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Elworth House Prices Elworth House Prices

The average house price in Elworth is £263,500 using HM Land Registry data.

The average property price increased by £68,284 (32.31%) over the last 5 years and increased by £13,647 (5.13%) over the last 12 months.

Over the last year, there were 107 residential property sales – a decrease of 34 transactions (-31.78%) relative to the previous year. The majority of house sales (33) were in the £200,000 - £250,000 range. Then came properties in the £150,000 - £200,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 46 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,685 (-3%).

In April 2024, there were 22 new estate agency instructions, 16 agreed home sales and 12 property price reductions.

Neighbouring Areas: Sandbach

Postcodes Covered: CW11

5-Year Average Property Prices in Elworth

32.31%

Property prices in Elworth increased by 32.31% 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 Elworth Over the Last Year

5.13%

Property prices in Elworth increased by 5.13% 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 Elworth - 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 Elworth

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 Elworth

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 Elworth

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 Elworth since 1995

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

Recent Property Sales in Elworth

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Coleridge Close, Sandbach, Cheshire East, CW11 3NN£210,000£206,000-£4,00005 Sep 202323 Feb 2024171 Days
3 Elton Crossings Road, Sandbach, Cheshire East, CW11 3HS£395,000£365,000-£30,00024 May 202316 Feb 2024268 Days
44 Ruscoe Avenue, Sandbach, Cheshire East, CW11 3HG£220,000£215,000-£5,00008 Jul 202315 Dec 2023160 Days
16 Delamere Close, Sandbach, Cheshire East, CW11 1XY£400,000£395,000-£5,00004 Jul 202308 Dec 2023157 Days
7 Grange Way, Sandbach, Cheshire East, CW11 1ES£390,000£365,000-£25,00018 May 202310 Nov 2023176 Days
3 Eva Street, Sandbach, Cheshire East, CW11 3BP£215,000£210,000-£5,00017 Jul 202306 Nov 2023112 Days
37 Milton Way, Ettiley Heath, Sandbach, Cheshire East, CW11 3GJ£180,000£172,500-£7,50003 Jul 202303 Nov 2023123 Days
18 Marsh Green Road, Sandbach, Cheshire East, CW11 3BH£230,000£210,000-£20,00024 Apr 202327 Oct 2023186 Days
12 Gowy Close, Sandbach, Cheshire East, CW11 1YF£225,000£205,000-£20,00021 Jun 202327 Oct 2023128 Days
42 Arley Walk, Ettiley Heath, Sandbach, Cheshire East, CW11 3ZN£350,000£340,000-£10,00002 Jul 202326 Oct 2023116 Days
51 Ruscoe Avenue, Sandbach, Cheshire East, CW11 3HG£170,000£170,000£0001 Jun 202316 Oct 2023137 Days
29 Cumbermere Drive, Elworth, Sandbach, Cheshire East, CW11 1WH£190,000£185,000-£5,00003 May 202313 Oct 2023163 Days
42 George Street, Elworth, Sandbach, Cheshire East, CW11 3BL£175,000£165,000-£10,00019 Apr 202312 Oct 2023176 Days
5 King Street, Elworth, Sandbach, Cheshire East, CW11 3BS£475,000£455,000-£20,00018 May 202306 Oct 2023141 Days
13 Crabmill Drive, Elworth, Sandbach, Cheshire East, CW11 3HX£250,000£247,500-£2,50005 Apr 202321 Sep 2023169 Days
18 Rutland Close, Sandbach, Cheshire East, CW11 3NX£155,000£150,000-£5,00021 Apr 202315 Sep 2023147 Days
20 London Road, Sandbach, Cheshire East, CW11 3BD£160,000£152,500-£7,50017 May 202315 Sep 2023121 Days
3 Roman Way, Elworth, Sandbach, Cheshire East, CW11 3EN£375,000£370,000-£5,00023 Jun 202329 Aug 202367 Days
75 Grange Way, Sandbach, Cheshire East, CW11 1ES£400,000£390,000-£10,00003 Jul 202329 Aug 202357 Days
1 Richardson Close, Elworth, Sandbach, Cheshire East, CW11 3GU£300,000£300,000£0014 Apr 202325 Aug 2023133 Days

Most Expensive Streets in Elworth

PostcodeStreetAreaAverageNo. of Sales
CW11 3JWMoss LaneElworth£581,58510
CW11 3BELondon RoadSandbach£535,0004
CW11 1JDMiddlewich RoadSandbach£462,3577
CW11 3DJAlpine Echoes CloseElworth£431,9005
CW11 1EHMiddlewich RoadSandbach£400,6254
CW11 3ARTeddy Gray AvenueElworth£385,6663
CW11 3EJMiddlewich RoadSandbach£385,0004
CW11 3NAProctors LaneEttiley Heath£360,0003
CW11 1JWOrchard PlaceSandbach£350,7374
CW11 3BSKing StreetElworth£346,8333

Least Expensive Streets in Elworth

PostcodeStreetAreaAverageNo. of Sales
CW11 3JEHill StreetSandbach£127,5003
CW11 3GARandle Bennett CloseElworth£127,8326
CW11 3JFNew StreetElworth£134,2504
CW11 3NXRutland CloseSandbach£148,6119
CW11 3HWGibson CrescentSandbach£149,9517
CW11 3SEWilliam Foden CloseElworth£150,0005
CW11 1XTBrookmere CloseSandbach£150,4166
CW11 3FXAusten CloseEttiley Heath£154,3005
CW11 3SDEric DriveElworth£158,3333
CW11 3LZHind Heath RoadSandbach£159,3333

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