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Acrefair and Cefn-mawr House Prices Acrefair and Cefn-mawr House Prices

The average house price in Acrefair and Cefn-mawr is £126,500 using HM Land Registry data.

The average property price increased by £26,965 (19.55%) over the last 5 years and increased by £5,389 (3.38%) over the last 12 months.

Over the last year, there were 50 residential property sales – a decrease of 9 transactions (-18.00%) relative to the previous year. The majority of house sales (11) were in the £140,000 - £160,000 range. Then came properties in the £160,000 - £180,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,897 (-3%).

In April 2024, there were 8 new estate agency instructions, 9 agreed home sales and 7 property price reductions.

Neighbouring Areas: Ruabon

Postcodes Covered: LL14

5-Year Average Property Prices in Acrefair and Cefn-mawr

19.55%

Property prices in Acrefair and Cefn-mawr increased by 19.55% 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 Acrefair and Cefn-mawr Over the Last Year

3.38%

Property prices in Acrefair and Cefn-mawr increased by 3.38% 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 Acrefair and Cefn-mawr - 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 Acrefair and Cefn-mawr

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 Acrefair and Cefn-mawr

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 Acrefair and Cefn-mawr

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 Acrefair and Cefn-mawr since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Acrefair and Cefn-mawr area since 1995.

Recent Property Sales in Acrefair and Cefn-mawr

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Ash Grove, Acrefair, Wrexham, LL14 3LD£167,500£167,500£0011 Oct 202311 Mar 2024152 Days
Kashmir, Hawthorn Avenue, Acrefair, Wrexham, LL14 3UE£340,000£300,000-£40,00022 May 202324 Jan 2024247 Days
35 Whalleys Way, Acrefair, Wrexham, LL14 3UL£125,000£122,000-£3,00021 Jun 202305 Jan 2024198 Days
75 Cae Gwilym Lane, Cefn Mawr, Wrexham, LL14 3LS£169,950£169,950£0012 Jul 202320 Oct 2023100 Days
58 Hampden Way, Acrefair, Wrexham, LL14 3UR£160,000£151,000-£9,00005 Apr 202316 Oct 2023194 Days
89 Whalleys Way, Acrefair, Wrexham, LL14 3UN£125,000£122,000-£3,00009 Jun 202315 Sep 202398 Days
21 Heol Berwyn, Cefn Mawr, Wrexham, LL14 3NB£155,000£151,000-£4,00006 Apr 202311 Sep 2023158 Days
73 Cae Gwilym Lane, Cefn Mawr, Wrexham, LL14 3LS£190,000£190,000£0012 May 202305 Sep 2023116 Days
52 Cae Gwilym Lane, Cefn Mawr, Wrexham, LL14 3LT£158,000£148,000-£10,00030 Mar 202304 Sep 2023158 Days
Willow Brook, Bowers Road, Acrefair, Wrexham, LL14 3TE£300,000£285,000-£15,00001 Sep 202201 Sep 2023365 Days
56 Cae Gwilym Lane, Cefn Mawr, Wrexham, LL14 3LT£130,000£115,000-£15,00018 Apr 202325 Aug 2023129 Days
Tanglewood, Park Road, Newbridge, Wrexham, LL14 3YY£325,000£325,000£0020 Mar 202317 Aug 2023150 Days
25 High Street, Rhosymedre, Wrexham, LL14 3YE£85,000£78,000-£7,00022 Mar 202317 Aug 2023148 Days
Fernleigh, Llangollen Road, Acrefair, Wrexham, LL14 3RY£163,000£160,000-£3,00016 Mar 202316 Aug 2023153 Days
9 Trefynant Park, Acrefair, Wrexham, LL14 3SR£169,950£157,000-£12,95005 May 202311 Aug 202398 Days
Minafon, Llangollen Road, Acrefair, Wrexham, LL14 3RU£220,000£204,000-£16,00003 Apr 202331 Jul 2023119 Days
17 Ffordd Offa, Cefn Mawr, Wrexham, LL14 3RD£155,000£150,000-£5,00003 May 202328 Jul 202386 Days
Ty Gwyn, Cae Coch Lane, Cefn Mawr, Wrexham, LL14 3DN£130,000£122,000-£8,00020 Mar 202324 Jul 2023126 Days
18 Ffordd Offa, Cefn Mawr, Wrexham, LL14 3RD£185,000£185,000£0014 Nov 202203 Jul 2023231 Days
29 Ffordd Offa, Cefn Mawr, Wrexham, LL14 3RD£170,000£170,000£0005 Jan 202319 Jun 2023165 Days

Most Expensive Streets in Acrefair and Cefn-mawr

PostcodeStreetAreaAverageNo. of Sales
LL14 3LJRhuddlan RoadAcrefair£280,7504
LL14 3BZCefn GlasCefn Mawr£259,7504
LL14 3JLShort LaneNewbridge£231,8333
LL14 3TTBethania RoadAcrefair£198,2504
LL14 3PECae Gwilym LaneCefn Mawr£185,9833
LL14 3TBChapel StreetAcrefair£180,7504
LL14 3SRTrefynant ParkAcrefair£177,16212
LL14 3JWMiddle StreetNewbridge£176,3333
LL14 3SECaer EfailAcrefair£175,0003
LL14 3TJDee Valley CourtAcrefair£170,8333

Least Expensive Streets in Acrefair and Cefn-mawr

PostcodeStreetAreaAverageNo. of Sales
LL14 3YPPark RoadRhosymedre£101,0003
LL14 3YEHigh StreetRhosymedre£105,5559
LL14 3NDHeol CefnyddCefn Mawr£107,9905
LL14 3RLMaelor TerraceAcrefair£109,8333
LL14 3REBrooklynKing Street, Cefn Mawr£117,0003
LL14 3AWEbenezer TerraceCefn Mawr£123,0004
LL14 3LTCae Gwilym LaneCefn Mawr£124,3333
LL14 3BYHigh StreetCefn Mawr£125,2503
LL14 3DJNewbridge RoadNewbridge£125,3333
LL14 3NBHeol BerwynCefn Mawr£125,6663

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