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Wellesbourne House Prices Wellesbourne House Prices

The average house price in Wellesbourne is £367,833 using HM Land Registry data.

The average property price increased by £93,717 (33.75%) over the last 5 years and increased by £18,730 (5.31%) over the last 12 months.

Over the last year, there were 83 residential property sales – a decrease of 45 transactions (-54.22%) relative to the previous year. The majority of house sales (21) were in the £252,000 - £324,000 range. Then came properties in the £396,000 - £468,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,182 (-3%).

In April 2024, there were 22 new estate agency instructions, 8 agreed home sales and 8 property price reductions.

Postcodes Covered: CV35

5-Year Average Property Prices in Wellesbourne

33.75%

Property prices in Wellesbourne increased by 33.75% 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 Wellesbourne Over the Last Year

5.31%

Property prices in Wellesbourne increased by 5.31% 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 Wellesbourne - 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 Wellesbourne

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 Wellesbourne

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 Wellesbourne

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 Wellesbourne since 1995

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

Recent Property Sales in Wellesbourne

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Chestnut Square, Wellesbourne, Warwick, Warwickshire, CV35 9QS£285,000£285,000£0011 Oct 202302 Feb 2024114 Days
1 Oxford Way, Wellesbourne, Warwick, Warwickshire, CV35 9LN£385,000£380,000-£5,00009 Aug 202311 Dec 2023124 Days
22 Oxford Way, Wellesbourne, Warwick, Warwickshire, CV35 9LW£350,000£340,000-£10,00009 May 202330 Nov 2023205 Days
71 Kineton Road, Wellesbourne, Warwick, Warwickshire, CV35 9LQ£280,000£255,000-£25,00025 Apr 202308 Nov 2023197 Days
11 Loxley Close, Wellesbourne, Warwick, Warwickshire, CV35 9RU£275,000£274,000-£1,00003 Jul 202303 Nov 2023123 Days
31 Westfield Crescent, Wellesbourne, Warwick, Warwickshire, CV35 9RP£325,000£320,000-£5,00026 May 202302 Nov 2023160 Days
2 Ramsay Green, Wellesbourne, Warwick, Warwickshire, CV35 9EE£275,000£270,000-£5,00011 Aug 202327 Oct 202377 Days
16 Wyvern Close, Wellesbourne, Warwick, Warwickshire, CV35 9TA£245,000£240,000-£5,00022 Jun 202325 Oct 2023125 Days
23 Lysander Close, Wellesbourne, Warwick, Warwickshire, CV35 9TD£425,000£415,000-£10,00004 May 202323 Oct 2023172 Days
21 Gloster Gardens, Wellesbourne, Warwick, Warwickshire, CV35 9TQ£550,000£540,000-£10,00020 Oct 202323 Oct 20233 Days
45 Hopkins Way, Wellesbourne, Warwick, Warwickshire, CV35 9UE£425,000£420,000-£5,00005 Apr 202306 Oct 2023184 Days
3 Anson Close, Wellesbourne, Warwick, Warwickshire, CV35 9LL£310,000£300,000-£10,00014 Feb 202329 Sep 2023227 Days
39 Chapel Street, Wellesbourne, Warwick, Warwickshire, CV35 9QU£230,000£230,000£0017 May 202325 Aug 2023100 Days
22 Ettington Close, Wellesbourne, Warwick, Warwickshire, CV35 9RJ£280,000£271,347-£8,65317 Jan 202318 Aug 2023213 Days
130 Dovehouse Drive, Wellesbourne, Warwick, Warwickshire, CV35 9NR£375,000£370,000-£5,00026 Dec 202228 Jul 2023214 Days
7 Cranwell Drive, Wellesbourne, Warwick, Warwickshire, CV35 9PT£375,000£358,525-£16,47527 May 202325 Jul 202359 Days
1 Valletta Way, Wellesbourne, Warwick, Warwickshire, CV35 9TB£260,000£245,000-£15,00027 Mar 202324 Jul 2023119 Days
30 Manston Drive, Wellesbourne, Warwick, Warwickshire, CV35 9TG£234,000£230,000-£4,00026 Dec 202214 Jul 2023200 Days
9 Valletta Way, Wellesbourne, Warwick, Warwickshire, CV35 9TB£245,000£235,000-£10,00027 Mar 202312 Jul 2023107 Days
30 Newbold Road, Wellesbourne, Warwick, Warwickshire, CV35 9QE£450,000£440,000-£10,00015 Mar 202323 Jun 2023100 Days

Most Expensive Streets in Wellesbourne

PostcodeStreetAreaAverageNo. of Sales
CV35 9EWCharlecoteWarwick£720,0005
CV35 9LUCharlecote RoadWellesbourne£627,3333
CV35 9TQGloster GardensWellesbourne£498,1787
CV35 9QWRose LaneWellesbourne£480,8333
CV35 9LQKineton RoadWellesbourne£472,0005
CV35 9QGMountford CloseWellesbourne£462,7504
CV35 9QQMountford CloseWellesbourne£433,40911
CV35 9RZBrookside AvenueWellesbourne£431,8333
CV35 9UQAnderton AvenueWellesbourne£418,3305
CV35 9JJGrantham RoadWellesbourne£397,8339

Least Expensive Streets in Wellesbourne

PostcodeStreetAreaAverageNo. of Sales
CV35 9SFSalmon CourtStratford Road£168,0004
CV35 9NPOrford CloseWellesbourne£172,7506
CV35 9JBWellesbourne HouseWalton Road£173,44134
CV35 9EGFountain GardensWellesbourne£178,6663
CV35 9EAWarwick RoadWellesbourne£186,2857
CV35 9TXOrchard CourtEttington Road£187,3336
CV35 9TTWellesbourne HouseWalton Road£191,4005
CV35 9QYGarden TerraceWellesbourne£192,6254
CV35 9TGManston DriveWellesbourne£205,90010
CV35 9PDSt Peters RoadWellesbourne£223,6663

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