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Lymington House Prices Lymington House Prices

The average house price in Lymington is £519,800 using HM Land Registry data.

The average property price increased by £199,238 (46.25%) over the last 5 years and increased by £39,820 (6.75%) over the last 12 months.

Over the last year, there were 201 residential property sales – a decrease of 74 transactions (-36.82%) relative to the previous year. The majority of house sales (51) were in the £160,000 - £358,000 range. Then came properties in the £358,000 - £556,000 range, where 50 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 88 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,823 (-3%).

In April 2024, there were 65 new estate agency instructions, 35 agreed home sales and 40 property price reductions.

Postcodes Covered: SO41

5-Year Average Property Prices in Lymington

46.25%

Property prices in Lymington increased by 46.25% 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 Lymington Over the Last Year

6.75%

Property prices in Lymington increased by 6.75% 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 Lymington - 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 Lymington

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 Lymington

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 Lymington

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 Lymington since 1995

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

Recent Property Sales in Lymington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Daffodil Walk, Hollywood Lane, Lymington, Hampshire, SO41 9HD£675,000£650,000-£25,00023 Jan 202401 Mar 202438 Days
Lindale, North Close, Lymington, Hampshire, SO41 9BT£695,000£637,500-£57,50010 Mar 202319 Feb 2024346 Days
30 Harford Close, Pennington, Lymington, Hampshire, SO41 8EX£799,950£785,000-£14,95022 Sep 202313 Feb 2024144 Days
50 Harvester Way, Lymington, Hampshire, SO41 8YD£279,000£263,000-£16,00006 Sep 202309 Feb 2024156 Days
4 Old Farm Walk, Lymington, Hampshire, SO41 3NY£1,000,000£950,000-£50,00022 Nov 202319 Jan 202458 Days
16 Ringbury, Lymington, Hampshire, SO41 9FH£320,000£310,000-£10,00002 Oct 202309 Jan 202499 Days
14 Southlands, Pennington, Lymington, Hampshire, SO41 8EE£499,950£475,000-£24,95015 Aug 202314 Dec 2023121 Days
34 Fullerton Road, Lymington, Hampshire, SO41 9JN£600,000£575,000-£25,00026 May 202308 Dec 2023196 Days
2 Lisle Close, Lymington, Hampshire, SO41 3NW£735,000£720,000-£15,00015 May 202305 Dec 2023204 Days
35 North Close, Lymington, Hampshire, SO41 9BW£495,000£457,500-£37,50009 Jun 202324 Nov 2023168 Days
42 Lower Buckland Road, Lymington, Hampshire, SO41 9DL£499,950£485,000-£14,95019 Aug 202323 Nov 202396 Days
3 Broad Lane, Lymington, Hampshire, SO41 3QN£795,000£785,000-£10,00017 Aug 202322 Nov 202397 Days
3 Lentune Way, Lymington, Hampshire, SO41 3PE£875,000£875,000£0007 Jul 202315 Nov 2023131 Days
12 Solent Avenue, Lymington, Hampshire, SO41 3SD£1,750,000£1,610,000-£140,00023 Aug 202310 Nov 202379 Days
Flat 1, Bucklers Court, Anchorage Way, Lymington, Hampshire, SO41 8JN£164,950£125,000-£39,95004 Oct 201906 Nov 20231494 Days
21 Vitre Gardens, Lymington, Hampshire, SO41 3NA£680,000£667,500-£12,50018 Jul 202331 Oct 2023105 Days
27 Avenue Road, Lymington, Hampshire, SO41 9GP£1,050,000£1,050,000£0028 Jun 202327 Oct 2023121 Days
15 Ambleside Road, Lymington, Hampshire, SO41 3QS£995,000£965,000-£30,00019 May 202320 Oct 2023154 Days
2 Belmore Lane, Lymington, Hampshire, SO41 3NJ£795,000£750,000-£45,00027 Apr 202318 Oct 2023174 Days
49 Middle Road, Lymington, Hampshire, SO41 9HE£735,000£700,000-£35,00027 Jun 202313 Oct 2023108 Days

Most Expensive Streets in Lymington

PostcodeStreetAreaAverageNo. of Sales
SO41 8PABoldre LaneBoldre£2,129,7005
SO41 3RLWest HayesLymington£1,490,7147
SO41 3PNDaniells WalkLymington£1,458,3333
SO41 3SGStanley RoadLymington£1,421,3333
SO41 3RGGrove PasturesLymington£1,375,0004
SO41 3NPFairfield CloseLymington£1,281,6663
SO41 3PTWaterford LaneLymington£1,227,5006
SO41 8FPRookes LaneLymington£1,193,1258
SO41 8FFViney RoadLymington£1,160,6663
SO41 8FDAll Saints RoadLymington£1,148,3333

Least Expensive Streets in Lymington

PostcodeStreetAreaAverageNo. of Sales
SO41 8EZHomewood HouseMilford Road£73,9166
SO41 9BJNew StreetLymington£118,5717
SO41 9AXTylers CloseLymington£136,0717
SO41 9NQMosbach PlaceLymington£144,9163
SO41 9BSParish CourtEmsworth Road£150,28422
SO41 9NUUnion PlaceLymington£160,3333
SO41 8JNBucklers CourtAnchorage Way£167,73015
SO41 9PAAvenue RoadLymington£170,50020
SO41 9FESpartina DriveLymington£183,85010
SO41 9FNMarram CloseLymington£221,4905

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