023120 Days
1 Portbyhan Road, Looe, Cornwall, PL13 2QN£450,000£435,000-£15,00026 May 202306 Sep 2023103 Days

Most Expensive Streets in Looe

PostcodeStreetAreaAverageNo. of Sales
PL13 1LEKellowLooe£1,591,9287
PL13 1LFPlaidyLooe£1,279,9287
PL13 2DHMarine DriveLooe£774,0005
PL13 1LGPlaidy Park RoadPlaidy£683,3336
PL13 2HXDowns LaneWest Looe£678,3333
PL13 2DNPortuan RoadLooe£633,1258
PL13 1JPBay View RoadEast Looe£546,6663
PL13 2DJMarine DriveLooe£541,4005
PL13 2DTHannafore LaneLooe£501,2504
PL13 1NUBaydownLooe£493,9166

Least Expensive Streets in Looe

PostcodeStreetAreaAverageNo. of Sales
PL13 1PDValley BungalowsMillendreath£72,6124
PL13 1PFHillside VillasMillendreath£97,8005
PL13 1PEHillside VillasMillendreath£99,3754
PL13 1DTBarracuda FlatsFore Street, East Looe£141,2504
PL13 2SDTregarrickWest Looe£148,58419
PL13 2AGTrelawney TerraceLooe£150,0003
PL13 1NRChurchlandsLooe£154,3567
PL13 1HESt Martins CloseLooe£156,7504
PL13 1NTBarbican CourtEast Looe£156,86819
PL13 1DBThe BayLooe£160,0003

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