Housing Market Analysis for PRINCESS DRIVE, WV16 4LP

Are you looking to understand WV16 4LP 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 Shropshire postcode.

For the location information and nearby amenities in the WV16 4LP area, explore the WV16 4LP Area information page.
For comprehensive crime statistics in the WV16 4LP area, explore the WV16 4LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV16 4LP postcode area, The average prices are as follows,

  • Detached
    • The average price is around £223,333 median price is £235,000 Standard Deviation is £47,668 with Total Sold: 3
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 PRINCESS DRIVE: £275,000 (Sold on 08 Jul 2020)
    • The first recorded sale happened at this postcode is 8 PRINCESS DRIVE: £160,000 (Sold on 19 Feb 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 4LP 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
2020£275,000 £3,667 1
2009£235,0001
2003£160,0001

All the Sales in the PRINCESS DRIVE, WV16 4LP

See the table below for more details on the sold house prices in the WV16 4LP, Shropshire postcode.

AddressSold DatePrice% Change
4 PRINCESS DRIVEDetached, FreeholdArea: 75 Sq.mtrAge: 1950-196608 Jul 2020£275,000First Sale
10 PRINCESS DRIVEDetached, Freehold04 Dec 2009£235,000First Sale
8 PRINCESS DRIVEDetached, Freehold19 Feb 2003£160,000First Sale

Check out the sold house prices near the WV16 4LP postcode. Properties currently for saleProperties currently for rent

PRINCESS DRIVE, WV16 4LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV16 4LP 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 WV16 4LP postcode.

  • Semi-Detached
    • The average price is around £151,117 median price is £160,250 Standard Deviation is £67,305 with Total Sold: 742
    • The Last 5 Year average price is £236,342 with Total Sold: 127
    • The most recent sale happened at this postcode is , 131 VICTORIA ROAD: £300,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 3 CLEE VIEW ROAD: £55,500 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £212,128 median price is £210,000 Standard Deviation is £110,470 with Total Sold: 361
    • The Last 5 Year average price is £307,555 with Total Sold: 52
    • The most recent sale happened at this postcode is , 70 VICTORIA ROAD: £630,000 (Sold on 02 Apr 2024)
    • The first recorded sale happened at this postcode is , 137 VICTORIA ROAD: £66,000 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £128,034 median price is £139,500 Standard Deviation is £60,245 with Total Sold: 232
    • The Last 5 Year average price is £178,333 with Total Sold: 36
    • The most recent sale happened at this postcode is , 66A HOOK FARM ROAD: £99,500 (Sold on 11 Mar 2024)
    • The first recorded sale happened at this postcode is , 16 ELIZABETH AVENUE: £75,000 (Sold on 04 Aug 1995)
  • Other
    • The average price is around £330,000 median price is £330,000 Standard Deviation is £135,000 with Total Sold: 2
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1A RACECOURSE DRIVE: £195,000 (Sold on 26 Feb 2024)
    • The first recorded sale happened at this postcode is , HOOKLEA HOOK FARM DRIVE: £465,000 (Sold on 13 Jun 2018)
  • Flat
    • The average price is around £69,486 median price is £72,500 Standard Deviation is £29,441 with Total Sold: 189
    • The Last 5 Year average price is £93,387 with Total Sold: 27
    • The most recent sale happened at this postcode is , 24A HOOK FARM ROAD: £75,000 (Sold on 08 Feb 2024)
    • The first recorded sale happened at this postcode is , 52A HOOK FARM ROAD: £36,000 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£274,333 £3,210 3
2023£253,091 £3,380 27
2022£257,118 £3,062 20
2021£224,954 £3,054 40
2020£238,167 £2,714 12
2019£214,420 £2,743 25
2018£208,153 £2,596 16
2017£183,725 £2,478 24
2016£183,202 £2,209 27
2015£175,748 £2,213 30
2014£174,725 £2,197 24
2013£168,246 £2,276 26
2012£151,857 £2,045 15
2011£157,400 £1,951 15
2010£165,042 £2,083 18
2009£161,372 £2,031 20
2008£192,657 £2,173 22
2007£181,321 £2,222 29
2006£175,827 £2,229 35
2005£160,442 £2,206 25
2004£157,277 £1,797 33
2003£129,134 £1,849 28
2002£100,414 £1,200 29
2001£82,724 £1,263 33
2000£88,762 £1,077 16
1999£71,774 £901 31
1998£64,646 £918 35
1997£59,163 £803 27
1996£56,748 £733 29
1995£53,185 £752 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£476,750 £3,968 4
2023£327,488 £2,701 4
2022£347,495 £3,708 11
2021£266,389 £3,383 9
2020£259,300 £3,472 10
2019£283,068 £3,481 14
2018£314,341 £3,325 11
2017£306,056 £3,191 9
2016£252,900 £2,654 15
2015£239,705 £2,621 20
2014£243,724 £2,552 21
2013£250,600 £2,638 5
2012£225,167 £2,214 9
2011£355,375 £2,356 8
2010£222,200 £2,659 9
2009£244,727 £2,502 11
2008£239,850 £2,590 7
2007£272,423 £2,453 13
2006£242,300 £2,247 15
2005£234,573 £2,569 13
2004£217,857 £1,881 7
2003£187,281 £1,940 16
2002£172,820 £1,605 15
2001£128,933 £1,389 22
2000£124,205 £1,252 10
1999£119,729 £951 12
1998£105,115 £886 13
1997£87,220 £906 20
1996£77,363 £924 15
1995£80,615 £966 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£182,750 £2,956 2
2023£201,333 £2,777 3
2022£175,710 £2,574 5
2021£183,804 £2,439 13
2020£181,000 £2,365 7
2019£152,583 £1,993 6
2018£166,608 £2,270 13
2017£153,475 £1,927 10
2016£154,500 £2,023 8
2015£169,735 £2,030 10
2014£124,417 £1,779 6
2013£139,493 £2,004 7
2012£163,083 £1,921 6
2011£121,250 £1,468 4
2010£128,350 £1,972 7
2009£150,291 £1,807 11
2008£163,250 £2,034 5
2007£181,272 £2,063 9
2006£128,100 £2,186 10
2005£103,812 £2,122 8
2004£130,385 £1,790 13
2003£113,746 £1,719 12
2002£108,908 £1,257 6
2001£68,790 £1,113 10
2000£34,500 £1,032 3
1999£56,272 £869 9
1998£51,125 £850 6
1997£50,694 £860 9
1996£34,630 £787 11
1995£65,8333
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0001
2018£465,000 £1,970 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£75,000 £1,838 1
2023£101,000 £2,352 3
2022£110,000 £2,379 6
2021£82,438 £1,938 8
2020£95,000 £2,080 4
2019£88,790 £2,153 5
2018£84,750 £1,813 6
2017£74,650 £1,950 3
2016£85,707 £2,031 7
2015£79,500 £1,718 5
2014£77,325 £1,909 6
2013£80,600 £2,002 5
2012£82,390 £1,834 5
2011£100,000 £1,961 1
2010£97,167 £2,518 3
2009£105,000 £2,239 2
2008£101,000 £2,590 1
2007£112,446 £2,740 7
2006£97,375 £2,173 8
2005£102,738 £2,102 4
2004£90,754 £2,111 12
2003£71,046 £1,654 9
2002£59,678 £1,345 8
2001£43,025 £991 10
2000£43,996 £1,032 12
1999£40,200 £996 13
1998£35,859 £833 11
1997£36,457 £853 7
1996£34,799 £756 5
1995£34,396 £849 12

House Type in WV16 4LP area

The most common house types in the WV16 4LP postcode area are Semi-detached (71), Detached (50), and Terraced (12).

Total136
Semi-detached71
Detached50
Terraced12
commercial building3
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright76
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority6
Private rented: Other private rented4
Shared ownership: Shared ownership2
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the WV16 4LP have 2 people in household (54), and 1 person in household (38).

2 people in household54
1 person in household38
4 people in household23
3 people in household19
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0