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Greasby House Prices Greasby House Prices

The average house price in Greasby is £322,500 using HM Land Registry data.

The average property price increased by £77,179 (36.02%) over the last 5 years and increased by £15,425 (5.59%) over the last 12 months.

Over the last year, there were 95 residential property sales – a decrease of 38 transactions (-40.00%) relative to the previous year. The majority of house sales (26) were in the £240,000 - £290,000 range. Then came properties in the £290,000 - £340,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,682 (-3%).

In April 2024, there were 16 new estate agency instructions, 18 agreed home sales and 7 property price reductions.

Neighbouring Areas: Birkenhead

Postcodes Covered: CH48, CH49, CH61

5-Year Average Property Prices in Greasby

36.02%

Property prices in Greasby increased by 36.02% 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 Greasby Over the Last Year

5.59%

Property prices in Greasby increased by 5.59% 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 Greasby - 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 Greasby

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 Greasby

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 Greasby

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 Greasby since 1995

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

Recent Property Sales in Greasby

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Circular Drive, Greasby, Wirral, Merseyside, CH49 3NB£275,000£267,500-£7,50014 Aug 202329 Feb 2024199 Days
19 Eastway, Greasby, Wirral, Merseyside, CH49 2NS£220,000£207,500-£12,50022 Sep 202315 Jan 2024115 Days
1 Shepherd Close, Wirral, Merseyside, CH49 2RB£350,000£335,000-£15,00016 May 202314 Dec 2023212 Days
5 Swindon Close, Wirral, Merseyside, CH49 3QS£205,000£200,000-£5,00029 Jun 202329 Nov 2023153 Days
7 Stroud Close, Greasby, Wirral, Merseyside, CH49 3QP£220,000£210,000-£10,00027 Oct 202228 Nov 2023397 Days
5 Summertrees Avenue, Wirral, Merseyside, CH49 2QD£239,950£225,000-£14,95018 Jan 202324 Nov 2023310 Days
12 Robert Drive, Greasby, Wirral, Merseyside, CH49 1SD£299,950£292,500-£7,45016 Jan 202324 Nov 2023312 Days
26 Chippenham Avenue, Greasby, Wirral, Merseyside, CH49 3QW£240,000£230,000-£10,00006 Jun 202307 Nov 2023154 Days
9 Eastway, Greasby, Wirral, Merseyside, CH49 2NS£350,000£330,000-£20,00028 Mar 202330 Oct 2023216 Days
15 Norwood Road, Wirral, Merseyside, CH49 2PH£375,000£373,000-£2,00021 Apr 202327 Oct 2023189 Days
6 Appleton Drive, Greasby, Wirral, Merseyside, CH49 1SJ£330,000£329,000-£1,00013 May 202327 Oct 2023167 Days
35 Stanmore Park, Greasby, Wirral, Merseyside, CH49 3AP£110,000£110,000£0004 Apr 202320 Oct 2023199 Days
84 Thorns Drive, Greasby, Wirral, Merseyside, CH49 3QT£285,000£285,000£0017 May 202313 Oct 2023149 Days
19 Allangate Close, Greasby, Wirral, Merseyside, CH49 3QN£300,000£295,000-£5,00004 Apr 202313 Oct 2023192 Days
50 Caulfield Drive, Greasby, Wirral, Merseyside, CH49 1SW£300,000£285,000-£15,00024 May 202313 Oct 2023142 Days
51 Wood Lane, Greasby, Wirral, Merseyside, CH49 2PU£650,000£650,000£0021 Oct 202213 Oct 2023357 Days
63 Rigby Drive, Wirral, Merseyside, CH49 1RD£295,000£288,000-£7,00010 Jun 202312 Oct 2023124 Days
5 Rowan Tree Close, Greasby, Wirral, Merseyside, CH49 3AW£255,000£255,000£0021 Apr 202312 Oct 2023174 Days
34 Leaway, Wirral, Merseyside, CH49 2PZ£225,000£225,000£0025 May 202306 Oct 2023134 Days
36 Greenway, Greasby, Wirral, Merseyside, CH49 2NW£275,000£260,000-£15,00005 Jun 202302 Oct 2023119 Days

Most Expensive Streets in Greasby

PostcodeStreetAreaAverageNo. of Sales
CH48 1PHThe NookWirral£426,6663
CH49 3PZOakdale DriveWirral£373,5905
CH49 2QTStapleton AvenueGreasby£367,2504
CH49 3QAChestnut CloseWirral£366,8333
CH49 2PUWood LaneGreasby£366,0004
CH49 1SAThe CroftGreasby£335,6663
CH49 1SJAppleton DriveGreasby£331,9905
CH49 3NPElm DriveGreasby£331,7374
CH49 3AELombardy AvenueGreasby£324,5004
CH49 3PDShaw LaneGreasby£323,1663

Least Expensive Streets in Greasby

PostcodeStreetAreaAverageNo. of Sales
CH49 3GSRedcroftGreasby£81,05831
CH49 3NGGreasby RoadGreasby£142,2508
CH49 3APStanmore ParkWirral£147,85314
CH49 3NDPickerill RoadWirral£170,0003
CH49 1SZWindsor CloseGreasby£173,3163
CH49 3PEFrankby RoadGreasby£173,7506
CH49 2RSChurn WayGreasby£174,0005
CH49 2SDSummertrees CloseWirral£182,9927
CH49 2PPGreasby RoadGreasby£187,2504
CH49 2SEBirchdale CloseGreasby£189,5836

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