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Warwick House Prices Warwick House Prices

The average house price in Warwick is £307,982 using HM Land Registry data.

The average property price increased by £27,358 (8.02%) over the last 5 years and increased by £5,468 (1.51%) over the last 12 months.

Over the last year, there were 438 residential property sales – a decrease of 261 transactions (-59.59%) relative to the previous year. The majority of house sales (112) were in the £244,000 - £328,000 range. Then came properties in the £328,000 - £412,000 range, where 99 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,284 (-1%).

In April 2024, there were 87 new estate agency instructions, 75 agreed home sales and 30 property price reductions.

Neighbouring Areas: Royal Leamington Spa, Whitnash

Postcodes Covered: CV31, CV33, CV34, CV35

5-Year Average Property Prices in Warwick

8.02%

Property prices in Warwick increased by 8.02% 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 Warwick Over the Last Year

1.51%

Property prices in Warwick increased by 1.51% 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 Warwick - 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 Warwick

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 Warwick

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 Warwick

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 Warwick since 1995

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

Recent Property Sales in Warwick

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Cassandra Grove, Heathcote, Warwick, Warwickshire, CV34 6XD£510,000£503,000-£7,00010 Aug 202313 Mar 2024216 Days
11 Blackbades Boulevard, Warwick, Warwickshire, CV34 6DT£495,000£490,000-£5,00024 Aug 202329 Feb 2024189 Days
18 Deansway, Warwick, Warwickshire, CV34 5DG£430,000£430,000£0015 Dec 202326 Feb 202473 Days
3 Bartlett Close, Warwick, Warwickshire, CV34 4UY£220,000£188,000-£32,00006 Oct 202314 Feb 2024131 Days
14 Birch Meadow Close, Warwick, Warwickshire, CV34 4TZ£160,000£150,000-£10,00023 May 202302 Feb 2024255 Days
38 Woodloes Avenue South, Warwick, Warwickshire, CV34 5TF£295,000£295,000£0023 Aug 202301 Feb 2024162 Days
76 Woodloes Avenue South, Warwick, Warwickshire, CV34 5TQ£400,000£400,000£0017 Oct 202331 Jan 2024106 Days
15 Byron Avenue, Warwick, Warwickshire, CV34 6LB£325,000£318,000-£7,00026 Jul 202325 Jan 2024183 Days
22 Saltisford, Warwick, Warwickshire, CV34 4TA£700,000£640,000-£60,00012 Oct 202322 Jan 2024102 Days
25 Exham Close, Warwick, Warwickshire, CV34 5UL£248,000£243,000-£5,00025 Sep 202312 Jan 2024109 Days
9 Wavytree Close, Warwick, Warwickshire, CV34 4UA£250,000£250,000£0021 Jul 202312 Jan 2024175 Days
25 Humphris Street, Warwick, Warwickshire, CV34 5RA£275,000£250,000-£25,00009 Aug 202310 Jan 2024154 Days
15 Romeo Arbour, Heathcote, Warwick, Warwickshire, CV34 6FD£625,000£625,000£0009 Nov 202204 Jan 2024421 Days
54 Shakespeare Avenue, Warwick, Warwickshire, CV34 6JS£350,000£325,000-£25,00020 Apr 202321 Dec 2023245 Days
18 Neville Grove, Warwick, Warwickshire, CV34 5TU£220,000£200,000-£20,00024 Aug 202318 Dec 2023116 Days
94 Deansway, Warwick, Warwickshire, CV34 5DE£300,000£300,000£0009 Jun 202315 Dec 2023189 Days
Apartment 16, Knights Court, Linen Street, Warwick, Warwickshire, CV34 4DJ£240,000£237,000-£3,00026 Jul 202314 Dec 2023141 Days
8 Rambures Close, Heathcote, Warwick, Warwickshire, CV34 6GW£445,000£440,000-£5,00013 Jun 202306 Dec 2023176 Days
3 Price Close East, Warwick, Warwickshire, CV34 6DJ£310,000£310,000£0026 Jul 202304 Dec 2023131 Days
13 Arundel Close, Warwick, Warwickshire, CV34 5HZ£360,000£360,000£0026 Sep 202327 Nov 202362 Days

Most Expensive Streets in Warwick

PostcodeStreetAreaAverageNo. of Sales
CV34 4SPNorthgate StreetWarwick£1,640,0005
CV34 4HBMill StreetWarwick£1,075,3336
CV34 6QHAshley CrescentWarwick£901,6874
CV34 6BHMyton GardensWarwick£885,1005
CV34 4SUNorthgate PlaceWarwick£810,0004
CV34 4JPCape RoadWarwick£800,0003
CV34 6QJBennett DriveWarwick£778,3333
CV34 6QAMyton CrescentWarwick£746,7504
CV34 6WLMacbeth ApproachWarwick£714,2504
CV34 6UAEarls MeadowWarwick£706,5003

Least Expensive Streets in Warwick

PostcodeStreetAreaAverageNo. of Sales
CV34 4UULakeland HousePickard Street, Warwick£93,5003
CV34 4LQMontgomery CourtCoventry Road£98,44510
CV34 6HBWestgate CloseWarwick£107,9163
CV34 4XPHealey CourtCoten End£117,77031
CV34 5RBHeralds CourtHumphris Street, Warwick£120,6503
CV34 5DLGovernors CourtLandor Road£122,7504
CV34 5NWRohan GardensWarwick£136,3577
CV34 4TEVictoria MewsWarwick£139,9833
CV34 4UEWilliam Tarver CloseWarwick£143,8336
CV34 5EYRaynsford WalkWarwick£147,3333

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