Housing Market Analysis for RACECOURSE DRIVE, WV16 4NP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £169,000 median price is £175,000 Standard Deviation is £21,649 with Total Sold: 3
    • The most recent sale happened at this postcode is 24 RACECOURSE DRIVE: £175,000 (Sold on 31 Jul 2017)
    • The first recorded sale happened at this postcode is 22 RACECOURSE DRIVE: £140,000 (Sold on 22 Feb 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 4NP 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
2017£175,000 £1,591 1
2016£192,000 £5,026 1
2013£140,000 £3,665 1

All the Sales in the RACECOURSE DRIVE, WV16 4NP

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

AddressSold DatePrice% Change
24 RACECOURSE DRIVESemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1950-196631 Jul 2017£175,000First Sale
22 RACECOURSE DRIVESemi-Detached, FreeholdArea: 38.2 Sq.mtrAge: 1967-197521 Jan 2016£192,00037.14%
22 Feb 2013£140,000First Sale

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

RACECOURSE DRIVE, WV16 4NP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £149,876 median price is £163,000 Standard Deviation is £63,030 with Total Sold: 462
    • The Last 5 Year average price is £204,463 with Total Sold: 89
    • The most recent sale happened at this postcode is , 75 RASTRICK CLOSE: £270,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 16 ELIZABETH AVENUE: £75,000 (Sold on 04 Aug 1995)
  • Detached
    • The average price is around £253,437 median price is £249,000 Standard Deviation is £129,232 with Total Sold: 473
    • The Last 5 Year average price is £378,472 with Total Sold: 67
    • The most recent sale happened at this postcode is , 12 LUDLOW ROAD: £485,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 137 VICTORIA ROAD: £66,000 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £74,049 median price is £75,000 Standard Deviation is £33,612 with Total Sold: 174
    • The Last 5 Year average price is £98,954 with Total Sold: 24
    • The most recent sale happened at this postcode is , 47 TASLEY CLOSE: £119,950 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 52A HOOK FARM ROAD: £36,000 (Sold on 24 Feb 1995)
  • Semi-Detached
    • The average price is around £156,519 median price is £162,000 Standard Deviation is £70,510 with Total Sold: 578
    • The Last 5 Year average price is £233,833 with Total Sold: 101
    • The most recent sale happened at this postcode is , 14 RASTRICK CLOSE: £196,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 3 CLEE VIEW ROAD: £55,500 (Sold on 10 Jan 1995)
  • Other
    • The average price is around £352,188 median price is £218,750 Standard Deviation is £260,653 with Total Sold: 8
    • The Last 5 Year average price is £467,500 with Total Sold: 4
    • 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 , ROSCOMMON CHURCH LANE: £220,000 (Sold on 03 Aug 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,643 £1,529 7
2023£245,006 £2,994 12
2022£215,404 £3,213 13
2021£203,728 £2,476 24
2020£201,267 £2,575 15
2019£171,942 £2,222 18
2018£175,971 £2,562 19
2017£160,261 £2,137 18
2016£182,423 £2,354 13
2015£172,988 £2,379 25
2014£153,786 £2,536 14
2013£164,454 £2,221 25
2012£184,738 £2,051 25
2011£156,649 £2,080 20
2010£173,710 £2,004 23
2009£180,814 £2,955 24
2008£169,520 £2,393 10
2007£163,877 £2,032 13
2006£134,429 £2,063 7
2005£113,800 £2,207 10
2004£129,214 £1,796 14
2003£105,963 £1,511 15
2002£109,560 £1,465 10
2001£77,103 £1,206 17
2000£65,714 £1,119 7
1999£61,031 £940 13
1998£57,962 £861 8
1997£60,415 £929 27
1996£40,545 £814 14
1995£72,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£530,833 £3,083 6
2023£379,286 £3,167 7
2022£446,645 £3,776 10
2021£357,105 £3,275 19
2020£346,744 £3,304 9
2019£321,591 £3,252 16
2018£350,800 £3,160 19
2017£334,516 £2,596 16
2016£301,281 £2,753 16
2015£310,074 £2,648 21
2014£282,085 £3,331 26
2013£260,244 £2,164 8
2012£279,862 £2,270 16
2011£316,454 £2,380 25
2010£259,891 £2,274 22
2009£248,404 £2,457 23
2008£295,954 £2,713 12
2007£316,833 £2,650 15
2006£285,961 £2,239 13
2005£299,000 £2,354 9
2004£298,500 £1,791 5
2003£228,571 £2,006 14
2002£207,333 £1,895 12
2001£146,154 £1,413 20
2000£155,068 £1,275 14
1999£131,064 £1,127 11
1998£143,766 £946 16
1997£101,786 £971 39
1996£96,800 £823 24
1995£91,075 £814 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£97,475 £1,838 2
2023£101,000 £2,352 3
2022£118,750 £2,251 4
2021£84,000 £1,944 6
2020£109,000 £4,364 5
2019£88,238 £2,137 4
2018£95,493 £1,880 7
2017£72,475 £1,796 2
2016£87,158 £2,005 6
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£123,750 £6,722 4
2010£114,479 £7,068 5
2009£108,000 £1,862 1
2008£134,867 £6,024 3
2007£111,167 £2,708 6
2006£105,250 £2,217 4
2005£102,738 £2,102 4
2004£90,754 £2,111 12
2003£71,046 £1,654 9
2002£59,079 £1,276 6
2001£43,400 £967 7
2000£43,905 £1,025 11
1999£40,532 £991 11
1998£36,494 £814 9
1997£36,457 £853 7
1996£35,124 £736 4
1995£34,386 £847 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,500 £3,210 4
2023£241,411 £3,485 23
2022£262,814 £2,900 17
2021£222,258 £3,892 25
2020£248,123 £2,970 15
2019£193,676 £2,499 17
2018£207,088 £3,586 16
2017£184,727 £2,382 22
2016£197,668 £2,393 22
2015£172,213 £2,176 15
2014£178,967 £2,257 18
2013£188,205 £2,786 31
2012£201,180 £1,947 10
2011£162,919 £1,952 13
2010£173,958 £2,153 21
2009£173,642 £3,203 34
2008£185,954 £3,101 13
2007£181,650 £2,194 22
2006£169,822 £2,208 20
2005£152,894 £2,394 18
2004£149,436 £1,780 22
2003£133,292 £1,819 19
2002£97,155 £1,192 20
2001£86,941 £1,348 27
2000£82,900 £1,112 10
1999£70,480 £929 20
1998£66,828 £907 18
1997£58,243 £845 29
1996£56,286 £759 18
1995£51,716 £779 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0001
2022£210,000 £3,000 1
2021£732,500 £4,264 2
2018£341,250 £2,149 2
2017£132,500 £1,338 2

House Type in WV16 4NP area

The most common house types in the WV16 4NP postcode area are Semi-detached (63), Flat (31), and Terraced (25).

Total126
Semi-detached63
Flat31
Terraced25
Detached7
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (45), and Owned: Owns with a mortgage or loan (27).

Social rented: Rents from council or Local Authority45
Owned: Owns with a mortgage or loan27
Owned: Owns outright26
Social rented: Other social rented18
Private rented: Private landlord or letting agency9
Private rented: Other private rented2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the WV16 4NP have 1 person in household (60), and 2 people in household (35).

1 person in household60
2 people in household35
4 people in household15
3 people in household14
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0