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Mablethorpe House Prices Mablethorpe House Prices

The average house price in Mablethorpe is £153,985 using HM Land Registry data.

The average property price increased by £76,154 (59.76%) over the last 5 years and increased by £15,220 (8.08%) over the last 12 months.

Over the last year, there were 105 residential property sales – a decrease of 74 transactions (-70.48%) relative to the previous year. The majority of house sales (32) were in the £160,000 - £190,000 range. Then came properties in the £190,000 - £220,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 155 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,548 (-3%).

In April 2024, there were 21 new estate agency instructions, 11 agreed home sales and 29 property price reductions.

Neighbouring Areas: Sutton on Sea and Trusthorpe

Postcodes Covered: LN12

5-Year Average Property Prices in Mablethorpe

59.76%

Property prices in Mablethorpe increased by 59.76% 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 Mablethorpe Over the Last Year

8.08%

Property prices in Mablethorpe increased by 8.08% 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 Mablethorpe - 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 Mablethorpe

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 Mablethorpe

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 Mablethorpe

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 Mablethorpe since 1995

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

Recent Property Sales in Mablethorpe

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
27 Jacklin Crescent, Mablethorpe, Lincolnshire, LN12 1JH£185,000£179,000-£6,00027 Nov 202315 Mar 2024109 Days
20 Brooke Drive, Mablethorpe, Lincolnshire, LN12 2DA£200,000£185,000-£15,00029 May 202329 Feb 2024276 Days
12 Dymoke Road, Mablethorpe, Lincolnshire, LN12 2BF£240,000£240,000£0001 Aug 202328 Feb 2024211 Days
18 The Green, Mablethorpe, Lincolnshire, LN12 1JS£189,950£184,000-£5,95009 Oct 202316 Feb 2024130 Days
4 Maxwell Drive, Mablethorpe, Lincolnshire, LN12 1BS£190,000£189,000-£1,00014 Aug 202313 Feb 2024183 Days
9 Eagle Close, Mablethorpe, Lincolnshire, LN12 1JJ£175,950£170,000-£5,95024 Oct 202309 Feb 2024108 Days
Oakfield, Golf Road, Mablethorpe, Lincolnshire, LN12 1LP£194,950£187,500-£7,45028 Jul 202307 Feb 2024194 Days
34 Hawthorn Drive, Mablethorpe, Lincolnshire, LN12 1FR£190,000£190,000£0023 Jul 202307 Feb 2024199 Days
Seabreeze, Grift Bank, Mablethorpe, Lincolnshire, LN12 2PB£165,000£140,000-£25,00011 Oct 202317 Jan 202498 Days
88 George Street, Mablethorpe, Lincolnshire, LN12 2BJ£194,950£190,000-£4,95016 Jun 202315 Dec 2023182 Days
2 Marian Avenue, Mablethorpe, Lincolnshire, LN12 2DZ£155,000£148,000-£7,00005 Oct 202315 Dec 202371 Days
28 Fitzwilliam Street, Mablethorpe, Lincolnshire, LN12 1AA£160,000£155,000-£5,00002 Aug 202311 Dec 2023131 Days
5 Maxwell Drive, Mablethorpe, Lincolnshire, LN12 1BS£180,000£175,000-£5,00007 Jul 202307 Dec 2023153 Days
Apartment 5, Maple Court, Stanley Avenue, Mablethorpe, Lincolnshire, LN12 1DR£99,950£97,000-£2,95018 Oct 202230 Nov 2023408 Days
1 Kensington Gardens, Mablethorpe, Lincolnshire, LN12 1BU£185,000£180,000-£5,00004 Jul 202328 Nov 2023147 Days
Lynwood, Grift Bank, Mablethorpe, Lincolnshire, LN12 2PB£189,950£172,500-£17,45018 Aug 202320 Nov 202394 Days
15 Winchester Drive, Mablethorpe, Lincolnshire, LN12 2AY£285,000£265,000-£20,00023 Mar 202307 Nov 2023229 Days
6 Dymoke Close, Mablethorpe, Lincolnshire, LN12 2BQ£280,000£255,000-£25,00023 Sep 202206 Nov 2023409 Days
1 Maxwell Drive, Mablethorpe, Lincolnshire, LN12 1BS£179,950£175,000-£4,95030 Jun 202303 Nov 2023126 Days
9 Grosvenor Road, Mablethorpe, Lincolnshire, LN12 1EL£239,950£235,000-£4,95002 May 202331 Oct 2023182 Days

Most Expensive Streets in Mablethorpe

PostcodeStreetAreaAverageNo. of Sales
LN12 2ADThe BoulevardMablethorpe£246,2505
LN12 1PXAlford RoadMablethorpe£246,0003
LN12 2ALVictoria RoadMablethorpe£229,8577
LN12 1FADales AvenueMablethorpe£216,82718
LN12 2AYWinchester DriveMablethorpe£215,03013
LN12 2BFDymoke RoadMablethorpe£213,8577
LN12 2NUChurch LaneMablethorpe£209,33919
LN12 2YBAqua DriveMablethorpe£202,18521
LN12 2DSFoxe EndMablethorpe£200,0003
LN12 2EJChampion WayMablethorpe£199,9754

Least Expensive Streets in Mablethorpe

PostcodeStreetAreaAverageNo. of Sales
LN12 1QNMablethorpe Caravan & Chalet ParkLinks Avenue£33,8093
LN12 2EHBerkeley CourtSeacroft Road£71,6663
LN12 1DRMaple CourtStanley Avenue£79,5006
LN12 1LTQuebec RoadMablethorpe£88,8333
LN12 2APBarton CourtMablethorpe£95,35010
LN12 1RNAlexandra CourtAlexandra Road£99,7504
LN12 2AJVictoria RoadMablethorpe£103,5006
LN12 1JPWaterloo RoadMablethorpe£112,2508
LN12 1LGRegent RoadMablethorpe£114,1506
LN12 1QPChalfont AvenueMablethorpe£114,4954

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