The average property value in Bassetlaw is £206,464 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Bassetlaw grew by £10,452. Compare house prices by area
Average property prices in Bassetlaw grew by 5.3% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 3.6% per year.
If prices in Bassetlaw continue to rise by 3.6% a year, the average property price will be £237,735 in 2025.
There were 1,656 property sales in Bassetlaw in the year ending June 2021, a decrease of 107 when compared to the previous year.
The average price for a house in Bassetlaw ranges from £124,468 for a terraced house to £288,376 for a detached house, with semi-detached in between costing on average £154,017.
The average price for a flat or maisonette in Bassetlaw is £95,130.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Bassetlaw, detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 42.8% from £201,894 to £288,376, semi-detached house prices have risen 37.2% from £112,249 to £154,017, terraced house prices have risen 26.5% from £98,366 to £124,468, and flat prices have fallen 3.6% from £98,654 to £95,130.
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The most common type of property sold in Bassetlaw during the year ending June 2021 was detached houses, which accounted for 43.2% of properties.
The least commonly available type of property sold in Bassetlaw were flats, which account for 1.4% of properties sold.
Of the properties sold in Bassetlaw during 2021, 3.0% were new build properties.
The average price paid for a new build property in Bassetlaw was £85,833 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (73% of new build properties sold). For existing properties, the most common type is detached houses (44% of existing properties sold).
The most common price band for property sales in Bassetlaw is £100k - £150k, which accounted for 16.6% of properties sold in 2021.
The cheapest properties in Bassetlaw were in the under £50k price bracket, accounting for 0.1% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics