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Retford House Prices Retford House Prices

The average house price in Retford is £207,318 using HM Land Registry data.

The average property price increased by £28,931 (15.14%) over the last 5 years and increased by £5,783 (2.7%) over the last 12 months.

Over the last year, there were 326 residential property sales – a decrease of 143 transactions (-43.87%) relative to the previous year. The majority of house sales (83) were in the £140,000 - £190,000 range. Then came properties in the £90,000 - £140,000 range, where 60 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 88 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,301 (-2%).

In Oct 24, there were 50 new estate agency instructions, 45 agreed home sales and 39 property price reductions.

Postcodes Covered: DN22

5-Year Average Property Prices in Retford

15.14%

Property prices in Retford increased by 15.14% 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 Retford Over the Last Year

2.7%

Property prices in Retford increased by 2.7% 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 Retford - Oct 24

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 Retford

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 Retford

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 Retford

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 Retford since 1995

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

Recent Property Sales in Retford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
44 Darrel Road, Retford, Nottinghamshire, DN22 7DH£115,000£110,000-£5,00013 May 202405 Aug 202484 Days
22 Rose Avenue, Retford, Nottinghamshire, DN22 7HR£250,000£247,500-£2,50020 Mar 202424 Jul 2024126 Days
40 Redforde Park Drive, Retford, Nottinghamshire, DN22 7GF£190,000£184,000-£6,00016 Feb 202419 Jul 2024154 Days
45 Mill Bridge Close, Retford, Nottinghamshire, DN22 6FE£95,000£90,000-£5,00003 Oct 202218 Jul 2024654 Days
3 Devonshire Road, Retford, Nottinghamshire, DN22 7NU£240,000£225,000-£15,00014 Dec 202312 Jul 2024211 Days
16 Rutland Road, Retford, Nottinghamshire, DN22 7HF£375,000£365,000-£10,00012 Jul 202311 Jul 2024365 Days
111 North Road, Retford, Nottinghamshire, DN22 7YW£230,000£227,500-£2,50019 Apr 202403 Jul 202475 Days
20 Greenway, Retford, Nottinghamshire, DN22 7RX£175,000£168,000-£7,00027 Dec 202328 Jun 2024184 Days
48 Jubilee Road, Retford, Nottinghamshire, DN22 7PG£160,000£145,000-£15,00018 Mar 202428 Jun 2024102 Days
18 Sandringham Road, Retford, Nottinghamshire, DN22 7QW£190,000£185,000-£5,00018 Jan 202428 Jun 2024162 Days
104a, Moorgate, Retford, Nottinghamshire, DN22 6RS£90,000£82,000-£8,00015 Oct 201827 Jun 20242082 Days
1 Bovington Court, Retford, Nottinghamshire, DN22 7FP£190,000£180,000-£10,00007 Feb 202426 Jun 2024140 Days
8 The Glebe, Retford, Nottinghamshire, DN22 7LD£130,000£130,000£0025 Jan 202426 Jun 2024153 Days
18 Elm Walk, Retford, Nottinghamshire, DN22 7DY£280,000£280,000£0030 Jan 202414 Jun 2024136 Days
17 Glen Eagles Way, Retford, Nottinghamshire, DN22 7DP£185,000£180,000-£5,00001 Sep 202312 Jun 2024285 Days
46 Galway Crescent, Retford, Nottinghamshire, DN22 7XT£190,000£185,000-£5,00027 Oct 202312 Jun 2024229 Days
5 Storcroft Road, Retford, Nottinghamshire, DN22 7EG£200,000£190,000-£10,00008 Jan 202407 Jun 2024151 Days
27 Northumbria Drive, Retford, Nottinghamshire, DN22 7PR£230,000£220,000-£10,00029 Jan 202431 May 2024123 Days
22 Whinney Moor Lane, Retford, Nottinghamshire, DN22 7AA£250,000£250,000£0019 Feb 202430 May 2024101 Days
30 Redforde Park Avenue, Retford, Nottinghamshire, DN22 7GQ£170,000£158,000-£12,00017 Nov 202324 May 2024189 Days

Most Expensive Streets in Retford

PostcodeStreetAreaAverageNo. of Sales
DN22 7TJOllerton RoadOrdsall£590,0003
DN22 7YZIdle Valley RoadRetford£566,0717
DN22 7PNOrdsall RoadRetford£470,0006
DN22 7JGLondon RoadRetford£454,1663
DN22 7NSSouthgateRetford£412,5005
DN22 7ZJRosewood CourtRetford£410,8639
DN22 6YAThe ShetlandsRetford£388,7504
DN22 6SUBolham LaneRetford£377,3754
DN22 7PEOrdsall Park CloseRetford£373,3333
DN22 7ZWBacopa DriveRetford£364,94046

Least Expensive Streets in Retford

PostcodeStreetAreaAverageNo. of Sales
DN22 6HXWhitehall RoadRetford£83,6663
DN22 6RNMoorgateRetford£83,8754
DN22 6JEBeehive StreetRetford£88,0004
DN22 6FEMill Bridge CloseRetford£91,30622
DN22 6HSThrumpton LaneRetford£95,0003
DN22 6QYArmstrong RoadRetford£95,1254
DN22 6SZWater LaneRetford£96,4003
DN22 6ETSavile StreetRetford£97,6005
DN22 6BJCarolgate CourtRetford£99,0007
DN22 6RGWellesley CourtRetford£99,8805

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