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Wadebridge House Prices Wadebridge House Prices

The average house price in Wadebridge is £256,250 using HM Land Registry data.

The average property price increased by £73,718 (26.16%) over the last 5 years and increased by £14,733 (4.32%) over the last 12 months.

Over the last year, there were 75 residential property sales – a decrease of 65 transactions (-86.67%) relative to the previous year. The majority of house sales (16) were in the £346,000 - £444,000 range. Then came properties in the £248,000 - £346,000 range, where 15 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 £-13,317 (-3%).

In April 2024, there were 18 new estate agency instructions, 7 agreed home sales and 14 property price reductions.

Postcodes Covered: PL27

5-Year Average Property Prices in Wadebridge

26.16%

Property prices in Wadebridge increased by 26.16% 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 Wadebridge Over the Last Year

4.32%

Property prices in Wadebridge increased by 4.32% 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 Wadebridge - 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 Wadebridge

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 Wadebridge

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 Wadebridge

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 Wadebridge since 1995

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

Recent Property Sales in Wadebridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
39 Treguddock Drive, Wadebridge, Cornwall, PL27 6BQ£535,000£520,000-£15,00018 Dec 202322 Feb 202466 Days
28 The Culvery, Wadebridge, Cornwall, PL27 7DX£400,000£390,000-£10,00014 May 202303 Nov 2023173 Days
Phylmur, Trevanson Road, Wadebridge, Cornwall, PL27 7HD£320,000£305,000-£15,00001 Feb 202306 Oct 2023247 Days
Tremar, Fernleigh Road, Wadebridge, Cornwall, PL27 7AY£650,000£640,000-£10,00006 Jul 202329 Sep 202385 Days
6 Westcott, Wadebridge, Cornwall, PL27 7HG£340,000£332,500-£7,50014 Apr 202325 Sep 2023164 Days
30 Trevarner Way, Wadebridge, Cornwall, PL27 6UP£259,500£245,000-£14,50004 Apr 202308 Sep 2023157 Days
2 Mowhay Meadow, Wadebridge, Cornwall, PL27 7DY£450,000£442,500-£7,50024 May 202321 Aug 202389 Days
42 Egloshayle Road, Wadebridge, Cornwall, PL27 6AE£400,000£390,000-£10,00018 Apr 202318 Aug 2023122 Days
33 Westerlands Road, Wadebridge, Cornwall, PL27 7EU£525,000£500,000-£25,00012 Apr 202311 Aug 2023121 Days
2 Treguddock Drive, Wadebridge, Cornwall, PL27 6BQ£379,950£350,000-£29,95013 Apr 202310 Aug 2023119 Days
Elmar, West Hill, Wadebridge, Cornwall, PL27 7EL£585,000£565,000-£20,00023 Feb 202330 Jun 2023127 Days
6 Treneague Park, Wadebridge, Cornwall, PL27 7PZ£440,000£439,000-£1,00012 Oct 202230 Jun 2023261 Days
Heatherbank, Fernleigh Road, Wadebridge, Cornwall, PL27 7BD£485,000£450,000-£35,00006 Mar 202316 Jun 2023102 Days
La Rochelle, Fernleigh Road, Wadebridge, Cornwall, PL27 7BB£575,000£575,000£0023 Sep 202226 May 2023245 Days
Peti Por, Elmsleigh Road, Wadebridge, Cornwall, PL27 7HA£350,000£344,000-£6,00009 Feb 202324 May 2023104 Days
11 New Park, Wadebridge, Cornwall, PL27 7PL£475,000£460,000-£15,00020 Sep 202203 Apr 2023195 Days
20 Westcott, Wadebridge, Cornwall, PL27 7HG£375,000£366,000-£9,00019 Jan 202331 Mar 202371 Days
1 Trevanion Park, Wadebridge, Cornwall, PL27 7PJ£230,000£210,000-£20,00021 Sep 202224 Mar 2023184 Days
Meldon, Whiterock Road, Wadebridge, Cornwall, PL27 7EB£485,000£480,000-£5,00014 Dec 202217 Mar 202393 Days
Flat 3, Glencoe, Glen Road, Wadebridge, Cornwall, PL27 7LT£150,000£142,000-£8,00016 Jun 202222 Feb 2023251 Days

Most Expensive Streets in Wadebridge

PostcodeStreetAreaAverageNo. of Sales
PL27 6DPGonvenaWadebridge£810,0003
PL27 7AYFernleigh RoadWadebridge£593,3333
PL27 7AZGwendrock VillasWadebridge£587,6663
PL27 7HDTrevanson RoadWadebridge£581,6663
PL27 6QQBradfords QuayWadebridge£546,80015
PL27 6EGBodieveWadebridge£506,0005
PL27 6DUSt Cleer DriveWadebridge£473,3333
PL27 7AUTown QuayHarbour Road£460,8889
PL27 6DXSt Matthews HillWadebridge£458,3333
PL27 7EAPark PlaceWadebridge£453,9005

Least Expensive Streets in Wadebridge

PostcodeStreetAreaAverageNo. of Sales
PL27 7QWMolesworth CourtWadebridge£82,15411
PL27 7JLFernleigh GardensWadebridge£109,1666
PL27 7LTGlencoeGlen Road£130,6663
PL27 7LYOlde Market CourtFair Park Road£145,16134
PL27 7FFPentire ApartmentsGlen Road£147,3333
PL27 7HLBelmont CourtWadebridge£156,7905
PL27 7NQPark RoadWadebridge£170,5004
PL27 7PYPolmear CourtWadebridge£170,7005
PL27 7ALEddystone PlaceWadebridge£171,6663
PL27 6DABridge EndWadebridge£175,5836

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