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Sleaford House Prices Sleaford House Prices

The average house price in Sleaford is £184,083 using HM Land Registry data.

The average property price increased by £42,127 (22.6%) over the last 5 years and increased by £8,420 (3.83%) over the last 12 months.

Over the last year, there were 207 residential property sales – a decrease of 136 transactions (-65.70%) relative to the previous year. The majority of house sales (47) were in the £156,000 - £202,000 range. Then came properties in the £110,000 - £156,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,022 (-2%).

In April 2024, there were 82 new estate agency instructions, 24 agreed home sales and 38 property price reductions.

Postcodes Covered: NG34

5-Year Average Property Prices in Sleaford

22.6%

Property prices in Sleaford increased by 22.6% 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 Sleaford Over the Last Year

3.83%

Property prices in Sleaford increased by 3.83% 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 Sleaford - 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 Sleaford

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 Sleaford

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 Sleaford

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 Sleaford since 1995

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

Recent Property Sales in Sleaford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Forum Way, Sleaford, Lincolnshire, NG34 7FF£240,000£230,000-£10,00010 Nov 202315 Mar 2024126 Days
23 Keepers Way, Sleaford, Lincolnshire, NG34 7FD£240,000£235,000-£5,00026 Oct 202308 Mar 2024134 Days
20 The Hoplands, Sleaford, Lincolnshire, NG34 7HZ£160,000£160,000£0027 Nov 202301 Mar 202495 Days
16 Covel Road, Sleaford, Lincolnshire, NG34 8BP£290,000£287,000-£3,00010 Oct 202328 Feb 2024141 Days
6 The Blackthorns, Sleaford, Lincolnshire, NG34 7GU£170,000£167,000-£3,00007 Sep 202323 Feb 2024169 Days
5 Bede Close, Quarrington, Sleaford, Lincolnshire, NG34 8WE£345,000£330,000-£15,00008 Sep 202322 Feb 2024167 Days
21 Hermes Way, Sleaford, Lincolnshire, NG34 7WH£320,000£315,000-£5,00005 Jul 202316 Feb 2024226 Days
10 Rosewood Drive, Sleaford, Lincolnshire, NG34 7JW£199,950£190,000-£9,95012 Sep 202305 Feb 2024146 Days
14 Swallow Close, Sleaford, Lincolnshire, NG34 7UU£240,000£230,000-£10,00004 Sep 202302 Feb 2024151 Days
5 Mulberry Close, Sleaford, Lincolnshire, NG34 7FH£180,000£135,000-£45,00004 May 202319 Dec 2023229 Days
22 Rhodes Avenue, Sleaford, Lincolnshire, NG34 7PB£135,000£127,500-£7,50017 Oct 202318 Dec 202362 Days
Flat 43, Moores Court, Jermyn Street, Sleaford, Lincolnshire, NG34 7UL£74,000£74,000£0026 Jan 202315 Dec 2023323 Days
55 Sheldrake Road, Sleaford, Lincolnshire, NG34 7XF£240,000£235,000-£5,00004 Aug 202314 Dec 2023132 Days
23 Mareham Lane, Sleaford, Lincolnshire, NG34 7JP£375,000£360,000-£15,00028 Feb 202313 Dec 2023288 Days
28 Pear Tree Close, Sleaford, Lincolnshire, NG34 7XJ£260,000£257,500-£2,50019 Jun 202311 Dec 2023175 Days
15 Almond Walk, Sleaford, Lincolnshire, NG34 8BH£160,000£145,000-£15,00016 Jun 202329 Nov 2023166 Days
17 Pine Close, Sleaford, Lincolnshire, NG34 7GY£192,500£192,500£0025 May 202317 Nov 2023176 Days
74 Boston Road, Sleaford, Lincolnshire, NG34 7HX£210,000£201,000-£9,00015 Jun 202316 Nov 2023154 Days
1 Linwood Close, Sleaford, Lincolnshire, NG34 8AQ£185,000£180,000-£5,00007 Jul 202315 Nov 2023131 Days
2 Chapel Hill Court, Sleaford, Lincolnshire, NG34 7FG£235,000£230,000-£5,00010 May 202315 Nov 2023189 Days

Most Expensive Streets in Sleaford

PostcodeStreetAreaAverageNo. of Sales
NG34 7TETower ViewSleaford£536,2504
NG34 8RTNorthfield RoadQuarrington£533,3336
NG34 7UNBrecon WaySleaford£446,6663
NG34 7UHCheviot CloseSleaford£431,4003
NG34 7NUGrantham RoadSleaford£416,3336
NG34 8RSTown RoadQuarrington£415,7605
NG34 7LPLondon RoadSleaford£405,83710
NG34 7NRGrantham RoadSleaford£395,0003
NG34 7LHLondon RoadSleaford£356,5007
NG34 7TFClay Hill RoadSleaford£350,19510

Least Expensive Streets in Sleaford

PostcodeStreetAreaAverageNo. of Sales
NG34 8REThe HedgerowsSleaford£66,8005
NG34 7RWHandley Court MewsSleaford£75,4874
NG34 7ZXThe FollyEastgate£79,5663
NG34 7ULMoores CourtJermyn Street, Sleaford£86,85732
NG34 7DWEastgateSleaford£95,9874
NG34 8SQFurlong WayHoldingham£96,8857
NG34 7ERBoston RoadSleaford£97,1005
NG34 7PSLeicester StreetSleaford£99,7147
NG34 7BQBishops CourtSleaford£101,8577
NG34 7QECastle StreetSleaford£105,0007

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