Housing Market Analysis for FURNACE LANE, TF2 7HY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £224,000 median price is £200,000 Standard Deviation is £84,194 with Total Sold: 3
    • The Last 5 Year average price is £268,500 with Total Sold: 2
    • The most recent sale happened at this postcode is HUMBLE HAVEN FURNACE LANE: £337,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is LANGEMARCK FURNACE LANE: £135,000 (Sold on 23 Jul 2012)
  • Semi-Detached
    • The average price is around £123,125 median price is £123,125 Standard Deviation is £24,375 with Total Sold: 2
    • The Last 5 Year average price is £147,500 with Total Sold: 1
    • The most recent sale happened at this postcode is MICKLEHAYES FURNACE LANE: £147,500 (Sold on 11 May 2020)
    • The first recorded sale happened at this postcode is GLENLEIGH FURNACE LANE: £98,750 (Sold on 24 May 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average TF2 7HY 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£337,000 £2,785 1
2019£200,0001
2012£135,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£147,500 £1,821 1
2007£98,750 £1,176 1

All the Sales in the FURNACE LANE, TF2 7HY

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

AddressSold DatePrice% Change
HUMBLE HAVEN FURNACE LANEDetached, FreeholdArea: 121 Sq.mtrAge: 1930-194924 Mar 2023£337,000First Sale
MICKLEHAYES FURNACE LANESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-194911 May 2020£147,500First Sale
LANGEMARCK FURNACE LANEDetached, Freehold01 Mar 2019£200,00048.15%
23 Jul 2012£135,000First Sale
GLENLEIGH FURNACE LANESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1900-192924 May 2007£98,750First Sale

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

FURNACE LANE, TF2 7HY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £92,566 median price is £95,000 Standard Deviation is £41,533 with Total Sold: 806
    • The Last 5 Year average price is £140,169 with Total Sold: 139
    • The most recent sale happened at this postcode is , 27 PARK ROAD: £135,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 CORDINGLEY WAY: £27,000 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £2,664,464 median price is £158,000 Standard Deviation is £4,916,720 with Total Sold: 14
    • The Last 5 Year average price is £4,890,952 with Total Sold: 6
    • The most recent sale happened at this postcode is , 16 EAST AVENUE: £135,000 (Sold on 18 Jun 2024)
    • The first recorded sale happened at this postcode is , PERGO HOUSE WELLINGTON ROAD: £176,000 (Sold on 15 Nov 2013)
  • Terraced
    • The average price is around £84,706 median price is £85,000 Standard Deviation is £38,476 with Total Sold: 287
    • The Last 5 Year average price is £123,371 with Total Sold: 57
    • The most recent sale happened at this postcode is , 76 PARK ROAD: £165,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 93 WREKIN DRIVE: £32,000 (Sold on 13 Apr 1995)
  • Flat
    • The average price is around £64,060 median price is £65,000 Standard Deviation is £28,703 with Total Sold: 48
    • The Last 5 Year average price is £91,825 with Total Sold: 12
    • 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)
  • Detached
    • The average price is around £133,978 median price is £136,750 Standard Deviation is £70,687 with Total Sold: 134
    • The Last 5 Year average price is £209,368 with Total Sold: 19
    • The most recent sale happened at this postcode is , 60 FURNACE LANE: £125,000 (Sold on 11 Sep 2023)
    • The first recorded sale happened at this postcode is , 23 STANMORE DRIVE: £41,950 (Sold on 28 Jul 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£166,179 £1,800 14
2023£158,635 £2,114 30
2022£161,920 £1,947 23
2021£133,737 £1,641 19
2020£125,739 £1,572 22
2019£108,597 £1,369 31
2018£118,639 £1,445 32
2017£101,291 £1,312 28
2016£113,782 £1,451 25
2015£111,200 £1,345 30
2014£104,861 £1,296 26
2013£102,294 £1,177 17
2012£99,553 £1,353 17
2011£97,748 £1,180 20
2010£103,588 £1,217 17
2009£98,292 £1,311 12
2008£107,553 £1,177 18
2007£110,875 £1,385 48
2006£106,369 £1,254 54
2005£96,871 £1,280 35
2004£95,223 £1,074 26
2003£76,587 £983 36
2002£61,696 £794 39
2001£47,250 £607 40
2000£41,840 £470 28
1999£35,300 £434 32
1998£37,108 £499 24
1997£34,513 £400 18
1996£33,112 £414 24
1995£34,733 £391 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,0001
2021£500 £8 1
2020£8,247,286 £3,224 2
2019£6,357,822 £2,029 2
2018£1,743,6964
2017£40,0001
2015£670,0001
2014£96,0001
2013£176,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£143,184 £1,992 8
2023£120,500 £1,592 8
2022£137,321 £1,753 14
2021£112,500 £1,506 7
2020£113,050 £1,413 10
2019£108,220 £1,422 10
2018£100,962 £1,206 13
2017£92,796 £1,138 13
2016£94,292 £1,282 12
2015£76,812 £1,127 8
2014£84,536 £1,034 14
2013£94,100 £1,218 5
2012£102,861 £1,169 9
2011£98,490 £1,046 5
2010£112,500 £1,296 2
2009£130,9503
2008£86,000 £1,412 3
2007£104,930 £1,555 15
2006£107,875 £1,414 15
2005£85,450 £1,079 10
2004£87,626 £1,178 11
2003£68,932 £1,014 17
2002£56,269 £675 12
2001£41,188 £489 8
2000£36,557 £577 15
1999£38,528 £606 9
1998£28,228 £381 12
1997£28,686 £337 4
1996£35,200 £486 10
1995£35,600 £413 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£72,500 £1,538 2
2022£112,988 £1,673 4
2021£106,000 £1,477 2
2020£76,475 £1,106 2
2019£70,000 £1,033 2
2018£69,667 £1,027 3
2017£70,750 £1,058 2
2016£57,500 £865 2
2015£60,000 £811 1
2013£55,000 £809 1
2012£49,500 £709 2
2011£62,000 £1,266 2
2008£75,667 £1,253 3
2007£77,500 £1,159 2
2006£56,167 £883 3
2005£75,0001
2004£87,750 £1,079 2
2003£92,5001
2002£43,0001
2001£28,500 £365 2
2000£23,833 £341 3
1999£23,000 £319 1
1997£22,167 £319 3
1996£15,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£219,000 £2,090 3
2022£245,750 £2,566 6
2021£213,500 £2,155 4
2020£166,667 £2,278 3
2019£164,167 £1,642 3
2018£203,500 £2,122 2
2017£154,500 £2,092 4
2016£179,800 £1,670 5
2015£124,643 £1,638 7
2014£162,590 £1,784 5
2013£151,666 £1,825 3
2012£135,0001
2010£143,000 £1,809 1
2009£121,500 £1,213 2
2008£216,250 £1,846 4
2007£182,286 £1,664 7
2006£187,667 £1,344 3
2005£165,291 £1,849 6
2004£158,161 £1,235 9
2003£138,333 £1,294 3
2002£96,890 £770 10
2001£91,075 £866 6
2000£137,983 £730 3
1999£65,112 £567 8
1998£67,4624
1997£56,571 £692 14
1996£50,390 £724 5
1995£30,483 £267 3

House Type in TF2 7HY area

The most common house types in the TF2 7HY postcode area are Semi-detached (69), Terraced (33), and Detached (16).

Total118
Semi-detached69
Terraced33
Detached16
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 with a mortgage or loan (40), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan40
Owned: Owns outright36
Private rented: Private landlord or letting agency20
Social rented: Rents from council or Local Authority12
Social rented: Other social rented7
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the TF2 7HY have 2 people in household (36), and 1 person in household (34).

2 people in household36
1 person in household34
3 people in household24
4 people in household13
5 people in household12
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0