Housing Market Analysis for PARK LANE, TF7 5LJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £162,500 median price is £167,500 Standard Deviation is £57,264 with Total Sold: 3
    • The Last 5 Year average price is £230,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 55 PARK LANE: £230,000 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is 55 PARK LANE: £90,000 (Sold on 08 Jul 2011)
  • Detached
    • The average price is around £93,875 median price is £93,875 Standard Deviation is £42,125 with Total Sold: 2
    • The most recent sale happened at this postcode is 64 PARK LANE: £136,000 (Sold on 16 Apr 2018)
    • The first recorded sale happened at this postcode is 63 PARK LANE: £51,750 (Sold on 03 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average TF7 5LJ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£230,000 £2,277 1
2018£167,500 £1,658 1
2011£90,000 £891 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£136,000 £1,402 1
1999£51,7501

All the Sales in the PARK LANE, TF7 5LJ

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

AddressSold DatePrice% Change
55 PARK LANESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1900-192931 May 2023£230,00037.31%
06 Apr 2018£167,50086.11%
08 Jul 2011£90,000First Sale
64 PARK LANEDetached, FreeholdArea: 97 Sq.mtrAge: 1967-197516 Apr 2018£136,000First Sale
63 PARK LANEDetached, Freehold03 Feb 1999£51,750First Sale

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

PARK LANE, TF7 5LJ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £108,184 median price is £113,995 Standard Deviation is £48,012 with Total Sold: 322
    • 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 £69,117 median price is £71,500 Standard Deviation is £37,476 with Total Sold: 1,495
    • The Last 5 Year average price is £107,847 with Total Sold: 235
    • 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 £195,155 median price is £164,500 Standard Deviation is £105,740 with Total Sold: 132
    • The Last 5 Year average price is £278,495 with Total Sold: 21
    • 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 £56,463 median price is £75,000 Standard Deviation is £38,545 with Total Sold: 117
    • The Last 5 Year average price is £98,726 with Total Sold: 14
    • 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£154,538 £1,641 12
2016£133,320 £1,726 28
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£126,559 £1,553 15
2005£104,723 £1,142 17
2004£112,962 £1,366 36
2003£82,475 £1,181 18
2002£64,494 £990 9
2001£51,905 £614 9
2000£41,421 £566 14
1999£46,450 £653 10
1998£28,647 £364 5
1997£18,500 £209 2
1996£34,533 £384 11
1995£38,204 £428 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,139 £1,760 18
2023£115,643 £1,452 42
2022£115,604 £1,320 48
2021£102,485 £1,202 49
2020£97,227 £1,219 33
2019£103,009 £1,333 45
2018£91,479 £1,139 53
2017£90,693 £1,134 49
2016£98,975 £1,291 67
2015£92,020 £1,258 57
2014£95,079 £1,201 57
2013£87,478 £1,052 25
2012£73,825 £906 20
2011£81,190 £937 24
2010£75,216 £976 16
2009£78,203 £932 15
2008£92,423 £1,079 26
2007£90,634 £1,078 63
2006£82,309 £1,008 82
2005£81,729 £976 60
2004£75,807 £924 88
2003£52,363 £639 93
2002£35,812 £437 82
2001£29,653 £338 60
2000£25,885 £313 46
1999£23,631 £281 62
1998£21,720 £253 48
1997£23,023 £287 50
1996£22,444 £262 46
1995£21,182 £243 71
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,3333
2023£287,658 £2,623 6
2022£249,000 £2,353 3
2021£295,000 £2,263 2
2020£270,417 £1,972 6
2019£459,950 £2,244 1
2018£168,500 £1,758 5
2017£216,665 £2,019 3
2016£196,582 £1,778 9
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£158,312 £1,536 2
2010£250,000 £1,264 1
2008£217,125 £1,492 4
2007£268,375 £1,807 4
2006£248,750 £1,341 2
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£139,556 £750 9
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£126,250 £1,694 4
2022£98,167 £1,687 4
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£82,269 £1,458 11
2016£79,960 £1,498 30
2014£75,250 £1,601 1
2013£75,749 £1,398 4
2012£106,500 £1,126 2
2011£85,500 £1,449 1
2005£92,000 £956 3
2004£76,975 £1,659 2
2002£12,0006
2001£17,625 £742 6
2000£16,369 £382 8
1999£12,8754
1998£12,5505
1997£12,0836
1996£12,3147
1995£11,3905

House Type in TF7 5LJ area

The most common house types in the TF7 5LJ 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 5LJ 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