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Soham House Prices Soham House Prices

The average house price in Soham is £365,500 using HM Land Registry data.

The average property price increased by £46,310 (18.56%) over the last 5 years and increased by £9,279 (3.24%) over the last 12 months.

Over the last year, there were 74 residential property sales – a decrease of 50 transactions (-67.57%) relative to the previous year. The majority of house sales (18) were in the £198,000 - £246,000 range. Then came properties in the £246,000 - £294,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 143 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,827 (-2%).

In Dec 24, there were 12 new estate agency instructions, 12 agreed home sales and 14 property price reductions.

Postcodes Covered: CB7

5-Year Average Property Prices in Soham

18.56%

Property prices in Soham increased by 18.56% 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 Soham Over the Last Year

3.24%

Property prices in Soham increased by 3.24% 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 Soham - 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 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 Soham

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 Soham

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 Soham

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 Soham since 1995

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

Recent Property Sales in Soham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Thorn Close, Soham, Ely, Cambridgeshire, CB7 5EH£435,000£210,000-£225,00018 Jul 202315 Nov 2024486 Days
9 Blackthorn Court, Soham, Ely, Cambridgeshire, CB7 5DT£180,000£174,000-£6,00015 Jul 202413 Nov 2024121 Days
6 Staploe Mews, Soham, Ely, Cambridgeshire, CB7 5JW£90,000£82,000-£8,00006 Dec 202325 Oct 2024324 Days
2 Campion Close, Soham, Ely, Cambridgeshire, CB7 5FX£210,000£190,000-£20,00027 Mar 202418 Oct 2024205 Days
76 Brewhouse Lane, Soham, Ely, Cambridgeshire, CB7 5JE£270,000£270,000£0026 Jan 202426 Jun 2024152 Days
25 Julius Martin Lane, Soham, Ely, Cambridgeshire, CB7 5EQ£500,000£500,000£0007 Aug 202317 Jun 2024315 Days
40 Nightall Road, Soham, Ely, Cambridgeshire, CB7 5FE£250,000£247,000-£3,00027 Jan 202410 May 2024104 Days
26 The Causeway, Soham, Ely, Cambridgeshire, CB7 5BB£249,950£243,000-£6,95016 Feb 202410 May 202484 Days
9 Ennion Close, Soham, Ely, Cambridgeshire, CB7 5GU£310,000£300,000-£10,00025 Jul 202326 Apr 2024276 Days
24 Ten Bell Lane, Soham, Ely, Cambridgeshire, CB7 5BJ£250,000£240,000-£10,00013 Sep 202311 Mar 2024180 Days
24 Thorn Close, Soham, Ely, Cambridgeshire, CB7 5EH£385,000£375,000-£10,00012 Jun 202304 Mar 2024266 Days
151 Paddock Street, Soham, Ely, Cambridgeshire, CB7 5JA£155,000£150,000-£5,00012 Jul 202329 Feb 2024232 Days
20 Townsend, Soham, Ely, Cambridgeshire, CB7 5DB£245,000£244,000-£1,00008 Jun 202323 Feb 2024260 Days
29 Avocet Grove, Soham, Ely, Cambridgeshire, CB7 5GN£385,000£375,000-£10,00011 Sep 202325 Jan 2024136 Days
43 Teal Avenue, Soham, Ely, Cambridgeshire, CB7 5UX£310,000£295,000-£15,00001 Oct 202325 Jan 2024116 Days
10 Qua Fen Common, Soham, Ely, Cambridgeshire, CB7 5DH£190,000£175,000-£15,00026 Jul 202324 Nov 2023121 Days
124 Mereside, Soham, Ely, Cambridgeshire, CB7 5EG£670,000£635,000-£35,00009 May 202310 Nov 2023185 Days
7 Cedar Court, Soham, Ely, Cambridgeshire, CB7 5FL£155,000£155,000£0016 Mar 202313 Oct 2023211 Days
2 The Butts, Soham, Ely, Cambridgeshire, CB7 5AN£389,000£333,000-£56,00003 Nov 202229 Sep 2023330 Days
7 Guntons Close, Soham, Ely, Cambridgeshire, CB7 5DJ£300,000£300,000£0015 May 202321 Sep 2023129 Days

Most Expensive Streets in Soham

PostcodeStreetAreaAverageNo. of Sales
CB7 5ELBroad PieceSoham£405,7504
CB7 5ZQAspen WaySoham£403,0005
CB7 5AHFordham RoadSoham£387,1666
CB7 5HTMill CornerSoham£383,7504
CB7 5DQQua Fen CommonSoham£372,3333
CB7 5AWThe ButtsSoham£371,9005
CB7 5JDBrewhouse LaneSoham£371,2504
CB7 5DGBancroft LaneSoham£367,0005
CB7 5BJTen Bell LaneSoham£365,0005
CB7 5EQJulius Martin LaneSoham£353,7504

Least Expensive Streets in Soham

PostcodeStreetAreaAverageNo. of Sales
CB7 5FLCedar CourtSoham£133,7506
CB7 5ZGMarket Street MewsSoham£144,1663
CB7 5HZBrook Dam LaneSoham£159,2504
CB7 5YYPrimrose LaneSoham£165,7504
CB7 5DRChurchgate StreetSoham£173,7506
CB7 5EXWest Drive GardensSoham£180,0004
CB7 5UTHeron CroftSoham£186,7504
CB7 5WAHeron CroftSoham£186,9905
CB7 5YURosebay GardensSoham£188,2005
CB7 5FNDobede WaySoham£195,15020

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