Housing Market Analysis for MILL BANK, TF1 1RZ

Are you looking to understand TF1 1RZ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Telford and Wrekin postcode.

For the location information and nearby amenities in the TF1 1RZ area, explore the TF1 1RZ Area information page.
For comprehensive crime statistics in the TF1 1RZ area, explore the TF1 1RZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TF1 1RZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £115,600 median price is £120,000 Standard Deviation is £30,683 with Total Sold: 5
    • The Last 5 Year average price is £120,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE CONIFERS, 29 MILL BANK: £120,000 (Sold on 16 Aug 2023)
    • The first recorded sale happened at this postcode is 18 MILL BANK: £160,000 (Sold on 27 Mar 1998)
  • Semi-Detached
    • The average price is around £127,000 median price is £138,500 Standard Deviation is £44,181 with Total Sold: 6
    • The Last 5 Year average price is £178,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 MILL BANK: £178,000 (Sold on 23 Nov 2020)
    • The first recorded sale happened at this postcode is 11A MILL BANK: £60,000 (Sold on 29 Oct 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average TF1 1RZ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£120,0001
2018£100,0001
2003£68,000 £648 1
1998£145,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£178,000 £1,679 1
2016£170,000 £1,604 1
2006£140,500 £1,325 1
2005£136,500 £1,288 1
2002£77,000 £726 1
1999£60,000 £550 1

All the Sales in the MILL BANK, TF1 1RZ

See the table below for more details on the sold house prices in the TF1 1RZ, Telford and Wrekin postcode.

AddressSold DatePrice% Change
THE CONIFERS, 29 MILL BANKDetached, Freehold16 Aug 2023£120,00020.00%
21 Mar 2018£100,000First Sale
11 MILL BANKSemi-Detached, FreeholdArea: 106 Sq.mtrAge: before 190023 Nov 2020£178,0004.71%
28 Jul 2016£170,00021.00%
13 Oct 2006£140,5002.93%
28 Nov 2005£136,50077.27%
02 Aug 2002£77,000First Sale
REDCROFT MILL BANKDetached, FreeholdArea: 105 Sq.mtrAge: 1967-197507 Mar 2003£68,000First Sale
11A MILL BANKSemi-Detached, FreeholdArea: 109 Sq.mtrAge: before 190029 Oct 1999£60,000First Sale
16 MILL BANKDetached, Freehold31 Mar 1998£130,000First Sale
18 MILL BANKDetached, Freehold27 Mar 1998£160,000First Sale

Check out the sold house prices near the TF1 1RZ postcode. Properties currently for saleProperties currently for rent

MILL BANK, TF1 1RZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TF1 1RZ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the TF1 1RZ postcode.

  • Terraced
    • The average price is around £87,979 median price is £82,000 Standard Deviation is £49,167 with Total Sold: 522
    • The Last 5 Year average price is £127,467 with Total Sold: 102
    • The most recent sale happened at this postcode is , 62A KING STREET: £165,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 118 WATLING STREET: £15,000 (Sold on 09 Mar 1995)
  • Semi-Detached
    • The average price is around £116,458 median price is £115,000 Standard Deviation is £61,278 with Total Sold: 727
    • The Last 5 Year average price is £171,701 with Total Sold: 137
    • The most recent sale happened at this postcode is , 31 VICTORIA AVENUE: £160,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 53 REGENT STREET: £45,000 (Sold on 25 Jan 1995)
  • Detached
    • The average price is around £234,942 median price is £205,000 Standard Deviation is £131,050 with Total Sold: 315
    • The Last 5 Year average price is £333,198 with Total Sold: 67
    • The most recent sale happened at this postcode is , 23 CHERRY TREE CLOSE: £440,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 219 HOLYHEAD ROAD: £77,000 (Sold on 10 Mar 1995)
  • Flat
    • The average price is around £77,714 median price is £78,000 Standard Deviation is £32,077 with Total Sold: 203
    • The Last 5 Year average price is £98,253 with Total Sold: 30
    • The most recent sale happened at this postcode is , 15 ST GILES CLOSE: £93,000 (Sold on 07 May 2024)
    • The first recorded sale happened at this postcode is , 5 KINGS COURT: £34,995 (Sold on 13 Apr 1995)
  • Other
    • The average price is around £528,271 median price is £193,000 Standard Deviation is £817,807 with Total Sold: 43
    • The Last 5 Year average price is £224,138 with Total Sold: 20
    • The most recent sale happened at this postcode is , 40 TAN BANK: £450,000 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is 1, BELMONT COURT DAWLEY ROAD: £141,000 (Sold on 02 Dec 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,0004
2023£145,708 £1,817 14
2022£139,194 £1,825 18
2021£115,008 £1,534 31
2020£123,440 £1,415 15
2019£125,170 £1,663 20
2018£120,773 £1,296 11
2017£106,944 £1,371 18
2016£110,788 £1,565 20
2015£92,284 £1,306 24
2014£104,633 £1,345 15
2013£119,306 £1,190 16
2012£91,600 £1,069 5
2011£102,450 £1,506 10
2010£113,988 £1,402 12
2009£133,931 £1,605 8
2008£118,995 £1,380 12
2007£107,170 £1,436 15
2006£99,933 £1,628 21
2005£91,608 £1,151 18
2004£86,259 £1,258 25
2003£75,607 £944 26
2002£59,398 £866 36
2001£50,637 £689 16
2000£40,547 £716 23
1999£39,425 £520 20
1998£36,886 £518 15
1997£32,250 £373 18
1996£31,648 £428 17
1995£31,184 £394 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£187,000 £2,093 9
2023£191,283 £2,204 23
2022£221,900 £2,322 14
2021£175,247 £2,010 27
2020£150,537 £1,803 33
2019£149,500 £1,732 31
2018£145,458 £1,654 28
2017£147,045 £1,644 30
2016£145,870 £1,654 30
2015£126,587 £1,596 27
2014£137,822 £1,549 36
2013£122,008 £1,558 17
2012£108,035 £1,237 14
2011£115,733 £1,400 15
2010£116,794 £1,341 17
2009£123,155 £1,669 21
2008£125,795 £1,513 24
2007£157,454 £1,818 21
2006£133,963 £1,497 39
2005£133,956 £1,413 25
2004£102,374 £1,331 28
2003£92,000 £979 19
2002£69,774 £900 31
2001£59,253 £779 30
2000£50,541 £660 25
1999£51,712 £590 30
1998£47,540 £601 25
1997£43,619 £513 21
1996£45,224 £462 19
1995£43,067 £516 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,8333
2023£315,000 £2,183 5
2022£398,667 £2,410 6
2021£390,354 £2,355 14
2020£391,650 £2,035 10
2019£262,872 £1,880 29
2018£261,344 £1,816 10
2017£238,061 £2,051 5
2016£225,485 £1,859 10
2015£261,770 £1,869 12
2014£221,714 £1,505 22
2013£182,913 £1,460 23
2012£203,132 £1,587 14
2011£232,500 £1,397 2
2010£333,955 £1,676 10
2009£267,178 £1,656 14
2008£292,724 £1,441 20
2007£295,072 £1,421 11
2006£256,994 £1,813 8
2005£243,607 £1,600 11
2004£209,945 £1,389 10
2003£118,917 £919 3
2002£90,169 £1,004 8
2001£77,426 £783 7
2000£141,091 £821 11
1999£104,400 £1,105 10
1998£121,595 £495 10
1997£111,164 £653 11
1996£54,000 £457 3
1995£85,667 £465 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£93,500 £2,924 3
2023£110,500 £1,665 9
2022£96,333 £1,820 3
2021£101,125 £1,727 4
2020£109,520 £1,726 5
2019£71,917 £1,469 6
2018£86,500 £1,769 5
2017£95,908 £1,910 6
2016£96,118 £1,542 11
2015£85,000 £1,416 4
2014£73,500 £1,070 3
2013£69,375 £1,244 4
2012£75,625 £1,450 4
2011£73,180 £1,422 5
2010£73,750 £1,583 4
2009£65,000 £1,385 1
2008£94,667 £1,261 3
2007£104,405 £1,161 11
2006£98,567 £1,547 15
2005£77,199 £1,325 5
2004£91,144 £1,290 32
2003£60,541 £938 11
2002£51,729 £654 26
2001£34,000 £616 2
2000£30,167 £533 3
1999£29,667 £617 3
1998£27,100 £475 5
1997£25,875 £523 4
1996£33,067 £698 3
1995£28,832 £508 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0001
2023£150,0002
2022£100,0001
2021£293,600 £3,256 5
2020£102,125 £1,175 4
2019£250,894 £3,082 7
2018£635,133 £2,137 9
2017£1,249,417 £19,706 6
2015£941,667 £7,793 3
2014£513,5504
2013£141,0001

House Type in TF1 1RZ area

The most common house types in the TF1 1RZ postcode area are Terraced (57), Detached (45), and Semi-detached (34).

Total148
Terraced57
Detached45
Semi-detached34
Flat8
Shared house4
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (53), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency53
Owned: Owns with a mortgage or loan40
Owned: Owns outright39
Social rented: Other social rented7
Private rented: Other private rented6
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the TF1 1RZ have 2 people in household (57), and 1 person in household (36).

2 people in household57
1 person in household36
3 people in household22
4 people in household17
5 people in household6
6 people in household6
7 people in household4
8 or more people in household1
0 people in household0