Housing Market Analysis for FURNACE LANE, TF2 7JY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £165,667 median price is £160,000 Standard Deviation is £34,121 with Total Sold: 3
- The Last 5 Year average price is £160,000 with Total Sold: 1
- The most recent sale happened at this postcode is 56 FURNACE LANE: £160,000 (Sold on 03 Mar 2023)
- The first recorded sale happened at this postcode is 58 FURNACE LANE: £127,000 (Sold on 13 Apr 2006)
Terraced
- The average price is around £67,415 median price is £67,000 Standard Deviation is £34,396 with Total Sold: 43
- The Last 5 Year average price is £104,911 with Total Sold: 9
- The most recent sale happened at this postcode is 38 FURNACE LANE: £95,000 (Sold on 14 Oct 2022)
- The first recorded sale happened at this postcode is 44 FURNACE LANE: £31,995 (Sold on 28 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average TF2 7JY 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£160,000	£1,839	1
2018	£210,000	£1,810	1
2006	£127,000	£1,095	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£122,500	£1,863	4
2021	£84,000	£1,012	1
2020	£95,250	£1,256	2
2019	£89,850	£1,247	2
2018	£83,667	£1,311	3
2016	£99,000	£1,833	1
2007	£113,833	£1,853	3
2005	£105,000	£1,479	1
2004	£92,000	£1,356	2
2003	£65,667	£1,165	3
2002	£56,824	£676	4
2001	£31,250	£529	2
2000	£34,820	£629	5
1999	£31,750	£571	3
1998	£29,188	£630	4
1997	£33,000	£418	1
1996	£34,122	£500	2

All the Sales in the FURNACE LANE, TF2 7JY

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

Address	Sold Date	Price	% Change
56 FURNACE LANESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	03 Mar 2023	£160,000	First Sale
38 FURNACE LANETerraced, FreeholdArea: 49 Sq.mtrAge: before 1900	14 Oct 2022	£95,000	160.27%
	22 Aug 2001	£36,500	10.61%
	05 Nov 1999	£33,000	First Sale
48 FURNACE LANETerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	07 Jun 2022	£120,000	29.73%
	28 Feb 2020	£92,500	0.54%
	05 Aug 2004	£92,000	187.95%
	10 Jul 2000	£31,950	First Sale
42 FURNACE LANETerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	22 Apr 2022	£145,000	112.30%
	18 Oct 2002	£68,300	106.97%
	01 Oct 1997	£33,000	First Sale
44 FURNACE LANETerraced, FreeholdArea: 71 Sq.mtrAge: before 1900	22 Apr 2022	£130,000	14.04%
	24 Aug 2007	£114,000	8.57%
	25 Nov 2005	£105,000	14.13%
	16 Jul 2004	£92,000	55.93%
	27 Mar 2003	£59,000	84.40%
	28 Mar 1996	£31,995	First Sale
30 FURNACE LANETerraced, FreeholdArea: 83 Sq.mtrAge: before 1900	29 Jan 2021	£84,000	14.29%
	16 Jan 2019	£73,500	36.12%
	06 Sep 2002	£53,995	107.67%
	10 Jan 2001	£26,000	First Sale
50 FURNACE LANETerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	05 Mar 2020	£98,000	20.99%
	04 Sep 2018	£81,000	First Sale
40 FURNACE LANETerraced, FreeholdArea: 66 Sq.mtrAge: before 1900	12 Jul 2019	£106,200	39.74%
	05 Jan 2018	£76,000	109.66%
	06 Sep 1996	£36,250	First Sale
58 FURNACE LANESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1976-1982	20 Dec 2018	£210,000	65.35%
	13 Apr 2006	£127,000	First Sale
36 FURNACE LANETerraced, FreeholdArea: 50 Sq.mtrAge: 1900-1929	09 Aug 2018	£94,000	-10.48%
	23 Nov 2007	£105,000	43.84%
	18 Jul 2003	£73,000	121.21%
	18 Sep 2000	£33,000	7.32%
	22 Sep 1999	£30,750	First Sale
52 FURNACE LANETerraced, FreeholdArea: 54 Sq.mtrAge: before 1900	16 Sep 2016	£99,000	52.31%
	30 May 2003	£65,000	62.70%
	27 Oct 2000	£39,950	18.55%
	02 Mar 2000	£33,700	-0.88%
	24 Apr 1998	£34,000	First Sale
54 FURNACE LANETerraced, Freehold	19 Oct 2007	£122,500	82.84%
	25 Oct 2002	£67,000	56.73%
	26 Jun 1998	£42,750	First Sale
34 FURNACE LANETerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	15 Mar 2002	£38,000	20.63%
	26 Feb 1999	£31,500	First Sale
32 FURNACE LANETerraced, Freehold	03 Nov 2000	£35,500	18.33%
32 FURNACE LANETerraced, Freehold	22 May 1998	£30,000	First Sale
26 FURNACE LANETerraced, Freehold	16 Jun 1998	£10,000	First Sale

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

FURNACE LANE, TF2 7JY Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £96,895 median price is £100,000 Standard Deviation is £45,132 with Total Sold: 827
- The Last 5 Year average price is £148,809 with Total Sold: 144
- 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 £147,090 median price is £140,000 Standard Deviation is £70,677 with Total Sold: 154
- The Last 5 Year average price is £212,910 with Total Sold: 34
- 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)
Other
- The average price is around £1,911,449 median price is £270,000 Standard Deviation is £4,157,337 with Total Sold: 21
- The Last 5 Year average price is £2,273,730 with Total Sold: 14
- 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 , 70 FURNACE LANE: £96,000 (Sold on 30 Apr 2014)
Terraced
- The average price is around £78,641 median price is £83,975 Standard Deviation is £37,084 with Total Sold: 266
- The Last 5 Year average price is £119,437 with Total Sold: 45
- 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 £61,890 median price is £67,000 Standard Deviation is £27,642 with Total Sold: 77
- The Last 5 Year average price is £93,918 with Total Sold: 14
- 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£173,938	£1,800	16
2023	£165,419	£2,147	36
2022	£164,069	£1,875	24
2021	£142,461	£1,802	19
2020	£132,239	£1,632	23
2019	£115,558	£1,438	26
2018	£115,891	£1,367	28
2017	£114,054	£1,440	40
2016	£114,510	£1,373	29
2015	£112,893	£1,424	28
2014	£107,442	£1,286	32
2013	£109,786	£1,317	14
2012	£101,493	£1,309	15
2011	£105,697	£1,211	15
2010	£104,406	£1,220	16
2009	£98,056	£1,286	9
2008	£115,418	£1,295	19
2007	£117,261	£1,444	54
2006	£108,348	£1,232	51
2005	£107,365	£1,264	36
2004	£103,843	£1,132	30
2003	£75,421	£977	37
2002	£61,322	£772	35
2001	£48,119	£597	40
2000	£44,228	£503	32
1999	£37,827	£466	35
1998	£39,887	£431	23
1997	£33,521	£412	21
1996	£33,708	£410	25
1995	£35,942	£427	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,000		1
2023	£223,000	£2,454	4
2022	£256,143	£2,640	7
2021	£212,390	£2,681	5
2020	£201,375	£2,262	4
2019	£186,500	£1,864	13
2018	£197,992	£1,912	6
2017	£172,333	£1,711	3
2016	£140,000	£1,464	2
2015	£148,800	£1,790	10
2014	£158,333	£1,531	3
2013	£154,100	£1,623	5
2012	£129,500	£2,057	3
2011	£157,000	£1,812	2
2010	£166,665	£1,599	3
2009	£116,250	£1,427	4
2008	£140,000		1
2007	£180,200	£1,767	5
2006	£181,744	£1,684	8
2005	£156,856	£1,977	7
2004	£178,229	£1,710	12
2003	£134,000	£1,558	3
2002	£80,490	£573	5
2001	£84,766	£869	6
2000	£105,000	£786	3
1999	£69,194	£880	9
1998	£64,000	£706	2
1997	£61,414	£276	7
1996	£51,833	£761	6
1995	£35,100	£434	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,000		1
2022	£276,667	£1,973	3
2021	£257,833	£3,957	6
2020	£8,302,286		2
2019	£6,357,822	£2,029	2
2018	£1,721,806	£107	4
2016	£125,000	£631	1
2015	£1,200,000		1
2014	£96,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£141,782	£1,992	7
2023	£125,429	£1,759	7
2022	£131,889	£1,804	9
2021	£104,429	£1,468	7
2020	£114,278	£1,323	9
2019	£92,950	£1,275	6
2018	£99,891	£1,315	14
2017	£96,305	£1,258	11
2016	£98,292	£1,322	12
2015	£107,571	£1,600	7
2014	£83,458	£1,051	12
2013	£77,000	£1,087	4
2012	£96,250	£1,149	7
2011	£107,490	£1,266	5
2010	£100,000	£855	1
2009	£80,000		1
2008	£110,500	£1,763	3
2007	£103,175	£1,723	14
2006	£97,954	£1,390	11
2005	£84,278	£1,096	9
2004	£78,994	£1,237	11
2003	£69,303	£1,080	13
2002	£53,482	£672	12
2001	£41,977	£612	11
2000	£31,747	£529	12
1999	£32,100	£505	12
1998	£29,640	£401	12
1997	£34,154	£531	11
1996	£31,045	£430	11
1995	£25,670	£270	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£110,000		1
2023	£82,500	£1,895	2
2022	£112,390	£1,657	5
2021	£92,475	£1,294	2
2020	£76,475	£1,106	2
2019	£70,000	£1,033	2
2018	£69,000	£1,301	3
2017	£82,167	£1,218	3
2016	£60,749	£1,033	4
2015	£72,475	£1,016	2
2014	£67,667	£959	3
2013	£65,167	£935	6
2012	£55,833	£802	3
2011	£69,667	£1,252	3
2008	£80,667	£1,182	3
2007	£74,000	£1,083	3
2006	£69,600	£1,026	5
2005	£73,750	£1,078	2
2004	£64,332	£950	3
2002	£30,880	£576	3
2001	£23,860	£291	3
2000	£26,875	£385	4
1999	£23,000	£319	1
1998	£26,000	£374	1
1997	£21,083	£297	6
1996	£19,500	£353	2

House Type in TF2 7JY area

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

Total	131
Semi-detached	73
Terraced	33
Flat	12
Detached	10
Shared house	1
converted building	1
commercial building	1
temporary structure	0

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 loan	39
Owned: Owns outright	29
Private rented: Private landlord or letting agency	29
Social rented: Other social rented	15
Social rented: Rents from council or Local Authority	9
Private rented: Other private rented	8
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

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

1 person in household	41
3 people in household	32
2 people in household	26
4 people in household	19
6 people in household	6
5 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0