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House Prices in CW3

The average house price in CW3 (Crewe) is £265,000 using HM Land Registry data.

The average property price increased by £64,876 (38.88%) over the last 5 years and increased by £12,970 (5.4%) over the last 12 months.

Over the last year, there were 96 residential property sales – a decrease of 48 transactions (-50.00%) relative to the previous year. The majority of house sales (24) were in the £224,000 - £308,000 range. Then came properties in the £140,000 - £224,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,696 (-3%).

In June 2024, there were 27 new estate agency instructions, 19 agreed home sales and 19 property price reductions.

5-Year Average Property Prices in CW3 (Crewe)

38.88%

Property prices in Crewe increased by 38.88% 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 CW3 (Crewe) Over the Last Year

5.4%

Property prices in Crewe increased by 5.4% 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.

Property Market Heat Gauge for CW3 (Crewe) - June 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 CW3 (Crewe)

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 CW3 (Crewe)

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 CW3 (Crewe)

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 CW3 (Crewe) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CW3 postcode area since 1995.

Recent Sales in CW3 (Crewe)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
5 Holly Bank, Audlem, Crewe, Cheshire East, CW3 0LF	£498,500	£470,000	-£28,500	09 Oct 2023	15 May 2024	219 Days
8 Ridgehill Drive, Madeley Heath, Crewe, Staffordshire, CW3 9LX	£240,000	£237,500	-£2,500	09 Aug 2023	10 May 2024	275 Days
2 Kingfisher Close, Madeley, Crewe, Staffordshire, CW3 9HS	£85,000	£82,500	-£2,500	03 Aug 2023	19 Apr 2024	260 Days
60 John Offley Road, Madeley, Crewe, Staffordshire, CW3 9ND	£150,000	£145,000	-£5,000	04 Nov 2023	20 Mar 2024	137 Days
9 Morningside, Madeley, Crewe, Staffordshire, CW3 9NJ	£105,000	£97,000	-£8,000	30 Nov 2023	20 Mar 2024	111 Days
25 Heathfield Road, Audlem, Crewe, Cheshire East, CW3 0HH	£350,000	£345,000	-£5,000	29 Aug 2023	08 Mar 2024	192 Days
40 Bar Hill, Madeley, Crewe, Staffordshire, CW3 9QD	£179,950	£175,000	-£4,950	23 Oct 2023	04 Mar 2024	133 Days
11 River Lea Mews, Madeley, Crewe, Staffordshire, CW3 9EH	£250,000	£250,000	£00	05 Sep 2023	26 Feb 2024	174 Days
Old Hall, Poolside, Madeley, Crewe, Staffordshire, CW3 9DX	£1,150,000	£1,050,000	-£100,000	23 Nov 2022	12 Jan 2024	415 Days
1 Gemmull Close, Audlem, Crewe, Cheshire East, CW3 0ED	£365,000	£360,000	-£5,000	07 Aug 2023	08 Dec 2023	123 Days
Hope Cottage, Monks Lane, Audlem, Crewe, Cheshire East, CW3 0HP	£500,000	£490,000	-£10,000	22 Jul 2023	08 Dec 2023	139 Days
19 Betley Hall Gardens, Betley, Crewe, Staffordshire, CW3 9BB	£750,000	£700,000	-£50,000	26 Aug 2023	04 Dec 2023	100 Days
The Crofts, Woore Road, Audlem, Crewe, Cheshire East, CW3 0BT	£500,000	£466,700	-£33,300	04 May 2023	14 Nov 2023	194 Days
1 Wharf Terrace, Madeley Heath, Crewe, Staffordshire, CW3 9LW	£135,000	£130,000	-£5,000	23 Jun 2023	10 Nov 2023	140 Days
1 Heron Close, Madeley, Crewe, Staffordshire, CW3 9TD	£245,000	£235,000	-£10,000	25 Nov 2022	02 Nov 2023	342 Days
Kingscroft, Den Lane, Wrinehill, Crewe, Staffordshire, CW3 9BT	£350,000	£326,000	-£24,000	01 Jun 2023	02 Nov 2023	154 Days
6 East Lawns, Betley, Crewe, Staffordshire, CW3 9AG	£225,000	£216,000	-£9,000	24 Oct 2023	27 Oct 2023	3 Days
17 Cygnet Close, Madeley Heath, Crewe, Staffordshire, CW3 9TA	£375,000	£375,000	£00	09 May 2023	11 Oct 2023	155 Days
Walton Cottage, Swan Bank, Madeley Heath, Crewe, Staffordshire, CW3 9LE	£145,000	£140,000	-£5,000	02 Jun 2023	02 Oct 2023	122 Days
Rose Cottage, Woore Road, Buerton, Crewe, Cheshire East, CW3 0DA	£685,000	£685,000	£00	20 Apr 2023	27 Sep 2023	160 Days

Most Expensive Streets in CW3 (Crewe)

Postcode	Street	Area	Average	No. of Sales
CW3 0BP	Woore Road, Audlem	Crewe	£960,000	3
CW3 0JE	Audlem Road, Hankelow	Crewe	£760,000	3
CW3 0ER	Coole Lane, Audlem	Crewe	£755,000	3
CW3 9RQ	London Road, Woore	Crewe	£747,000	5
CW3 0EE	Whitchurch Road, Audlem	Crewe	£679,166	3
CW3 0JB	Hall Lane, Hankelow	Crewe	£672,000	5
CW3 9RG	London Road, Woore	Crewe	£633,333	3
CW3 9BJ	Main Road, Wrinehill	Crewe	£615,350	6
CW3 0HZ	Witton Close, Audlem	Crewe	£600,000	3
CW3 9PT	Manor Road, Madeley	Crewe	£575,125	4

Least Expensive Streets in CW3 (Crewe)

Postcode	Street	Area	Average	No. of Sales
CW3 9DN	Lea Court, New Road	Crewe	£107,250	3
CW3 9HS	Kingfisher Close, Madeley	Crewe	£108,428	7
CW3 9NF	Moss Lane, Madeley	Crewe	£114,600	5
CW3 9JN	Lindops Lane, Madeley	Crewe	£114,625	4
CW3 9LW	Wharf Terrace, Madeley Heath	Crewe	£116,583	6
CW3 9JP	Newcastle Road, Madeley	Crewe	£117,125	4
CW3 9JD	Daltry Way, Madeley	Crewe	£122,800	5
CW3 9NJ	Morningside, Madeley	Crewe	£124,200	5
CW3 0ND	Crown Mews, Cheshire Street, Audlem	Crewe	£129,166	3
CW3 9NW	Cherry Hill, Madeley	Crewe	£131,833	6