Housing Market Analysis for FURNACE LANE, TF2 7HZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £118,000 median price is £118,000 Standard Deviation is £92,000 with Total Sold: 2
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, IVANHOE FURNACE LANE: £210,000 (Sold on 31 Mar 2022)
    • The first recorded sale happened at this postcode is 1, IVANHOE FURNACE LANE: £26,000 (Sold on 13 Sep 1995)
  • Semi-Detached
    • The average price is around £82,332 median price is £87,000 Standard Deviation is £32,824 with Total Sold: 3
    • The most recent sale happened at this postcode is 2, IVANHOE VILLAS FURNACE LANE: £119,995 (Sold on 03 Feb 2006)
    • The first recorded sale happened at this postcode is 1, IVANHOE FURNACE LANE: £40,000 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average TF2 7HZ 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
2022£210,000 £2,211 1
1995£26,000 £274 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£119,9951
2003£87,0001
1995£40,000 £421 1

All the Sales in the FURNACE LANE, TF2 7HZ

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

AddressSold DatePrice% Change
1, IVANHOE FURNACE LANEDetached, FreeholdArea: 95 Sq.mtrAge: 1900-192931 Mar 2022£210,000425.00%
29 Sep 1995£40,00053.85%
13 Sep 1995£26,000First Sale
2, IVANHOE VILLAS FURNACE LANESemi-Detached, Freehold03 Feb 2006£119,99537.93%
07 Feb 2003£87,000First Sale

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

FURNACE LANE, TF2 7HZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £92,554 median price is £95,000 Standard Deviation is £41,802 with Total Sold: 844
    • The Last 5 Year average price is £140,893 with Total Sold: 145
    • 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 £2,566,833 median price is £176,000 Standard Deviation is £4,764,029 with Total Sold: 15
    • 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 £84,469 median price is £85,000 Standard Deviation is £38,619 with Total Sold: 288
    • 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 , 29 OAKENGATES ROAD: £16,350 (Sold on 13 Apr 1995)
  • Flat
    • The average price is around £64,175 median price is £66,000 Standard Deviation is £28,141 with Total Sold: 59
    • 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 £134,493 median price is £137,750 Standard Deviation is £69,852 with Total Sold: 138
    • The Last 5 Year average price is £207,898 with Total Sold: 20
    • 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£160,608 £2,152 33
2022£159,566 £1,885 25
2021£133,737 £1,641 19
2020£125,739 £1,572 22
2019£109,578 £1,381 32
2018£119,013 £1,454 34
2017£104,005 £1,346 31
2016£110,398 £1,396 29
2015£111,200 £1,345 30
2014£102,462 £1,261 29
2013£102,306 £1,215 18
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£107,322 £1,202 20
2007£111,112 £1,385 49
2006£106,369 £1,254 54
2005£97,625 £1,274 36
2004£94,993 £1,072 28
2003£76,587 £983 36
2002£61,050 £783 42
2001£47,250 £607 40
2000£42,532 £492 32
1999£35,723 £434 34
1998£37,363 £499 25
1997£34,447 £412 20
1996£33,168 £418 25
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£935,0002
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£32,392 £381 6
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£76,500 £1,128 3
2016£57,500 £865 2
2015£72,475 £1,016 2
2014£83,000 £1,196 1
2013£55,000 £809 1
2012£55,833 £802 3
2011£69,667 £1,252 3
2008£75,667 £1,253 3
2007£77,500 £1,159 2
2006£68,300 £1,033 5
2005£75,0001
2004£87,750 £1,079 2
2003£92,5001
2002£44,000 £647 2
2001£28,500 £365 2
2000£26,375 £378 4
1999£23,000 £319 1
1998£26,000 £374 1
1997£22,625 £328 4
1996£15,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£219,000 £2,090 3
2022£245,750 £2,566 6
2021£206,790 £2,344 5
2020£166,667 £2,278 3
2019£164,167 £1,642 3
2018£192,317 £1,823 3
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£125,000 £1,979 2
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£176,250 £1,894 4
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 7HZ area

The most common house types in the TF2 7HZ postcode area are Semi-detached (73), Terraced (33), and Flat (12).

Total131
Semi-detached73
Terraced33
Flat12
Detached10
Shared house1
converted building1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (39), and Owned: Owns outright (29).

Owned: Owns with a mortgage or loan39
Owned: Owns outright29
Private rented: Private landlord or letting agency29
Social rented: Other social rented15
Social rented: Rents from council or Local Authority9
Private rented: Other private rented8
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the TF2 7HZ have 1 person in household (41), and 3 people in household (32).

1 person in household41
3 people in household32
2 people in household26
4 people in household19
6 people in household6
5 people in household3
7 people in household1
0 people in household0
8 or more people in household0