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Retford House Prices Retford House Prices

The average house price in Retford is £133,495 using HM Land Registry data.

The average property price increased by £26,371 (13.91%) over the last 5 years and increased by £5,271 (2.5%) over the last 12 months.

Over the last year, there were 279 residential property sales – a decrease of 195 transactions (-69.89%) relative to the previous year. The majority of house sales (69) were in the £136,000 - £182,000 range. Then came properties in the £182,000 - £228,000 range, where 56 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,301 (-2%).

In April 2024, there were 61 new estate agency instructions, 53 agreed home sales and 35 property price reductions.

Postcodes Covered: DN22

5-Year Average Property Prices in Retford

13.91%

Property prices in Retford increased by 13.91% 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

2.5%

Property prices in Retford increased by 2.5% 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 Retford - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 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
40 Hind Street, Retford, Nottinghamshire, DN22 7EN£100,000£85,000-£15,00015 Aug 202301 Mar 2024199 Days
14 Wharton Street, Retford, Nottinghamshire, DN22 7EH£110,000£107,000-£3,00016 Jan 202401 Mar 202445 Days
110 High Street, Retford, Nottinghamshire, DN22 7TY£130,000£130,000£0006 Sep 202328 Feb 2024175 Days
10 Spa Common, Retford, Nottinghamshire, DN22 6LQ£250,000£240,000-£10,00023 Sep 202323 Feb 2024153 Days
6 Heathfield Gardens, Retford, Nottinghamshire, DN22 7LG£300,000£300,000£0017 Jul 202322 Feb 2024220 Days
31 Humber Street, Retford, Nottinghamshire, DN22 6LZ£150,000£145,000-£5,00014 Sep 202316 Feb 2024155 Days
96 London Road, Retford, Nottinghamshire, DN22 7DX£470,000£460,000-£10,00013 May 202309 Feb 2024272 Days
7 Leafield, Retford, Nottinghamshire, DN22 7LU£155,000£148,000-£7,00031 Aug 202308 Feb 2024161 Days
6 Water Lane, Retford, Nottinghamshire, DN22 6SZ£125,000£117,500-£7,50031 Jul 202329 Jan 2024182 Days
59 Strawberry Road, Retford, Nottinghamshire, DN22 7EP£140,000£135,000-£5,00025 Oct 202310 Jan 202477 Days
9 North Road, Retford, Nottinghamshire, DN22 7XF£190,000£180,000-£10,00031 Aug 202319 Dec 2023110 Days
94 Bigsby Road, Retford, Nottinghamshire, DN22 6SE£140,000£80,000-£60,00017 Dec 201618 Dec 20232557 Days
8 Fairway, Retford, Nottinghamshire, DN22 7SQ£185,000£185,000£0008 Jun 202304 Dec 2023179 Days
2 Milnercroft, Retford, Nottinghamshire, DN22 7NA£185,000£177,700-£7,30030 Mar 202301 Dec 2023246 Days
32 Heathfield Gardens, Retford, Nottinghamshire, DN22 7LG£290,000£282,500-£7,50017 Jul 202328 Nov 2023134 Days
5 Tiln Court, Retford, Nottinghamshire, DN22 6TD£300,000£295,000-£5,00018 Jul 202328 Nov 2023133 Days
30 Humber Street, Retford, Nottinghamshire, DN22 6LZ£120,000£120,000£0029 Sep 202328 Nov 202360 Days
19 Welham Grove, Retford, Nottinghamshire, DN22 6TZ£250,000£230,000-£20,00014 Aug 202328 Nov 2023106 Days
7 Fairway, Retford, Nottinghamshire, DN22 7SQ£130,000£130,000£0028 Jul 202225 Nov 2023485 Days
26 Pennington Walk, Retford, Nottinghamshire, DN22 6LR£170,000£163,000-£7,00031 Jul 202324 Nov 2023116 Days

Most Expensive Streets in Retford

PostcodeStreetAreaAverageNo. of Sales
DN22 7JHSpruce DriveRetford£606,6663
DN22 7TJOllerton RoadOrdsall£590,0003
DN22 7YZIdle Valley RoadRetford£566,0717
DN22 7PNOrdsall RoadRetford£470,0006
DN22 7JGLondon RoadRetford£454,1663
DN22 7ZJRosewood CourtRetford£410,8639
DN22 7NSSouthgateRetford£392,0836
DN22 6YAThe ShetlandsRetford£388,7504
DN22 7EUBracken LaneRetford£388,7504
DN22 6SUBolham LaneRetford£377,3754

Least Expensive Streets in Retford

PostcodeStreetAreaAverageNo. of Sales
DN22 6HXWhitehall RoadRetford£82,6663
DN22 6BHBridgegate PlaceRetford£82,6663
DN22 6RNMoorgateRetford£83,8754
DN22 6JEBeehive StreetRetford£88,0004
DN22 6FEMill Bridge CloseRetford£90,71522
DN22 6HSThrumpton LaneRetford£95,0003
DN22 6QYArmstrong RoadRetford£95,1254
DN22 6SZWater LaneRetford£96,4003
DN22 6ETSavile StreetRetford£97,6005
DN22 6BJCarolgate CourtRetford£98,8336

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