Housing Market Analysis for REED CLOSE, TF2 9TQ

Are you looking to understand TF2 9TQ 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 9TQ area, explore the TF2 9TQ Area information page.
For comprehensive crime statistics in the TF2 9TQ area, explore the TF2 9TQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TF2 9TQ postcode area, The average prices are as follows,

Terraced
- The average price is around £94,361 median price is £111,000 Standard Deviation is £39,920 with Total Sold: 9
- The Last 5 Year average price is £142,000 with Total Sold: 2
- The most recent sale happened at this postcode is 6 REED CLOSE: £156,000 (Sold on 16 Dec 2022)
- The first recorded sale happened at this postcode is 9 REED CLOSE: £41,500 (Sold on 24 Apr 1995)
Semi-Detached
- The average price is around £81,241 median price is £82,500 Standard Deviation is £31,055 with Total Sold: 17
- The Last 5 Year average price is £130,000 with Total Sold: 1
- The most recent sale happened at this postcode is 2 REED CLOSE: £130,000 (Sold on 25 Oct 2021)
- The first recorded sale happened at this postcode is 10 REED CLOSE: £39,750 (Sold on 27 Nov 1997)
Detached
- The average price is around £97,900 median price is £65,000 Standard Deviation is £52,946 with Total Sold: 5
- The most recent sale happened at this postcode is 16 REED CLOSE: £200,000 (Sold on 24 Aug 2017)
- The first recorded sale happened at this postcode is 16 REED CLOSE: £65,000 (Sold on 10 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average TF2 9TQ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£156,000	£2,737	1
2021	£128,000	£1,645	1
2018	£119,000	£2,125	1
2016	£115,000	£2,018	1
2005	£111,000	£1,982	1
2003	£93,000	£1,196	1
1998	£44,250		1
1997	£41,500	£533	1
1995	£41,500	£533	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£130,000	£2,281	1
2017	£114,000		1
2016	£107,250	£1,930	2
2014	£115,000	£2,018	1
2012	£82,000		1
2006	£114,995	£2,017	1
2004	£103,950		1
2003	£84,375	£1,376	2
2002	£71,500	£1,254	1
2001	£51,950		1
2000	£48,500	£851	1
1999	£40,625	£725	2
1998	£44,950		1
1997	£39,750		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£200,000	£1,887	1
2002	£99,500	£1,401	1
1999	£63,000	£887	1
1997	£63,500	£613	2

All the Sales in the REED CLOSE, TF2 9TQ

See the table below for more details on the sold house prices in the TF2 9TQ, Telford and Wrekin postcode.

Address	Sold Date	Price	% Change
6 REED CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1996-2002	16 Dec 2022	£156,000	35.65%
	10 Jun 2016	£115,000	0.0
	04 Dec 2014	£115,000	60.84%
	09 Jul 2002	£71,500	47.42%
	14 Aug 2000	£48,500	First Sale
2 REED CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1991-1995	25 Oct 2021	£130,000	13.05%
	21 Jul 2006	£114,995	178.78%
	23 Apr 1999	£41,250	First Sale
9 REED CLOSETerraced, FreeholdArea: 77.79 Sq.mtrAge: 1976-1982	20 Aug 2021	£128,000	37.63%
	19 Dec 2003	£93,000	124.10%
	23 May 1997	£41,500	0.0
	24 Apr 1995	£41,500	First Sale
11 REED CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1991-1995	24 Aug 2018	£119,000	7.21%
	08 Jul 2005	£111,000	First Sale
16 REED CLOSEDetached, FreeholdArea: 106 Sq.mtrAge: 1991-1995	24 Aug 2017	£200,000	207.69%
	10 Jan 1997	£65,000	First Sale
4 REED CLOSESemi-Detached, Freehold	28 Feb 2017	£114,000	39.02%
	21 Mar 2012	£82,000	85.31%
	17 Nov 1998	£44,250	First Sale
5 REED CLOSESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1996-2002	14 Apr 2016	£121,500	First Sale
8 REED CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1983-1990	05 Feb 2016	£93,000	7.83%
	28 Nov 2003	£86,250	115.62%
	24 Sep 1999	£40,000	First Sale
7 REED CLOSESemi-Detached, Freehold	08 Oct 2004	£103,950	100.10%
	27 Apr 2001	£51,950	15.57%
	28 Aug 1998	£44,950	First Sale
3 REED CLOSESemi-Detached, FreeholdArea: 69.66 Sq.mtrAge: 1983-1990	29 Aug 2003	£82,500	First Sale
1 REED CLOSEDetached, FreeholdArea: 71 Sq.mtrAge: 1991-1995	02 Aug 2002	£99,500	57.94%
1 REED CLOSEDetached, FreeholdArea: 71 Sq.mtrAge: 1991-1995	31 Aug 1999	£63,000	First Sale
10 REED CLOSESemi-Detached, Freehold	27 Nov 1997	£39,750	First Sale
12 REED CLOSEDetached, Freehold	19 Sep 1997	£62,000	First Sale

Check out the sold house prices near the TF2 9TQ postcode. Properties currently for saleProperties currently for rent

REED CLOSE, TF2 9TQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TF2 9TQ 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 9TQ postcode.

Terraced
- The average price is around £90,246 median price is £87,725 Standard Deviation is £45,255 with Total Sold: 600
- The Last 5 Year average price is £141,996 with Total Sold: 99
- The most recent sale happened at this postcode is , 69 THE NABB: £155,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 9 REED CLOSE: £41,500 (Sold on 24 Apr 1995)
Detached
- The average price is around £151,714 median price is £145,000 Standard Deviation is £78,407 with Total Sold: 529
- The Last 5 Year average price is £259,109 with Total Sold: 67
- The most recent sale happened at this postcode is , SUNDORNE GATE STREET: £270,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 14 CAPPOQUIN DRIVE: £75,000 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £95,254 median price is £97,000 Standard Deviation is £49,014 with Total Sold: 870
- The Last 5 Year average price is £160,627 with Total Sold: 114
- The most recent sale happened at this postcode is , 7 BULLRUSH GLADE: £154,000 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is , 21 FENNS CRESCENT: £41,950 (Sold on 01 Feb 1995)
Flat
- The average price is around £75,878 median price is £71,000 Standard Deviation is £34,060 with Total Sold: 60
- The Last 5 Year average price is £86,964 with Total Sold: 14
- The most recent sale happened at this postcode is , 11 IRIS CRESCENT: £62,500 (Sold on 14 May 2024)
- The first recorded sale happened at this postcode is , 6 ROMAN GROVE: £23,750 (Sold on 02 May 1996)
Other
- The average price is around £208,564 median price is £180,000 Standard Deviation is £136,114 with Total Sold: 7
- The Last 5 Year average price is £210,000 with Total Sold: 1
- The most recent sale happened at this postcode is , UNIT 4C GOWER STREET: £210,000 (Sold on 10 Apr 2024)
- The first recorded sale happened at this postcode is , BEAUFORT COPPICE DRIVE: £20,000 (Sold on 16 Dec 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£162,850	£2,570	10
2023	£176,000	£2,549	9
2022	£172,354	£2,401	14
2021	£129,620	£1,959	27
2020	£132,886	£1,822	18
2019	£120,976	£1,857	21
2018	£113,550	£1,857	16
2017	£119,150	£1,872	13
2016	£112,357	£1,769	14
2015	£112,111	£1,889	13
2014	£128,611	£1,945	38
2013	£103,981	£1,539	14
2012	£108,056	£1,486	9
2011	£106,000	£1,274	6
2010	£105,625	£1,760	4
2009	£99,800	£1,683	5
2008	£113,635	£1,663	13
2007	£125,578	£1,996	12
2006	£123,155	£1,775	25
2005	£104,028	£1,620	43
2004	£88,454	£1,514	24
2003	£78,186	£1,217	25
2002	£62,526	£992	25
2001	£47,344	£789	25
2000	£48,672	£753	48
1999	£40,264	£638	22
1998	£38,385	£626	21
1997	£39,589	£651	38
1996	£41,394	£690	28
1995	£38,422	£585	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£304,075	£2,981	8
2023	£294,194	£2,940	9
2022	£310,683	£2,875	16
2021	£213,167	£2,245	9
2020	£220,545	£2,161	11
2019	£211,750	£2,053	14
2018	£203,976	£2,073	13
2017	£190,569	£1,970	18
2016	£203,902	£1,874	21
2015	£187,369	£1,884	8
2014	£192,211	£1,796	28
2013	£160,308	£1,704	13
2012	£170,364	£1,660	11
2011	£166,249	£1,446	7
2010	£159,750	£1,535	6
2009	£181,812	£2,424	8
2008	£202,445	£1,821	10
2007	£210,791	£1,918	24
2006	£185,229	£1,797	26
2005	£180,310	£1,764	21
2004	£166,461	£1,842	17
2003	£130,559	£1,445	26
2002	£111,519	£1,198	21
2001	£90,126	£938	17
2000	£82,888	£811	34
1999	£81,088	£821	53
1998	£69,050	£730	21
1997	£64,930	£713	21
1996	£64,541	£718	19
1995	£61,947	£708	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£214,429		7
2023	£182,784	£2,715	22
2022	£171,067	£2,445	15
2021	£164,685	£2,296	24
2020	£138,613	£2,128	15
2019	£135,211	£1,963	31
2018	£127,417	£1,876	29
2017	£122,118	£1,914	19
2016	£123,787	£1,822	24
2015	£125,321	£1,835	21
2014	£132,753	£1,901	29
2013	£104,150	£1,616	10
2012	£100,343	£1,421	16
2011	£118,850	£1,766	7
2010	£113,794	£1,705	11
2009	£113,766	£1,695	15
2008	£122,937	£1,817	16
2007	£145,387	£2,025	40
2006	£119,488	£1,839	36
2005	£113,853	£1,796	32
2004	£109,676	£1,705	44
2003	£87,808	£1,356	42
2002	£74,727	£1,222	42
2001	£55,847	£888	44
2000	£56,310	£783	40
1999	£47,271	£730	44
1998	£45,671	£722	41
1997	£43,334	£677	61
1996	£42,859	£690	55
1995	£42,418	£666	38

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£78,167		3
2023	£120,000	£1,951	2
2022	£96,750	£1,721	2
2021	£81,250	£1,157	2
2020	£74,000	£1,292	2
2019	£79,667	£1,279	3
2018	£52,250	£980	2
2017	£58,500	£990	1
2015	£69,000	£1,829	2
2014	£61,250	£978	2
2013	£64,000	£1,391	1
2012	£59,000	£1,057	1
2011	£115,000	£1,769	1
2010	£57,122	£1,480	2
2008	£115,229	£1,947	13
2007	£104,750	£1,951	2
2006	£67,000	£1,593	3
2005	£80,000	£2,000	2
2004	£79,950	£1,738	1
2003	£51,333	£1,023	3
2002	£31,410	£1,043	2
2001	£29,250	£491	2
1999	£20,000	£391	2
1997	£24,975	£358	2
1996	£22,875	£372	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,000		1
2018	£70,000		1
2017	£326,650	£1,745	3
2016	£100,000	£385	2

House Type in TF2 9TQ area

The most common house types in the TF2 9TQ postcode area are Detached (65), Semi-detached (42), and Terraced (18).

Total	126
Detached	65
Semi-detached	42
Terraced	18
Flat	1
Shared house	0
converted building	0
commercial building	0
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 (53), and Owned: Owns outright (47).

Owned: Owns with a mortgage or loan	53
Owned: Owns outright	47
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	2
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 9TQ have 3 people in household (40), and 2 people in household (37).

3 people in household	40
2 people in household	37
1 person in household	33
4 people in household	9
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0