Housing Market Analysis for PARK LANE, TF7 5GG

Are you looking to understand TF7 5GG 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 TF7 5GG area, explore the TF7 5GG Area information page.
For comprehensive crime statistics in the TF7 5GG area, explore the TF7 5GG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the TF7 5GG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £263,000 median price is £263,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £263,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 65 PARK LANE: £263,000 (Sold on 21 Feb 2024)
    • The first recorded sale happened at this postcode is 65 PARK LANE: £263,000 (Sold on 21 Feb 2024)
  • Terraced
    • The average price is around £127,561 median price is £114,000 Standard Deviation is £37,581 with Total Sold: 17
    • The Last 5 Year average price is £159,700 with Total Sold: 5
    • The most recent sale happened at this postcode is 93 PARK LANE: £225,000 (Sold on 15 Sep 2023)
    • The first recorded sale happened at this postcode is 84 PARK LANE: £122,750 (Sold on 25 Oct 2013)
  • Semi-Detached
    • The average price is around £140,498 median price is £133,995 Standard Deviation is £9,549 with Total Sold: 3
    • The Last 5 Year average price is £154,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 85 PARK LANE: £154,000 (Sold on 10 Jul 2020)
    • The first recorded sale happened at this postcode is 85 PARK LANE: £133,500 (Sold on 31 Mar 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average TF7 5GG 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£263,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,000 £2,812 2
2019£116,167 £1,936 3
2016£115,873 £1,750 6
2015£110,410 £1,840 5
2013£122,7501
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£154,000 £1,925 1
2016£133,748 £1,672 2

All the Sales in the PARK LANE, TF7 5GG

See the table below for more details on the sold house prices in the TF7 5GG, Telford and Wrekin postcode.

AddressSold DatePrice% Change
65 PARK LANEDetached, Freehold21 Feb 2024£263,000First Sale
93 PARK LANETerraced, FreeholdArea: 80 Sq.mtr15 Sep 2023£225,0000.0
15 Sep 2023£225,00069.18%
06 Sep 2016£132,995First Sale
85 PARK LANESemi-Detached, FreeholdArea: 80 Sq.mtr10 Jul 2020£154,00015.36%
31 Mar 2016£133,500First Sale
79 PARK LANETerraced, FreeholdArea: 60 Sq.mtr13 Dec 2019£117,5006.33%
19 Feb 2016£110,500First Sale
71 PARK LANETerraced, FreeholdArea: 60 Sq.mtr11 Oct 2019£117,0007.04%
18 Dec 2015£109,300First Sale
77 PARK LANETerraced, FreeholdArea: 60 Sq.mtr30 Aug 2019£114,0003.17%
20 Nov 2015£110,500First Sale
87 PARK LANESemi-Detached, FreeholdArea: 80 Sq.mtr30 Sep 2016£133,995First Sale
89 PARK LANETerraced, FreeholdArea: 80 Sq.mtr23 Sep 2016£133,995First Sale
91 PARK LANETerraced, FreeholdArea: 71 Sq.mtr16 Sep 2016£129,500First Sale
67 PARK LANETerraced, FreeholdArea: 47 Sq.mtr18 Mar 2016£78,000First Sale
83 PARK LANETerraced, FreeholdArea: 60 Sq.mtr26 Feb 2016£110,250First Sale
69 PARK LANETerraced, FreeholdArea: 60 Sq.mtr24 Nov 2015£112,750First Sale
75 PARK LANETerraced, FreeholdArea: 60 Sq.mtr20 Nov 2015£110,500First Sale
73 PARK LANETerraced, FreeholdArea: 60 Sq.mtr12 Nov 2015£109,000First Sale
84 PARK LANETerraced, Freehold25 Oct 2013£122,750First Sale

Check out the sold house prices near the TF7 5GG postcode. Properties currently for saleProperties currently for rent

PARK LANE, TF7 5GG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the TF7 5GG 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 TF7 5GG postcode.

  • Semi-Detached
    • The average price is around £105,232 median price is £110,000 Standard Deviation is £46,460 with Total Sold: 318
    • The Last 5 Year average price is £148,770 with Total Sold: 47
    • The most recent sale happened at this postcode is , 34 WESTBOURNE: £92,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , WENSLEY HOUSE PARK LANE: £39,000 (Sold on 03 Feb 1995)
  • Terraced
    • The average price is around £69,068 median price is £71,500 Standard Deviation is £37,900 with Total Sold: 1,521
    • The Last 5 Year average price is £108,758 with Total Sold: 241
    • The most recent sale happened at this postcode is , 163 WESTBOURNE: £100,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 105 WOODROWS: £22,500 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £191,232 median price is £160,000 Standard Deviation is £106,392 with Total Sold: 131
    • The Last 5 Year average price is £280,126 with Total Sold: 19
    • The most recent sale happened at this postcode is , 20 LONG LEASOW: £220,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 5 GOOCH CLOSE: £56,995 (Sold on 03 Mar 1995)
  • Other
    • The average price is around £183,515 median price is £109,975 Standard Deviation is £279,673 with Total Sold: 26
    • The Last 5 Year average price is £150,414 with Total Sold: 16
    • The most recent sale happened at this postcode is , 29 WEYBRIDGE: £90,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , WOODSIDE JUNIOR SCHOOL WENSLEY GREEN: £1,500,000 (Sold on 11 Jun 2015)
  • Flat
    • The average price is around £61,023 median price is £76,000 Standard Deviation is £38,079 with Total Sold: 115
    • The Last 5 Year average price is £101,854 with Total Sold: 16
    • The most recent sale happened at this postcode is , 41 FERRIDAYS FIELDS: £72,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , 43 WILMERE COURT: £16,700 (Sold on 26 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£117,333 £1,697 3
2023£159,214 £1,784 7
2022£168,621 £2,226 12
2021£157,150 £1,771 10
2020£120,969 £1,625 8
2019£137,571 £1,744 7
2018£141,846 £1,652 14
2017£131,050 £1,568 9
2016£123,564 £1,654 23
2015£128,449 £1,558 15
2014£122,828 £1,529 9
2013£120,000 £1,558 1
2012£121,128 £1,642 11
2011£108,134 £1,504 7
2010£94,975 £1,218 2
2009£106,000 £1,266 5
2008£104,400 £1,305 5
2007£119,660 £1,618 14
2006£123,649 £1,506 16
2005£103,294 £1,142 18
2004£112,962 £1,366 36
2003£82,475 £1,181 18
2002£64,494 £990 9
2001£51,905 £614 9
2000£39,860 £566 15
1999£46,450 £653 10
1998£26,789 £336 6
1997£18,500 £209 2
1996£34,533 £384 11
1995£38,204 £428 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£113,816 £1,760 19
2023£115,643 £1,452 42
2022£115,604 £1,320 48
2021£106,583 £1,242 51
2020£99,194 £1,226 36
2019£103,009 £1,333 45
2018£91,479 £1,139 53
2017£90,693 £1,134 49
2016£96,801 £1,238 66
2015£92,020 £1,258 57
2014£95,078 £1,195 58
2013£87,478 £1,052 25
2012£73,825 £906 20
2011£81,223 £936 25
2010£75,216 £976 16
2009£77,003 £922 16
2008£92,423 £1,079 26
2007£90,807 £1,076 65
2006£82,356 £1,003 85
2005£81,639 £973 61
2004£75,807 £924 88
2003£52,471 £640 94
2002£35,769 £436 84
2001£29,593 £338 61
2000£25,885 £313 46
1999£23,674 £280 64
1998£21,858 £251 51
1997£23,070 £289 51
1996£22,434 £260 47
1995£21,117 £243 72
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,3333
2023£287,658 £2,623 6
2022£220,500 £2,265 2
2021£295,000 £2,263 2
2020£280,500 £2,003 5
2019£459,950 £2,244 1
2018£168,500 £1,758 5
2017£220,000 £2,136 1
2016£189,905 £1,742 8
2015£140,548 £1,663 5
2014£213,500 £1,673 11
2013£155,500 £1,409 4
2012£257,498 £1,719 5
2011£164,542 £1,536 3
2010£250,000 £1,264 1
2008£217,125 £1,492 4
2007£268,375 £1,807 4
2006£219,167 £1,341 3
2005£193,290 £1,702 5
2004£170,786 £1,519 11
2003£202,889 £1,179 5
2002£234,909 £1,262 11
2001£128,727 £784 11
1999£75,9173
1998£71,475 £616 2
1997£55,3752
1996£67,225 £642 2
1995£61,330 £578 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,0001
2023£193,030 £2,068 6
2022£147,625 £1,779 4
2021£110,000 £1,078 1
2020£280,0001
2019£59,317 £558 3
2018£141,938 £1,565 4
2017£65,667 £825 3
2016£50,000 £897 2
2015£1,500,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,0001
2023£124,000 £1,608 5
2022£105,034 £1,638 5
2021£107,000 £1,726 1
2020£73,000 £1,352 1
2019£77,500 £1,343 3
2018£87,475 £1,260 2
2017£82,705 £1,423 12
2016£79,960 £1,498 30
2014£77,125 £1,235 2
2013£75,749 £1,398 4
2012£79,333 £843 3
2011£85,500 £1,449 1
2005£92,000 £956 3
2004£72,150 £1,659 3
2002£11,7005
2001£19,650 £742 5
2000£16,369 £382 8
1999£12,3333
1998£12,5505
1997£12,0836
1996£12,3405
1995£13,4752

House Type in TF7 5GG area

The most common house types in the TF7 5GG postcode area are Flat (86), Terraced (54), and Semi-detached (52).

Total223
Flat86
Terraced54
Semi-detached52
Detached29
commercial building2
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (65), and Social rented: Other social rented (55).

Private rented: Private landlord or letting agency65
Social rented: Other social rented55
Owned: Owns with a mortgage or loan45
Social rented: Rents from council or Local Authority39
Owned: Owns outright16
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the TF7 5GG have 1 person in household (87), and 2 people in household (52).

1 person in household87
2 people in household52
3 people in household36
4 people in household31
5 people in household14
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0