Housing Market Analysis for PRINCESS DRIVE, WV16 4LW

Are you looking to understand WV16 4LW 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 4LW area, explore the WV16 4LW Area information page.
For comprehensive crime statistics in the WV16 4LW area, explore the WV16 4LW Crime Rates page.

Overview of Sold House prices

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

Detached
- The average price is around £197,293 median price is £213,000 Standard Deviation is £93,699 with Total Sold: 21
- The Last 5 Year average price is £342,488 with Total Sold: 4
- The most recent sale happened at this postcode is 25 PRINCESS DRIVE: £349,950 (Sold on 01 Feb 2023)
- The first recorded sale happened at this postcode is 29 PRINCESS DRIVE: £385,000 (Sold on 13 Oct 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 4LW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£367,475	£3,086	2
2022	£335,000	£3,384	1
2019	£300,000	£3,000	1
2017	£240,000	£2,424	1
2016	£230,000	£3,487	2
2014	£240,000	£1,752	1
2012	£195,000	£2,335	2
2009	£215,000	£1,837	1
2007	£228,000		1
2006	£213,000	£1,664	1
2003	£166,000		1
2002	£149,000		1
2000	£107,500	£1,033	1
1998	£68,000	£792	1
1997	£80,975	£986	2
1996	£66,000	£1,015	1
1995	£68,750	£995	1

All the Sales in the PRINCESS DRIVE, WV16 4LW

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

Address	Sold Date	Price	% Change
25 PRINCESS DRIVEDetached, FreeholdArea: 104.1 Sq.mtrAge: 1950-1966	01 Feb 2023	£349,950	74.97%
	17 Sep 2012	£200,000	86.05%
	10 Jan 2000	£107,500	First Sale
23 PRINCESS DRIVEDetached, FreeholdArea: 99 Sq.mtrAge: 1967-1975	07 Jun 2022	£335,000	39.58%
	17 Nov 2017	£240,000	First Sale
27 PRINCESS DRIVEDetached, FreeholdArea: 100 Sq.mtrAge: 1967-1975	31 May 2019	£300,000	261.45%
	25 Apr 1997	£83,000	First Sale
3 PRINCESS DRIVEDetached, FreeholdArea: 65 Sq.mtrAge: 1950-1966	12 Dec 2016	£235,000	256.06%
	12 Dec 1996	£66,000	First Sale
7 PRINCESS DRIVEDetached, FreeholdArea: 67 Sq.mtrAge: 1950-1966	20 Jun 2016	£225,000	First Sale
29 PRINCESS DRIVEDetached, FreeholdArea: 137 Sq.mtrAge: 1967-1975	17 Feb 2014	£240,000	-37.66%
	13 Oct 2023	£385,000	First Sale
5 PRINCESS DRIVEDetached, FreeholdArea: 69.1 Sq.mtrAge: 1976-1982	20 Mar 2012	£190,000	140.66%
	18 Apr 1997	£78,950	14.84%
	25 May 1995	£68,750	First Sale
15 PRINCESS DRIVEDetached, FreeholdArea: 117.04 Sq.mtrAge: 1967-1975	30 Sep 2009	£215,000	First Sale
17 PRINCESS DRIVEDetached, Freehold	26 Jan 2007	£228,000	First Sale
21 PRINCESS DRIVEDetached, FreeholdArea: 128 Sq.mtrAge: 1967-1975	28 Jun 2006	£213,000	First Sale
9 PRINCESS DRIVEDetached, Freehold	29 Sep 2003	£166,000	First Sale
11 PRINCESS DRIVEDetached, Freehold	31 Jul 2002	£149,000	First Sale
33 PRINCESS DRIVEDetached, FreeholdArea: 85.89 Sq.mtrAge: 1967-1975	12 Oct 1998	£68,000	First Sale

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

PRINCESS DRIVE, WV16 4LW Near By properties

Interactive Map

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

Terraced
- The average price is around £129,122 median price is £142,500 Standard Deviation is £61,168 with Total Sold: 209
- The Last 5 Year average price is £181,371 with Total Sold: 35
- The most recent sale happened at this postcode is , 60A HOOK FARM ROAD: £85,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 11A DUNVAL ROAD: £52,500 (Sold on 08 Dec 1995)
Detached
- The average price is around £199,282 median price is £204,375 Standard Deviation is £88,742 with Total Sold: 316
- The Last 5 Year average price is £293,228 with Total Sold: 52
- The most recent sale happened at this postcode is , 51 LINLEY VIEW DRIVE: £322,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 137 VICTORIA ROAD: £66,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £150,767 median price is £160,000 Standard Deviation is £67,856 with Total Sold: 692
- The Last 5 Year average price is £238,673 with Total Sold: 114
- 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 , 10 CANTREYN DRIVE: £57,000 (Sold on 03 Feb 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 £70,336 median price is £72,500 Standard Deviation is £29,263 with Total Sold: 180
- The Last 5 Year average price is £93,133 with Total Sold: 26
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£178,875	£2,956	4
2023	£201,333	£2,777	3
2022	£175,710	£2,574	5
2021	£190,788	£2,429	12
2020	£168,667	£2,105	6
2019	£169,700	£2,153	5
2018	£160,492	£2,247	12
2017	£153,475	£1,927	10
2016	£151,500	£1,895	5
2015	£166,356	£2,045	8
2014	£124,417	£1,779	6
2013	£139,493	£2,004	7
2012	£160,200	£1,764	5
2011	£121,250	£1,468	4
2010	£128,350	£1,972	7
2009	£152,120	£1,801	10
2008	£163,250	£2,034	5
2007	£184,556	£2,063	8
2006	£134,111	£2,359	9
2005	£103,812	£2,122	8
2004	£129,292	£1,796	12
2003	£118,895	£1,812	10
2002	£105,890	£1,030	5
2001	£64,931	£1,046	8
2000	£34,500	£1,032	3
1999	£49,417	£875	6
1998	£51,125	£850	6
1997	£50,156	£846	8
1996	£34,630	£787	11
1995	£52,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£366,571	£4,852	7
2023	£327,488	£2,701	4
2022	£294,272	£3,530	9
2021	£266,389	£3,383	9
2020	£262,556	£3,464	9
2019	£283,068	£3,481	14
2018	£288,944	£3,346	9
2017	£241,000	£3,109	7
2016	£238,208	£2,600	12
2015	£236,783	£2,676	18
2014	£228,091	£2,581	16
2013	£250,600	£2,638	5
2012	£220,357	£2,033	7
2011	£237,000	£2,387	4
2010	£228,543	£2,838	7
2009	£235,875	£2,594	8
2008	£238,492	£2,590	6
2007	£265,150	£2,402	10
2006	£240,321	£2,247	14
2005	£239,040	£2,569	11
2004	£188,750	£1,827	4
2003	£184,466	£1,875	15
2002	£141,593	£1,605	14
2001	£129,327	£1,371	20
2000	£113,131	£1,255	8
1999	£122,075	£975	10
1998	£105,115	£886	13
1997	£87,220	£906	20
1996	£75,808	£924	13
1995	£80,615	£966	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£274,333	£3,210	3
2023	£259,738	£3,417	25
2022	£258,395	£3,114	18
2021	£224,518	£3,068	36
2020	£238,600	£2,755	10
2019	£216,932	£2,733	22
2018	£208,153	£2,596	16
2017	£185,882	£2,489	22
2016	£185,708	£2,207	24
2015	£177,588	£2,216	28
2014	£174,725	£2,197	24
2013	£166,930	£2,271	23
2012	£154,838	£2,058	13
2011	£156,385	£1,880	13
2010	£160,912	£2,065	17
2009	£161,372	£2,031	20
2008	£192,657	£2,173	22
2007	£180,283	£2,295	26
2006	£175,934	£2,198	31
2005	£160,915	£2,117	23
2004	£157,277	£1,797	33
2003	£128,178	£1,849	27
2002	£103,683	£1,268	27
2001	£82,655	£1,259	32
2000	£88,762	£1,077	16
1999	£69,491	£859	28
1998	£64,646	£918	35
1997	£59,163	£803	27
1996	£56,804	£709	27
1995	£53,986	£774	24

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,000		1
2018	£465,000	£1,970	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£75,000	£1,838	1
2023	£101,000	£2,352	3
2022	£112,000	£2,382	5
2021	£82,438	£1,938	8
2020	£95,000	£2,080	4
2019	£88,790	£2,153	5
2018	£82,800	£1,875	5
2017	£74,650	£1,950	3
2016	£85,707	£2,031	7
2015	£79,875	£1,838	4
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	£76,301	£1,654	8
2002	£59,678	£1,345	8
2001	£43,025	£991	10
2000	£44,364	£1,071	11
1999	£40,200	£996	13
1998	£35,945	£860	10
1997	£37,117	£853	6
1996	£34,874	£825	4
1995	£34,886	£849	11

House Type in WV16 4LW area

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

Total	136
Semi-detached	71
Detached	50
Terraced	12
commercial building	3
Flat	0
Shared house	0
converted building	0
temporary structure	0

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 outright	76
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	8
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	4
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	54
1 person in household	38
4 people in household	23
3 people in household	19
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0