Housing Market Analysis for FURNACE LANE, TF2 7JA

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £103,575 median price is £106,250 Standard Deviation is £8,983 with Total Sold: 6
    • The most recent sale happened at this postcode is 1, ROSEMOUNT FURNACE LANE: £106,000 (Sold on 24 Nov 2017)
    • The first recorded sale happened at this postcode is 1, ROSEMOUNT FURNACE LANE: £83,950 (Sold on 08 Dec 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average TF2 7JA 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
2017£108,000 £1,421 2
2013£110,000 £1,447 1
2007£105,750 £1,398 2
2003£83,950 £1,105 1

All the Sales in the FURNACE LANE, TF2 7JA

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

AddressSold DatePrice% Change
1, ROSEMOUNT FURNACE LANESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1900-192924 Nov 2017£106,000-3.64%
27 Oct 2017£110,0000.0
26 Jul 2013£110,0003.29%
30 Nov 2007£106,50026.86%
08 Dec 2003£83,950First Sale
2, ROSEMOUNT FURNACE LANESemi-Detached, FreeholdArea: 75.3 Sq.mtrAge: 1930-194923 Mar 2007£105,000First Sale

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

FURNACE LANE, TF2 7JA Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £100,812 median price is £102,000 Standard Deviation is £46,567 with Total Sold: 549
    • The Last 5 Year average price is £151,031 with Total Sold: 111
    • The most recent sale happened at this postcode is , 46 OAKENGATES ROAD: £185,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 16 CORDINGLEY WAY: £27,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £147,008 median price is £140,000 Standard Deviation is £67,644 with Total Sold: 163
    • The Last 5 Year average price is £207,708 with Total Sold: 31
    • The most recent sale happened at this postcode is , 2 WOOD CLOSE: £262,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 4 SMITH CRESCENT: £27,000 (Sold on 13 Jan 1995)
  • Terraced
    • The average price is around £75,986 median price is £78,250 Standard Deviation is £38,880 with Total Sold: 196
    • The Last 5 Year average price is £115,784 with Total Sold: 27
    • 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 £61,202 median price is £68,250 Standard Deviation is £25,211 with Total Sold: 50
    • The Last 5 Year average price is £89,993 with Total Sold: 7
    • The most recent sale happened at this postcode is , 13 JAMES CLOSE: £110,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 14 JAMES CLOSE: £24,000 (Sold on 25 Oct 1996)
  • Other
    • The average price is around £2,162,806 median price is £318,250 Standard Deviation is £4,434,966 with Total Sold: 18
    • The Last 5 Year average price is £2,448,440 with Total Sold: 13
    • The most recent sale happened at this postcode is , UNIT 41 ST GEORGES ROAD INDUSTRIAL ESTATE: £400,000 (Sold on 22 Jul 2022)
    • The first recorded sale happened at this postcode is , 70 FURNACE LANE: £96,000 (Sold on 30 Apr 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£186,2229
2023£169,004 £2,211 27
2022£169,242 £1,981 19
2021£139,987 £1,898 19
2020£137,438 £1,830 16
2019£116,714 £1,483 21
2018£113,611 £1,274 18
2017£114,193 £1,403 27
2016£115,059 £1,377 17
2015£116,000 £1,576 16
2014£107,431 £1,308 26
2013£108,333 £1,320 9
2012£102,181 £1,311 16
2011£101,278 £1,165 9
2010£109,625 £1,356 12
2009£94,500 £1,339 6
2008£115,644 £1,316 17
2007£119,579 £1,472 36
2006£109,828 £1,268 33
2005£111,152 £1,266 21
2004£99,516 £1,170 18
2003£73,153 £998 23
2002£60,552 £713 19
2001£49,233 £630 24
2000£42,310 £505 19
1999£38,139 £508 22
1998£40,295 £447 10
1997£32,791 £405 16
1996£34,493 £399 15
1995£35,656 £424 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£262,0001
2023£200,500 £2,493 4
2022£249,500 £2,835 4
2021£212,390 £2,681 5
2020£218,100 £2,273 5
2019£185,375 £1,864 12
2018£188,993 £1,868 7
2017£212,000 £1,947 5
2016£140,000 £1,464 2
2015£166,000 £1,822 11
2014£158,333 £1,531 3
2013£154,100 £1,623 5
2012£126,750 £2,057 2
2011£163,000 £1,689 3
2010£166,665 £1,599 3
2009£133,000 £1,994 4
2008£180,000 £2,157 2
2007£172,699 £1,767 5
2006£175,681 £1,642 8
2005£159,812 £2,123 8
2004£179,712 £1,800 13
2003£122,750 £1,485 4
2002£62,200 £573 5
2001£90,262 £870 8
2000£105,750 £758 4
1999£66,325 £880 10
1998£64,000 £706 2
1997£65,129 £276 7
1996£56,167 £761 6
1995£47,899 £474 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,825 £1,411 3
2023£128,333 £2,196 3
2022£136,214 £1,854 7
2021£106,000 £1,452 5
2020£113,375 £1,254 4
2019£86,540 £1,258 5
2018£99,098 £1,410 10
2017£92,075 £1,466 2
2016£100,636 £1,397 7
2015£114,400 £1,773 5
2014£108,357 £1,406 7
2013£91,333 £1,349 3
2012£90,500 £920 2
2011£106,862 £1,273 4
2010£100,000 £855 1
2009£80,0001
2008£123,833 £1,732 3
2007£115,917 £1,769 12
2006£104,749 £1,495 6
2005£91,071 £1,205 7
2004£75,499 £1,198 11
2003£70,208 £1,051 12
2002£54,520 £725 12
2001£41,068 £612 11
2000£35,325 £588 8
1999£32,285 £496 13
1998£29,925 £429 11
1997£34,083 £536 9
1996£30,832 £438 9
1995£23,783 £235 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£110,0001
2023£85,000 £2,251 1
2022£110,000 £1,594 1
2021£92,475 £1,294 2
2019£70,000 £1,033 2
2018£68,000 £1,801 1
2017£82,500 £1,244 2
2016£63,998 £1,201 2
2015£72,475 £1,016 2
2014£67,667 £959 3
2013£67,200 £960 5
2012£55,833 £802 3
2011£71,000 £1,219 2
2008£75,000 £1,107 2
2007£72,500 £1,075 2
2006£70,750 £1,028 4
2005£72,500 £1,078 1
2004£62,498 £886 2
2002£30,880 £576 3
2001£14,580 £217 1
2000£30,250 £434 2
1998£26,000 £374 1
1997£20,625 £299 4
1996£24,000 £353 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£276,667 £1,973 3
2021£284,917 £4,368 6
2020£5,571,5243
2019£12,575,6441
2018£2,293,2623
2016£125,000 £631 1
2014£96,0001

House Type in TF2 7JA area

The most common house types in the TF2 7JA postcode area are Semi-detached (85), Terraced (30), and Detached (20).

Total135
Semi-detached85
Terraced30
Detached20
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 (43), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright43
Owned: Owns with a mortgage or loan38
Social rented: Other social rented23
Private rented: Private landlord or letting agency16
Social rented: Rents from council or Local Authority11
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the TF2 7JA have 2 people in household (45), and 3 people in household (28).

2 people in household45
3 people in household28
1 person in household27
4 people in household19
5 people in household7
6 people in household5
7 people in household2
8 or more people in household1
0 people in household0