FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Louth

Louth House Prices Louth House Prices

The average house price in Louth is £209,350 using HM Land Registry data.

The average property price increased by £66,719 (36.29%) over the last 5 years and increased by £13,334 (5.62%) over the last 12 months.

Over the last year, there were 185 residential property sales – a decrease of 197 transactions (-106.49%) relative to the previous year. The majority of house sales (52) were in the £110,000 - £162,000 range. Then came properties in the £162,000 - £214,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 42 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,444 (-3%).

In April 2024, there were 51 new estate agency instructions, 35 agreed home sales and 37 property price reductions.

Postcodes Covered: LN11

5-Year Average Property Prices in Louth

36.29%

Property prices in Louth increased by 36.29% 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 Louth Over the Last Year

5.62%

Property prices in Louth increased by 5.62% 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 Louth - 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 Louth

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 Louth

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 Louth

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 Louth since 1995

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

Recent Property Sales in Louth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
63 Kenwick Road, Louth, Lincolnshire, LN11 8EL£200,000£190,000-£10,00027 Nov 202326 Feb 202491 Days
44 Priory Close, Louth, Lincolnshire, LN11 9AS£245,000£230,000-£15,00013 Sep 202319 Feb 2024159 Days
12 Grosvenor Crescent, Louth, Lincolnshire, LN11 0BD£260,000£245,000-£15,00015 Sep 202305 Feb 2024143 Days
61 Trinity Lane, Louth, Lincolnshire, LN11 8DL£210,000£205,000-£5,00029 Sep 202329 Jan 2024122 Days
41 Seymour Avenue, Louth, Lincolnshire, LN11 9EW£225,000£90,000-£135,00028 Jun 202325 Jan 2024211 Days
52 Watts Lane, Louth, Lincolnshire, LN11 9DG£255,000£250,000-£5,00022 May 202324 Jan 2024247 Days
6 Orchard Close, Louth, Lincolnshire, LN11 0BS£299,000£290,000-£9,00017 Aug 202317 Jan 2024153 Days
1 St Marys Park, Louth, Lincolnshire, LN11 0EF£575,000£575,000£0029 Aug 202323 Dec 2023116 Days
9 Pippin Close, Louth, Lincolnshire, LN11 9FF£285,000£280,000-£5,00004 Oct 202320 Dec 202377 Days
60 High Holme Road, Louth, Lincolnshire, LN11 0EY£140,000£135,000-£5,00015 Sep 202319 Dec 202395 Days
28 Priory Close, Louth, Lincolnshire, LN11 9AS£209,950£205,000-£4,95008 Aug 202319 Dec 2023133 Days
197 Newmarket, Louth, Lincolnshire, LN11 9EJ£149,950£142,500-£7,45009 Aug 202315 Dec 2023128 Days
5 Oak Close, Louth, Lincolnshire, LN11 8SQ£189,950£178,000-£11,95007 Oct 202315 Dec 202369 Days
55 Wallis Road, Louth, Lincolnshire, LN11 8DS£155,000£150,000-£5,00016 Oct 202306 Dec 202351 Days
26 St Michaels Road, Louth, Lincolnshire, LN11 9DA£189,950£182,500-£7,45028 Mar 202304 Dec 2023251 Days
59 Eastfield Road, Louth, Lincolnshire, LN11 7AP£125,000£123,500-£1,50018 Aug 202301 Dec 2023105 Days
1 St Michaels Road, Louth, Lincolnshire, LN11 9DA£130,000£122,000-£8,00017 May 202301 Dec 2023198 Days
74 Fulmar Drive, Louth, Lincolnshire, LN11 0ST£250,000£250,000£0004 Sep 202329 Nov 202386 Days
8 Legbourne Road, Louth, Lincolnshire, LN11 8ER£265,000£265,000£0025 Aug 202329 Nov 202396 Days
2 Spring Court, Louth, Lincolnshire, LN11 9PR£132,000£129,000-£3,00017 May 202327 Nov 2023194 Days

Most Expensive Streets in Louth

PostcodeStreetAreaAverageNo. of Sales
LN11 0QWCrowtree LaneLouth£791,4586
LN11 8GNKenwick ViewLouth£640,0006
LN11 9QTHorncastle RoadLouth£607,3754
LN11 9LDHorncastle RoadLouth£581,1666
LN11 9FJRoman WayLouth£565,0003
LN11 9LLCrowtree LaneLouth£506,6663
LN11 0DTSt Marys LaneLouth£500,6258
LN11 9FHSaxon WayLouth£476,95010
LN11 8SBStewton LaneLouth£457,9166
LN11 0EFSt Marys ParkLouth£432,20812

Least Expensive Streets in Louth

PostcodeStreetAreaAverageNo. of Sales
LN11 7WAForlander PlaceLouth£87,2504
LN11 0LZNorthgate CourtLouth£87,9005
LN11 7BALucern CourtLouth£88,9663
LN11 0LYNorthgateLouth£92,3005
LN11 9DDChurch StreetLouth£94,1663
LN11 9JGMercer RowLouth£99,8333
LN11 9NQNichol HillLouth£99,8333
LN11 9HAKidgate MewsLouth£101,3333
LN11 0JWJames StreetLouth£102,8889
LN11 9ALPriory RoadLouth£103,5628

Explore Louth and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Lincolnshire
Property Auctions Lincolnshire
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark