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Weston House Prices Weston House Prices

The average house price in Weston is £192,000 using HM Land Registry data.

The average property price increased by £53,147 (27.49%) over the last 5 years and increased by £10,622 (4.5%) over the last 12 months.

Over the last year, there were 76 residential property sales – a decrease of 40 transactions (-52.63%) relative to the previous year. The majority of house sales (24) were in the £216,000 - £254,000 range. Then came properties in the £178,000 - £216,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,292 (-2%).

In April 2024, there were 13 new estate agency instructions, 17 agreed home sales and 10 property price reductions.

Postcodes Covered: DT5

5-Year Average Property Prices in Weston

27.49%

Property prices in Weston increased by 27.49% 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 Weston Over the Last Year

4.5%

Property prices in Weston increased by 4.5% 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 Weston - 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 Weston

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 Weston

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 Weston

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 Weston since 1995

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

Recent Property Sales in Weston

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
76 Furlands, Portland, Dorset, DT5 2LJ£230,000£220,000-£10,00007 Sep 202301 Mar 2024176 Days
49 Pound Piece, Portland, Dorset, DT5 2EY£265,000£262,500-£2,50026 Sep 202329 Feb 2024156 Days
31 Reforne, Portland, Dorset, DT5 2AL£280,000£275,000-£5,00028 Sep 202329 Jan 2024123 Days
8 Park Road, Easton, Portland, Dorset, DT5 2AD£325,000£325,000£0031 Oct 202317 Jan 202478 Days
97 Weston Road, Weston, Portland, Dorset, DT5 2DA£247,500£245,000-£2,50021 Jul 202320 Dec 2023152 Days
22 Haylands, Portland, Dorset, DT5 2JZ£150,000£150,000£0002 Feb 202308 Dec 2023309 Days
9 Court Barton, Portland, Dorset, DT5 2HJ£225,000£225,000£0006 Oct 202308 Dec 202363 Days
10 Easton Street, Portland, Dorset, DT5 1BT£180,000£175,000-£5,00012 Oct 202308 Dec 202357 Days
61 New Street, Portland, Dorset, DT5 1HQ£280,000£277,000-£3,00026 Jun 202304 Dec 2023161 Days
19 St Georges Road, Portland, Dorset, DT5 2AT£200,000£175,000-£25,00026 Jul 202324 Nov 2023121 Days
22 Westcliff Road, Portland, Dorset, DT5 2HP£260,000£250,000-£10,00019 May 202317 Nov 2023182 Days
12 New Street, Portland, Dorset, DT5 1HH£220,000£220,000£0015 Aug 202327 Oct 202373 Days
11 Four Acres, Portland, Dorset, DT5 2JG£365,000£365,000£0018 May 202325 Oct 2023160 Days
13 Furlands, Portland, Dorset, DT5 2LH£280,000£260,000-£20,00013 Jun 202325 Oct 2023134 Days
5 New Church Close, Portland, Dorset, DT5 1HL£425,000£425,000£0030 Jun 202313 Oct 2023105 Days
44 Park Estate Road, Portland, Dorset, DT5 2BL£250,000£242,500-£7,50005 May 202305 Oct 2023153 Days
67 Wakeham, Portland, Dorset, DT5 1HW£280,000£263,000-£17,00005 May 202305 Oct 2023153 Days
82 Grosvenor Road, Portland, Dorset, DT5 2BH£250,000£240,000-£10,00001 May 202328 Sep 2023150 Days
95 Easton Street, Portland, Dorset, DT5 1BP£325,000£320,000-£5,00024 Jun 202322 Sep 202390 Days
53 Pound Piece, Portland, Dorset, DT5 2EY£240,000£237,000-£3,00014 Dec 202221 Sep 2023281 Days

Most Expensive Streets in Weston

PostcodeStreetAreaAverageNo. of Sales
DT5 2DGWeston StreetPortland£367,5008
DT5 2AJFancys ClosePortland£348,6254
DT5 2ADPark RoadPortland£323,80713
DT5 1HHNew StreetPortland£301,8758
DT5 2BAClarence RoadPortland£294,0007
DT5 2DFWeston StreetPortland£292,3336
DT5 2JGFour AcresPortland£274,1254
DT5 1HQNew StreetPortland£271,7508
DT5 2ATSt Georges RoadPortland£266,20010
DT5 1HNWakehamPortland£264,2508

Least Expensive Streets in Weston

PostcodeStreetAreaAverageNo. of Sales
DT5 2JASavoy CourtWoolcombe Road£110,5004
DT5 2HECourtlands RoadPortland£111,3333
DT5 2HYCarless CourtWoolcombe Road£117,8839
DT5 2HDCourtlands RoadPortland£120,8333
DT5 2BNMontrose ClosePortland£132,8068
DT5 2JBBlindmere RoadPortland£135,0717
DT5 2BZWeston RoadPortland£140,7666
DT5 2JDMartinscroft RoadPortland£156,4378
DT5 2BLPark Estate RoadPortland£173,0005
DT5 2LBTobys ClosePortland£175,7188

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