Housing Market Analysis for FURNACE LANE, TF2 7JD

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £121,143 median price is £123,000 Standard Deviation is £60,752 with Total Sold: 7
    • The Last 5 Year average price is £232,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, BROOKLYN FURNACE LANE: £232,500 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is 2, BROOKLYN FURNACE LANE: £33,000 (Sold on 06 Feb 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average TF2 7JD 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£232,500 £2,114 1
2016£159,500 £1,450 1
2011£135,000 £1,227 1
2007£123,0001
2006£105,0001
2003£60,000 £545 1
1998£33,0001

All the Sales in the FURNACE LANE, TF2 7JD

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

AddressSold DatePrice% Change
1, BROOKLYN FURNACE LANESemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1900-192931 Aug 2023£232,50045.77%
15 Sep 2016£159,50018.15%
16 Dec 2011£135,000125.00%
08 Oct 2003£60,000First Sale
2, BROOKLYN FURNACE LANESemi-Detached, Freehold25 May 2007£123,00017.14%
24 Mar 2006£105,000218.18%
06 Feb 1998£33,000First Sale

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

FURNACE LANE, TF2 7JD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £92,331 median price is £95,000 Standard Deviation is £41,823 with Total Sold: 866
    • The Last 5 Year average price is £140,702 with Total Sold: 148
    • 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 £83,740 median price is £85,000 Standard Deviation is £38,194 with Total Sold: 323
    • The Last 5 Year average price is £123,178 with Total Sold: 60
    • 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 £64,041 median price is £66,500 Standard Deviation is £28,729 with Total Sold: 74
    • The Last 5 Year average price is £94,790 with Total Sold: 15
    • 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 FLAT 1, 146A TRENCH ROAD: £15,000 (Sold on 18 Oct 1996)
  • Detached
    • The average price is around £133,783 median price is £137,500 Standard Deviation is £68,682 with Total Sold: 145
    • The Last 5 Year average price is £206,188 with Total Sold: 21
    • 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£127,948 £1,574 24
2019£108,985 £1,388 33
2018£119,013 £1,454 34
2017£104,036 £1,354 32
2016£110,469 £1,378 31
2015£111,200 £1,345 30
2014£102,980 £1,266 30
2013£102,306 £1,215 18
2012£99,553 £1,353 17
2011£97,748 £1,180 20
2010£105,444 £1,221 18
2009£98,292 £1,311 12
2008£107,322 £1,202 20
2007£111,112 £1,385 49
2006£106,707 £1,254 55
2005£97,689 £1,283 37
2004£95,260 £1,085 30
2003£76,587 £983 36
2002£60,395 £792 45
2001£46,975 £606 42
2000£42,894 £497 33
1999£35,674 £444 35
1998£37,772 £499 26
1997£34,447 £412 20
1996£33,392 £415 26
1995£34,540 £391 22
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£136,333 £1,754 15
2021£113,722 £1,547 9
2020£113,050 £1,413 10
2019£108,220 £1,422 10
2018£101,750 £1,261 16
2017£93,311 £1,184 14
2016£94,292 £1,282 12
2015£81,778 £1,192 9
2014£84,536 £1,034 14
2013£94,100 £1,218 5
2012£102,861 £1,169 9
2011£97,908 £1,153 6
2010£112,500 £1,296 2
2009£118,2124
2008£97,900 £1,509 5
2007£105,556 £1,577 17
2006£107,860 £1,419 17
2005£86,136 £1,106 11
2004£85,421 £1,189 14
2003£69,913 £1,032 19
2002£56,595 £675 13
2001£42,136 £582 11
2000£36,241 £568 16
1999£36,979 £565 14
1998£28,825 £381 13
1997£29,649 £371 5
1996£35,200 £486 10
1995£32,764 £381 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£110,0001
2023£72,500 £1,538 2
2022£112,390 £1,657 5
2021£103,983 £1,454 3
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£65,332 £962 3
2015£72,475 £1,016 2
2014£79,500 £1,133 2
2013£63,375 £925 4
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£73,750 £1,078 2
2004£75,124 £950 4
2003£92,5001
2002£34,213 £427 3
2001£23,860 £291 3
2000£26,400 £378 5
1999£23,000 £319 1
1998£26,000 £374 1
1997£22,625 £328 4
1996£19,500 £353 2
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£166,125 £1,699 4
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£148,750 £1,738 4
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£170,200 £1,776 5
2005£151,843 £1,796 8
2004£158,161 £1,235 9
2003£138,333 £1,294 3
2002£96,890 £770 10
2001£93,721 £866 7
2000£137,983 £730 3
1999£63,211 £567 9
1998£67,4624
1997£56,571 £692 14
1996£50,390 £724 5
1995£30,483 £267 3

House Type in TF2 7JD area

The most common house types in the TF2 7JD 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 7JD 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