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Stratton St Margaret House Prices Stratton St Margaret House Prices

The average house price in Stratton St Margaret is £260,500 using HM Land Registry data.

The average property price increased by £72,576 (32.41%) over the last 5 years and increased by £14,505 (5.14%) over the last 12 months.

Over the last year, there were 229 residential property sales – a decrease of 73 transactions (-31.88%) relative to the previous year. The majority of house sales (51) were in the £222,000 - £264,000 range. Then came properties in the £264,000 - £306,000 range, where 47 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,213 (-2%).

In April 2024, there were 56 new estate agency instructions, 31 agreed home sales and 32 property price reductions.

Neighbouring Areas: Swindon

Postcodes Covered: SN1, SN2, SN25, SN3

5-Year Average Property Prices in Stratton St Margaret

32.41%

Property prices in Stratton St Margaret increased by 32.41% 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 Stratton St Margaret Over the Last Year

5.14%

Property prices in Stratton St Margaret increased by 5.14% 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 Stratton St Margaret - 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 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 Stratton St Margaret

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 Stratton St Margaret

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 Stratton St Margaret

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 Stratton St Margaret since 1995

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

Recent Property Sales in Stratton St Margaret

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
23 Constable Road, Swindon, SN2 7JF£155,000£150,000-£5,00028 Nov 202308 Mar 2024101 Days
96 Winton Road, Swindon, SN3 4XL£290,000£290,000£0019 Oct 202322 Feb 2024126 Days
2 Sandgate Mews, Swindon, SN3 4HW£260,000£255,000-£5,00031 Oct 202305 Feb 202497 Days
28 Derwent Drive, Stratton, Swindon, SN2 7NJ£280,000£280,000£0024 Mar 202325 Jan 2024307 Days
34 Frilford Drive, Swindon, SN3 4JW£390,000£368,000-£22,00012 Jun 202304 Jan 2024206 Days
27 Pearce Close, Swindon, SN2 7SW£280,000£270,000-£10,00023 Jun 202320 Dec 2023180 Days
14 Nythe Road, Swindon, SN3 4AN£325,000£320,000-£5,00013 Jul 202319 Dec 2023159 Days
27 Whilestone Way, Swindon, SN3 4HR£350,000£340,000-£10,00009 Sep 202315 Dec 202397 Days
8 Heath Way, Swindon, SN3 4DT£340,000£340,000£0018 Aug 202315 Dec 2023119 Days
5 Green Road, Stratton St Margaret, Swindon, SN2 7JA£250,000£243,000-£7,00019 Jul 202308 Dec 2023142 Days
23 Archer Close, Swindon, SN2 7XJ£155,000£155,000£0019 Oct 202306 Dec 202348 Days
12 Okus Grove, Swindon, SN2 7QA£260,000£260,000£0028 Jul 202304 Dec 2023129 Days
166 Hathaway Road, Swindon, SN2 7TT£215,000£212,500-£2,50005 May 202324 Nov 2023203 Days
21 Keats Crescent, Upper Stratton, Swindon, SN2 7NQ£270,000£260,000-£10,00014 Jul 202324 Nov 2023133 Days
12 Merton Avenue, Swindon, SN2 7PY£340,000£340,000£0015 Aug 202324 Nov 2023101 Days
94 Hathaway Road, Swindon, SN2 7TS£200,000£200,000£0021 Aug 202324 Nov 202395 Days
23 Crawley Avenue, Swindon, SN3 4LB£340,000£340,000£0003 Aug 202324 Nov 2023113 Days
7 Kingsdown Road, Swindon, SN2 7PE£220,000£220,000£0005 Apr 202320 Nov 2023229 Days
Flat 1, The Seasons, Jole Close, Swindon, SN2 7WE£190,000£190,000£0003 Jul 202317 Nov 2023137 Days
12 Loveridge Close, Swindon, SN2 7UD£220,000£215,000-£5,00005 Aug 202315 Nov 2023102 Days

Most Expensive Streets in Stratton St Margaret

PostcodeStreetAreaAverageNo. of Sales
SN3 4NYKenwin CloseSwindon£460,1663
SN3 4NRWalnut Tree CloseStratton St Margaret£389,3333
SN3 4PSMarshfield WaySwindon£385,8333
SN3 4EUEndeavour RoadSwindon£368,5205
SN2 7RZElmswood CloseSwindon£365,0004
SN3 4XEDelamere DriveSwindon£360,0003
SN3 4LZOverton GardensSwindon£359,2005
SN3 4JLGrange DriveSwindon£358,2504
SN3 4FWCoronel CloseSwindon£356,8758
SN3 4HTCastle View RoadSwindon£356,2504

Least Expensive Streets in Stratton St Margaret

PostcodeStreetAreaAverageNo. of Sales
SN3 4YEAzelin CourtSwindon£93,1254
SN3 4HHSandgateSwindon£114,0006
SN3 4PPErmin MewsStratton St Margaret£118,0003
SN3 4HAOxford RoadStratton St Margaret£124,1663
SN3 4FEOtter RowSwindon£131,0004
SN2 7QYDores CourtSwindon£135,6254
SN3 4QBSwan CloseSwindon£152,54112
SN3 4EXEndeavour RoadSwindon£158,1427
SN2 7XJArcher CloseSwindon£162,5004
SN2 7PXBeechcroft RoadSwindon£165,2005

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