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Pinchbeck House Prices Pinchbeck House Prices

The average house price in Pinchbeck is £250,500 using HM Land Registry data.

The average property price increased by £113,074 (61.83%) over the last 5 years and increased by £22,599 (8.27%) over the last 12 months.

Over the last year, there were 49 residential property sales – a decrease of 44 transactions (-89.80%) relative to the previous year. The majority of house sales (14) were in the £238,000 - £292,000 range. Then came properties in the £184,000 - £238,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 110 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,771 (-3%).

In April 2024, there were 14 new estate agency instructions, 8 agreed home sales and 11 property price reductions.

Neighbouring Areas: Spalding

Postcodes Covered: PE11

5-Year Average Property Prices in Pinchbeck

61.83%

Property prices in Pinchbeck increased by 61.83% 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 Pinchbeck Over the Last Year

8.27%

Property prices in Pinchbeck increased by 8.27% 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 Pinchbeck - 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 Pinchbeck

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 Pinchbeck

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 Pinchbeck

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 Pinchbeck since 1995

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

Recent Property Sales in Pinchbeck

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
52 Rotten Row, Pinchbeck, Spalding, Lincolnshire, PE11 3RH£230,000£220,000-£10,00023 Oct 202326 Jan 202495 Days
41 Brayfields, Pinchbeck, Spalding, Lincolnshire, PE11 3YT£135,000£133,000-£2,00016 Feb 202208 Dec 2023660 Days
19 Harpe Close, Pinchbeck, Spalding, Lincolnshire, PE11 3RX£200,000£191,000-£9,00003 Aug 202307 Nov 202396 Days
111 Church Street, Pinchbeck, Spalding, Lincolnshire, PE11 3YA£400,000£385,000-£15,00016 Feb 202303 Nov 2023260 Days
28 Penway Drive, Pinchbeck, Spalding, Lincolnshire, PE11 3PJ£399,995£390,000-£9,99515 May 202329 Sep 2023137 Days
3 Westfield Drive, Pinchbeck, Spalding, Lincolnshire, PE11 3TW£234,000£228,000-£6,00006 Jul 202322 Sep 202378 Days
20 Pennyfield, Pinchbeck, Spalding, Lincolnshire, PE11 3RG£200,000£195,000-£5,00026 Dec 202220 Sep 2023268 Days
10 Wayet Road, Pinchbeck, Spalding, Lincolnshire, PE11 3RR£199,995£195,000-£4,99519 Jul 202315 Sep 202358 Days
4 Guildhall Drive, Pinchbeck, Spalding, Lincolnshire, PE11 3RE£210,000£195,000-£15,00002 Mar 202301 Sep 2023183 Days
10 Crossgate Crescent, Pinchbeck, Spalding, Lincolnshire, PE11 3XL£300,000£300,000£0012 Jan 202325 Aug 2023225 Days
Grange Farm House, Northgate, Pinchbeck, Spalding, Lincolnshire, PE11 3SE£259,000£240,000-£19,00010 May 202325 Aug 2023107 Days
69 Rotten Row, Pinchbeck, Spalding, Lincolnshire, PE11 3RQ£150,000£148,800-£1,20030 May 202321 Jul 202352 Days
60 Brownlow Crescent, Pinchbeck, Spalding, Lincolnshire, PE11 3XB£160,000£152,500-£7,50007 Mar 202312 Jul 2023127 Days
110 Spalding Road, Pinchbeck, Spalding, Lincolnshire, PE11 3UE£375,000£375,000£0003 May 202330 Jun 202358 Days
13 Independence Drive, Pinchbeck, Spalding, Lincolnshire, PE11 3TR£260,000£245,000-£15,00024 Oct 202226 May 2023214 Days
6 Wimberley Way, Pinchbeck, Spalding, Lincolnshire, PE11 3RY£250,000£242,000-£8,00027 Jan 202319 May 2023112 Days
13 Pennyfield, Pinchbeck, Spalding, Lincolnshire, PE11 3RG£225,000£220,000-£5,00015 Feb 202312 May 202386 Days
32 Independence Drive, Pinchbeck, Spalding, Lincolnshire, PE11 3TR£460,000£450,000-£10,00005 Jan 202327 Apr 2023112 Days
29 St Marys Avenue, Pinchbeck, Spalding, Lincolnshire, PE11 3RW£250,000£248,000-£2,00016 Nov 202221 Apr 2023156 Days
15 Poachers Gate, Pinchbeck, Spalding, Lincolnshire, PE11 3JP£210,000£205,000-£5,00013 Jan 202314 Apr 202391 Days

Most Expensive Streets in Pinchbeck

PostcodeStreetAreaAverageNo. of Sales
PE11 3GRHall GardensPinchbeck£482,20010
PE11 3UTRedmile ClosePinchbeck£420,3333
PE11 3PEMarket WayPinchbeck£392,5004
PE11 3RDChurch WalkPinchbeck£388,8333
PE11 5ABKeston RoadPinchbeck£379,90010
PE11 3UFWardentree LanePinchbeck£354,8754
PE11 3UESpalding RoadPinchbeck£305,96113
PE11 3TRIndependence DrivePinchbeck£288,0509
PE11 3RAKnight StreetPinchbeck£280,8577
PE11 3RBKnight StreetPinchbeck£273,20010

Least Expensive Streets in Pinchbeck

PostcodeStreetAreaAverageNo. of Sales
PE11 3XQFlaxmill LanePinchbeck£84,2504
PE11 3YTBrayfieldsPinchbeck£119,8336
PE11 3XSBacons LanePinchbeck£142,6666
PE11 3ZDWalpole ClosePinchbeck£150,9005
PE11 3REGuildhall DrivePinchbeck£157,5004
PE11 3PSViscount ClosePinchbeck£158,38116
PE11 3UBChurch StreetPinchbeck£161,6663
PE11 3UAChurch StreetPinchbeck£165,7504
PE11 3YWPalgrave WayPinchbeck£170,3567
PE11 3RLOrchard ClosePinchbeck£177,0006

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