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Gobowen House Prices Gobowen House Prices

The average house price in Gobowen is £192,600 using HM Land Registry data.

The average property price increased by £76,671 (46.96%) over the last 5 years and increased by £15,323 (6.82%) over the last 12 months.

Over the last year, there were 40 residential property sales – a decrease of 31 transactions (-77.50%) relative to the previous year. The majority of house sales (9) were in the £110,000 - £148,000 range. Then came properties in the £186,000 - £224,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 26 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,349 (-3%).

In April 2024, there were 6 new estate agency instructions, 7 agreed home sales and 4 property price reductions.

Postcodes Covered: SY10, SY11

5-Year Average Property Prices in Gobowen

46.96%

Property prices in Gobowen increased by 46.96% 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 Gobowen Over the Last Year

6.82%

Property prices in Gobowen increased by 6.82% 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 Gobowen - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Gobowen

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 Gobowen

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 Gobowen

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 Gobowen since 1995

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

Recent Property Sales in Gobowen

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 St Davids Close, Gobowen, Oswestry, Shropshire, SY11 3JF£224,950£216,500-£8,45022 Jul 202315 Mar 2024237 Days
3 Meadow Drive, Gobowen, Oswestry, Shropshire, SY11 3PU£178,000£178,000£0028 Sep 202320 Dec 202383 Days
4 Henlle Close, Gobowen, Oswestry, Shropshire, SY11 3NX£290,000£280,000-£10,00006 Jul 202313 Dec 2023160 Days
Taymoss, School Lane, Gobowen, Oswestry, Shropshire, SY11 3LD£279,995£275,000-£4,99512 May 202314 Nov 2023186 Days
89 Old Chirk Road, Gobowen, Oswestry, Shropshire, SY11 3NT£350,000£335,000-£15,00006 Apr 202314 Nov 2023222 Days
50 Fernhill Lane, Gobowen, Oswestry, Shropshire, SY11 3PP£250,000£240,000-£10,00004 Jul 202303 Nov 2023122 Days
1 New Road, Gobowen, Oswestry, Shropshire, SY11 3JH£90,000£90,000£0026 Jul 202306 Oct 202372 Days
7 Ashcroft Close, Gobowen, Oswestry, Shropshire, SY11 3LN£340,000£315,000-£25,00002 Aug 202310 Aug 20238 Days
Lyncroft, St Martins Road, Gobowen, Oswestry, Shropshire, SY11 3PE£235,000£230,000-£5,00028 Feb 202310 Aug 2023163 Days
3 Ashcroft Close, Gobowen, Oswestry, Shropshire, SY11 3LN£290,000£267,500-£22,50016 Jan 202310 Aug 2023206 Days
Mulberry, Station Road, Gobowen, Oswestry, Shropshire, SY11 3JS£189,995£186,000-£3,99505 May 202309 Aug 202396 Days
9 Old St Martins Road, Gobowen, Oswestry, Shropshire, SY11 3JY£140,000£137,000-£3,00028 Apr 202314 Jul 202377 Days
Rockmead, Old Whittington Road, Gobowen, Oswestry, Shropshire, SY11 3JE£230,000£225,000-£5,00010 Feb 202307 Jul 2023147 Days
15 Foxs Field, Gobowen, Oswestry, Shropshire, SY11 3PR£215,000£210,000-£5,00020 Mar 202325 May 202366 Days
16 Pen Y Cae Close, Gobowen, Oswestry, Shropshire, SY10 7UE£199,950£192,000-£7,95008 Mar 202311 May 202364 Days
Malvern, Chirk Road, Gobowen, Oswestry, Shropshire, SY11 3LB£250,000£243,000-£7,00024 Dec 202231 Mar 202397 Days
Coneybury, St Martins Road, Gobowen, Oswestry, Shropshire, SY11 3NP£295,000£290,000-£5,00022 Jul 202209 Dec 2022140 Days
Station View, Station Road, Gobowen, Oswestry, Shropshire, SY11 3JS£175,995£174,000-£1,99513 Sep 202208 Dec 202286 Days
88 West Place, Gobowen, Oswestry, Shropshire, SY11 3NS£152,950£142,000-£10,95025 Oct 202208 Dec 202244 Days
Belgrave Villa, St Martins Road, Gobowen, Oswestry, Shropshire, SY11 3NW£265,000£247,500-£17,50019 Jul 202225 Nov 2022129 Days

Most Expensive Streets in Gobowen

PostcodeStreetAreaAverageNo. of Sales
SY11 3QTSilvana GardensGobowen£509,8005
SY11 3NDWhittington RoadGobowen£390,1663
SY11 3QGDisley CloseGobowen£385,9166
SY11 3FQBowyer GrangeGobowen£319,00010
SY10 7XARhewl LaneRhewl£271,8754
SY10 7AWRhewlOswestry£261,6663
SY11 3JEOld Whittington RoadGobowen£261,5004
SY11 3LNAshcroft CloseGobowen£260,5005
SY10 7UBPreshenlle LaneGobowen£260,3313
SY11 3NGBy Pass RoadGobowen£259,0003

Least Expensive Streets in Gobowen

PostcodeStreetAreaAverageNo. of Sales
SY11 3NRWest PlaceGobowen£102,3333
SY10 7HDMeadowbrook CourtGobowen£105,52438
SY11 3JYSt Martins RoadGobowen£121,2229
SY11 3PBHammonds PlaceGobowen£125,3333
SY11 3NSWest PlaceGobowen£135,6663
SY11 3GYHenry Robertson DriveGobowen£145,36623
SY11 3QSLovett PlaceGobowen£151,9609
SY11 3PUMeadow DriveGobowen£173,6663
SY10 7UEPen Y Cae CloseGobowen£177,6503
SY11 3JSStation RoadGobowen£185,5007

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