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Wick House Prices Wick House Prices

The average house price in Wick is £292,500 using HM Land Registry data.

The average property price increased by £52,447 (19.86%) over the last 5 years and increased by £10,482 (3.42%) over the last 12 months.

Over the last year, there were 108 residential property sales – a decrease of 108 transactions (-100.00%) relative to the previous year. The majority of house sales (30) were in the £252,000 - £298,000 range. Then came properties in the £206,000 - £252,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,225 (-1%).

In April 2024, there were 39 new estate agency instructions, 23 agreed home sales and 26 property price reductions.

Neighbouring Areas: Littlehampton

Postcodes Covered: BN17

5-Year Average Property Prices in Wick

19.86%

Property prices in Wick increased by 19.86% 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 Wick Over the Last Year

3.42%

Property prices in Wick increased by 3.42% 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 Wick - 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 Wick

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 Wick

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 Wick

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 Wick since 1995

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

Recent Property Sales in Wick

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Peel Close, Wick, Littlehampton, West Sussex, BN17 7HP£389,950£387,000-£2,95002 Sep 202316 Feb 2024167 Days
30 Toddington Park, Wick, Littlehampton, West Sussex, BN17 6JZ£585,000£585,000£0022 Aug 202309 Feb 2024171 Days
21 Seaton Park, Wick, Littlehampton, West Sussex, BN17 7PF£320,000£320,000£0004 Aug 202315 Dec 2023133 Days
97 Highdown Drive, Wick, Littlehampton, West Sussex, BN17 6HT£390,000£385,000-£5,00019 Apr 202307 Dec 2023232 Days
5 Kestrel Way, Wick, Littlehampton, West Sussex, BN17 7RD£365,000£365,000£0004 Sep 202307 Dec 202394 Days
34 Beaconsfield Road, Wick, Littlehampton, West Sussex, BN17 6LN£244,950£225,000-£19,95003 Feb 202329 Nov 2023299 Days
59 Sussex Street, Wick, Littlehampton, West Sussex, BN17 6JD£260,000£252,500-£7,50026 Jul 202324 Nov 2023121 Days
4 Helyers Green, Wick, Littlehampton, West Sussex, BN17 7HB£295,000£275,850-£19,15029 Jun 202310 Nov 2023134 Days
19 Beaconsfield Road, Wick, Littlehampton, West Sussex, BN17 6LW£280,000£273,000-£7,00024 Aug 202310 Nov 202378 Days
100 Clun Road, Wick, Littlehampton, West Sussex, BN17 7EB£350,000£300,000-£50,00030 Mar 202326 Oct 2023210 Days
31 Colebrook Road, Wick, Littlehampton, West Sussex, BN17 7NS£280,000£274,000-£6,00018 Apr 202331 Aug 2023135 Days
50 West Way, Wick, Littlehampton, West Sussex, BN17 7NA£279,950£275,000-£4,95025 May 202309 Aug 202376 Days
5 Sandfield Avenue, Wick, Littlehampton, West Sussex, BN17 7LL£275,000£257,000-£18,00023 Mar 202307 Aug 2023137 Days
10 Kestrel Way, Wick, Littlehampton, West Sussex, BN17 7RD£210,000£207,000-£3,00010 May 202304 Aug 202386 Days
8 North Street, Wick, Littlehampton, West Sussex, BN17 6JJ£129,950£125,000-£4,95009 Mar 201304 Aug 20233800 Days
5 Sussex Street, Wick, Littlehampton, West Sussex, BN17 6JD£259,950£252,500-£7,45005 May 202331 Jul 202387 Days
85 Colebrook Road, Wick, Littlehampton, West Sussex, BN17 7NU£295,000£290,000-£5,00024 Jan 202316 Jun 2023143 Days
1 Mill Lane, Wick, Littlehampton, West Sussex, BN17 7PH£300,000£285,000-£15,00030 Jan 202315 Jun 2023136 Days
Rellima, Malthouse Passage, Wick, Littlehampton, West Sussex, BN17 6JA£285,000£283,000-£2,00020 Nov 202202 Jun 2023194 Days
30 Linnet Close, Wick, Littlehampton, West Sussex, BN17 7GW£325,000£320,000-£5,00006 Feb 202331 May 2023114 Days

Most Expensive Streets in Wick

PostcodeStreetAreaAverageNo. of Sales
BN17 6JYInglecroft GardensWick£586,4287
BN17 6JZToddington ParkWick£493,1427
BN17 7DAPeachey WayLittlehampton£487,0005
BN17 7GXKingfisher DriveLittlehampton£458,6427
BN17 6GNSteele CrescentWick£446,2504
BN17 7AZBattin LaneLittlehampton£425,05010
BN17 7GHBanks GardensWick£423,0004
BN17 6JUBarn CloseWick£398,6663
BN17 7SNTrevett PlaceWick£391,3333
BN17 6HDMadehurst WayLittlehampton£379,8333

Least Expensive Streets in Wick

PostcodeStreetAreaAverageNo. of Sales
BN17 6GXGratwicke DriveWick£85,6663
BN17 6FRCheal WayWick£88,1005
BN17 7FQBlackbourne ChaseLittlehampton£115,2605
BN17 6FXHollist ChaseWick£178,1119
BN17 6GFStammer RoadWick£180,55010
BN17 6JRGlobe PlaceWick£186,7504
BN17 6JJNorth StreetWick£190,3875
BN17 7HLWick Farm RoadWick£190,6124
BN17 7JJWick StreetWick£194,1663
BN17 6GQButts MeadWick£194,29112

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