Housing Market Analysis for REA DRIVE, TF1 3LS

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £127,938 median price is £142,500 Standard Deviation is £49,597 with Total Sold: 8
    • The Last 5 Year average price is £170,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 7 REA DRIVE: £168,500 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is 1 REA DRIVE: £43,000 (Sold on 30 Nov 1995)
  • Detached
    • The average price is around £168,500 median price is £168,500 Standard Deviation is £18,500 with Total Sold: 2
    • The Last 5 Year average price is £187,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 REA DRIVE: £187,000 (Sold on 24 Sep 2021)
    • The first recorded sale happened at this postcode is 11 REA DRIVE: £150,000 (Sold on 23 Mar 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average TF1 3LS 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£168,500 £2,106 1
2022£192,000 £2,400 1
2019£150,000 £1,875 1
2009£140,000 £1,660 1
2007£145,000 £1,812 1
2005£133,000 £1,622 1
1999£52,0001
1995£43,000 £524 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£187,000 £2,429 1
2012£150,000 £1,831 1

All the Sales in the REA DRIVE, TF1 3LS

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

AddressSold DatePrice% Change
7 REA DRIVESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-197531 Oct 2023£168,500First Sale
5 REA DRIVESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1976-198210 Jan 2022£192,00032.41%
30 Jul 2007£145,000First Sale
12 REA DRIVEDetached, FreeholdArea: 77 Sq.mtrAge: 1967-197524 Sep 2021£187,000First Sale
10 REA DRIVESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196620 Feb 2019£150,000First Sale
11 REA DRIVEDetached, FreeholdArea: 81.92 Sq.mtrAge: 1967-197523 Mar 2012£150,000First Sale
1 REA DRIVESemi-Detached, FreeholdArea: 84.36 Sq.mtrAge: 1967-197522 May 2009£140,0005.26%
18 Mar 2005£133,000209.30%
30 Nov 1995£43,000First Sale
8 REA DRIVESemi-Detached, Freehold05 Mar 1999£52,000First Sale

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

REA DRIVE, TF1 3LS Near By properties

Interactive Map

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

  • Detached
    • The average price is around £167,142 median price is £153,000 Standard Deviation is £88,866 with Total Sold: 509
    • The Last 5 Year average price is £279,730 with Total Sold: 81
    • 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 £111,634 median price is £118,000 Standard Deviation is £50,293 with Total Sold: 1,261
    • The Last 5 Year average price is £182,484 with Total Sold: 201
    • 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 £98,367 median price is £101,000 Standard Deviation is £50,447 with Total Sold: 170
    • The Last 5 Year average price is £165,279 with Total Sold: 35
    • The most recent sale happened at this postcode is , 37A THE SAVANNAHS: £174,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , 29 THE SAVANNAHS: £33,000 (Sold on 25 May 1995)
  • Flat
    • The average price is around £62,887 median price is £53,000 Standard Deviation is £47,763 with Total Sold: 113
    • The Last 5 Year average price is £124,238 with Total Sold: 20
    • 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 £233,317 median price is £137,500 Standard Deviation is £223,408 with Total Sold: 6
    • 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 THE GROVE HOUSE HOTEL, 17 WHITCHURCH ROAD: £525,000 (Sold on 16 Nov 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£293,100 £1,532 10
2023£379,358 £3,304 9
2022£338,611 £2,773 9
2021£249,650 £2,541 20
2020£269,996 £2,352 13
2019£238,125 £2,263 20
2018£240,085 £2,489 23
2017£217,286 £2,034 14
2016£206,939 £1,863 9
2015£193,354 £1,827 12
2014£202,583 £1,933 18
2013£173,611 £1,937 18
2012£174,500 £1,657 10
2011£215,421 £1,863 14
2010£201,125 £2,467 4
2009£174,690 £1,521 5
2008£246,799 £1,851 5
2007£202,226 £1,912 13
2006£205,934 £1,761 16
2005£178,393 £1,460 15
2004£208,250 £1,823 12
2003£152,108 £1,268 13
2002£131,691 £1,343 22
2001£106,971 £895 19
2000£110,444 £963 27
1999£95,180 £832 38
1998£97,592 £747 33
1997£89,738 £788 42
1996£82,487 £714 19
1995£76,475 £653 27
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£204,176 £2,328 17
2023£206,297 £2,462 33
2022£204,427 £2,517 41
2021£171,723 £2,212 41
2020£162,165 £1,943 33
2019£156,304 £1,974 36
2018£145,887 £1,952 42
2017£141,843 £1,785 39
2016£131,976 £1,624 33
2015£132,127 £1,774 42
2014£136,818 £1,642 43
2013£127,694 £1,665 38
2012£123,252 £1,730 35
2011£132,150 £1,612 23
2010£127,735 £1,591 27
2009£121,538 £1,449 25
2008£129,761 £1,657 23
2007£143,673 £1,827 37
2006£135,267 £1,705 55
2005£131,053 £1,720 40
2004£115,683 £1,526 37
2003£98,568 £1,336 52
2002£82,863 £1,047 67
2001£67,990 £847 57
2000£60,007 £780 53
1999£56,520 £728 75
1998£52,686 £665 66
1997£49,753 £725 63
1996£46,967 £637 51
1995£46,189 £569 37
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£198,0003
2023£211,500 £2,198 4
2022£195,833 £2,626 6
2021£145,750 £2,231 8
2020£156,969 £1,839 8
2019£124,667 £1,795 6
2018£115,300 £1,605 5
2017£130,620 £1,287 5
2016£124,500 £1,657 4
2015£111,417 £1,799 6
2014£114,167 £1,669 6
2013£105,000 £2,136 3
2012£108,064 £1,570 7
2011£132,5001
2010£110,000 £1,809 2
2009£93,667 £1,352 3
2008£140,000 £1,522 1
2007£129,900 £1,640 4
2006£118,167 £1,747 6
2005£101,244 £1,506 8
2004£86,428 £1,375 7
2003£74,719 £1,460 5
2002£55,598 £1,139 5
2001£56,621 £866 14
2000£44,083 £734 9
1999£44,505 £623 9
1998£43,540 £683 11
1997£47,140 £645 5
1996£39,067 £820 3
1995£49,115 £548 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£80,0001
2023£101,000 £2,358 3
2022£115,778 £1,872 2
2021£66,000 £1,384 2
2020£119,800 £1,890 4
2019£157,375 £1,676 8
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£75,250 £1,124 2
2007£82,500 £1,783 4
2006£79,704 £1,717 12
2005£68,750 £1,267 2
2004£70,665 £1,255 3
2003£56,812 £1,176 8
2002£38,487 £915 12
2001£28,749 £447 4
2000£30,410 £685 10
1999£21,617 £588 3
1998£31,000 £637 4
1997£26,000 £565 2
1996£27,100 £546 10
1995£24,082 £594 3
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
2015£525,0001

House Type in TF1 3LS area

The most common house types in the TF1 3LS postcode area are Semi-detached (93), Detached (14), and Terraced (11).

Total118
Semi-detached93
Detached14
Terraced11
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright57
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority4
Private rented: Other private rented4
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the TF1 3LS have 2 people in household (44), and 1 person in household (37).

2 people in household44
1 person in household37
3 people in household22
4 people in household10
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0