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Wivenhoe House Prices Wivenhoe House Prices

The average house price in Wivenhoe is £412,833 using HM Land Registry data.

The average property price increased by £115,241 (37.38%) over the last 5 years and increased by £23,032 (5.75%) over the last 12 months.

Over the last year, there were 94 residential property sales – a decrease of 40 transactions (-42.55%) relative to the previous year. The majority of house sales (26) were in the £250,000 - £330,000 range. Then came properties in the £330,000 - £410,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 91 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,478 (-2%).

In April 2024, there were 19 new estate agency instructions, 10 agreed home sales and 10 property price reductions.

Postcodes Covered: CO7

5-Year Average Property Prices in Wivenhoe

37.38%

Property prices in Wivenhoe increased by 37.38% 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 Wivenhoe Over the Last Year

5.75%

Property prices in Wivenhoe increased by 5.75% 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 Wivenhoe - 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 Wivenhoe

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 Wivenhoe

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 Wivenhoe

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 Wivenhoe since 1995

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

Recent Property Sales in Wivenhoe

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 The Avenue, Wivenhoe, Colchester, Essex, CO7 9AH£280,000£275,000-£5,00006 Nov 202309 Feb 202495 Days
6 Feedhams Close, Wivenhoe, Colchester, Essex, CO7 9HZ£355,000£340,000-£15,00027 Mar 202308 Feb 2024318 Days
26 Parkwood Avenue, Wivenhoe, Colchester, Essex, CO7 9AN£450,000£425,000-£25,00002 Nov 202302 Feb 202492 Days
3 Feedhams Close, Wivenhoe, Colchester, Essex, CO7 9HZ£350,000£330,000-£20,00006 Nov 202326 Jan 202481 Days
2 Spindrift Way, Wivenhoe, Colchester, Essex, CO7 9GW£395,000£380,000-£15,00016 Aug 202319 Jan 2024156 Days
32 Mede Way, Wivenhoe, Colchester, Essex, CO7 9HW£350,000£345,000-£5,00029 Aug 202318 Dec 2023111 Days
54 Britannia Crescent, Wivenhoe, Colchester, Essex, CO7 9PE£325,000£325,000£0002 Aug 202315 Dec 2023135 Days
34 Mede Way, Wivenhoe, Colchester, Essex, CO7 9HW£320,000£310,000-£10,00009 Oct 202315 Dec 202367 Days
5 The Avenue, Wivenhoe, Colchester, Essex, CO7 9AH£595,000£595,000£0006 Apr 202312 Dec 2023250 Days
40 Belle Vue Road, Wivenhoe, Colchester, Essex, CO7 9LD£525,000£522,000-£3,00002 Jun 202308 Dec 2023189 Days
63 Heath Road, Wivenhoe, Colchester, Essex, CO7 9PX£330,000£315,000-£15,00030 Jun 202310 Nov 2023133 Days
81 Broome Grove, Wivenhoe, Colchester, Essex, CO7 9QT£370,000£357,500-£12,50005 Jul 202331 Oct 2023118 Days
23 Elizabeth Way, Wivenhoe, Colchester, Essex, CO7 9JA£275,000£275,000£0018 May 202329 Sep 2023134 Days
79 Chaney Road, Wivenhoe, Colchester, Essex, CO7 9RR£325,000£325,000£0029 Mar 202320 Sep 2023175 Days
99 Ernest Road, Wivenhoe, Colchester, Essex, CO7 9LJ£575,000£545,000-£30,00021 Jun 202315 Sep 202386 Days
38 Belle Vue Road, Wivenhoe, Colchester, Essex, CO7 9LD£500,000£490,000-£10,00021 Mar 202312 Sep 2023175 Days
13 Claremont Road, Wivenhoe, Colchester, Essex, CO7 9NN£350,000£347,000-£3,00009 May 202307 Sep 2023121 Days
28 Alma Street, Wivenhoe, Colchester, Essex, CO7 9DL£280,000£275,000-£5,00022 Mar 202307 Sep 2023169 Days
4 Beech Avenue, Wivenhoe, Colchester, Essex, CO7 9AR£650,000£650,000£0001 Sep 202301 Sep 20230 Days
St. Ives, Alresford Road, Wivenhoe, Colchester, Essex, CO7 9JU£980,000£960,000-£20,00007 Jun 202331 Aug 202385 Days

Most Expensive Streets in Wivenhoe

PostcodeStreetAreaAverageNo. of Sales
CO7 9FLPalmer GardensWivenhoe£988,3333
CO7 9FJCooks CrescentWivenhoe£726,2504
CO7 9FFWalter Radcliffe RoadWivenhoe£582,5004
CO7 9LSPark RoadWivenhoe£570,0004
CO7 9ALThe AvenueWivenhoe£554,3333
CO7 9TFWest QuayWivenhoe£508,50012
CO7 9DEWest StreetWivenhoe£490,8333
CO7 9LDBelle Vue RoadWivenhoe£489,96113
CO7 9SWOld Ferry RoadWivenhoe£487,30010
CO7 9APWoodland WayWivenhoe£484,7504

Least Expensive Streets in Wivenhoe

PostcodeStreetAreaAverageNo. of Sales
CO7 9EYJames CloseWivenhoe£140,5006
CO7 9QSTrickett CourtVanessa Drive£189,1663
CO7 9DTPaget RoadWivenhoe£192,5003
CO7 9HFHenrietta CloseWivenhoe£201,2857
CO7 9DHStation RoadWivenhoe£207,8995
CO7 9EXLeys RoadWivenhoe£232,4005
CO7 9SDCaroline CloseWivenhoe£234,5005
CO7 9SBHereward CloseWivenhoe£241,8336
CO7 9JAElizabeth WayWivenhoe£242,8758
CO7 9JQRichard AvenueWivenhoe£248,3505

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