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Sutton on Sea and Trusthorpe House Prices

The average house price in Sutton on Sea and Trusthorpe is £252,000 using HM Land Registry data.

The average property price increased by £98,099 (59.46%) over the last 5 years and increased by £19,606 (8.05%) over the last 12 months.

Over the last year, there were 74 residential property sales – a decrease of 30 transactions (-40.54%) relative to the previous year. The majority of house sales (20) were in the £232,000 - £268,000 range. Then came properties in the £196,000 - £232,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,548 (-3%).

In April 2024, there were 19 new estate agency instructions, 10 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in Sutton on Sea and Trusthorpe

59.46%

Property prices in Sutton on Sea and Trusthorpe increased by 59.46% 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 Sutton on Sea and Trusthorpe Over the Last Year

8.05%

Property prices in Sutton on Sea and Trusthorpe increased by 8.05% 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 Sutton on Sea and Trusthorpe - 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 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 Sutton on Sea and Trusthorpe

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 Sutton on Sea and Trusthorpe

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 Sutton on Sea and Trusthorpe

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 Sutton on Sea and Trusthorpe since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Sutton on Sea and Trusthorpe area since 1995.

Recent Property Sales in Sutton on Sea and Trusthorpe

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
25 Church Lane, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2JA	£260,000	£260,000	£00	13 Apr 2023	19 Mar 2024	341 Days
16 Honeysuckle Close, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2ST	£199,950	£185,000	-£14,950	31 Jul 2023	19 Mar 2024	232 Days
2 Rudyard Close, Sandilands, Mablethorpe, Lincolnshire, LN12 2RG	£265,000	£247,500	-£17,500	08 Nov 2023	14 Mar 2024	127 Days
10 Shelley Close, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2HD	£190,000	£182,000	-£8,000	01 Nov 2023	04 Mar 2024	124 Days
25 Marine Avenue, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2ND	£230,000	£225,000	-£5,000	05 Oct 2023	09 Feb 2024	127 Days
11 Hillside Avenue, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2JH	£250,000	£250,000	£00	08 Aug 2023	19 Dec 2023	133 Days
42 Lewis Avenue, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2JS	£279,995	£270,000	-£9,995	17 May 2023	19 Dec 2023	216 Days
27 Walkington Way, Sandilands, Mablethorpe, Lincolnshire, LN12 2UD	£350,000	£345,000	-£5,000	02 Mar 2023	04 Dec 2023	277 Days
8 Drakes Close, Sandilands, Mablethorpe, Lincolnshire, LN12 2UE	£285,000	£275,000	-£10,000	20 Jul 2023	29 Nov 2023	132 Days
7 Henshaw Avenue, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2FB	£325,000	£325,000	£00	14 Jul 2023	28 Nov 2023	137 Days
Flat 3, Mason Court, Alford Road, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2GY	£119,950	£110,000	-£9,950	24 May 2023	24 Nov 2023	184 Days
21 Harding Close, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2NB	£235,000	£235,000	£00	16 Aug 2023	23 Nov 2023	99 Days
36 Park View, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2NT	£299,950	£299,000	-£950	12 May 2023	03 Nov 2023	175 Days
34 Marine Avenue West, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2TX	£190,000	£175,000	-£15,000	03 Aug 2023	30 Oct 2023	88 Days
35 Kipling Drive, Sandilands, Mablethorpe, Lincolnshire, LN12 2RF	£259,950	£255,000	-£4,950	20 Jan 2023	27 Oct 2023	280 Days
Albatross Cottage, Furlongs Road, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2JL	£299,950	£292,500	-£7,450	07 Aug 2023	27 Oct 2023	81 Days
14 Marine Avenue West, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2TX	£250,000	£250,000	£00	11 Jul 2023	26 Oct 2023	107 Days
17 Lansdowne Drive, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2JD	£267,500	£257,500	-£10,000	16 Jan 2023	10 Oct 2023	267 Days
1 Drakes Close, Sandilands, Mablethorpe, Lincolnshire, LN12 2UE	£275,000	£264,500	-£10,500	09 Jun 2023	09 Oct 2023	122 Days
17 Church Park, Sutton On Sea, Mablethorpe, Lincolnshire, LN12 2SU	£280,000	£270,000	-£10,000	01 Apr 2023	02 Oct 2023	184 Days

Most Expensive Streets in Sutton on Sea and Trusthorpe

Postcode	Street	Area	Average	No. of Sales
LN12 2QX	St Francis Gardens	Sutton On Sea	£388,214	7
LN12 2RH	Sandhurst Road	Sandilands	£342,833	3
LN12 2FB	Henshaw Avenue	Sutton On Sea	£333,200	14
LN12 2LN	Trusthorpe Road	Sutton On Sea	£328,000	5
LN12 2RA	Sea Lane	Sandilands	£309,375	4
LN12 2SF	Masefield Drive	Sandilands	£299,433	9
LN12 2TA	Sharmans Close	Sutton On Sea	£294,333	3
LN12 2UU	Bluestone Way	Sutton On Sea	£293,057	7
LN12 2UB	The Copse	Sandilands	£291,666	3
LN12 2JL	Furlongs Road	Sutton On Sea	£284,916	6

Least Expensive Streets in Sutton on Sea and Trusthorpe

Postcode	Street	Area	Average	No. of Sales
LN12 2HG	Victoria Road	Sutton On Sea	£94,790	5
LN12 2SZ	Brittain Court	Sutton On Sea	£102,000	3
LN12 2HF	Alford Road	Sutton On Sea	£116,631	11
LN12 2HW	Station Road	Sutton On Sea	£121,250	6
LN12 2FJ	Jordan Grove	Sutton On Sea	£123,333	3
LN12 2JQ	Surfside	Sutton On Sea	£126,333	3
LN12 2SQ	Camelot Court	Sutton On Sea	£128,750	4
LN12 2PS	Bray Avenue	Trusthorpe	£129,166	3
LN12 2QE	Main Street	Trusthorpe	£142,166	3
LN12 2PG	Mill Field	Trusthorpe	£145,666	3