Walton on the Naze House Prices Walton on the Naze House Prices

The average house price in Walton-on-the-Naze is £302,875 using HM Land Registry data.

The average property price increased by £44,374 (18.88%) over the last 5 years and increased by £8,869 (3.28%) over the last 12 months.

Over the last year, there were 81 residential property sales – a decrease of 80 transactions (-98.77%) relative to the previous year. The majority of house sales (23) were in the £218,000 - £276,000 range. Then came properties in the £276,000 - £334,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,300 (-3%).

In April 2024, there were 31 new estate agency instructions, 15 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in Walton-on-the-Naze

18.88%

Property prices in Walton-on-the-Naze increased by 18.88% 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 Walton-on-the-Naze Over the Last Year

3.28%

Property prices in Walton-on-the-Naze increased by 3.28% 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 Walton-on-the-Naze - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Walton-on-the-Naze

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 Walton-on-the-Naze

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 Walton-on-the-Naze

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 Walton-on-the-Naze since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Walton-on-the-Naze area since 1995.

Recent Property Sales in Walton-on-the-Naze

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
29 Florence Road, Walton On The Naze, Essex, CO14 8HP£300,000£285,000-£15,00002 Oct 202327 Feb 2024148 Days
27 Stablefield Road, Walton On The Naze, Essex, CO14 8UG£315,000£310,000-£5,00011 Jul 202309 Feb 2024213 Days
145 Clays Road, Walton On The Naze, Essex, CO14 8UB£285,000£272,000-£13,00017 Jul 202302 Feb 2024200 Days
1 Martello Road, Walton On The Naze, Essex, CO14 8BP£199,999£199,999£0017 Aug 202330 Jan 2024166 Days
337 Walton Road, Walton On The Naze, Essex, CO14 8LR£285,000£275,000-£10,00024 Jul 202308 Dec 2023137 Days
7 Pightle Way, Walton On The Naze, Essex, CO14 8UJ£255,000£248,000-£7,00004 Aug 202308 Dec 2023126 Days
10 Rochford Way, Walton On The Naze, Essex, CO14 8RN£289,995£289,995£0003 Jul 202322 Nov 2023142 Days
41 Florence Road, Walton On The Naze, Essex, CO14 8HP£325,000£310,000-£15,00009 Nov 202310 Nov 20231 Days
44 Columbine Gardens, Walton On The Naze, Essex, CO14 8NN£375,000£367,500-£7,50018 Feb 202301 Nov 2023256 Days
Flat 25, Ocean View, Princes Esplanade, Walton On The Naze, Essex, CO14 8QD£227,850£225,000-£2,85014 Apr 202330 Oct 2023199 Days
95 Butchers Lane, Walton On The Naze, Essex, CO14 8UD£275,000£267,000-£8,00002 May 202327 Oct 2023178 Days
8 Gatefield Close, Walton On The Naze, Essex, CO14 8SH£289,995£280,000-£9,99502 Jun 202320 Oct 2023140 Days
24 Rochford Way, Walton On The Naze, Essex, CO14 8RW£265,000£260,000-£5,00017 May 202305 Oct 2023141 Days
5 Ockendon Way, Walton On The Naze, Essex, CO14 8ST£315,000£295,000-£20,00017 May 202327 Sep 2023133 Days
1 Vicarage Lane, Walton On The Naze, Essex, CO14 8PA£239,995£230,000-£9,99527 Apr 202311 Sep 2023137 Days
108 Butchers Lane, Walton On The Naze, Essex, CO14 8UD£390,000£390,000£0003 Apr 202308 Sep 2023158 Days
27 Suffolk Street, Walton On The Naze, Essex, CO14 8AR£240,000£235,000-£5,00023 Mar 202331 Jul 2023130 Days
2 Columbine Gardens, Walton On The Naze, Essex, CO14 8NW£294,995£287,500-£7,49530 Jan 202328 Jul 2023179 Days
6 Second Avenue, Walton On The Naze, Essex, CO14 8JS£210,000£205,000-£5,00010 Jul 202328 Jul 202318 Days
112 Hall Lane, Walton On The Naze, Essex, CO14 8HN£225,000£217,500-£7,50013 Feb 202320 Jul 2023157 Days

Most Expensive Streets in Walton-on-the-Naze

PostcodeStreetAreaAverageNo. of Sales
CO14 8LDSunny PointWalton On The Naze£623,7504
CO14 8PYEast TerraceWalton On The Naze£583,3333
CO14 8LFOld Hall LaneWalton On The Naze£568,3313
CO14 8LEOld Hall LaneWalton On The Naze£536,6663
CO13 9NUEaston WayFrinton-on-sea£434,6656
CO14 8RBKirby RoadWalton On The Naze£401,1023
CO14 8FFThe CreekWalton On The Naze£362,2498
CO14 8HAGreen LaneWalton On The Naze£353,3336
CO14 8HPFlorence RoadWalton On The Naze£353,0006
CO14 8RJKirby RoadWalton On The Naze£351,2504

Least Expensive Streets in Walton-on-the-Naze

PostcodeStreetAreaAverageNo. of Sales
CO14 8PSHavencroft CourtNorth Street, Walton On The Naze£80,6119
CO14 8SNGatefield CourtGatefield Close£108,2484
CO14 8LHElizabeth CourtLouise Close£136,7005
CO14 8DDGreat Eastern CourtWoodberry Way£147,5006
CO14 8PBAlfred TerraceWalton On The Naze£150,8333
CO14 8APThe ParadeWalton On The Naze£160,3754
CO14 8LTWalton RoadWalton On The Naze£166,1427
CO14 8QDHomeleaPrinces Esplanade£166,19510
CO14 8PLSaville StreetWalton On The Naze£166,3005
CO14 8PDAlfred TerraceWalton On The Naze£178,2504

Explore Walton-on-the-Naze and Neighbouring Area House Prices