Housing Market Analysis for WOOD CLOSE, TF2 7LU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £168,859 median price is £187,500 Standard Deviation is £87,135 with Total Sold: 11
    • The Last 5 Year average price is £263,625 with Total Sold: 4
    • 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 8 WOOD CLOSE: £60,000 (Sold on 14 Aug 1996)
  • Semi-Detached
    • The average price is around £152,500 median price is £152,500 Standard Deviation is £12,500 with Total Sold: 2
    • The Last 5 Year average price is £152,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 WOOD CLOSE: £165,000 (Sold on 24 Sep 2020)
    • The first recorded sale happened at this postcode is 7 WOOD CLOSE: £140,000 (Sold on 22 Aug 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average TF2 7LU 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
2024£262,0001
2022£282,500 £3,672 2
2019£227,500 £2,917 1
2013£187,500 £2,404 1
2007£188,5001
2005£171,0001
1999£74,000 £1,104 1
1997£67,9501
1996£57,000 £769 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£165,000 £2,578 1
2019£140,000 £2,295 1

All the Sales in the WOOD CLOSE, TF2 7LU

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

AddressSold DatePrice% Change
2 WOOD CLOSEDetached, Freehold21 Jun 2024£262,000254.05%
22 Nov 1999£74,000First Sale
4 WOOD CLOSEDetached, FreeholdArea: 76 Sq.mtrAge: 1983-199013 Dec 2022£300,000First Sale
8 WOOD CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 1991-199530 Mar 2022£265,00041.33%
09 Oct 2013£187,500212.50%
14 Aug 1996£60,000First Sale
6 WOOD CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 2007 onwards24 Sep 2020£165,000First Sale
7 WOOD CLOSESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1976-198222 Aug 2019£140,000First Sale
3 WOOD CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 1983-199019 Jun 2019£227,500First Sale
5 WOOD CLOSEDetached, Freehold24 Aug 2007£188,500First Sale
9 WOOD CLOSEDetached, Freehold29 Jun 2005£171,000First Sale
1 WOOD CLOSEDetached, Freehold05 Dec 1997£67,95025.83%
23 Aug 1996£54,000First Sale

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

WOOD CLOSE, TF2 7LU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £99,388 median price is £100,000 Standard Deviation is £44,771 with Total Sold: 627
    • The Last 5 Year average price is £147,937 with Total Sold: 121
    • 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 £148,676 median price is £144,000 Standard Deviation is £63,729 with Total Sold: 183
    • The Last 5 Year average price is £204,956 with Total Sold: 35
    • 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 £297,132 median price is £225,857 Standard Deviation is £257,547 with Total Sold: 18
    • The Last 5 Year average price is £276,436 with Total Sold: 13
    • 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 , CHAMPION JOCKEY INN WREKIN DRIVE: £1,200,000 (Sold on 26 Jun 2015)
  • Terraced
    • The average price is around £80,921 median price is £81,000 Standard Deviation is £39,809 with Total Sold: 286
    • The Last 5 Year average price is £112,971 with Total Sold: 55
    • 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 £59,620 median price is £61,250 Standard Deviation is £24,169 with Total Sold: 64
    • The Last 5 Year average price is £84,919 with Total Sold: 13
    • 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£174,54212
2023£170,076 £2,193 27
2022£166,084 £1,955 19
2021£137,163 £1,791 23
2020£135,900 £1,692 15
2019£114,600 £1,445 25
2018£115,130 £1,285 23
2017£111,804 £1,386 27
2016£128,018 £1,446 26
2015£113,791 £1,507 17
2014£104,453 £1,255 29
2013£118,000 £1,341 7
2012£102,800 £1,374 13
2011£98,409 £1,098 11
2010£102,727 £1,189 11
2009£100,333 £1,393 9
2008£117,223 £1,392 11
2007£118,490 £1,474 46
2006£107,862 £1,284 34
2005£108,373 £1,296 24
2004£96,845 £1,247 32
2003£76,745 £1,024 33
2002£62,046 £873 25
2001£46,429 £572 30
2000£40,971 £444 19
1999£37,773 £497 24
1998£38,791 £426 17
1997£31,143 £369 14
1996£34,376 £409 15
1995£33,267 £401 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£262,0001
2023£225,667 £2,737 3
2022£220,100 £2,905 5
2021£212,136 £2,765 7
2020£202,429 £2,241 7
2019£186,000 £1,934 12
2018£188,993 £1,868 7
2017£188,798 £1,873 9
2016£160,198 £1,597 5
2015£164,250 £1,785 12
2014£160,125 £1,632 4
2013£154,100 £1,623 5
2012£151,167 £1,969 3
2011£163,000 £1,689 3
2010£166,665 £1,599 3
2009£137,333 £1,994 3
2008£173,333 £2,157 3
2007£191,299 £1,901 5
2006£175,350 £1,586 7
2005£157,111 £2,008 9
2004£162,512 £1,663 16
2003£122,712 £1,417 8
2002£76,993 £775 7
2001£93,349 £870 6
2000£105,750 £758 4
1999£66,478 £940 9
1998£64,000 £706 2
1997£65,992 £276 6
1996£55,857 £669 7
1995£47,899 £474 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,0001
2023£48,2501
2022£276,667 £1,973 3
2021£311,737 £4,944 6
2020£355,0002
2018£140,0001
2017£100,000 £1,408 1
2016£157,357 £1,671 2
2015£1,200,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£134,119 £1,411 4
2023£119,000 £1,449 9
2022£123,767 £1,573 15
2021£103,205 £1,295 11
2020£98,786 £1,111 7
2019£102,522 £1,510 9
2018£102,652 £1,414 13
2017£101,829 £1,409 5
2016£128,829 £1,640 21
2015£101,938 £1,395 8
2014£87,650 £1,154 10
2013£82,900 £1,132 5
2012£88,917 £943 6
2011£91,350 £1,117 7
2010£100,000 £855 1
2009£80,0001
2008£110,625 £1,511 4
2007£104,308 £1,629 13
2006£91,768 £1,142 11
2005£84,460 £1,066 10
2004£77,661 £1,211 17
2003£69,038 £1,010 13
2002£52,945 £685 13
2001£38,442 £532 13
2000£35,325 £588 8
1999£31,092 £467 13
1998£28,841 £395 13
1997£34,574 £536 10
1996£30,128 £430 11
1995£24,870 £269 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£110,0001
2023£76,250 £1,558 2
2022£89,000 £1,276 2
2021£83,690 £1,255 5
2020£105,000 £1,875 1
2019£70,000 £1,033 2
2018£66,000 £1,408 2
2017£61,000 £924 2
2016£61,856 £1,014 7
2015£55,000 £754 2
2014£56,000 £791 6
2013£67,200 £960 5
2012£49,500 £709 2
2011£62,000 £1,266 2
2008£75,000 £1,107 2
2007£72,500 £1,075 2
2006£58,333 £871 3
2005£64,250 £934 2
2004£64,332 £950 3
2002£23,820 £540 2
2001£19,193 £288 3
2000£26,500 £379 1
1997£18,125 £262 4
1996£24,000 £353 1

House Type in TF2 7LU area

The most common house types in the TF2 7LU postcode area are Detached (62), Semi-detached (38), and Flat (16).

Total129
Detached62
Semi-detached38
Flat16
Terraced12
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Social rented: Other social rented (24).

Owned: Owns outright54
Social rented: Other social rented24
Owned: Owns with a mortgage or loan22
Social rented: Rents from council or Local Authority12
Private rented: Private landlord or letting agency10
Private rented: Other private rented5
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the TF2 7LU have 1 person in household (59), and 2 people in household (42).

1 person in household59
2 people in household42
3 people in household17
4 people in household5
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0