Housing Market Analysis for MERTON TERRACE, WV16 5DY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £313,369 median price is £272,500 Standard Deviation is £120,277 with Total Sold: 8
    • The Last 5 Year average price is £454,167 with Total Sold: 3
    • The most recent sale happened at this postcode is 5 MERTON TERRACE: £455,000 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is 6 MERTON TERRACE: £487,500 (Sold on 13 Jun 2024)
  • Detached
    • The average price is around £278,738 median price is £309,975 Standard Deviation is £128,767 with Total Sold: 4
    • The Last 5 Year average price is £405,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HILLCROFT OLDBURY ROAD: £405,000 (Sold on 31 Aug 2022)
    • The first recorded sale happened at this postcode is HILLCROFT OLDBURY ROAD: £90,000 (Sold on 19 May 2000)
  • Semi-Detached
    • The average price is around £363,900 median price is £422,000 Standard Deviation is £180,402 with Total Sold: 5
    • The most recent sale happened at this postcode is LAMPHEY PARVA OLDBURY ROAD: £422,000 (Sold on 30 Nov 2016)
    • The first recorded sale happened at this postcode is 5 MERTON TERRACE: £90,000 (Sold on 24 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5DY 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
2023£437,500 £3,340 2
2017£285,000 £2,176 1
2012£237,500 £1,813 1
2006£260,000 £1,985 1
2005£249,9501
2000£112,0001
2024£487,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£405,000 £5,400 1
2010£390,000 £2,595 1
2003£229,950 £3,066 1
2000£90,000 £1,200 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£422,0001
2015£465,000 £1,404 1
2009£237,500 £1,813 1
2008£605,000 £1,827 1
1995£90,000 £687 1

All the Sales in the MERTON TERRACE, WV16 5DY

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

AddressSold DatePrice% Change
5 MERTON TERRACETerraced, FreeholdArea: 131 Sq.mtrAge: before 190003 Nov 2023£455,0008.33%
10 Mar 2023£420,00047.37%
04 May 2017£285,00020.00%
12 Oct 2012£237,5000.0
07 Aug 2009£237,500-8.65%
27 Oct 2006£260,000188.89%
24 Aug 1995£90,000First Sale
HILLCROFT OLDBURY ROADDetached, FreeholdArea: 75 Sq.mtrAge: 1950-196631 Aug 2022£405,00076.13%
19 Dec 2003£229,950155.50%
19 May 2000£90,000First Sale
LAMPHEY PARVA OLDBURY ROADSemi-Detached, Freehold30 Nov 2016£422,000First Sale
LAMPHEY HOUSE OLDBURY ROADSemi-Detached, FreeholdArea: 331.14 Sq.mtrAge: before 190019 Mar 2015£465,000-23.14%
05 Mar 2008£605,000First Sale
OLDBURY COTTAGE OLDBURY ROADDetached, FreeholdArea: 150.3 Sq.mtrAge: before 190001 Dec 2010£390,000First Sale
2 MERTON TERRACETerraced, Freehold11 Mar 2005£249,950123.17%
11 Dec 2000£112,000First Sale
6 MERTON TERRACETerraced, Freehold13 Jun 2024£487,500First Sale

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

MERTON TERRACE, WV16 5DY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £214,348 median price is £195,250 Standard Deviation is £128,910 with Total Sold: 48
    • The Last 5 Year average price is £291,457 with Total Sold: 7
    • The most recent sale happened at this postcode is , 10 CAPTAINS ROAD: £300,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 9 MEADOW CLOSE: £63,000 (Sold on 10 Feb 1995)
  • Flat
    • The average price is around £158,463 median price is £169,726 Standard Deviation is £43,676 with Total Sold: 108
    • The Last 5 Year average price is £99,802 with Total Sold: 18
    • The most recent sale happened at this postcode is 21, FARTHINGS COURT KINGS LOADE: £123,500 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is 16, FARTHINGS COURT KINGS LOADE: £239,950 (Sold on 27 Jun 2008)
  • Terraced
    • The average price is around £235,323 median price is £237,500 Standard Deviation is £140,480 with Total Sold: 13
    • The Last 5 Year average price is £454,167 with Total Sold: 3
    • The most recent sale happened at this postcode is , 6 MERTON TERRACE: £487,500 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 43 OLDBURY WELLS: £58,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £334,854 median price is £272,500 Standard Deviation is £186,255 with Total Sold: 67
    • The Last 5 Year average price is £448,005 with Total Sold: 10
    • The most recent sale happened at this postcode is , SWAN BANK, 12 FELLS ORCHARD: £580,000 (Sold on 02 Jun 2023)
    • The first recorded sale happened at this postcode is , SWAN BANK, 12 FELLS ORCHARD: £157,000 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £1,010,931 median price is £895,000 Standard Deviation is £579,738 with Total Sold: 3
    • The Last 5 Year average price is £630,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , LONGTHORPE : £366,000 (Sold on 08 Apr 2020)
    • The first recorded sale happened at this postcode is 31, FARTHINGS COURT KINGS LOADE: £1,771,794 (Sold on 18 Oct 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,0001
2023£395,000 £4,489 1
2022£273,200 £4,479 1
2021£256,000 £3,144 2
2020£280,000 £3,196 2
2018£280,000 £2,216 1
2016£268,488 £3,031 4
2015£352,500 £1,652 2
2014£165,000 £2,012 1
2013£359,667 £2,211 3
2011£263,500 £2,173 1
2010£193,5001
2009£184,167 £1,986 3
2008£405,000 £1,827 2
2006£233,983 £1,625 3
2005£245,000 £2,784 1
2004£294,5001
2003£170,613 £1,555 4
2002£110,7502
2000£115,0001
1999£89,250 £791 2
1998£77,000 £939 1
1997£67,332 £823 3
1996£97,250 £1,118 1
1995£77,725 £687 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,5001
2023£80,750 £1,747 4
2022£98,875 £1,709 4
2021£106,483 £1,883 3
2020£67,498 £1,393 2
2019£125,000 £2,084 4
2018£112,000 £2,281 2
2017£113,167 £2,196 3
2016£141,167 £2,414 3
2015£161,0001
2014£112,633 £1,898 3
2013£120,125 £2,194 6
2012£125,350 £2,300 4
2011£154,353 £2,825 9
2010£170,550 £3,027 6
2009£190,393 £3,355 6
2008£192,653 £3,635 47
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£487,5001
2023£437,500 £3,340 2
2017£285,000 £2,176 1
2013£192,000 £2,526 1
2012£237,500 £1,813 1
2006£260,000 £1,985 1
2005£249,9501
2003£155,0001
2000£112,0001
1999£70,0001
1995£67,625 £978 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£580,0001
2022£472,500 £4,197 3
2021£520,050 £3,376 2
2020£324,150 £2,766 3
2019£470,000 £2,883 1
2018£437,590 £2,831 5
2017£514,050 £2,947 2
2016£403,125 £2,842 4
2014£337,500 £2,380 4
2012£350,000 £3,043 1
2011£220,000 £1,447 1
2010£390,000 £2,595 1
2009£352,500 £2,590 2
2008£395,000 £2,409 1
2007£382,238 £2,087 4
2006£215,0001
2005£430,000 £2,137 3
2004£500,000 £2,090 3
2003£337,412 £3,066 4
2002£395,000 £1,649 2
2001£170,333 £994 3
2000£112,500 £1,423 2
1999£178,000 £1,182 5
1998£170,000 £872 1
1997£230,000 £1,156 3
1996£65,000 £1,148 2
1995£142,333 £854 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£366,000 £597 1
2019£895,000 £2,393 1
2018£1,771,794 £28,124 1

House Type in WV16 5DY area

The most common house types in the WV16 5DY postcode area are Detached (66), Semi-detached (50), and Flat (40).

Total164
Detached66
Semi-detached50
Flat40
Terraced7
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (113), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright113
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the WV16 5DY have 2 people in household (73), and 1 person in household (55).

2 people in household73
1 person in household55
3 people in household15
4 people in household14
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0