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Southwold House Prices

The average house price in Southwold is £810,833 using HM Land Registry data.

The average property price increased by £293,317 (52.39%) over the last 5 years and increased by £58,771 (7.4%) over the last 12 months.

Over the last year, there were 25 residential property sales – a decrease of 4 transactions (-16.00%) relative to the previous year. The majority of house sales (8) were in the £450,000 - £610,000 range. Then came properties in the £610,000 - £770,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 104 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,034 (-3%).

In Dec 24, there were 5 new estate agency instructions, 3 agreed home sales and 3 property price reductions.

5-Year Average Property Prices in Southwold

52.39%

Property prices in Southwold increased by 52.39% 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

7.4%

Property prices in Southwold increased by 7.4% 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.

Property Market Heat Gauge for Southwold - 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 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

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
20 High Street, Southwold, Suffolk, IP18 6AE	£325,000	£290,000	-£35,000	01 Mar 2024	10 Oct 2024	223 Days
20 - 22, Victoria Street, Southwold, Suffolk, IP18 6JF	£895,000	£795,000	-£100,000	18 Jul 2023	01 Aug 2024	380 Days
3 Trinity Close, Southwold, Suffolk, IP18 6JS	£675,000	£632,000	-£43,000	09 Feb 2024	30 Jul 2024	172 Days
Rodings, Salisbury Road, Southwold, Suffolk, IP18 6LG	£500,000	£450,000	-£50,000	05 Mar 2024	26 Jul 2024	143 Days
6 Dunwich Road, Southwold, Suffolk, IP18 6LJ	£795,000	£780,000	-£15,000	04 Jan 2024	18 Jul 2024	196 Days
23 Pier Avenue, Southwold, Suffolk, IP18 6BU	£475,000	£450,000	-£25,000	28 Feb 2024	24 May 2024	86 Days
13 North Road, Southwold, Suffolk, IP18 6BG	£575,000	£550,000	-£25,000	30 Jun 2023	11 Mar 2024	255 Days
58 Stradbroke Road, Southwold, Suffolk, IP18 6LQ	£1,000,000	£985,000	-£15,000	15 Sep 2023	11 Mar 2024	178 Days
Silver Shore, Station Road, Southwold, Suffolk, IP18 6AY	£665,000	£595,000	-£70,000	16 Jun 2023	15 Feb 2024	244 Days
22 Stradbroke Road, Southwold, Suffolk, IP18 6LQ	£1,300,000	£1,300,000	£00	27 May 2023	18 Dec 2023	205 Days
15 Park Lane, Southwold, Suffolk, IP18 6HL	£695,000	£695,000	£00	12 Apr 2023	30 Nov 2023	232 Days
5 Field Stile Road, Southwold, Suffolk, IP18 6LA	£700,000	£660,000	-£40,000	09 Jun 2023	20 Nov 2023	164 Days
30 Hotson Road, Southwold, Suffolk, IP18 6BS	£750,000	£750,000	£00	27 Jun 2023	31 Oct 2023	126 Days
7 Hotson Road, Southwold, Suffolk, IP18 6BS	£700,000	£685,000	-£15,000	06 Jun 2023	27 Oct 2023	143 Days
Stepping Stone Cottage, Cumberland Close, Southwold, Suffolk, IP18 6JR	£400,000	£375,000	-£25,000	27 Jul 2023	06 Oct 2023	71 Days
22 Park Lane, Southwold, Suffolk, IP18 6HL	£1,350,000	£1,290,000	-£60,000	27 Apr 2023	18 Aug 2023	113 Days
49 Pier Avenue, Southwold, Suffolk, IP18 6BU	£875,000	£813,528	-£61,472	18 Oct 2022	04 Aug 2023	290 Days
40 Stradbroke Road, Southwold, Suffolk, IP18 6LQ	£1,000,000	£950,000	-£50,000	18 Apr 2023	06 Jul 2023	79 Days
Mount View, Station Road, Southwold, Suffolk, IP18 6AY	£650,000	£635,000	-£15,000	15 Nov 2022	30 Jun 2023	227 Days
51 St Edmunds Road, Southwold, Suffolk, IP18 6BZ	£525,000	£524,750	-£250	15 Jul 2022	12 Apr 2023	271 Days

Most Expensive Streets in Southwold

Postcode	Street	Area	Average	No. of Sales
IP18 6AJ	Godyll Road	Southwold	£1,338,000	3
IP18 6HL	Park Lane	Southwold	£1,174,250	4
IP18 6BU	Pier Avenue	Southwold	£1,000,088	6
IP18 6AT	North Green	Southwold	£986,666	3
IP18 6HQ	Ferry Road	Southwold	£916,000	5
IP18 6BP	Hotson Road	Southwold	£841,500	5
IP18 6LA	Field Stile Road	Southwold	£821,250	4
IP18 6BL	Pier Avenue	Southwold	£788,333	3
IP18 6BS	Hotson Road	Southwold	£713,571	7
IP18 6LQ	Stradbroke Road	Southwold	£710,875	12

Least Expensive Streets in Southwold

Postcode	Street	Area	Average	No. of Sales
IP18 6DN	High Street	Southwold	£286,333	3
IP18 6LB	St Edmunds Road	Southwold	£440,150	5
IP18 6GL	Tibbys Way	Southwold	£444,800	5
IP18 6JN	East Green	Southwold	£460,000	4
IP18 6BZ	St Edmunds Road	Southwold	£504,312	4
IP18 6BX	Pier Avenue	Southwold	£520,000	3
IP18 6LD	Field Stile Road	Southwold	£526,100	5
IP18 6JQ	Victoria Street	Southwold	£558,350	10
IP18 6AE	High Street	Southwold	£575,000	4
IP18 6BG	North Road	Southwold	£584,000	7