Housing Market Analysis for FURNACE LANE, TF2 7JE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £130,489 median price is £115,000 Standard Deviation is £71,275 with Total Sold: 9
    • The Last 5 Year average price is £197,500 with Total Sold: 3
    • 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 OAKENWELL FURNACE LANE: £59,950 (Sold on 23 Jul 1997)
  • Semi-Detached
    • The average price is around £93,514 median price is £88,000 Standard Deviation is £35,989 with Total Sold: 18
    • The most recent sale happened at this postcode is 62 FURNACE LANE: £150,000 (Sold on 04 Aug 2017)
    • The first recorded sale happened at this postcode is 60B FURNACE LANE: £46,000 (Sold on 27 Mar 1997)
  • Other
    • The average price is around £96,000 median price is £96,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 70 FURNACE LANE: £96,000 (Sold on 30 Apr 2014)
    • 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:

Below table and chart gives the average TF2 7JE 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£125,000 £1,761 1
2022£295,000 £2,077 1
2019£172,500 £1,215 1
2007£115,000 £1,620 1
2004£180,0001
2001£81,0002
1999£64,950 £457 1
1997£59,9501
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£150,000 £2,113 1
2015£146,500 £1,787 1
2010£113,000 £1,256 1
2008£132,500 £1,441 2
2006£118,500 £1,372 2
2005£100,375 £1,129 2
2003£94,000 £1,146 1
2002£76,165 £856 3
2001£65,000 £604 1
2000£46,750 £446 2
1997£45,000 £482 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£96,0001

All the Sales in the FURNACE LANE, TF2 7JE

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

AddressSold DatePrice% Change
60 FURNACE LANEDetached, FreeholdArea: 71 Sq.mtrAge: 1900-192911 Sep 2023£125,0008.70%
21 Sep 2007£115,000First Sale
BROOKLANDS FURNACE LANEDetached, FreeholdArea: 142 Sq.mtrAge: before 190006 Jun 2022£295,00071.01%
19 Jul 2019£172,500165.59%
04 Jun 1999£64,950First Sale
62 FURNACE LANESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1900-192904 Aug 2017£150,00032.74%
18 Dec 2006£113,00037.80%
21 Oct 2005£82,000First Sale
60A FURNACE LANESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1996-200209 Jun 2015£146,50055.85%
16 May 2003£94,00023.68%
19 Dec 2002£76,000-1.94%
08 Nov 2002£77,50076.14%
18 Jul 1997£44,000First Sale
70 FURNACE LANEOther, Freehold30 Apr 2014£96,000-12.73%
15 Apr 2008£110,000141.76%
20 Nov 2000£45,500First Sale
74 FURNACE LANESemi-Detached, FreeholdArea: 90 Sq.mtr06 Oct 2010£113,000First Sale
60C FURNACE LANESemi-Detached, FreeholdArea: 107.6 Sq.mtrAge: 2007 onwards18 Aug 2008£155,00025.00%
12 Jul 2006£124,000158.33%
22 Sep 2000£48,000First Sale
60B FURNACE LANESemi-Detached, FreeholdArea: 107.6 Sq.mtr03 Jun 2005£118,75058.34%
05 Apr 2002£74,99515.38%
26 Jan 2001£65,00041.30%
27 Mar 1997£46,000First Sale
OAKENWELL FURNACE LANEDetached, Freehold04 Jun 2004£180,000125.00%
24 Aug 2001£80,00033.44%
23 Jul 1997£59,950First Sale
64 FURNACE LANEDetached, Freehold22 Oct 2001£82,000First Sale

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

FURNACE LANE, TF2 7JE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £92,892 median price is £95,000 Standard Deviation is £42,657 with Total Sold: 917
    • The Last 5 Year average price is £142,346 with Total Sold: 153
    • 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)
  • Other
    • The average price is around £2,200,111 median price is £366,500 Standard Deviation is £4,425,577 with Total Sold: 18
    • The Last 5 Year average price is £3,382,802 with Total Sold: 9
    • 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 £81,519 median price is £84,000 Standard Deviation is £37,391 with Total Sold: 310
    • The Last 5 Year average price is £120,679 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 £63,912 median price is £67,000 Standard Deviation is £28,229 with Total Sold: 79
    • The Last 5 Year average price is £94,178 with Total Sold: 16
    • 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 £141,067 median price is £142,000 Standard Deviation is £70,675 with Total Sold: 165
    • The Last 5 Year average price is £212,718 with Total Sold: 25
    • 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 1, IVANHOE FURNACE LANE: £26,000 (Sold on 13 Sep 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,029 £1,800 17
2023£164,059 £2,175 35
2022£160,846 £1,833 25
2021£133,737 £1,641 19
2020£127,830 £1,566 25
2019£107,484 £1,346 32
2018£119,749 £1,424 38
2017£107,620 £1,378 35
2016£111,439 £1,399 34
2015£111,438 £1,392 32
2014£105,724 £1,309 33
2013£103,139 £1,221 18
2012£100,021 £1,313 19
2011£99,672 £1,156 20
2010£105,250 £1,184 16
2009£95,500 £1,239 13
2008£108,430 £1,219 22
2007£112,072 £1,400 55
2006£106,259 £1,231 59
2005£97,878 £1,237 41
2004£95,715 £1,076 29
2003£75,517 £956 36
2002£60,733 £792 46
2001£46,746 £593 44
2000£42,743 £497 35
1999£35,926 £459 40
1998£37,183 £485 28
1997£35,281 £425 22
1996£32,765 £411 27
1995£34,313 £391 22
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,0001
2021£275,000 £4,536 4
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£105,438 £1,451 8
2020£106,167 £1,326 9
2019£102,800 £1,341 9
2018£101,059 £1,249 17
2017£93,311 £1,184 14
2016£96,714 £1,293 14
2015£91,455 £1,316 11
2014£82,000 £988 13
2013£85,125 £1,089 4
2012£100,719 £1,149 8
2011£97,908 £1,153 6
2010£112,500 £1,296 2
2009£115,9705
2008£97,900 £1,509 5
2007£100,830 £1,566 15
2006£98,804 £1,384 13
2005£82,250 £1,044 10
2004£72,354 £1,088 11
2003£69,913 £1,032 19
2002£54,849 £653 15
2001£42,136 £582 11
2000£33,529 £547 14
1999£32,225 £506 14
1998£28,825 £381 13
1997£29,649 £371 5
1996£34,666 £473 9
1995£25,670 £270 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£110,0001
2023£76,667 £1,895 3
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£69,250 £1,220 4
2017£76,625 £1,151 4
2016£60,749 £1,033 4
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£33,910 £576 4
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£194,333 £2,295 3
2019£196,187 £1,816 8
2018£188,658 £1,857 6
2017£151,000 £2,057 3
2016£187,500 £1,564 4
2015£124,643 £1,638 7
2014£181,325 £1,740 6
2013£156,667 £1,743 3
2012£125,000 £1,979 2
2010£144,000 £1,789 2
2009£121,500 £1,213 2
2008£216,250 £1,846 4
2007£196,687 £1,776 8
2006£186,825 £1,715 6
2005£153,274 £1,974 10
2004£176,731 £1,609 13
2003£138,333 £1,294 3
2002£101,655 £770 9
2001£93,721 £866 7
2000£135,190 £786 5
1999£68,433 £661 9
1998£69,9705
1997£57,555 £651 18
1996£50,390 £724 5
1995£35,500 £385 3

House Type in TF2 7JE area

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