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Withernsea House Prices Withernsea House Prices

The average house price in Withernsea is £94,750 using HM Land Registry data.

The average property price increased by £46,816 (43.94%) over the last 5 years and increased by £9,356 (6.5%) over the last 12 months.

Over the last year, there were 76 residential property sales – a decrease of 36 transactions (-47.37%) relative to the previous year. The majority of house sales (18) were in the £80,000 - £112,000 range. Then came properties in the £112,000 - £144,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 148 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,597 (-2%).

In April 2024, there were 16 new estate agency instructions, 11 agreed home sales and 13 property price reductions.

Postcodes Covered: HU19

5-Year Average Property Prices in Withernsea

43.94%

Property prices in Withernsea increased by 43.94% 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 Withernsea Over the Last Year

6.5%

Property prices in Withernsea increased by 6.5% 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 Withernsea - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Withernsea

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 Withernsea

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 Withernsea

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 Withernsea since 1995

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

Recent Property Sales in Withernsea

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
317 Queen Street, Withernsea, East Riding Of Yorkshire, HU19 2NT£195,000£195,000£0003 Oct 202312 Mar 2024161 Days
7 Chestnut Avenue, Withernsea, East Riding Of Yorkshire, HU19 2PG£112,500£112,500£0018 Sep 202308 Mar 2024172 Days
9 Seacroft Road, Withernsea, East Riding Of Yorkshire, HU19 2NY£135,000£134,000-£1,00014 Oct 202319 Feb 2024128 Days
56 Beaconsfield, Withernsea, East Riding Of Yorkshire, HU19 2EP£165,000£163,000-£2,00011 Sep 202319 Feb 2024161 Days
5a, Seacroft Road, Withernsea, East Riding Of Yorkshire, HU19 2NY£165,000£165,000£0008 Jun 202319 Feb 2024256 Days
52 Egroms Lane, Withernsea, East Riding Of Yorkshire, HU19 2LZ£150,000£150,000£0002 Aug 202315 Feb 2024197 Days
54 Park Avenue, Withernsea, East Riding Of Yorkshire, HU19 2JU£128,000£120,000-£8,00025 Oct 202326 Jan 202493 Days
38 Arthur Street, Withernsea, East Riding Of Yorkshire, HU19 2AB£90,000£80,000-£10,00006 Apr 202326 Jan 2024295 Days
12 St Nicholas Park, Withernsea, East Riding Of Yorkshire, HU19 2JL£110,000£100,000-£10,00001 Sep 202325 Jan 2024146 Days
12 Chestnut Avenue, Withernsea, East Riding Of Yorkshire, HU19 2PG£200,000£185,000-£15,00009 Mar 202303 Jan 2024300 Days
60 Park Avenue, Withernsea, East Riding Of Yorkshire, HU19 2JU£89,950£85,000-£4,95024 Oct 202315 Dec 202352 Days
21 Seacroft Road, Withernsea, East Riding Of Yorkshire, HU19 2NY£135,000£125,000-£10,00028 Feb 202308 Dec 2023283 Days
11a, Hubert Street, Withernsea, East Riding Of Yorkshire, HU19 2AT£165,000£165,000£0008 May 202218 Nov 2023559 Days
11 Holmpton Road, Withernsea, East Riding Of Yorkshire, HU19 2QD£280,000£275,000-£5,00013 Jun 202303 Nov 2023143 Days
20 The Promenade, Withernsea, East Riding Of Yorkshire, HU19 2DP£219,000£202,500-£16,50016 Aug 202302 Nov 202378 Days
70 Withernsea Road, Withernsea, East Riding Of Yorkshire, HU19 2PN£270,000£270,000£0007 Feb 202330 Oct 2023265 Days
7 Northfield, Withernsea, East Riding Of Yorkshire, HU19 2BA£85,000£79,000-£6,00011 Aug 202310 Oct 202360 Days
27 The Promenade, Withernsea, East Riding Of Yorkshire, HU19 2DW£240,000£237,500-£2,50019 Apr 202322 Sep 2023156 Days
18 Beaconsfield, Withernsea, East Riding Of Yorkshire, HU19 2EP£145,000£130,000-£15,00008 Mar 202322 Sep 2023198 Days
10 Lee Avenue, Withernsea, East Riding Of Yorkshire, HU19 2HR£125,000£125,000£0031 Mar 202320 Sep 2023173 Days

Most Expensive Streets in Withernsea

PostcodeStreetAreaAverageNo. of Sales
HU19 2EGHull RoadWithernsea£240,6005
HU19 2PJHollym RoadWithernsea£233,8336
HU19 2NXQueen StreetWithernsea£213,9995
HU19 2QDHolmpton RoadWithernsea£203,50010
HU19 2PLHollym RoadWithernsea£191,9449
HU19 2PHChestnut GroveWithernsea£191,8333
HU19 2ENChellswayWithernsea£181,6663
HU19 2DPThe PromenadeWithernsea£180,8333
HU19 2DFClover DriveWithernsea£177,6663
HU19 2PYNewsham GardensWithernsea£177,5004

Least Expensive Streets in Withernsea

PostcodeStreetAreaAverageNo. of Sales
HU19 2AAEdward StreetWithernsea£58,3124
HU19 2ALAlma StreetWithernsea£71,7754
HU19 2HUSouth Cliff RoadWithernsea£87,1258
HU19 2BANorthfieldWithernsea£89,0004
HU19 2LDKirkfield RoadWithernsea£92,9005
HU19 2AWCammidge StreetWithernsea£94,1188
HU19 2DXYoung StreetWithernsea£94,1663
HU19 2LYCherry Tree AvenueWithernsea£97,6663
HU19 2DTBannister StreetWithernsea£99,5839
HU19 2ABArthur StreetWithernsea£99,6254

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