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Meltham House Prices Meltham House Prices

The average house price in Meltham is £194,338 using HM Land Registry data.

The average property price increased by £102,801 (53.63%) over the last 5 years and increased by £20,546 (7.5%) over the last 12 months.

Over the last year, there were 93 residential property sales – a decrease of 62 transactions (-66.67%) relative to the previous year. The majority of house sales (19) were in the £140,000 - £192,000 range. Then came properties in the £244,000 - £296,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,806 (-3%).

In April 2024, there were 20 new estate agency instructions, 16 agreed home sales and 11 property price reductions.

Postcodes Covered: HD9

5-Year Average Property Prices in Meltham

53.63%

Property prices in Meltham increased by 53.63% 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 Meltham Over the Last Year

7.5%

Property prices in Meltham increased by 7.5% 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 Meltham - 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 Meltham

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 Meltham

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 Meltham

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 Meltham since 1995

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

Recent Property Sales in Meltham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Nab Crescent, Meltham, Holmfirth, West Yorkshire, HD9 5LT£165,000£158,000-£7,00005 Dec 202329 Feb 202486 Days
3 Upper Sunny Bank Mews, Meltham, Holmfirth, West Yorkshire, HD9 5AA£150,000£135,000-£15,00027 Feb 202311 Jan 2024318 Days
8 Conway Crescent, Meltham, Holmfirth, West Yorkshire, HD9 4HS£230,000£225,000-£5,00027 Jun 202301 Dec 2023157 Days
27 Lower Hey, Meltham, Holmfirth, West Yorkshire, HD9 5PQ£139,950£133,500-£6,45012 Apr 202313 Nov 2023215 Days
107 Mill Moor Road, Meltham, Holmfirth, West Yorkshire, HD9 5LW£200,000£195,000-£5,00006 Jul 202303 Nov 2023120 Days
122 Slaithwaite Road, Meltham, Holmfirth, West Yorkshire, HD9 5PW£300,000£285,000-£15,00016 Jun 202331 Oct 2023137 Days
26 Bracewell Road, Meltham, Holmfirth, West Yorkshire, HD9 5JR£290,000£286,000-£4,00012 Jul 202331 Oct 2023111 Days
25 Grasmere Road, Meltham, Holmfirth, West Yorkshire, HD9 4HF£250,000£249,000-£1,00031 Jul 202331 Oct 202392 Days
9 Clifton Lane, Meltham, Holmfirth, West Yorkshire, HD9 4AQ£500,000£500,000£0021 Mar 202325 Oct 2023218 Days
21 Coniston Road, Meltham, Holmfirth, West Yorkshire, HD9 4HE£240,000£225,000-£15,00019 May 202313 Oct 2023147 Days
12 Fern Avenue, Meltham, Holmfirth, West Yorkshire, HD9 5PX£275,000£275,000£0014 Jul 202312 Oct 202390 Days
6 Hall Close, Meltham, Holmfirth, West Yorkshire, HD9 4EL£400,000£400,000£0026 May 202312 Oct 2023139 Days
37 Clarke Lane, Meltham, Holmfirth, West Yorkshire, HD9 4ND£190,000£185,000-£5,00011 Apr 202309 Oct 2023181 Days
88 Pavilion Way, Meltham, Holmfirth, West Yorkshire, HD9 5QW£285,000£285,000£0003 Apr 202302 Oct 2023182 Days
21 Upper Sunny Bank Mews, Meltham, Holmfirth, West Yorkshire, HD9 5AA£170,000£170,000£0018 Apr 202329 Sep 2023164 Days
8 Manor Houses, Meltham, Holmfirth, West Yorkshire, HD9 4AU£140,000£136,500-£3,50020 Jun 202322 Sep 202394 Days
7 Cleveland Avenue, Meltham, Holmfirth, West Yorkshire, HD9 4DN£290,000£282,000-£8,00005 May 202322 Sep 2023140 Days
81 Sunny Heys, Meltham, Holmfirth, West Yorkshire, HD9 5PB£200,000£192,500-£7,50024 May 202315 Sep 2023114 Days
10 Hall Close, Meltham, Holmfirth, West Yorkshire, HD9 4EL£360,000£360,000£0026 May 202314 Sep 2023111 Days
55 Colders Lane, Meltham, Holmfirth, West Yorkshire, HD9 5JL£459,950£450,000-£9,95005 Jun 202312 Sep 202399 Days

Most Expensive Streets in Meltham

PostcodeStreetAreaAverageNo. of Sales
HD9 5LJRed LaneMeltham£439,1663
HD9 4BWBishops WayMeltham£405,7836
HD9 4ELHall CloseMeltham£400,8758
HD9 5PWSlaithwaite RoadMeltham£388,30010
HD9 4JEVicarage DriveMeltham£362,6663
HD9 5QGThe CobblesMeltham£356,6663
HD9 4FEWoodland WalkMeltham£348,84613
HD9 4BTDarnley CloseMeltham£344,0003
HD9 5ATMeltham GrangeMeltham£339,58312
HD9 5PGSlaithwaite RoadMeltham£326,5004

Least Expensive Streets in Meltham

PostcodeStreetAreaAverageNo. of Sales
HD9 4JADurker Roods HotelBishops Way£73,2833
HD9 5NXStation StreetMeltham£81,2504
HD9 4NPCarlile StreetMeltham£93,5647
HD9 4AZUpper MountMeltham£111,9166
HD9 5PQLower HeyMeltham£114,5836
HD9 4AFHuddersfield RoadMeltham£116,3336
HD9 5NLVictoria RoadMeltham£117,6427
HD9 5NSColders LaneMeltham£122,8333
HD9 5PDSunny HeysMeltham£129,6878
HD9 5RFHighfield AvenueMeltham£132,5004

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