Housing Market Analysis for FARMLANDS ROAD, WV16 5AX

Are you looking to understand WV16 5AX 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 5AX area, explore the WV16 5AX Area information page.
For comprehensive crime statistics in the WV16 5AX area, explore the WV16 5AX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV16 5AX postcode area, The average prices are as follows,

Terraced
- The average price is around £170,035 median price is £184,000 Standard Deviation is £57,923 with Total Sold: 20
- The Last 5 Year average price is £244,583 with Total Sold: 3
- The most recent sale happened at this postcode is 1 FARMLANDS ROAD: £285,000 (Sold on 19 Aug 2022)
- The first recorded sale happened at this postcode is 5 FARMLANDS ROAD: £45,500 (Sold on 15 Apr 1996)
Semi-Detached
- The average price is around £143,143 median price is £135,250 Standard Deviation is £50,731 with Total Sold: 15
- The most recent sale happened at this postcode is 24 FARMLANDS ROAD: £230,000 (Sold on 19 Dec 2019)
- The first recorded sale happened at this postcode is 12 FARMLANDS ROAD: £57,500 (Sold on 22 May 1997)
Detached
- The average price is around £53,000 median price is £53,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 18 FARMLANDS ROAD: £53,000 (Sold on 28 Mar 1996)
- The first recorded sale happened at this postcode is 18 FARMLANDS ROAD: £53,000 (Sold on 28 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5AX 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£285,000	£4,672	1
2021	£224,375	£2,799	2
2019	£212,000	£3,029	1
2018	£202,500	£2,879	2
2017	£162,000	£2,710	2
2015	£169,975	£2,007	2
2013	£166,375	£2,158	4
2011	£120,000	£2,012	1
2010	£192,500	£2,092	1
2007	£144,250	£1,190	2
1999	£74,000		1
1996	£45,500	£623	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£230,000	£2,706	1
2018	£208,500	£2,266	1
2017	£212,500	£2,261	1
2014	£175,000	£1,862	1
2012	£162,500	£2,289	1
2010	£160,000	£2,312	1
2006	£160,000		1
2004	£135,125	£2,045	2
2003	£135,000		1
2002	£117,450	£1,436	2
1999	£72,000	£1,014	1
1997	£63,250	£666	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1996	£53,000	£495	1

All the Sales in the FARMLANDS ROAD, WV16 5AX

See the table below for more details on the sold house prices in the WV16 5AX, Shropshire postcode.

Address	Sold Date	Price	% Change
1 FARMLANDS ROADTerraced, FreeholdArea: 61 Sq.mtrAge: 1950-1966	19 Aug 2022	£285,000	29.55%
	16 Mar 2018	£220,000	76.00%
	12 Jul 2013	£124,999	First Sale
15 FARMLANDS ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	25 Nov 2021	£272,500	48.91%
	13 Nov 2013	£183,000	First Sale
12 FARMLANDS ROADTerraced, FreeholdArea: 92 Sq.mtrAge: 1967-1975	19 Nov 2021	£176,250	-6.00%
	14 Jun 2013	£187,500	-2.60%
	03 Dec 2010	£192,500	234.78%
	22 May 1997	£57,500	First Sale
24 FARMLANDS ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	19 Dec 2019	£230,000	First Sale
17 FARMLANDS ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	12 Jul 2019	£212,000	First Sale
21 FARMLANDS ROADSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1967-1975	12 Oct 2018	£208,500	First Sale
22 FARMLANDS ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1950-1966	14 Sep 2018	£185,000	First Sale
2 FARMLANDS ROADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1967-1975	15 Dec 2017	£212,500	21.43%
	07 Mar 2014	£175,000	29.68%
	06 Dec 2002	£134,950	First Sale
3 FARMLANDS ROADTerraced, FreeholdArea: 59.63 Sq.mtrAge: 1950-1966	17 Aug 2017	£197,000	64.17%
	10 Mar 2011	£120,000	First Sale
7 FARMLANDS ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1950-1966	14 Jul 2017	£127,000	First Sale
5 FARMLANDS ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1967-1975	11 Dec 2015	£150,000	229.67%
	15 Apr 1996	£45,500	First Sale
25 FARMLANDS ROADTerraced, FreeholdArea: 97 Sq.mtrAge: 1950-1966	10 Aug 2015	£189,950	89.95%
	31 Jan 2007	£100,000	First Sale
6 FARMLANDS ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	17 May 2013	£170,000	First Sale
29 FARMLANDS ROADSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-1966	20 Jan 2012	£162,500	125.69%
	03 Mar 1999	£72,000	4.35%
	12 Dec 1997	£69,000	First Sale
14 FARMLANDS ROADSemi-Detached, FreeholdArea: 69.2 Sq.mtrAge: 1950-1966	29 Oct 2010	£160,000	18.52%
	12 Mar 2004	£135,000	First Sale
13 FARMLANDS ROADTerraced, Freehold	29 Mar 2007	£188,500	17.81%
	03 Mar 2006	£160,000	18.30%
	02 Jul 2004	£135,250	First Sale
16 FARMLANDS ROADSemi-Detached, Freehold	24 Oct 2003	£135,000	35.07%
16 FARMLANDS ROADSemi-Detached, Freehold	06 Aug 2002	£99,950	First Sale
4 FARMLANDS ROADTerraced, Freehold	22 Dec 1999	£74,000	First Sale
18 FARMLANDS ROADDetached, FreeholdArea: 107 Sq.mtrAge: 1950-1966	28 Mar 1996	£53,000	First Sale

Check out the sold house prices near the WV16 5AX postcode. Properties currently for saleProperties currently for rent

FARMLANDS ROAD, WV16 5AX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV16 5AX 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 5AX postcode.

Terraced
- The average price is around £156,116 median price is £165,000 Standard Deviation is £68,780 with Total Sold: 502
- The Last 5 Year average price is £230,043 with Total Sold: 77
- 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 £264,637 median price is £250,000 Standard Deviation is £133,934 with Total Sold: 638
- The Last 5 Year average price is £414,173 with Total Sold: 73
- 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 , 18 LUDLOW HEIGHTS: £57,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £78,243 median price is £76,000 Standard Deviation is £39,788 with Total Sold: 157
- The Last 5 Year average price is £107,615 with Total Sold: 17
- 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 £170,240 median price is £167,025 Standard Deviation is £82,368 with Total Sold: 614
- The Last 5 Year average price is £256,889 with Total Sold: 93
- 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 £336,071 median price is £217,500 Standard Deviation is £274,896 with Total Sold: 7
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£220,500	£2,242	9
2023	£266,929	£2,979	13
2022	£254,283	£3,371	15
2021	£211,749	£2,471	26
2020	£209,929	£2,630	14
2019	£171,942	£2,222	18
2018	£181,719	£2,587	18
2017	£162,616	£2,139	19
2016	£190,093	£2,386	16
2015	£180,915	£2,371	27
2014	£171,750	£2,522	16
2013	£166,698	£2,206	27
2012	£183,276	£2,030	27
2011	£165,408	£2,166	22
2010	£177,432	£2,004	24
2009	£181,537	£2,841	28
2008	£169,520	£2,393	10
2007	£161,707	£1,975	14
2006	£153,778	£1,979	9
2005	£113,800	£2,207	10
2004	£139,188	£1,800	16
2003	£112,900	£1,541	15
2002	£114,467	£1,509	12
2001	£78,375	£1,228	18
2000	£73,888	£1,134	9
1999	£67,960	£945	15
1998	£69,377	£869	11
1997	£61,257	£930	28
1996	£43,134	£774	14
1995	£72,500		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£510,938	£3,452	8
2023	£439,091	£3,519	11
2022	£462,930	£3,979	15
2021	£398,826	£3,233	23
2020	£325,012	£3,171	16
2019	£359,507	£3,133	30
2018	£358,770	£3,087	23
2017	£332,952	£2,584	20
2016	£302,938	£2,624	26
2015	£306,966	£2,734	24
2014	£287,975	£3,062	32
2013	£261,727	£2,340	13
2012	£272,517	£2,300	18
2011	£315,119	£2,385	32
2010	£275,235	£2,215	30
2009	£279,281	£2,231	38
2008	£297,604	£2,650	14
2007	£297,158	£2,890	19
2006	£314,555	£2,245	18
2005	£284,893	£2,645	14
2004	£275,077	£2,113	13
2003	£221,674	£1,964	20
2002	£212,237	£1,698	19
2001	£143,176	£1,464	26
2000	£162,370	£1,276	20
1999	£128,450	£1,185	16
1998	£133,474	£1,019	21
1997	£103,830	£937	40
1996	£98,157	£792	28
1995	£86,659	£790	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£97,475	£1,838	2
2023	£106,500	£2,549	2
2022	£116,667	£2,139	3
2021	£105,300	£2,144	5
2020	£109,000	£4,364	5
2019	£74,983	£2,012	3
2018	£91,408	£1,813	6
2017	£72,475	£1,796	2
2016	£97,158	£2,080	6
2015	£74,375	£1,657	4
2014	£70,200	£1,823	5
2013	£80,600	£2,002	5
2012	£85,738	£1,850	4
2011	£130,000	£5,709	5
2010	£114,479	£7,068	5
2009	£131,500	£2,315	2
2008	£157,920	£5,065	5
2007	£114,600	£2,728	5
2006	£132,200	£2,217	5
2005	£102,738	£2,102	4
2004	£81,117	£2,065	9
2003	£71,046	£1,654	9
2002	£61,090	£1,234	5
2001	£43,308	£935	6
2000	£44,195	£1,008	10
1999	£39,675	£1,008	8
1998	£35,545	£808	10
1997	£34,783	£841	6
1996	£35,124	£736	4
1995	£34,321	£791	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£257,800	£3,210	5
2023	£254,206	£3,465	24
2022	£283,783	£2,931	19
2021	£234,961	£3,774	28
2020	£266,467	£2,899	17
2019	£211,406	£2,471	16
2018	£208,342	£3,684	13
2017	£181,882	£2,379	17
2016	£209,489	£2,368	28
2015	£183,511	£2,110	18
2014	£188,461	£2,080	18
2013	£191,131	£2,828	26
2012	£207,758	£1,930	13
2011	£167,746	£2,064	12
2010	£176,556	£2,140	20
2009	£184,454	£3,159	36
2008	£230,175	£2,824	22
2007	£220,571	£2,177	26
2006	£195,517	£2,169	26
2005	£190,304	£2,367	20
2004	£156,950	£1,690	18
2003	£143,839	£1,787	28
2002	£104,509	£1,192	18
2001	£88,928	£1,228	29
2000	£104,357	£1,134	14
1999	£73,450	£975	18
1998	£71,225	£815	16
1997	£62,261	£792	32
1996	£63,164	£762	18
1995	£51,830	£723	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,000		1
2022	£210,000	£3,000	1
2021	£732,500	£4,264	2
2018	£217,500	£2,327	1
2017	£132,500	£1,338	2

House Type in WV16 5AX area

The most common house types in the WV16 5AX postcode area are Semi-detached (85), Detached (40), and Terraced (4).

Total	129
Semi-detached	85
Detached	40
Terraced	4
Flat	0
Shared house	0
converted building	0
commercial 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	7
Private rented: Other private rented	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the WV16 5AX have 2 people in household (52), and 1 person in household (37).

2 people in household	52
1 person in household	37
3 people in household	18
4 people in household	16
5 people in household	3
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0