FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in Welton

Welton House Prices Welton House Prices

The average house price in Welton is £206,500 using HM Land Registry data.

The average property price increased by £30,850 (11.35%) over the last 5 years and increased by £6,166 (2.08%) over the last 12 months.

Over the last year, there were 49 residential property sales – a decrease of 55 transactions (-112.24%) relative to the previous year. The majority of house sales (17) were in the £196,000 - £272,000 range. Then came properties in the £120,000 - £196,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,195 (-3%).

In April 2024, there were 12 new estate agency instructions, 7 agreed home sales and 11 property price reductions.

Postcodes Covered: LN2

5-Year Average Property Prices in Welton

11.35%

Property prices in Welton increased by 11.35% 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 Welton Over the Last Year

2.08%

Property prices in Welton increased by 2.08% 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 Welton - 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 Welton

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 Welton

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 Welton

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 Welton since 1995

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

Recent Property Sales in Welton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Roselea Avenue, Welton, Lincoln, Lincolnshire, LN2 3RT£310,000£305,000-£5,00005 May 202326 Jan 2024266 Days
26 Brinkhall Way, Welton, Lincoln, Lincolnshire, LN2 3NS£250,000£238,000-£12,00028 Sep 202319 Dec 202382 Days
71 Rivehall Avenue, Welton, Lincoln, Lincolnshire, LN2 3LH£180,000£175,000-£5,00005 Sep 202317 Dec 2023103 Days
10 Ayam Close, Welton, Lincoln, Lincolnshire, LN2 3QG£440,000£435,000-£5,00018 Aug 202306 Nov 202380 Days
12 The Spinneys, Welton, Lincoln, Lincolnshire, LN2 3TU£180,000£180,000£0015 Jun 202315 Sep 202392 Days
16 Spring Court, Welton, Lincoln, Lincolnshire, LN2 3TF£229,950£220,000-£9,95018 Apr 202308 Sep 2023143 Days
12 Eastfield Lane, Welton, Lincoln, Lincolnshire, LN2 3NA£699,950£670,000-£29,95022 Apr 202222 Aug 2023487 Days
2 Gorehall Drive, Welton, Lincoln, Lincolnshire, LN2 3BP£210,000£205,000-£5,00029 Mar 202310 Aug 2023134 Days
6 Musgraves Orchard, Welton, Lincoln, Lincolnshire, LN2 3NP£350,000£350,000£0021 Apr 202303 Aug 2023104 Days
50 Northfield Road, Welton, Lincoln, Lincolnshire, LN2 3FF£375,000£375,000£0022 Mar 202303 Aug 2023134 Days
18 Westhall Road, Welton, Lincoln, Lincolnshire, LN2 3NR£280,000£277,500-£2,50010 Jan 202328 Jul 2023199 Days
27 Rivehall Avenue, Welton, Lincoln, Lincolnshire, LN2 3LH£210,000£185,000-£25,00007 Nov 202227 Jun 2023232 Days
13 Hackthorn Road, Welton, Lincoln, Lincolnshire, LN2 3LY£210,000£200,000-£10,00022 Mar 202309 Jun 202379 Days
2 The Wells, Welton, Lincoln, Lincolnshire, LN2 3FB£375,000£375,000£0005 Mar 202309 Jun 202396 Days
17 Westhall Road, Welton, Lincoln, Lincolnshire, LN2 3NR£300,000£297,500-£2,50019 Sep 202221 Apr 2023214 Days
20 Westhall Road, Welton, Lincoln, Lincolnshire, LN2 3NR£215,000£203,000-£12,00021 Sep 202224 Mar 2023184 Days
14 Beckhall, Welton, Lincoln, Lincolnshire, LN2 3LJ£340,000£315,000-£25,00016 Dec 202221 Mar 202395 Days
26 Hackthorn Road, Welton, Lincoln, Lincolnshire, LN2 3LY£460,000£450,000-£10,00018 Aug 202217 Mar 2023211 Days
17 Eagle Drive, Welton, Lincoln, Lincolnshire, LN2 3LP£230,000£213,000-£17,00027 Dec 202217 Mar 202380 Days
18 Eastfield Close, Welton, Lincoln, Lincolnshire, LN2 3NB£275,000£250,000-£25,00006 Dec 202210 Mar 202394 Days

Most Expensive Streets in Welton

PostcodeStreetAreaAverageNo. of Sales
LN2 3NDEastfield LaneWelton£594,0416
LN2 3NAEastfield LaneWelton£586,0003
LN2 3HZLincoln RoadWelton£506,6663
LN2 3JGVicarage LaneWelton£433,7504
LN2 3JFSudbeck LaneWelton£410,0005
LN2 3JQManor LaneWelton£405,0003
LN2 3JRPrebend LaneWelton£349,0004
LN2 3LJBeckhallWelton£334,50012
LN2 3JALincoln RoadWelton£325,8754
LN2 3DUReed LaneWelton£324,99625

Least Expensive Streets in Welton

PostcodeStreetAreaAverageNo. of Sales
LN2 3BPGorehall DriveWelton£164,6005
LN2 3LNSt Marys AvenueWelton£171,90911
LN2 3LRManor CourtWelton£173,0503
LN2 3BSHawks RoadWelton£176,0005
LN2 3TUThe SpinneysWelton£181,0628
LN2 3LQJohns CourtWelton£195,0004
LN2 3LHRivehall AvenueWelton£195,5628
LN2 3LPEagle DriveWelton£199,8754
LN2 3TFSpring CourtWelton£211,6005
LN2 3NSBrinkhall WayWelton£216,5628

Explore Welton and Neighbouring Area House Prices

Sell Your
House Fast
Property Auctions Lincolnshire
Property Auctions Lincolnshire
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark