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Upwell and Outwell House Prices Upwell and Outwell House Prices

The average house price in Upwell and Outwell is £167,000 using HM Land Registry data.

The average property price increased by £90,526 (38.98%) over the last 5 years and increased by £18,093 (5.94%) over the last 12 months.

Over the last year, there were 43 residential property sales – a decrease of 37 transactions (-86.05%) relative to the previous year. The majority of house sales (18) were in the £150,000 - £216,000 range. Then came properties in the £216,000 - £282,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,239 (-3%).

In April 2024, there were 13 new estate agency instructions, 9 agreed home sales and 13 property price reductions.

Postcodes Covered: PE14

5-Year Average Property Prices in Upwell and Outwell

38.98%

Property prices in Upwell and Outwell increased by 38.98% 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 Upwell and Outwell Over the Last Year

5.94%

Property prices in Upwell and Outwell increased by 5.94% 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 Upwell and Outwell - 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 Upwell and Outwell

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 Upwell and Outwell

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 Upwell and Outwell

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 Upwell and Outwell since 1995

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

Recent Property Sales in Upwell and Outwell

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Well Creek Road, Outwell, Wisbech, Norfolk, PE14 8SD£175,000£167,000-£8,00012 Jun 202319 Dec 2023190 Days
90 Town Street, Upwell, Wisbech, Norfolk, PE14 9DF£170,000£170,000£0018 Sep 202317 Nov 202360 Days
Fern House, Rectory Road, Outwell, Wisbech, Norfolk, PE14 8RD£425,000£390,000-£35,00020 May 202316 Nov 2023180 Days
43 Churchfield Road, Outwell, Wisbech, Norfolk, PE14 8RL£210,000£205,000-£5,00015 May 202313 Nov 2023182 Days
65 Isle Bridge Road, Outwell, Wisbech, Norfolk, PE14 8RB£180,000£180,000£0023 Jun 202320 Oct 2023119 Days
26 Wisbech Road, Outwell, Wisbech, Norfolk, PE14 8PA£240,000£235,000-£5,00005 May 202306 Oct 2023154 Days
7 Church Drove, Outwell, Wisbech, Norfolk, PE14 8RH£160,000£151,000-£9,00003 Jul 202328 Sep 202387 Days
69 Church Drove, Outwell, Wisbech, Norfolk, PE14 8RH£190,000£190,000£0025 May 202325 Aug 202392 Days
74 St Peters Road, Upwell, Wisbech, Norfolk, PE14 9EJ£190,000£172,000-£18,00003 Apr 202309 Aug 2023128 Days
57 Isle Bridge Road, Outwell, Wisbech, Norfolk, PE14 8RB£180,000£177,500-£2,50014 Apr 202307 Jul 202384 Days
Rosegarth, Rectory Road, Outwell, Wisbech, Norfolk, PE14 8RD£300,000£295,000-£5,00026 Jan 202306 Jul 2023161 Days
54 Croft Road, Upwell, Wisbech, Norfolk, PE14 9HE£500,000£472,500-£27,50026 Dec 202204 Jul 2023190 Days
9 Lode Avenue, Upwell, Wisbech, Norfolk, PE14 9BH£270,000£270,000£0024 Feb 202330 Jun 2023126 Days
98 School Road, Upwell, Wisbech, Norfolk, PE14 9EW£210,000£205,000-£5,00014 Feb 202330 Jun 2023136 Days
91 Town Street, Upwell, Wisbech, Norfolk, PE14 9DF£220,000£200,000-£20,00025 Oct 202226 May 2023213 Days
37 Listers Road, Upwell, Wisbech, Norfolk, PE14 9BW£325,000£325,000£0003 Feb 202316 May 2023102 Days
Woodside, Green Drove, Outwell, Wisbech, Norfolk, PE14 8TW£600,000£600,000£0009 Nov 202224 Mar 2023135 Days
The Old Rectory, Rectory Road, Outwell, Wisbech, Norfolk, PE14 8RD£860,000£800,000-£60,00007 Oct 202217 Mar 2023161 Days
Maltravers, Low Side, Upwell, Wisbech, Norfolk, PE14 9BB£400,000£380,000-£20,00028 Nov 202214 Mar 2023106 Days
75 Isle Bridge Road, Outwell, Wisbech, Norfolk, PE14 8RB£180,000£179,000-£1,00011 Jul 202219 Jan 2023192 Days

Most Expensive Streets in Upwell and Outwell

PostcodeStreetAreaAverageNo. of Sales
PE14 9BBLow SideUpwell£498,7504
PE14 9EQOrchard GardensUpwell£444,60010
PE14 9EPBlunts Orchard DriveUpwell£444,2504
PE14 9BPNew RoadUpwell£408,6663
PE14 8PGWisbech RoadOutwell£392,0333
PE14 8RDRectory RoadOutwell£376,6005
PE14 9ESSchool RoadUpwell£369,8577
PE14 9BLSmall LodeUpwell£367,4086
PE14 9HQCroft RoadUpwell£356,55010
PE14 9HECroft RoadUpwell£341,6669

Least Expensive Streets in Upwell and Outwell

PostcodeStreetAreaAverageNo. of Sales
PE14 8RQChurch TerraceOutwell£113,6663
PE14 8PAWisbech RoadOutwell£114,9983
PE14 8RELowsideOutwell£140,8333
PE14 9AJThe RussetsUpwell£155,1394
PE14 8THNursery HouseBasin Road£162,0003
PE14 9HBDovecote RoadUpwell£176,2504
PE14 8RLChurchfield RoadOutwell£179,60010
PE14 9BFElderberry PlaceUpwell£187,0003
PE14 8RBIsle Bridge RoadOutwell£187,23315
PE14 8RPChurch DroveOutwell£187,2504

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