Housing Market Analysis for WV16 5BJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £522,500 median price is £527,500 Standard Deviation is £28,395 with Total Sold: 4
    • The Last 5 Year average price is £522,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 TOWNS END GROVE: £550,000 (Sold on 24 Nov 2022)
    • The first recorded sale happened at this postcode is 2 TOWNS END GROVE: £505,000 (Sold on 22 Nov 2022)
  • Other
    • The average price is around £350,000 median price is £350,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 TOWNS END GROVE: £350,000 (Sold on 12 Jul 2021)
    • The first recorded sale happened at this postcode is 1 TOWNS END GROVE: £350,000 (Sold on 12 Jul 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5BJ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£522,500 £3,906 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£350,000 £2,431 1

All the Sales in the WV16 5BJ

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

AddressSold DatePrice% Change
1 TOWNS END GROVETerraced, FreeholdArea: 144 Sq.mtrAge: 202024 Nov 2022£550,0000.0
24 Nov 2022£550,00057.14%
12 Jul 2021£350,000First Sale
3 TOWNS END GROVETerraced, FreeholdArea: 124 Sq.mtrAge: 202025 Nov 2022£485,000First Sale
2 TOWNS END GROVETerraced, FreeholdArea: 124 Sq.mtrAge: 202022 Nov 2022£505,000First Sale

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

WV16 5BJ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £138,805 median price is £137,000 Standard Deviation is £59,612 with Total Sold: 301
    • The Last 5 Year average price is £142,632 with Total Sold: 57
    • The most recent sale happened at this postcode is 41, TALBOT COURT SALOP STREET: £127,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , 6 ST MARYS COURT: £38,000 (Sold on 05 May 1995)
  • Terraced
    • The average price is around £166,936 median price is £152,500 Standard Deviation is £98,040 with Total Sold: 901
    • The Last 5 Year average price is £239,460 with Total Sold: 155
    • The most recent sale happened at this postcode is , 43 FRIARS STREET: £397,500 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , HOLLYBUSH COTTAGE, 28 RAILWAY STREET: £47,750 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £285,289 median price is £265,000 Standard Deviation is £156,653 with Total Sold: 539
    • The Last 5 Year average price is £455,821 with Total Sold: 77
    • 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 , 14 CRICKET MEADOW: £82,500 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £182,752 median price is £171,000 Standard Deviation is £99,714 with Total Sold: 381
    • The Last 5 Year average price is £286,923 with Total Sold: 57
    • The most recent sale happened at this postcode is , 15 WEST CASTLE STREET: £405,000 (Sold on 04 Mar 2024)
    • The first recorded sale happened at this postcode is , 8 LISTLEY STREET: £80,000 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £319,463 median price is £251,500 Standard Deviation is £279,379 with Total Sold: 70
    • The Last 5 Year average price is £358,060 with Total Sold: 42
    • The most recent sale happened at this postcode is , OLD SMITHFIELD, 34 - 35 WHITBURN STREET: £350,000 (Sold on 29 Jan 2024)
    • The first recorded sale happened at this postcode is , 1 ST MARYS STREET: £170,000 (Sold on 16 Feb 2015)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£147,500 £1,775 6
2023£147,381 £2,178 8
2022£126,136 £2,456 11
2021£144,050 £2,039 10
2020£157,636 £2,526 11
2019£136,727 £2,230 11
2018£158,461 £2,406 14
2017£160,272 £2,760 22
2016£192,412 £2,890 20
2015£157,136 £2,425 61
2014£172,477 £2,829 15
2013£127,000 £2,771 5
2012£76,1502
2011£170,625 £1,654 4
2010£171,988 £3,140 4
2009£127,500 £2,768 2
2008£206,375 £2,408 4
2007£171,000 £2,321 5
2006£177,857 £3,651 7
2005£183,878 £2,564 10
2004£109,989 £2,647 9
2003£101,100 £1,745 5
2002£84,547 £1,830 8
2001£69,625 £1,359 8
2000£73,238 £1,327 4
1999£57,357 £1,157 7
1998£47,722 £996 9
1997£48,993 £937 7
1996£51,181 £1,144 8
1995£25,750 £884 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,625 £2,681 4
2023£268,333 £3,522 24
2022£270,479 £3,346 26
2021£239,643 £3,098 41
2020£228,830 £2,816 27
2019£201,868 £2,903 33
2018£200,171 £2,897 38
2017£207,935 £2,410 27
2016£219,872 £2,386 34
2015£183,262 £2,755 29
2014£172,648 £2,423 27
2013£201,605 £2,371 19
2012£195,216 £2,635 12
2011£211,414 £2,583 18
2010£200,895 £2,509 19
2009£204,046 £2,075 25
2008£219,125 £2,894 12
2007£195,877 £2,311 43
2006£206,689 £2,520 37
2005£181,797 £2,347 38
2004£179,310 £2,526 34
2003£140,584 £2,095 32
2002£141,424 £1,616 34
2001£114,417 £1,278 36
2000£103,392 £1,299 33
1999£80,701 £1,140 59
1998£90,652 £1,062 40
1997£78,706 £1,045 47
1996£58,331 £898 31
1995£58,459 £955 22
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£598,000 £2,986 5
2023£504,745 £4,019 10
2022£494,150 £3,937 10
2021£452,175 £3,388 22
2020£378,767 £3,145 9
2019£417,262 £3,069 21
2018£447,667 £3,294 12
2017£417,462 £2,822 13
2016£325,239 £2,499 27
2015£343,833 £2,918 15
2014£318,188 £2,582 16
2013£295,200 £2,569 10
2012£276,000 £2,548 9
2011£405,613 £2,544 15
2010£344,643 £2,526 14
2009£341,159 £2,180 31
2008£220,628 £1,737 9
2007£307,288 £3,635 13
2006£314,271 £2,296 24
2005£317,933 £2,349 23
2004£293,180 £2,219 15
2003£274,268 £1,957 25
2002£259,172 £1,667 23
2001£174,292 £1,460 30
2000£161,017 £1,142 26
1999£151,254 £1,221 21
1998£129,258 £1,039 20
1997£125,651 £993 27
1996£123,560 £831 21
1995£117,739 £879 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£334,000 £3,432 2
2023£307,208 £3,432 12
2022£277,474 £3,453 13
2021£290,854 £2,846 14
2020£339,125 £2,849 4
2019£247,042 £2,807 12
2018£257,843 £2,808 7
2017£215,611 £2,789 9
2016£243,625 £2,325 8
2015£249,958 £2,281 13
2014£215,650 £2,152 13
2013£178,642 £2,238 7
2012£181,494 £2,075 9
2011£147,200 £2,195 5
2010£197,781 £2,494 8
2009£174,733 £1,809 9
2008£258,318 £2,305 14
2007£235,272 £1,988 23
2006£221,314 £2,258 22
2005£221,680 £2,385 22
2004£160,656 £2,156 16
2003£143,015 £1,625 26
2002£123,774 £1,506 9
2001£106,950 £1,264 12
2000£119,888 £1,171 16
1999£79,855 £1,018 11
1998£64,973 £927 11
1997£78,435 £814 26
1996£67,234 £901 16
1995£55,464 £702 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£565,688 £12,432 8
2022£280,000 £2,366 8
2021£434,800 £2,554 10
2020£218,611 £2,046 9
2019£267,917 £852 6
2018£283,200 £1,628 7
2017£297,370 £1,848 14
2016£170,860 £62 5
2015£162,0002

House Type in WV16 5BJ area

The most common house types in the WV16 5BJ postcode area are Terraced (43), Semi-detached (38), and commercial building (27).

Total159
Terraced43
Semi-detached38
commercial building27
Detached26
Flat14
Shared house8
converted building3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (71), and Owned: Owns outright (63).

Private rented: Private landlord or letting agency71
Owned: Owns outright63
Owned: Owns with a mortgage or loan21
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the WV16 5BJ have 2 people in household (75), and 1 person in household (59).

2 people in household75
1 person in household59
3 people in household17
4 people in household6
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0