Housing Market Analysis for PARK LANE, TF7 5HW

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

Overview of Sold House prices

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

  • Other
    • The average price is around £72,500 median price is £72,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £72,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 BARN COTTAGES: £72,500 (Sold on 30 May 2022)
    • The first recorded sale happened at this postcode is 2 BARN COTTAGES: £72,500 (Sold on 30 May 2022)
  • Terraced
    • The average price is around £120,500 median price is £126,750 Standard Deviation is £17,654 with Total Sold: 6
    • The Last 5 Year average price is £138,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1, BARN COTTAGES PARK LANE: £136,000 (Sold on 22 Jan 2021)
    • The first recorded sale happened at this postcode is 1, BARN COTTAGES PARK LANE: £93,000 (Sold on 02 Nov 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average TF7 5HW 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£72,500 £1,036 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£136,000 £1,889 1
2019£140,000 £2,000 1
2018£129,500 £1,799 1
2017£124,000 £1,722 1
2011£100,500 £1,396 1
2007£93,000 £1,292 1

All the Sales in the PARK LANE, TF7 5HW

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

AddressSold DatePrice% Change
2 BARN COTTAGESOther, FreeholdArea: 70 Sq.mtrAge: before 190030 May 2022£72,500-48.21%
11 Oct 2019£140,000First Sale
1, BARN COTTAGES PARK LANETerraced, FreeholdArea: 72 Sq.mtrAge: before 190022 Jan 2021£136,0005.02%
23 Nov 2018£129,5004.44%
08 Dec 2017£124,00023.38%
04 Feb 2011£100,5008.06%
02 Nov 2007£93,000First Sale

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

PARK LANE, TF7 5HW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £70,998 median price is £73,000 Standard Deviation is £36,613 with Total Sold: 1,554
    • The Last 5 Year average price is £109,068 with Total Sold: 260
    • The most recent sale happened at this postcode is , 45 WILLOWFIELD: £99,950 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 105 WOODROWS: £22,500 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £98,909 median price is £100,000 Standard Deviation is £45,860 with Total Sold: 310
    • The Last 5 Year average price is £153,963 with Total Sold: 45
    • The most recent sale happened at this postcode is , 22 BRIDLE ROAD: £157,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 HORSE SHOE TERRACE: £39,950 (Sold on 24 Jan 1995)
  • Detached
    • The average price is around £173,194 median price is £157,500 Standard Deviation is £101,722 with Total Sold: 200
    • The Last 5 Year average price is £276,091 with Total Sold: 29
    • The most recent sale happened at this postcode is , WOODLANDS PARK LANE: £385,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 18 CANONBIE LEA: £51,300 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £315,459 median price is £112,500 Standard Deviation is £561,526 with Total Sold: 20
    • The Last 5 Year average price is £324,590 with Total Sold: 13
    • The most recent sale happened at this postcode is , 33 WIGMORES: £115,000 (Sold on 28 Mar 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 £55,640 median price is £76,000 Standard Deviation is £34,025 with Total Sold: 98
    • The Last 5 Year average price is £85,817 with Total Sold: 10
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,302 £1,310 23
2023£114,851 £1,442 47
2022£114,364 £1,351 60
2021£105,810 £1,258 46
2020£101,992 £1,237 38
2019£103,737 £1,367 46
2018£93,079 £1,161 59
2017£90,103 £1,157 50
2016£93,706 £1,189 79
2015£89,089 £1,147 71
2014£90,003 £1,127 70
2013£81,031 £953 31
2012£69,195 £817 22
2011£82,051 £965 20
2010£77,337 £894 19
2009£72,338 £867 24
2008£95,981 £1,052 26
2007£91,578 £1,088 68
2006£85,887 £1,047 85
2005£80,432 £936 60
2004£65,775 £810 73
2003£52,763 £638 93
2002£39,183 £473 81
2001£30,158 £353 56
2000£27,991 £323 50
1999£26,743 £304 60
1998£24,500 £298 49
1997£25,760 £315 41
1996£22,282 £259 45
1995£22,315 £259 62
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,800 £2,355 5
2023£172,350 £2,443 7
2022£149,397 £1,975 15
2021£146,875 £1,922 4
2020£147,000 £2,027 6
2019£150,931 £1,971 8
2018£127,645 £1,638 11
2017£117,375 £1,421 4
2016£129,025 £1,745 19
2015£129,374 £1,918 14
2014£129,562 £1,790 8
2013£103,400 £1,830 5
2012£125,101 £1,745 8
2011£104,160 £1,370 9
2010£105,619 £1,542 8
2009£108,000 £1,807 6
2008£101,844 £1,447 8
2007£113,106 £1,573 9
2006£114,856 £1,569 22
2005£109,354 £1,500 14
2004£92,617 £1,216 12
2003£80,730 £1,072 15
2002£73,444 £1,076 16
2001£60,970 £755 9
2000£40,510 £592 15
1999£40,304 £581 11
1998£38,095 £570 10
1997£41,142 £554 13
1996£36,411 £533 9
1995£38,140 £482 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£284,600 £2,538 5
2023£296,207 £2,889 7
2022£252,688 £2,116 4
2021£276,667 £3,393 3
2020£287,700 £2,036 5
2019£246,190 £2,325 5
2018£167,500 £1,848 3
2017£192,290 £2,310 5
2016£186,812 £1,814 12
2015£139,623 £1,597 6
2014£198,964 £1,665 14
2013£167,773 £1,580 11
2012£233,748 £1,733 6
2011£153,315 £1,624 5
2010£199,500 £1,233 2
2009£157,600 £1,890 5
2008£229,125 £1,549 4
2007£221,389 £2,095 9
2006£204,990 £2,088 5
2005£236,333 £1,673 3
2004£218,500 £1,686 5
2003£171,668 £1,220 8
2002£207,357 £1,241 14
2001£123,269 £820 13
2000£59,9501
1999£75,875 £1,107 6
1998£67,1254
1997£58,640 £695 10
1996£61,950 £609 10
1995£49,780 £489 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,000 £1,307 1
2023£239,500 £4,353 4
2022£1,207,586 £12,231 2
2021£101,750 £1,059 2
2020£230,0002
2019£34,000 £212 2
2017£139,833 £947 3
2016£56,667 £879 3
2015£1,500,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£72,0001
2023£85,000 £1,590 2
2022£92,556 £1,655 3
2021£107,000 £1,726 1
2020£73,000 £1,352 1
2019£79,250 £1,418 2
2018£87,475 £1,260 2
2017£82,269 £1,458 11
2016£79,960 £1,498 30
2014£75,250 £1,601 1
2013£75,749 £1,398 4
2012£80,000 £1,374 2
2011£85,500 £1,449 1
2004£62,5001
2002£11,7005
2001£12,3124
2000£10,1437
1999£12,3333
1998£12,5505
1997£12,5005
1996£12,3405
1995£13,4752

House Type in TF7 5HW area

The most common house types in the TF7 5HW postcode area are Terraced (117), Semi-detached (46), and Flat (21).

Total205
Terraced117
Semi-detached46
Flat21
Detached18
Shared house2
temporary structure1
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (74), and Social rented: Other social rented (38).

Private rented: Private landlord or letting agency74
Social rented: Other social rented38
Social rented: Rents from council or Local Authority31
Owned: Owns outright27
Owned: Owns with a mortgage or loan25
Private rented: Other private rented6
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the TF7 5HW have 2 people in household (62), and 3 people in household (48).

2 people in household62
3 people in household48
1 person in household46
4 people in household33
5 people in household10
6 people in household4
7 people in household2
0 people in household0
8 or more people in household0