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Shirebrook House Prices Shirebrook House Prices

The average house price in Shirebrook is £144,800 using HM Land Registry data.

The average property price increased by £55,455 (48.3%) over the last 5 years and increased by £11,083 (6.96%) over the last 12 months.

Over the last year, there were 92 residential property sales – a decrease of 89 transactions (-96.74%) relative to the previous year. The majority of house sales (22) were in the £120,000 - £140,000 range. Then came properties in the £140,000 - £160,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,143 (-2%).

In April 2024, there were 24 new estate agency instructions, 17 agreed home sales and 13 property price reductions.

Postcodes Covered: NG20

5-Year Average Property Prices in Shirebrook

48.3%

Property prices in Shirebrook increased by 48.3% 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 Shirebrook Over the Last Year

6.96%

Property prices in Shirebrook increased by 6.96% 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 Shirebrook - 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 Shirebrook

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 Shirebrook

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 Shirebrook

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 Shirebrook since 1995

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

Recent Property Sales in Shirebrook

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
126 Alder Way, Shirebrook, Mansfield, Derbyshire, NG20 8PZ£150,000£150,000£0014 Nov 202301 Mar 2024108 Days
26 Ash Grove, Shirebrook, Mansfield, Derbyshire, NG20 8QA£166,500£165,000-£1,50013 Nov 202329 Feb 2024108 Days
77 Field Drive, Shirebrook, Mansfield, Derbyshire, NG20 8BT£65,000£65,000£0010 Jul 202315 Dec 2023158 Days
55 Alder Way, Shirebrook, Mansfield, Derbyshire, NG20 8PS£170,000£170,000£0004 Oct 202315 Dec 202372 Days
4 Ridgeway, Langwith Junction, Mansfield, Derbyshire, NG20 9RT£130,000£125,000-£5,00019 Jul 202311 Dec 2023145 Days
12 Thickley Close, Shirebrook, Mansfield, Derbyshire, NG20 8UR£134,000£130,000-£4,00021 Apr 202303 Nov 2023196 Days
25 Acorn Ridge, Shirebrook, Mansfield, Derbyshire, NG20 8QS£120,000£115,000-£5,00012 Jul 202325 Oct 2023105 Days
14 Bracken Road, Shirebrook, Mansfield, Derbyshire, NG20 8FB£160,000£150,000-£10,00009 Mar 202320 Oct 2023225 Days
16 Chatsworth Avenue, Langwith Junction, Mansfield, Derbyshire, NG20 9AF£150,000£145,000-£5,00002 Jun 202319 Oct 2023139 Days
39 Valley Road, Shirebrook, Mansfield, Derbyshire, NG20 8LQ£134,000£129,000-£5,00018 Jul 202311 Oct 202385 Days
75 Thickley Close, Shirebrook, Mansfield, Derbyshire, NG20 8UP£131,000£122,000-£9,00016 Jun 202306 Oct 2023112 Days
12 Highfield Avenue, Langwith Junction, Mansfield, Derbyshire, NG20 9AU£152,500£148,000-£4,50029 Mar 202322 Sep 2023177 Days
23 Station Road, Shirebrook, Mansfield, Derbyshire, NG20 8TA£125,000£125,000£0023 Feb 202311 Aug 2023169 Days
14 Chatsworth Avenue, Langwith Junction, Mansfield, Derbyshire, NG20 9AF£169,950£165,000-£4,95002 Mar 202310 Jul 2023130 Days
19 Springfield Avenue, Shirebrook, Mansfield, Derbyshire, NG20 8LF£130,000£128,000-£2,00012 Jan 202302 Jun 2023141 Days
5 Acreage Lane, Shirebrook, Mansfield, Derbyshire, NG20 8RN£120,000£120,000£0026 Dec 202231 May 2023156 Days
18 Newbarn Close, Shirebrook, Mansfield, Derbyshire, NG20 8AT£245,000£235,000-£10,00026 Jan 202319 May 2023113 Days
5 Birch Grove, Shirebrook, Mansfield, Derbyshire, NG20 8QQ£180,000£175,000-£5,00016 Nov 202212 May 2023177 Days
12 Newbarn Close, Shirebrook, Mansfield, Derbyshire, NG20 8AT£210,000£206,500-£3,50005 Sep 202205 May 2023242 Days
12 Sherwood Avenue, Shirebrook, Mansfield, Derbyshire, NG20 8JL£138,000£130,000-£8,00009 Jan 202305 May 2023116 Days

Most Expensive Streets in Shirebrook

PostcodeStreetAreaAverageNo. of Sales
NG20 8ATNewbarn CloseShirebrook£216,6254
NG20 8EEStinting LaneShirebrook£206,4874
NG20 8ENLeen Valley DriveShirebrook£206,2504
NG20 8GHPiper StreetShirebrook£203,60943
NG20 8FSHarebell DriveShirebrook£195,2005
NG20 8GDAster RoadShirebrook£189,91315
NG20 9AQStation RoadLangwith Junction£184,3333
NG20 8EGRiding Hill AvenueShirebrook£177,5003
NG20 8NEHazel CrescentShirebrook£174,6254
NG20 8GFKernel WayShirebrook£174,35335

Least Expensive Streets in Shirebrook

PostcodeStreetAreaAverageNo. of Sales
NG20 8AROrwin HouseCentral Drive£54,5004
NG20 8BUWood LaneShirebrook£62,0005
NG20 8BBYork RoadShirebrook£63,4005
NG20 8THLangwith RoadShirebrook£66,6663
NG20 8RGRecreation DriveShirebrook£67,3336
NG20 8BHProspect DriveShirebrook£74,7005
NG20 8BTField DriveShirebrook£75,6005
NG20 8RQVale DriveShirebrook£82,9229
NG20 9ABBurlington AvenueLangwith Junction£86,0008
NG20 8TFLangwith RoadShirebrook£89,2005

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