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Wetherby House Prices Wetherby House Prices

The average house price in Wetherby is £304,363 using HM Land Registry data.

The average property price increased by £37,031 (10.48%) over the last 5 years and increased by £7,401 (1.93%) over the last 12 months.

Over the last year, there were 175 residential property sales – a decrease of 36 transactions (-20.57%) relative to the previous year. The majority of house sales (36) were in the £246,000 - £332,000 range. Then came properties in the £160,000 - £246,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,543 (-2%).

In April 2024, there were 26 new estate agency instructions, 20 agreed home sales and 12 property price reductions.

Postcodes Covered: LS22

5-Year Average Property Prices in Wetherby

10.48%

Property prices in Wetherby increased by 10.48% 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 Wetherby Over the Last Year

1.93%

Property prices in Wetherby increased by 1.93% 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 Wetherby - 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 Wetherby

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 Wetherby

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 Wetherby

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 Wetherby since 1995

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

Recent Property Sales in Wetherby

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Kings Meadow Close, Wetherby, West Yorkshire, LS22 7FU£170,000£165,000-£5,00021 Oct 202315 Mar 2024146 Days
14 Lazenby Drive, Wetherby, West Yorkshire, LS22 6WL£700,000£680,000-£20,00029 Jan 202411 Mar 202442 Days
19 Law Close, Wetherby, West Yorkshire, LS22 7FB£235,000£235,000£0006 Jul 202301 Mar 2024239 Days
7 Sandringham Road, Wetherby, West Yorkshire, LS22 6PG£329,950£325,000-£4,95017 Nov 202326 Feb 2024101 Days
3 Thirlmere Drive, Wetherby, West Yorkshire, LS22 6FE£375,000£335,000-£40,00001 Aug 202321 Feb 2024204 Days
19 Kings Meadow Close, Wetherby, West Yorkshire, LS22 7FU£220,000£215,000-£5,00026 Sep 202331 Jan 2024127 Days
16 Farriers Court, Wetherby, West Yorkshire, LS22 6AE£210,000£205,000-£5,00006 Apr 202326 Jan 2024295 Days
6 Syke Road, Wetherby, West Yorkshire, LS22 6LA£230,000£225,000-£5,00028 Jul 202305 Jan 2024161 Days
47 Spofforth Hill, Wetherby, West Yorkshire, LS22 6SF£449,950£435,000-£14,95013 Oct 202319 Dec 202367 Days
12 Freemans Way, Wetherby, West Yorkshire, LS22 6YW£170,000£163,000-£7,00018 Aug 202315 Dec 2023119 Days
2 North Grove Crescent, Wetherby, West Yorkshire, LS22 7PY£550,000£545,000-£5,00005 Oct 202308 Dec 202364 Days
41 Meyrick Avenue, Wetherby, West Yorkshire, LS22 6SP£350,000£338,000-£12,00010 Jul 202307 Dec 2023150 Days
3 Buttermere Avenue, Wetherby, West Yorkshire, LS22 6YZ£499,950£485,000-£14,95024 Apr 202330 Nov 2023220 Days
19 Kings Meadow Drive, Wetherby, West Yorkshire, LS22 7FS£270,000£257,500-£12,50014 Jun 202327 Nov 2023166 Days
8 Eel Mires Garth, Wetherby, West Yorkshire, LS22 7TQ£440,000£435,000-£5,00012 May 202324 Nov 2023196 Days
6 The Chase, Wetherby, West Yorkshire, LS22 6YU£265,000£255,000-£10,00018 Jul 202310 Nov 2023115 Days
31 Hall Orchards Avenue, Wetherby, West Yorkshire, LS22 6SN£250,000£245,000-£5,00002 Jun 202303 Nov 2023154 Days
11a, Aire Road, Wetherby, West Yorkshire, LS22 7UE£265,000£249,000-£16,00001 Jun 202302 Nov 2023154 Days
42 Hallfield Lane, Wetherby, West Yorkshire, LS22 6JT£180,000£173,000-£7,00031 Mar 202302 Nov 2023216 Days
15 Badgerwood Glade, Wetherby, West Yorkshire, LS22 7XR£425,000£395,000-£30,00010 May 202323 Oct 2023166 Days

Most Expensive Streets in Wetherby

PostcodeStreetAreaAverageNo. of Sales
LS22 6SESpofforth HillWetherby£895,0005
LS22 5FEIngs WalkWetherby£875,0003
LS22 6ASIngbarrow GateWetherby£694,2005
LS22 6BHWentworth StreetWetherby£693,80521
LS22 6SFSpofforth HillWetherby£627,5003
LS22 6XDWentworth GateWetherby£605,8333
LS22 6GTOak RidgeWetherby£580,4166
LS22 6DPAmbleside WalkWetherby£580,0113
LS22 6SARaby ParkWetherby£576,3905
LS22 6BAEzart AvenueWetherby£566,00830

Least Expensive Streets in Wetherby

PostcodeStreetAreaAverageNo. of Sales
LS22 6AFWestgateWetherby£129,1005
LS22 5RFHallfield CourtWetherby£133,5378
LS22 7TEThe GrangeDeighton Road£144,05129
LS22 6TRSchool RoadWetherby£149,1663
LS22 7GBNorth Grove CourtWetherby£157,2229
LS22 7BBPoppy FieldsDeighton Road£163,0005
LS22 7FEAudby CourtWetherby£169,2005
LS22 7AJMarston HouseWalkers Court£174,1258
LS22 6JLFirst AvenueWetherby£185,4874
LS22 6TYLeconfield CourtWetherby£191,23410

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