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Runwell House Prices Runwell House Prices

The average house price in Runwell is £555,000 using HM Land Registry data.

The average property price increased by £22,113 (5.39%) over the last 5 years and increased by £4,419 (1.03%) over the last 12 months.

Over the last year, there were 111 residential property sales – a decrease of 78 transactions (-70.27%) relative to the previous year. The majority of house sales (23) were in the £302,000 - £374,000 range. Then came properties in the £374,000 - £446,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 93 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,388 (-3%).

In April 2024, there were 24 new estate agency instructions, 24 agreed home sales and 12 property price reductions.

Neighbouring Areas: Wickford

Postcodes Covered: SS11

5-Year Average Property Prices in Runwell

5.39%

Property prices in Runwell increased by 5.39% 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 Runwell Over the Last Year

1.03%

Property prices in Runwell increased by 1.03% 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 Runwell - 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 Runwell

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 Runwell

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 Runwell

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 Runwell since 1995

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

Recent Property Sales in Runwell

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
66 Brock Hill, Runwell, Wickford, Essex, SS11 7NR£550,000£550,000£0012 Jan 202326 Jan 2024379 Days
Cherry Tree, South Hanningfield Way, Runwell, Wickford, Essex, SS11 7DT£750,000£690,000-£60,00001 Jul 202320 Dec 2023172 Days
25 Jersey Gardens, Wickford, Essex, SS11 7AG£365,000£358,334-£6,66602 Jun 202324 Nov 2023175 Days
Flat 14, Homeholly House, Church End Lane, Runwell, Wickford, Essex, SS11 7DS£150,000£145,000-£5,00010 Nov 202317 Nov 20237 Days
16 Hengist Gardens, Wickford, Essex, SS11 7EL£340,000£335,000-£5,00013 Jun 202316 Nov 2023156 Days
5 Church End Avenue, Runwell, Wickford, Essex, SS11 7HZ£475,000£475,000£0023 May 202309 Nov 2023170 Days
31 Canewdon Gardens, Wickford, Essex, SS11 7BJ£360,000£350,000-£10,00029 Mar 202303 Nov 2023219 Days
73 Brock Hill, Runwell, Wickford, Essex, SS11 7NS£450,000£445,000-£5,00026 May 202302 Nov 2023160 Days
64 Brock Hill, Runwell, Wickford, Essex, SS11 7NR£450,000£447,500-£2,50015 May 202302 Nov 2023171 Days
33 Edward Gardens, Wickford, Essex, SS11 7EH£300,000£300,000£0030 May 202328 Sep 2023121 Days
Flat 35, Homeholly House, Church End Lane, Runwell, Wickford, Essex, SS11 7DS£120,000£115,000-£5,00016 Sep 202225 Sep 2023374 Days
1 Ethelred Gardens, Wickford, Essex, SS11 7EX£425,000£412,000-£13,00011 Apr 202324 Aug 2023135 Days
93 Station Avenue, Wickford, Essex, SS11 7AY£800,000£775,000-£25,00019 Jan 202321 Jul 2023183 Days
57 Brock Hill, Runwell, Wickford, Essex, SS11 7NP£625,000£600,000-£25,00006 Feb 202317 Jul 2023161 Days
110 Church End Lane, Runwell, Wickford, Essex, SS11 7DP£325,000£305,000-£20,00010 Mar 202307 Jul 2023119 Days
19 Alfred Gardens, Wickford, Essex, SS11 7EJ£700,000£690,000-£10,00015 Feb 202306 Jul 2023141 Days
20 The Hastings, Wickford, Essex, SS11 7EQ£425,000£415,000-£10,00024 Feb 202330 Jun 2023126 Days
3 Jubilee Drive, Wickford, Essex, SS11 7AR£475,000£455,000-£20,00012 May 202329 Jun 202348 Days
13 Locarno Avenue, Runwell, Wickford, Essex, SS11 7HX£450,000£450,000£0001 Mar 202327 Jun 2023118 Days
56 Guernsey Gardens, Wickford, Essex, SS11 7BB£475,000£460,000-£15,00031 Jan 202320 Jun 2023140 Days

Most Expensive Streets in Runwell

PostcodeStreetAreaAverageNo. of Sales
SS11 7NUThe GreenwayRunwell£680,6663
SS11 7HDPitfield ShawRunwell£676,2504
SS11 7EEAthelstan GardensWickford£673,0007
SS11 7LQEvans DriveRunwell£634,25623
SS11 7FYGorse Wood ViewRunwell£626,6663
SS11 7NPBrock HillRunwell£608,3333
SS11 7NEStation RoadWickford£596,3005
SS11 7DJSwan LaneWickford£595,8333
SS11 7BWEgbert GardensWickford£593,5003
SS11 7HRRunwell RoadWickford£588,3333

Least Expensive Streets in Runwell

PostcodeStreetAreaAverageNo. of Sales
SS11 7DSHomeholly HouseChurch End Lane£116,60714
SS11 7BYSaffron CourtSaffron Drive£187,3754
SS11 7GUBroadway HouseStation Avenue£204,8578
SS11 7LAHaslemere RoadWickford£208,0004
SS11 8AWRiverside CourtLower Southend Road£212,5006
SS11 7JYArundel RoadWickford£229,0003
SS11 8GDRiverside PlaceWickford£229,02729
SS11 8BDSycamore CourtStilemans£237,53116
SS11 7DBSwan LaneWickford£269,1666
SS11 7JTAlderney GardensWickford£270,05010

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