Housing Market Analysis for PRESTON GROVE, TF2 7DE

Are you looking to understand TF2 7DE 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 TF2 7DE area, explore the TF2 7DE Area information page.
For comprehensive crime statistics in the TF2 7DE area, explore the TF2 7DE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TF2 7DE postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £103,138 median price is £115,000 Standard Deviation is £38,002 with Total Sold: 21
- The Last 5 Year average price is £158,000 with Total Sold: 2
- The most recent sale happened at this postcode is 61 PRESTON GROVE: £170,000 (Sold on 02 Oct 2023)
- The first recorded sale happened at this postcode is 65 PRESTON GROVE: £40,500 (Sold on 26 May 1995)
Terraced
- The average price is around £80,000 median price is £79,500 Standard Deviation is £37,860 with Total Sold: 4
- The most recent sale happened at this postcode is 74 PRESTON GROVE: £124,500 (Sold on 24 Nov 2006)
- The first recorded sale happened at this postcode is 72 PRESTON GROVE: £36,500 (Sold on 07 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average TF2 7DE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£170,000	£2,179	1
2022	£146,000	£1,738	1
2018	£128,000	£1,573	2
2017	£123,000	£2,305	2
2015	£107,000	£1,009	1
2013	£117,250	£1,643	2
2012	£97,000	£1,448	1
2011	£88,000	£1,828	1
2010	£121,000	£1,275	1
2007	£124,975	£1,320	2
2005	£129,995	£2,500	1
2004	£110,000	£1,038	1
2001	£52,000		1
2000	£52,000	£491	1
1996	£30,950	£402	1
1995	£37,750	£382	2

House Type: Terraced

Year	Avg. Price	Sold
2006	£124,500	1
2005	£110,000	1
2001	£49,000	1
1996	£36,500	1

All the Sales in the PRESTON GROVE, TF2 7DE

See the table below for more details on the sold house prices in the TF2 7DE, Telford and Wrekin postcode.

Address	Sold Date	Price	% Change
61 PRESTON GROVESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	02 Oct 2023	£170,000	33.33%
	06 Aug 2018	£127,500	First Sale
62 PRESTON GROVESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	25 Feb 2022	£146,000	First Sale
64 PRESTON GROVESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	14 Sep 2018	£128,500	6.20%
	29 Jan 2007	£121,000	First Sale
76 PRESTON GROVESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1950-1966	14 Jun 2017	£131,000	0.77%
	22 Aug 2005	£129,995	First Sale
75 PRESTON GROVESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1950-1966	28 Apr 2017	£115,000	First Sale
65 PRESTON GROVESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1967-1975	16 Feb 2015	£107,000	-17.02%
	13 Apr 2007	£128,950	17.23%
	20 Aug 2004	£110,000	111.54%
	04 Dec 2000	£52,000	28.40%
	26 May 1995	£40,500	First Sale
66 PRESTON GROVESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	18 Oct 2013	£110,000	255.41%
	12 Nov 1996	£30,950	First Sale
57 PRESTON GROVESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1967-1975	14 Jun 2013	£124,500	28.35%
	15 Oct 2012	£97,000	First Sale
63 PRESTON GROVESemi-Detached, FreeholdArea: 48.15 Sq.mtrAge: 1950-1966	23 Nov 2011	£88,000	First Sale
70 PRESTON GROVESemi-Detached, FreeholdArea: 94.88 Sq.mtrAge: 1950-1966	30 Jun 2010	£121,000	First Sale
74 PRESTON GROVETerraced, Freehold	24 Nov 2006	£124,500	13.18%
74 PRESTON GROVETerraced, Freehold	01 Nov 2005	£110,000	First Sale
60 PRESTON GROVESemi-Detached, Freehold	25 May 2001	£52,000	48.57%
60 PRESTON GROVESemi-Detached, Freehold	14 Nov 1995	£35,000	First Sale
73 PRESTON GROVETerraced, Freehold	04 May 2001	£49,000	First Sale
72 PRESTON GROVETerraced, Freehold	07 Jun 1996	£36,500	First Sale

Check out the sold house prices near the TF2 7DE postcode. Properties currently for saleProperties currently for rent

PRESTON GROVE, TF2 7DE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TF2 7DE 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 TF2 7DE postcode.

Terraced
- The average price is around £95,845 median price is £94,998 Standard Deviation is £48,315 with Total Sold: 186
- The Last 5 Year average price is £165,758 with Total Sold: 31
- The most recent sale happened at this postcode is , 233 WOMBRIDGE ROAD: £187,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 7 HORTON ROAD: £20,000 (Sold on 05 Jan 1995)
Semi-Detached
- The average price is around £105,730 median price is £112,875 Standard Deviation is £47,302 with Total Sold: 972
- The Last 5 Year average price is £164,416 with Total Sold: 155
- The most recent sale happened at this postcode is , 212 TEAGUES CRESCENT: £230,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 1 LILY TERRACE: £33,500 (Sold on 10 Feb 1995)
Detached
- The average price is around £128,802 median price is £129,475 Standard Deviation is £92,552 with Total Sold: 194
- The Last 5 Year average price is £210,106 with Total Sold: 29
- The most recent sale happened at this postcode is , 204 TEAGUES CRESCENT: £320,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 23 STANMORE DRIVE: £41,950 (Sold on 28 Jul 1995)
Flat
- The average price is around £61,275 median price is £63,000 Standard Deviation is £34,757 with Total Sold: 16
- The Last 5 Year average price is £95,580 with Total Sold: 5
- The most recent sale happened at this postcode is , 35 GORDON ROAD: £80,000 (Sold on 08 Dec 2023)
- The first recorded sale happened at this postcode is FLAT 1, 146A TRENCH ROAD: £15,000 (Sold on 18 Oct 1996)
Other
- The average price is around £490,140 median price is £217,500 Standard Deviation is £640,145 with Total Sold: 20
- The Last 5 Year average price is £354,600 with Total Sold: 10
- The most recent sale happened at this postcode is , 5 COURTLAND DRIVE: £12,000 (Sold on 28 Feb 2023)
- The first recorded sale happened at this postcode is , A B B LTD HORTONWOOD 37: £1,600,000 (Sold on 07 Feb 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£196,500		5
2023	£167,333	£2,105	3
2022	£184,000	£2,193	4
2021	£162,312	£1,960	8
2020	£145,125	£1,760	4
2019	£148,429	£1,869	7
2018	£122,699	£1,689	10
2017	£110,150	£1,341	5
2016	£105,375	£1,246	4
2015	£104,062	£1,235	8
2014	£111,738	£1,389	4
2013	£107,250	£1,358	4
2012	£111,000	£1,316	4
2011	£92,375	£1,129	2
2009	£105,833	£1,502	3
2008	£88,500	£1,446	2
2007	£126,328	£1,527	9
2006	£113,976	£1,563	16
2005	£106,832	£1,474	6
2004	£82,874	£1,157	8
2003	£68,988	£878	8
2002	£80,498	£1,043	3
2001	£50,394	£558	12
2000	£47,632	£640	9
1999	£43,325	£588	8
1998	£44,029	£581	12
1997	£37,362	£579	4
1996	£37,357	£489	7
1995	£40,071	£598	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,923	£2,802	13
2023	£186,442	£2,510	31
2022	£176,804	£2,238	23
2021	£160,115	£2,110	26
2020	£150,828	£1,853	29
2019	£138,007	£1,768	33
2018	£138,720	£1,794	40
2017	£132,784	£1,766	28
2016	£126,990	£1,638	34
2015	£125,040	£1,588	37
2014	£124,312	£1,609	28
2013	£121,038	£1,478	13
2012	£110,924	£1,454	23
2011	£107,889	£1,376	18
2010	£119,640	£1,504	21
2009	£112,029	£1,435	17
2008	£131,430	£1,526	23
2007	£130,174	£1,602	54
2006	£123,440	£1,610	51
2005	£118,934	£1,522	39
2004	£114,182	£1,384	46
2003	£93,797	£1,176	40
2002	£73,167	£937	34
2001	£58,682	£759	42
2000	£50,996	£596	36
1999	£47,207	£574	34
1998	£44,369	£553	44
1997	£43,540	£505	38
1996	£40,931	£484	34
1995	£40,188	£478	43

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£324,062		2
2023	£244,285	£2,630	7
2022	£207,000	£2,966	6
2021	£177,874	£2,169	4
2020	£178,600	£2,212	5
2019	£177,690	£2,271	5
2018	£162,500	£2,237	2
2017	£151,869	£2,047	8
2016	£139,778	£2,103	9
2015	£140,500	£2,241	7
2014	£150,744	£1,685	8
2013	£141,071	£1,570	7
2012	£128,500	£2,089	2
2011	£117,500	£2,323	2
2010	£140,500	£2,215	2
2009	£105,000	£1,579	1
2008	£149,849	£1,535	6
2007	£186,875	£1,521	4
2006	£151,000	£1,773	11
2005	£139,406	£1,693	8
2004	£149,838	£1,765	8
2003	£368,000	£1,398	4
2002	£93,335	£1,639	10
2001	£86,550	£781	6
2000	£70,800	£850	8
1999	£56,979	£1,058	17
1998	£63,107	£1,153	7
1997	£56,213	£700	19
1996	£51,088	£685	8
1995	£41,950		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£80,000	£1,538	1
2022	£122,475	£1,761	2
2020	£76,475	£1,106	2
2017	£81,500	£1,164	1
2016	£60,000	£857	1
2013	£55,000	£809	1
2008	£92,000	£1,333	1
2005	£75,000		1
2001	£34,000		1
2000	£23,500	£336	2
1999	£23,000	£319	1
1997	£20,000	£286	1
1996	£15,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£293,500	£162	2
2021	£399,375	£1,432	4
2020	£138,500		1
2019	£407,667	£2,029	3
2018	£741,701	£1,799	4
2017	£368,750		4
2016	£215,000		1
2014	£1,600,000		1

House Type in TF2 7DE area

The most common house types in the TF2 7DE postcode area are Semi-detached (106), Detached (6), and Terraced (2).

Total	114
Semi-detached	106
Detached	6
Terraced	2
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (60), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	60
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	9
Social rented: Other social rented	7
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the TF2 7DE have 2 people in household (47), and 1 person in household (27).

2 people in household	47
1 person in household	27
3 people in household	22
4 people in household	13
6 people in household	3
5 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0