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Shirebrook House Prices Shirebrook House Prices

The average house price in Shirebrook is £153,375 using HM Land Registry data.

The average property price increased by £38,545 (29.88%) over the last 5 years and increased by £7,724 (4.83%) over the last 12 months.

Over the last year, there were 107 residential property sales – a decrease of 36 transactions (-33.64%) relative to the previous year. The majority of house sales (26) were in the £120,000 - £140,000 range. Then came properties in the £140,000 - £160,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,421 (-2%).

In Dec 24, there were 13 new estate agency instructions, 13 agreed home sales and 10 property price reductions.

Postcodes Covered: NG20

5-Year Average Property Prices in Shirebrook

29.88%

Property prices in Shirebrook increased by 29.88% 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

4.83%

Property prices in Shirebrook increased by 4.83% 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 - Dec 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 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
15 Lavender Close, Shirebrook, Mansfield, Derbyshire, NG20 8FE£219,950£216,000-£3,95022 Apr 202424 Oct 2024185 Days
50 Burlington Avenue, Langwith Junction, Mansfield, Derbyshire, NG20 9AD£170,000£164,000-£6,00012 Jun 202414 Oct 2024124 Days
14 Primula Close, Shirebrook, Mansfield, Derbyshire, NG20 8EZ£150,000£150,000£0022 Mar 202409 Oct 2024201 Days
208 Langwith Road, Langwith Junction, Mansfield, Derbyshire, NG20 9RN£280,000£280,000£0026 Apr 202407 Oct 2024164 Days
120 Park Road, Shirebrook, Mansfield, Derbyshire, NG20 8JU£170,000£170,000£0011 Jun 202407 Oct 2024118 Days
75 Prospect Drive, Shirebrook, Mansfield, Derbyshire, NG20 8BH£80,000£39,440-£40,56008 Feb 202104 Oct 20241334 Days
118 Langwith Road, Shirebrook, Mansfield, Derbyshire, NG20 8TH£125,000£122,000-£3,00022 Nov 202325 Jul 2024246 Days
Crosswinds, Stinting Lane, Shirebrook, Mansfield, Derbyshire, NG20 8EQ£230,000£225,000-£5,00030 Jun 202304 Jul 2024370 Days
34 Valley Road, Shirebrook, Mansfield, Derbyshire, NG20 8LH£160,000£151,500-£8,50004 Mar 202414 Jun 2024102 Days
33 Prospect Drive, Shirebrook, Mansfield, Derbyshire, NG20 8BH£100,000£100,000£0028 Nov 202312 Apr 2024136 Days
34 Alder Close, Shirebrook, Mansfield, Derbyshire, NG20 8QD£75,000£73,000-£2,00013 Oct 202308 Apr 2024178 Days
15 The Hollies, Shirebrook, Mansfield, Derbyshire, NG20 8AG£160,000£151,000-£9,00027 Sep 202322 Mar 2024177 Days
8 Highcliffe Avenue, Shirebrook, Mansfield, Derbyshire, NG20 8NB£160,000£160,000£0013 Sep 202308 Mar 2024177 Days
126 Alder Way, Shirebrook, Mansfield, Derbyshire, NG20 8PZ£150,000£150,000£0014 Nov 202301 Mar 2024108 Days
13 Orchard Close, Shirebrook, Mansfield, Derbyshire, NG20 8JX£115,000£105,000-£10,00001 Sep 202301 Mar 2024182 Days
26 Ash Grove, Shirebrook, Mansfield, Derbyshire, NG20 8QA£166,500£165,000-£1,50013 Nov 202329 Feb 2024108 Days
11 Orchard Close, Shirebrook, Mansfield, Derbyshire, NG20 8JX£137,000£136,000-£1,00020 Oct 202329 Feb 2024132 Days
44 Slant Lane, Shirebrook, Mansfield, Derbyshire, NG20 8QW£135,000£135,000£0011 Dec 202316 Feb 202467 Days
19 Primula Close, Shirebrook, Mansfield, Derbyshire, NG20 8EZ£130,000£130,000£0025 Aug 202309 Feb 2024168 Days
12 Burlington Avenue, Langwith Junction, Mansfield, Derbyshire, NG20 9AD£160,000£160,000£0008 Sep 202305 Feb 2024150 Days

Most Expensive Streets in Shirebrook

PostcodeStreetAreaAverageNo. of Sales
NG20 8ATNewbarn CloseShirebrook£225,5003
NG20 8EEStinting LaneShirebrook£206,4874
NG20 8ENLeen Valley DriveShirebrook£206,2504
NG20 8GHPiper StreetShirebrook£197,53649
NG20 8GDAster RoadShirebrook£196,79229
NG20 8FSHarebell DriveShirebrook£196,5004
NG20 8AGThe HolliesShirebrook£190,2504
NG20 9AQStation RoadLangwith Junction£184,3333
NG20 8GFKernel WayShirebrook£174,78836
NG20 8NEHazel CrescentShirebrook£174,6254

Least Expensive Streets in Shirebrook

PostcodeStreetAreaAverageNo. of Sales
NG20 8AROrwin HouseCentral Drive£53,4005
NG20 8BBYork RoadShirebrook£63,4005
NG20 8BUWood LaneShirebrook£67,6254
NG20 8BTField DriveShirebrook£75,6005
NG20 8RQVale DriveShirebrook£80,13010
NG20 8BHProspect DriveShirebrook£83,3336
NG20 8TFLangwith RoadShirebrook£89,2005
NG20 8RGRecreation DriveShirebrook£91,6666
NG20 9ABBurlington AvenueLangwith Junction£91,7506
NG20 8BQCentral DriveShirebrook£94,30010

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