Housing Market Analysis for LAKE VIEW CLOSE, TF1 3GJ

Are you looking to understand TF1 3GJ 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 3GJ area, explore the TF1 3GJ Area information page.
For comprehensive crime statistics in the TF1 3GJ area, explore the TF1 3GJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TF1 3GJ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £180,000 median price is £180,000 Standard Deviation is £40,000 with Total Sold: 2
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 LAKE VIEW CLOSE: £220,000 (Sold on 21 Apr 2023)
    • The first recorded sale happened at this postcode is 4 LAKE VIEW CLOSE: £140,000 (Sold on 17 Jan 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average TF1 3GJ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£220,000 £2,418 1
2013£140,000 £3,218 1

All the Sales in the LAKE VIEW CLOSE, TF1 3GJ

See the table below for more details on the sold house prices in the TF1 3GJ, Telford and Wrekin postcode.

AddressSold DatePrice% Change
6 LAKE VIEW CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 2007 onwards21 Apr 2023£220,000First Sale
4 LAKE VIEW CLOSESemi-Detached, FreeholdArea: 43.5 Sq.mtr17 Jan 2013£140,000First Sale

Check out the sold house prices near the TF1 3GJ postcode. Properties currently for saleProperties currently for rent

LAKE VIEW CLOSE, TF1 3GJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TF1 3GJ 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 3GJ postcode.

  • Detached
    • The average price is around £177,755 median price is £158,000 Standard Deviation is £96,926 with Total Sold: 385
    • The Last 5 Year average price is £280,818 with Total Sold: 58
    • The most recent sale happened at this postcode is , 8 SEVERN DRIVE: £270,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 60 MARTON DRIVE: £57,000 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £114,245 median price is £120,000 Standard Deviation is £50,160 with Total Sold: 1,026
    • The Last 5 Year average price is £181,555 with Total Sold: 182
    • The most recent sale happened at this postcode is , 51 HEATH ROAD: £175,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 44 NORTH ROAD: £32,500 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £109,441 median price is £110,000 Standard Deviation is £48,518 with Total Sold: 108
    • The Last 5 Year average price is £162,802 with Total Sold: 29
    • The most recent sale happened at this postcode is , 18 HORDLEY ROAD: £220,000 (Sold on 20 Jun 2024)
    • The first recorded sale happened at this postcode is , 38 HORDLEY ROAD: £48,000 (Sold on 05 Jun 1995)
  • Flat
    • The average price is around £55,350 median price is £51,500 Standard Deviation is £27,670 with Total Sold: 92
    • The Last 5 Year average price is £82,813 with Total Sold: 12
    • The most recent sale happened at this postcode is , 1 GRINSHILL FLATS: £80,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 15 NORTH ROAD: £24,750 (Sold on 26 May 1995)
  • Other
    • The average price is around £174,980 median price is £100,000 Standard Deviation is £198,682 with Total Sold: 5
    • The Last 5 Year average price is £48,300 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1 RODEN CLOSE: £100,000 (Sold on 17 Feb 2023)
    • The first recorded sale happened at this postcode is , ERCALL VIEW NORTH ROAD: £555,000 (Sold on 12 Oct 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,714 £1,532 7
2023£284,000 £3,254 5
2022£399,167 £2,746 6
2021£260,500 £2,514 16
2020£279,119 £2,190 8
2019£254,469 £1,978 16
2018£282,194 £2,167 10
2017£233,786 £1,957 14
2016£224,661 £1,843 9
2015£200,750 £1,866 10
2014£185,727 £1,852 11
2013£184,769 £1,609 13
2012£182,200 £1,676 5
2011£267,730 £2,135 10
2010£147,000 £1,804 2
2009£210,242 £1,555 6
2008£262,249 £1,888 4
2007£221,888 £1,730 9
2006£194,688 £1,785 13
2005£213,522 £1,559 16
2004£274,890 £1,851 20
2003£148,086 £1,196 11
2002£137,183 £1,336 15
2001£108,788 £848 17
2000£117,729 £956 21
1999£101,889 £801 19
1998£92,368 £727 22
1997£93,685 £735 28
1996£86,735 £717 17
1995£74,793 £614 25
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,321 £2,382 14
2023£201,840 £2,394 26
2022£203,197 £2,443 38
2021£171,951 £2,188 38
2020£163,895 £2,014 34
2019£158,703 £1,886 32
2018£145,993 £1,812 36
2017£140,747 £1,826 40
2016£132,039 £1,623 31
2015£129,053 £1,717 35
2014£133,130 £1,551 32
2013£123,790 £1,667 36
2012£121,280 £1,748 28
2011£128,150 £1,634 23
2010£125,015 £1,558 24
2009£119,634 £1,434 22
2008£128,357 £1,541 21
2007£146,550 £1,762 31
2006£134,833 £1,575 43
2005£131,230 £1,610 29
2004£116,617 £1,392 29
2003£96,116 £1,232 41
2002£81,588 £963 51
2001£67,036 £787 44
2000£60,776 £745 47
1999£55,328 £628 42
1998£51,204 £595 49
1997£46,238 £582 36
1996£45,366 £552 36
1995£45,335 £559 38
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0002
2023£211,500 £2,198 4
2022£193,000 £2,694 5
2021£148,583 £2,137 6
2020£138,679 £1,735 7
2019£125,600 £1,643 5
2018£123,417 £1,694 6
2017£113,275 £1,389 4
2016£132,000 £1,549 2
2015£115,167 £1,424 3
2014£115,000 £1,546 5
2013£104,500 £2,099 2
2012£109,738 £1,359 4
2011£132,5001
2010£110,000 £1,374 1
2009£92,000 £1,018 2
2008£140,000 £1,522 1
2007£129,900 £1,640 4
2006£116,000 £1,400 3
2005£101,158 £1,362 6
2004£86,125 £1,043 4
2003£96,000 £1,261 2
2002£39,995 £922 1
2001£66,832 £769 6
2000£46,099 £606 5
1999£48,460 £543 5
1998£47,458 £554 6
1997£52,417 £552 3
1995£46,332 £439 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£80,0001
2023£125,000 £2,358 1
2022£115,778 £1,872 2
2021£66,000 £1,384 2
2020£76,400 £1,916 3
2019£65,333 £1,275 3
2018£74,000 £1,565 2
2017£62,475 £1,788 2
2016£38,667 £1,022 3
2015£74,750 £1,675 2
2014£94,750 £1,733 2
2012£40,000 £1,111 1
2011£73,000 £1,379 1
2010£74,500 £1,580 1
2008£75,000 £1,124 1
2007£89,167 £1,783 3
2006£83,314 £1,717 11
2005£68,750 £1,267 2
2004£70,665 £1,255 3
2003£56,500 £1,176 7
2002£37,884 £915 10
2001£26,667 £447 3
2000£30,638 £685 8
1999£21,617 £588 3
1998£31,000 £637 4
1997£26,000 £565 2
1996£26,786 £546 7
1995£23,372 £594 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,0001
2021£2,400 £43 1
2019£42,5001
2017£175,0001
2016£555,000 £6,236 1

House Type in TF1 3GJ area

The most common house types in the TF1 3GJ postcode area are Flat (89), Semi-detached (85), and Terraced (30).

Total211
Flat89
Semi-detached85
Terraced30
Detached3
commercial building3
Shared house1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (63), and Social rented: Rents from council or Local Authority (41).

Social rented: Other social rented63
Social rented: Rents from council or Local Authority41
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency33
Owned: Owns outright29
Shared ownership: Shared ownership4
Private rented: Other private rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the TF1 3GJ have 1 person in household (98), and 2 people in household (59).

1 person in household98
2 people in household59
3 people in household27
4 people in household20
6 people in household4
5 people in household3
0 people in household0
7 people in household0
8 or more people in household0