FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Southwold

Southwold House Prices Southwold House Prices

The average house price in Southwold is £745,000 using HM Land Registry data.

The average property price increased by £352,617 (70.57%) over the last 5 years and increased by £70,474 (9.01%) over the last 12 months.

Over the last year, there were 26 residential property sales – a decrease of 12 transactions (-46.15%) relative to the previous year. The majority of house sales (10) were in the £638,000 - £906,000 range. Then came properties in the £370,000 - £638,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,640 (-3%).

In April 2024, there were 13 new estate agency instructions, 6 agreed home sales and 6 property price reductions.

Neighbouring Areas: Reydon

Postcodes Covered: IP18

5-Year Average Property Prices in Southwold

70.57%

Property prices in Southwold increased by 70.57% 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 Southwold Over the Last Year

9.01%

Property prices in Southwold increased by 9.01% 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 Southwold - 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 Southwold

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 Southwold

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 Southwold

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 Southwold since 1995

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

Recent Property Sales in Southwold

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Silver Shore, Station Road, Southwold, Suffolk, IP18 6AY£665,000£595,000-£70,00016 Jun 202315 Feb 2024244 Days
15 Park Lane, Southwold, Suffolk, IP18 6HL£695,000£695,000£0012 Apr 202330 Nov 2023232 Days
5 Field Stile Road, Southwold, Suffolk, IP18 6LA£700,000£660,000-£40,00009 Jun 202320 Nov 2023164 Days
30 Hotson Road, Southwold, Suffolk, IP18 6BS£750,000£750,000£0027 Jun 202331 Oct 2023126 Days
7 Hotson Road, Southwold, Suffolk, IP18 6BS£700,000£685,000-£15,00006 Jun 202327 Oct 2023143 Days
Stepping Stone Cottage, Cumberland Close, Southwold, Suffolk, IP18 6JR£400,000£375,000-£25,00027 Jul 202306 Oct 202371 Days
22 Park Lane, Southwold, Suffolk, IP18 6HL£1,350,000£1,290,000-£60,00027 Apr 202318 Aug 2023113 Days
49 Pier Avenue, Southwold, Suffolk, IP18 6BU£875,000£813,528-£61,47218 Oct 202204 Aug 2023290 Days
40 Stradbroke Road, Southwold, Suffolk, IP18 6LQ£1,000,000£950,000-£50,00018 Apr 202306 Jul 202379 Days
Mount View, Station Road, Southwold, Suffolk, IP18 6AY£650,000£635,000-£15,00015 Nov 202230 Jun 2023227 Days
51 St Edmunds Road, Southwold, Suffolk, IP18 6BZ£525,000£524,750-£25015 Jul 202212 Apr 2023271 Days
28 North Road, Southwold, Suffolk, IP18 6BG£495,000£490,000-£5,00021 Apr 202205 Dec 2022228 Days
61 Marlborough Road, Southwold, Suffolk, IP18 6BJ£575,000£575,000£0017 May 202214 Nov 2022181 Days
Jordan House, Pinkneys Lane, Southwold, Suffolk, IP18 6EW£675,000£665,000-£10,00023 Jun 202228 Sep 202297 Days
17 York Road, Southwold, Suffolk, IP18 6AN£695,000£665,000-£30,00006 Dec 202125 Aug 2022262 Days
17 St Edmunds Road, Southwold, Suffolk, IP18 6LB£475,000£475,000£0016 Feb 202215 Jul 2022149 Days
44 Hotson Road, Southwold, Suffolk, IP18 6BS£775,000£740,000-£35,00017 Sep 202107 Jul 2022293 Days
Turnstile Cottage, Spinners Lane, Southwold, Suffolk, IP18 6AR£950,000£904,000-£46,00029 Jun 202123 Jun 2022359 Days
22 Pier Avenue, Southwold, Suffolk, IP18 6BU£650,000£650,000£0001 Nov 202124 Feb 2022115 Days
62 Hotson Road, Southwold, Suffolk, IP18 6BP£925,000£885,000-£40,00029 Sep 202110 Feb 2022134 Days

Most Expensive Streets in Southwold

PostcodeStreetAreaAverageNo. of Sales
IP18 6AJGodyll RoadSouthwold£1,338,0003
IP18 6HLPark LaneSouthwold£1,038,4005
IP18 6BUPier AvenueSouthwold£1,005,7897
IP18 6ATNorth GreenSouthwold£865,0004
IP18 6BPHotson RoadSouthwold£837,5006
IP18 6HQFerry RoadSouthwold£832,5004
IP18 6LAField Stile RoadSouthwold£821,2504
IP18 6JJEast CliffSouthwold£811,2504
IP18 6BLPier AvenueSouthwold£803,0005
IP18 6BSHotson RoadSouthwold£713,5717

Least Expensive Streets in Southwold

PostcodeStreetAreaAverageNo. of Sales
IP18 6DNHigh StreetSouthwold£328,3005
IP18 6GLTibbys WaySouthwold£444,8005
IP18 6BZSt Edmunds RoadSouthwold£458,0874
IP18 6LBSt Edmunds RoadSouthwold£483,4005
IP18 6JNEast GreenSouthwold£493,3336
IP18 6BGNorth RoadSouthwold£513,6005
IP18 6BXPier AvenueSouthwold£520,0003
IP18 6BQNorth RoadSouthwold£525,9213
IP18 6LDFieldstile RoadSouthwold£532,3005
IP18 6JQVictoria StreetSouthwold£558,35010

Explore Southwold and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Suffolk
Property Auctions Suffolk
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark