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Gresford House Prices Gresford House Prices

The average house price in Gresford is £290,000 using HM Land Registry data.

The average property price increased by £176,295 (74.71%) over the last 5 years and increased by £35,235 (9.35%) over the last 12 months.

Over the last year, there were 37 residential property sales – a decrease of 30 transactions (-81.08%) relative to the previous year. The majority of house sales (12) were in the £200,000 - £310,000 range. Then came properties in the £310,000 - £420,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 144 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,803 (-3%).

In April 2024, there were 11 new estate agency instructions, 5 agreed home sales and 3 property price reductions.

Neighbouring Areas: Wrexham

Postcodes Covered: LL12

5-Year Average Property Prices in Gresford

74.71%

Property prices in Gresford increased by 74.71% 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 Gresford Over the Last Year

9.35%

Property prices in Gresford increased by 9.35% 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 Gresford - 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 Gresford

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 Gresford

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 Gresford

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 Gresford since 1995

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

Recent Property Sales in Gresford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Bodwyn Crescent, Gresford, Wrexham, LL12 8NQ£295,000£290,000-£5,00017 Feb 202319 Dec 2023305 Days
Apexia, Pant Lane, Gresford, Wrexham, LL12 8SG£350,000£325,000-£25,00012 Sep 202329 Nov 202378 Days
47 Mayflower Drive, Marford, Wrexham, LL12 8LD£350,000£325,000-£25,00014 Jul 202320 Oct 202398 Days
9 High Street, Gresford, Wrexham, LL12 8PS£255,000£244,000-£11,00007 Feb 202318 Oct 2023253 Days
12 Winchester Way, Gresford, Wrexham, LL12 8HG£240,000£220,000-£20,00015 May 202316 Oct 2023154 Days
72 Woodridge Avenue, Marford, Wrexham, LL12 8SS£350,000£330,000-£20,00009 May 202302 Oct 2023146 Days
71 Stancliffe Avenue, Marford, Wrexham, LL12 8LN£525,000£505,000-£20,00009 Aug 202302 Oct 202354 Days
Ingledene, Wynnstay Lane, Marford, Wrexham, LL12 8LF£350,000£335,000-£15,00024 Mar 202321 Sep 2023181 Days
Burton House, Chester Road, Gresford, Wrexham, LL12 8NU£1,100,000£1,000,000-£100,00012 Sep 202225 Aug 2023347 Days
12 Sunnyridge Avenue, Marford, Wrexham, LL12 8TE£815,000£792,250-£22,75007 Apr 202324 Aug 2023139 Days
2 Bodwyn Crescent, Gresford, Wrexham, LL12 8NQ£330,000£320,000-£10,00016 Mar 202321 Aug 2023158 Days
23 Annefield Park, Gresford, Wrexham, LL12 8NS£159,950£156,000-£3,95001 Mar 202301 Aug 2023153 Days
10 Sunnyridge Avenue, Marford, Wrexham, LL12 8TE£480,000£475,000-£5,00024 Mar 202314 Jul 2023112 Days
1 Elder Close, Marford, Wrexham, LL12 8XL£400,000£390,000-£10,00030 Mar 202314 Jul 2023106 Days
8 Mayflower Drive, Marford, Wrexham, LL12 8LD£210,000£210,000£0022 Feb 202305 Jul 2023133 Days
4 Silverbirch Drive, Gresford, Wrexham, LL12 8YX£325,000£315,000-£10,00013 Jan 202330 Jun 2023168 Days
11 Sycamore Drive, Marford, Wrexham, LL12 8XU£290,000£281,000-£9,00019 Dec 202219 May 2023151 Days
Swn-y-coed, Vicarage Lane, Gresford, Wrexham, LL12 8UW£450,000£433,000-£17,00008 Jun 202226 Apr 2023322 Days
11 Nayland Avenue, Gresford, Wrexham, LL12 8YU£260,000£245,000-£15,00015 Nov 202221 Apr 2023157 Days
29 Narrow Lane, Gresford, Wrexham, LL12 8EH£235,000£218,000-£17,00010 Nov 202206 Apr 2023147 Days

Most Expensive Streets in Gresford

PostcodeStreetAreaAverageNo. of Sales
LL12 8LHWynnstay LaneMarford£816,0005
LL12 8NUChester RoadGresford£762,3333
LL12 8SJQuarry BrowGresford£725,5005
LL12 8TXWychwood CloseMarford£649,0003
LL12 8LEPistyll HillMarford£563,2504
LL12 8TAMarford HillMarford£516,6663
LL12 8YEHoseley LaneMarford£508,3333
LL12 8TESunnyridge AvenueMarford£482,0624
LL12 8TFSpringfield LaneMarford£451,6663
LL12 8HBPant LaneGresford£448,1005

Least Expensive Streets in Gresford

PostcodeStreetAreaAverageNo. of Sales
LL12 8NGNewtownGresford£152,7504
LL12 8UNMontrose TerraceGresford£155,0003
LL12 8EHNarrow LaneGresford£159,1005
LL12 8NZBurton RiseGresford£163,7504
LL12 8UGOakfield CottagesGresford£163,8333
LL12 8EPPoplar AvenueGresford£166,3333
LL12 8TNChester RoadGresford£176,7147
LL12 8UPHolt TerraceGresford£198,6663
LL12 8HFGresford ParkGresford£201,7508
LL12 8HGWinchester WayGresford£213,3333

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