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Grove House Prices Grove House Prices

The average house price in Grove is £387,500 using HM Land Registry data.

The average property price increased by £34,693 (11.18%) over the last 5 years and increased by £6,934 (2.05%) over the last 12 months.

Over the last year, there were 91 residential property sales – a decrease of 83 transactions (-91.21%) relative to the previous year. The majority of house sales (20) were in the £352,000 - £396,000 range. Then came properties in the £264,000 - £308,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,243 (-1%).

In April 2024, there were 37 new estate agency instructions, 21 agreed home sales and 10 property price reductions.

Neighbouring Areas: Wantage

Postcodes Covered: OX12

5-Year Average Property Prices in Grove

11.18%

Property prices in Grove increased by 11.18% 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 Grove Over the Last Year

2.05%

Property prices in Grove increased by 2.05% 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 Grove - 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 Grove

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 Grove

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 Grove

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 Grove since 1995

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

Recent Property Sales in Grove

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Elm Farm Close, Grove, Wantage, Oxfordshire, OX12 9FD£350,000£350,000£0006 Aug 202308 Mar 2024215 Days
7 Vestry Close, Grove, Wantage, Oxfordshire, OX12 0QY£450,000£425,000-£25,00024 Oct 202326 Jan 202494 Days
6 Cherry Tree Close, Grove, Wantage, Oxfordshire, OX12 7NG£400,000£400,000£0026 Jul 202326 Jan 2024184 Days
12 Shannon Close, Grove, Wantage, Oxfordshire, OX12 7PT£399,950£390,000-£9,95005 Sep 202323 Jan 2024140 Days
2 Steptoe Close, Grove, Wantage, Oxfordshire, OX12 0AY£620,000£610,000-£10,00026 Jun 202312 Jan 2024200 Days
44 Broadmarsh Close, Grove, Wantage, Oxfordshire, OX12 0NH£290,000£290,000£0021 Oct 202312 Jan 202483 Days
5 Miles Drive, Grove, Wantage, Oxfordshire, OX12 7JA£425,000£360,000-£65,00029 Jul 202318 Dec 2023142 Days
31 Wolage Drive, Grove, Wantage, Oxfordshire, OX12 9FB£450,000£445,000-£5,00014 May 202312 Dec 2023212 Days
46 Collett Way, Grove, Wantage, Oxfordshire, OX12 0NT£420,000£390,000-£30,00013 Jun 202312 Dec 2023182 Days
11 Albermarle Drive, Grove, Wantage, Oxfordshire, OX12 0NB£330,000£307,500-£22,50019 Jul 202308 Nov 2023112 Days
2 Dixons Row, Grove, Wantage, Oxfordshire, OX12 7JG£300,000£290,000-£10,00029 Jun 202327 Oct 2023120 Days
9 Wick Green, Grove, Wantage, Oxfordshire, OX12 0AS£450,000£430,000-£20,00008 Jun 202323 Oct 2023137 Days
22 Pound Croft, Grove, Wantage, Oxfordshire, OX12 0BZ£299,950£290,000-£9,95028 May 202323 Oct 2023148 Days
39 Woodhill Drive, Grove, Wantage, Oxfordshire, OX12 0DE£290,000£270,000-£20,00017 Aug 202219 Oct 2023428 Days
7 Princess Gardens, Grove, Wantage, Oxfordshire, OX12 0QN£285,000£285,000£0028 Apr 202313 Oct 2023168 Days
10 Oxford Lane, Grove, Wantage, Oxfordshire, OX12 7PJ£425,000£425,000£0028 Jul 202310 Oct 202374 Days
18 Nobles Close, Grove, Wantage, Oxfordshire, OX12 0NR£280,000£275,000-£5,00028 Apr 202329 Sep 2023154 Days
11 The Maples, Grove, Wantage, Oxfordshire, OX12 0BA£400,000£385,000-£15,00003 May 202329 Sep 2023149 Days
33 Bosleys Orchard, Grove, Wantage, Oxfordshire, OX12 7JR£375,000£360,000-£15,00029 Mar 202322 Sep 2023177 Days
Roffen, Main Street, Grove, Wantage, Oxfordshire, OX12 7HT£475,000£460,000-£15,00027 Apr 202315 Sep 2023141 Days

Most Expensive Streets in Grove

PostcodeStreetAreaAverageNo. of Sales
OX12 0ATTownsendGrove£644,3333
OX12 7HXMain StreetGrove£563,3333
OX12 7FNKeel DriveGrove£524,36926
OX12 9FDElm Farm CloseGrove£505,3124
OX12 7FPPrior PlaceWantage£454,34220
OX12 7HTMain StreetGrove£444,6663
OX12 0QZChurchward CloseGrove£438,6254
OX12 7PYOxford LaneGrove£435,7504
OX12 0PYWhite Horse CrescentGrove£415,0003
OX12 0QESwan CloseGrove£411,6663

Least Expensive Streets in Grove

PostcodeStreetAreaAverageNo. of Sales
OX12 0PTSavile WayGrove£147,31811
OX12 0AGAshdown WayGrove£175,5543
OX12 9NPRidgeway CourtWolage Drive£200,6503
OX12 7FALetcombe HouseMillbrook Square£206,6663
OX12 9FJWolage DriveGrove£221,6663
OX12 0NXShepherds CloseGrove£224,1663
OX12 0GTArnold WayGrove£229,28051
OX12 0NUHawksworth CloseGrove£236,3878
OX12 7JLKingfishersGrove£237,6254
OX12 0DFWoodhill DriveGrove£245,0008

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