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Market Warsop House Prices Market Warsop House Prices

The average house price in Market Warsop is £172,750 using HM Land Registry data.

The average property price increased by £60,971 (48.32%) over the last 5 years and increased by £12,186 (6.96%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 40 transactions (-71.43%) relative to the previous year. The majority of house sales (17) were in the £118,000 - £156,000 range. Then came properties in the £156,000 - £194,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,143 (-2%).

In April 2024, there were 22 new estate agency instructions, 11 agreed home sales and 15 property price reductions.

Postcodes Covered: NG20

5-Year Average Property Prices in Market Warsop

48.32%

Property prices in Market Warsop increased by 48.32% 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 Market Warsop Over the Last Year

6.96%

Property prices in Market Warsop increased by 6.96% 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 Market Warsop - 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 Market Warsop

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 Market Warsop

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 Market Warsop

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 Market Warsop since 1995

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

Recent Property Sales in Market Warsop

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 Fell Wilson Street, Warsop, Mansfield, Nottinghamshire, NG20 0PT£150,000£150,000£0024 Oct 202314 Feb 2024113 Days
29 Greendale Close, Warsop, Mansfield, Nottinghamshire, NG20 0EB£189,000£182,000-£7,00025 Jul 202312 Feb 2024202 Days
131 Robin Hood Avenue, Warsop, Mansfield, Nottinghamshire, NG20 0JB£200,000£195,000-£5,00028 Sep 202309 Feb 2024134 Days
30 Hamilton Drive, Warsop, Mansfield, Nottinghamshire, NG20 0EX£140,000£130,000-£10,00018 Jul 202330 Nov 2023135 Days
29 Manvers Street, Warsop, Mansfield, Nottinghamshire, NG20 0NN£140,000£140,000£0020 Jul 202317 Nov 2023120 Days
21 Day Street, Warsop, Mansfield, Nottinghamshire, NG20 0NG£100,000£90,000-£10,00003 Aug 202325 Oct 202383 Days
77 Mount Crescent, Warsop, Mansfield, Nottinghamshire, NG20 0HF£140,000£140,000£0022 Jun 202306 Oct 2023106 Days
1 Cumberland Avenue, Warsop, Mansfield, Nottinghamshire, NG20 0JJ£250,000£245,000-£5,00016 May 202322 Sep 2023129 Days
101 Mansfield Road, Warsop, Mansfield, Nottinghamshire, NG20 0DB£290,000£285,000-£5,00026 Feb 202314 Sep 2023200 Days
119 Mansfield Road, Warsop, Mansfield, Nottinghamshire, NG20 0DE£275,000£267,000-£8,00014 Feb 202301 Sep 2023199 Days
9 Derwent Close, Warsop, Mansfield, Nottinghamshire, NG20 0QX£280,000£280,000£0004 May 202331 Aug 2023119 Days
21 Watson Street, Warsop, Mansfield, Nottinghamshire, NG20 0NB£90,000£70,000-£20,00017 Mar 202314 Jul 2023119 Days
182 Mansfield Road, Warsop, Mansfield, Nottinghamshire, NG20 0DG£170,000£167,500-£2,50011 Apr 202307 Jul 202387 Days
15 Welbeck Street, Warsop, Mansfield, Nottinghamshire, NG20 0NA£96,000£93,000-£3,00006 Mar 202305 Jul 2023121 Days
27 Burns Lane, Warsop, Mansfield, Nottinghamshire, NG20 0PF£100,000£98,000-£2,00009 Feb 202323 Jun 2023134 Days
121 Sherwood Street, Warsop, Mansfield, Nottinghamshire, NG20 0JU£185,000£172,500-£12,50006 Oct 202209 Jun 2023246 Days
4 Ridgeway Lane, Warsop, Mansfield, Nottinghamshire, NG20 0NP£125,000£125,000£0016 Nov 202209 Jun 2023205 Days
7a, Oakfield Avenue, Warsop, Mansfield, Nottinghamshire, NG20 0LQ£165,000£135,000-£30,00025 May 201625 May 20232556 Days
10 Nethercross Drive, Warsop, Mansfield, Nottinghamshire, NG20 0QR£300,000£290,000-£10,00020 Dec 202215 May 2023146 Days
43 Appleton Street, Warsop, Mansfield, Nottinghamshire, NG20 0QE£138,000£135,000-£3,00011 Oct 202212 May 2023213 Days

Most Expensive Streets in Market Warsop

PostcodeStreetAreaAverageNo. of Sales
NG20 0HGSherwood StreetWarsop£253,8889
NG20 0QZSouthgate RoadWarsop£253,0007
NG20 0BJYork TerraceWarsop£240,0003
NG20 0JJCumberland AvenueWarsop£233,1254
NG20 0DEMansfield RoadWarsop£222,0003
NG20 0PPMeden AvenueWarsop£218,4005
NG20 0PLBirkland AvenueWarsop£215,0836
NG20 0FHWaterfield AvenueWarsop£207,9874
NG20 0FLReef CloseWarsop£205,3128
NG20 0BQKing RoadWarsop£204,8005

Least Expensive Streets in Market Warsop

PostcodeStreetAreaAverageNo. of Sales
NG20 0NJVickers StreetWarsop£59,3754
NG20 0NDBainbridge RoadWarsop£67,3333
NG20 0NHFenwick StreetWarsop£73,0003
NG20 0NQLongden TerraceWarsop£74,5747
NG20 0PDCoopers YardWarsop£74,8754
NG20 0NAWelbeck StreetWarsop£77,0006
NG20 0JWSherwood StreetWarsop£81,5003
NG20 0LPClumber CourtWarsop£88,0003
NG20 0NFNewcastle StreetWarsop£92,0005
NG20 0PFBurns LaneWarsop£92,0003

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