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Grimethorpe House Prices Grimethorpe House Prices

The average house price in Grimethorpe is £135,000 using HM Land Registry data.

The average property price increased by £37,440 (29.99%) over the last 5 years and increased by £7,483 (4.83%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 14 transactions (-25.00%) relative to the previous year. The majority of house sales (19) were in the £114,000 - £136,000 range. Then came properties in the £136,000 - £158,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,462 (-2%).

In April 2024, there were 9 new estate agency instructions, 2 agreed home sales and 3 property price reductions.

Postcodes Covered: S72

5-Year Average Property Prices in Grimethorpe

29.99%

Property prices in Grimethorpe increased by 29.99% 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 Grimethorpe Over the Last Year

4.83%

Property prices in Grimethorpe increased by 4.83% 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 Grimethorpe - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Grimethorpe

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 Grimethorpe

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 Grimethorpe

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 Grimethorpe since 1995

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

Recent Property Sales in Grimethorpe

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
57 Nancy Road, Grimethorpe, Barnsley, South Yorkshire, S72 7JZ£140,000£130,000-£10,00018 Jul 202303 Nov 2023108 Days
66 Brierley Road, Grimethorpe, Barnsley, South Yorkshire, S72 7EW£125,000£122,500-£2,50009 Mar 202305 Sep 2023180 Days
2 Nancy Crescent, Grimethorpe, Barnsley, South Yorkshire, S72 7JN£125,000£122,500-£2,50024 Mar 202325 Aug 2023154 Days
11 The Square, Grimethorpe, Barnsley, South Yorkshire, S72 7JW£130,000£125,000-£5,00023 Feb 202322 Aug 2023180 Days
3 Wiseley Croft, Grimethorpe, Barnsley, South Yorkshire, S72 7AX£160,000£157,500-£2,50017 Aug 202318 Aug 20231 Days
30 Park Road, Grimethorpe, Barnsley, South Yorkshire, S72 7EX£135,000£130,000-£5,00009 Jun 202316 Aug 202368 Days
6 Kingsway, Grimethorpe, Barnsley, South Yorkshire, S72 7FJ£150,000£150,000£0011 May 202316 Aug 202397 Days
12 Valley Drive, Grimethorpe, Barnsley, South Yorkshire, S72 7FT£190,000£180,000-£10,00007 Mar 202318 Jul 2023133 Days
17 Park Road, Grimethorpe, Barnsley, South Yorkshire, S72 7ET£135,000£135,000£0020 Feb 202311 Jul 2023141 Days
44 Raymond Avenue, Grimethorpe, Barnsley, South Yorkshire, S72 7NQ£140,000£132,000-£8,00005 Dec 202226 May 2023172 Days
21 Michaels Estate, Grimethorpe, Barnsley, South Yorkshire, S72 7DR£130,000£130,000£0031 Jan 202312 May 2023101 Days
7 Central Avenue, Grimethorpe, Barnsley, South Yorkshire, S72 7EY£140,000£140,000£0002 Dec 202212 May 2023161 Days
19 Oak Street, Grimethorpe, Barnsley, South Yorkshire, S72 7LE£95,000£90,000-£5,00022 Nov 202212 May 2023171 Days
76 Raymond Avenue, Grimethorpe, Barnsley, South Yorkshire, S72 7NQ£135,000£130,000-£5,00006 Dec 202221 Mar 2023105 Days
2 Dewfield Close, Grimethorpe, Barnsley, South Yorkshire, S72 7GD£130,000£130,000£0004 Sep 202221 Dec 2022108 Days
20 Shireoaks Way, Grimethorpe, Barnsley, South Yorkshire, S72 7AB£160,000£152,500-£7,50004 May 202218 Nov 2022198 Days
3 Chestnut Street, Grimethorpe, Barnsley, South Yorkshire, S72 7LQ£115,000£115,000£0021 Jun 202214 Oct 2022115 Days
24 Tudor Court, Grimethorpe, Barnsley, South Yorkshire, S72 7NA£215,000£195,000-£20,00007 Jun 202222 Sep 2022107 Days
44 Michaels Estate, Grimethorpe, Barnsley, South Yorkshire, S72 7DH£110,000£109,000-£1,00020 May 202216 Sep 2022119 Days
30 Shireoaks Way, Grimethorpe, Barnsley, South Yorkshire, S72 7AB£275,000£275,000£0010 May 202222 Aug 2022104 Days

Most Expensive Streets in Grimethorpe

PostcodeStreetAreaAverageNo. of Sales
S72 7FQWillow MewsGrimethorpe£255,17617
S72 7FWWindhill ViewGrimethorpe£252,04012
S72 7FSGarth ViewGrimethorpe£229,27725
S72 7FPWillowgarth DriveGrimethorpe£210,76613
S72 7FUGarth GroveGrimethorpe£194,3547
S72 7AXWiseley CroftGrimethorpe£192,6254
S72 7AWBrierley RoadGrimethorpe£181,7297
S72 7NBWindsor WalkGrimethorpe£179,2504
S72 7ABShireoaks WayGrimethorpe£163,21816
S72 7FTValley DriveGrimethorpe£159,7779

Least Expensive Streets in Grimethorpe

PostcodeStreetAreaAverageNo. of Sales
S72 7EFHastings StreetGrimethorpe£49,1254
S72 7LSHigh StreetGrimethorpe£67,6663
S72 7BDHigh StreetGrimethorpe£68,3754
S72 7BBHigh StreetGrimethorpe£72,6666
S72 7NNCoronation AvenueGrimethorpe£74,1254
S72 7NWCoronation AvenueGrimethorpe£75,1666
S72 7PBCemetery RoadGrimethorpe£75,4163
S72 7EGHastings StreetGrimethorpe£76,0003
S72 7LDPoplar StreetGrimethorpe£79,4005
S72 7NGPrincess StreetGrimethorpe£83,3333

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