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Rawmarsh House Prices Rawmarsh House Prices

The average house price in Rawmarsh is £116,000 using HM Land Registry data.

The average property price increased by £41,845 (36.34%) over the last 5 years and increased by £8,363 (5.63%) over the last 12 months.

Over the last year, there were 159 residential property sales – a decrease of 43 transactions (-27.04%) relative to the previous year. The majority of house sales (44) were in the £114,000 - £148,000 range. Then came properties in the £80,000 - £114,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,396 (-2%).

In April 2024, there were 29 new estate agency instructions, 18 agreed home sales and 8 property price reductions.

Neighbouring Areas: Rotherham

Postcodes Covered: S60, S61, S62

5-Year Average Property Prices in Rawmarsh

36.34%

Property prices in Rawmarsh increased by 36.34% 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 Rawmarsh Over the Last Year

5.63%

Property prices in Rawmarsh increased by 5.63% 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 Rawmarsh - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Rawmarsh

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 Rawmarsh

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 Rawmarsh

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 Rawmarsh since 1995

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

Recent Property Sales in Rawmarsh

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
37 Northfield Avenue, Rawmarsh, Rotherham, South Yorkshire, S62 7JZ£180,000£180,000£0013 Sep 202329 Feb 2024169 Days
8 Galway Close, Rawmarsh, Rotherham, South Yorkshire, S62 5QT£190,000£177,000-£13,00011 Jan 202329 Feb 2024414 Days
6 Coronation Road, Rawmarsh, Rotherham, South Yorkshire, S62 5LL£120,000£120,000£0011 Sep 202326 Feb 2024168 Days
7 Terrace Road, Parkgate, Rotherham, South Yorkshire, S62 6HZ£60,000£57,000-£3,00018 Aug 202316 Feb 2024182 Days
41 Alderson Avenue, Rawmarsh, Rotherham, South Yorkshire, S62 7DE£200,000£200,000£0021 Oct 202312 Feb 2024114 Days
5 Derwent Drive, Rawmarsh, Rotherham, South Yorkshire, S62 6FE£280,000£270,000-£10,00011 Oct 202326 Jan 2024107 Days
11 Kilnhurst Road, Rawmarsh, Rotherham, South Yorkshire, S62 5QQ£130,000£116,000-£14,00031 May 202314 Dec 2023197 Days
16a, Wheatcroft Road, Rawmarsh, Rotherham, South Yorkshire, S62 5EE£135,000£135,000£0003 Jul 202324 Nov 2023144 Days
73 Haugh Road, Rawmarsh, Rotherham, South Yorkshire, S62 7AJ£290,000£290,000£0023 Jun 202324 Nov 2023154 Days
31 Hawke Close, Rawmarsh, Rotherham, South Yorkshire, S62 7NL£130,000£112,500-£17,50019 Jan 202317 Nov 2023302 Days
8 Lengdale Court, Rawmarsh, Rotherham, South Yorkshire, S62 5AZ£160,000£157,000-£3,00027 Jul 202316 Nov 2023112 Days
80 Middle Avenue, Rawmarsh, Rotherham, South Yorkshire, S62 7BP£130,000£130,000£0008 Jun 202315 Nov 2023160 Days
39 Limetree Crescent, Rawmarsh, Rotherham, South Yorkshire, S62 5LD£105,000£105,000£0013 Jul 202310 Nov 2023120 Days
90 Haugh Road, Rawmarsh, Rotherham, South Yorkshire, S62 7DT£270,000£255,000-£15,00004 Sep 202309 Nov 202366 Days
170 Claypit Lane, Rawmarsh, Rotherham, South Yorkshire, S62 5JJ£120,000£120,000£0019 Apr 202306 Nov 2023201 Days
6 Stewarts Road, Rawmarsh, Rotherham, South Yorkshire, S62 5EU£115,000£100,000-£15,00029 Apr 202327 Oct 2023181 Days
11 New Meadows, Rawmarsh, Rotherham, South Yorkshire, S62 7FD£320,000£320,000£0018 Jul 202319 Oct 202393 Days
17 Haugh Green, Rawmarsh, Rotherham, South Yorkshire, S62 7FB£315,000£290,000-£25,00003 Mar 202310 Oct 2023221 Days
5 Scovell Avenue, Rawmarsh, Rotherham, South Yorkshire, S62 7DY£130,000£127,500-£2,50006 Apr 202306 Oct 2023183 Days
6 Willow Avenue, Rawmarsh, Rotherham, South Yorkshire, S62 5RW£150,000£145,000-£5,00008 Apr 202204 Oct 2023544 Days

Most Expensive Streets in Rawmarsh

PostcodeStreetAreaAverageNo. of Sales
S62 6LQChurch CroftRawmarsh£311,6663
S62 7FDNew MeadowsRawmarsh£291,5836
S62 7FBHaugh GreenRawmarsh£287,29510
S62 7FENew MeadowsRawmarsh£271,6787
S62 7AJHaugh RoadRawmarsh£269,1663
S62 6FEDerwent DriveRawmarsh£261,6663
S62 7ADGower WayRotherham£248,54112
S62 7FATrueman DriveRawmarsh£244,68111
S62 7DQStubbin CloseRawmarsh£230,1666
S62 6HAWestfield RoadParkgate£225,6663

Least Expensive Streets in Rawmarsh

PostcodeStreetAreaAverageNo. of Sales
S62 6AGGoosebutt StreetParkgate£50,7504
S62 6ANGoosebutt StreetParkgate£62,7504
S62 5JPWheatcroft RoadRawmarsh£69,3163
S62 6GAProvidence PlaceRawmarsh£70,9005
S62 6AFSpalton RoadParkgate£72,08312
S62 5JNEvelyn StreetRawmarsh£72,5836
S62 5LNLansbury PlaceRawmarsh£74,2504
S62 7HYLister AvenueRawmarsh£77,0003
S62 5QGLane Head CloseRawmarsh£78,8754
S62 5AQPeashill StreetRawmarsh£81,2916

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