Housing Market Analysis for OLD MILL LANE, WV16 5EY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £137,500 median price is £127,500 Standard Deviation is £55,958 with Total Sold: 4
    • The most recent sale happened at this postcode is HIL-BRO OLD MILL LANE: £225,000 (Sold on 10 Jan 2014)
    • The first recorded sale happened at this postcode is HIL-BRO OLD MILL LANE: £70,000 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5EY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£225,000 £2,744 1
2000£135,000 £1,646 1
1999£120,0001
1995£70,000 £854 1

All the Sales in the OLD MILL LANE, WV16 5EY

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

AddressSold DatePrice% Change
HIL-BRO OLD MILL LANEDetached, FreeholdArea: 82 Sq.mtrAge: 1950-196610 Jan 2014£225,00066.67%
26 May 2000£135,00092.86%
30 Jun 1995£70,000First Sale
LONG ISLAND OLD MILL LANEDetached, Freehold18 Jun 1999£120,000First Sale

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

OLD MILL LANE, WV16 5EY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £215,231 median price is £187,750 Standard Deviation is £135,818 with Total Sold: 42
    • 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)
  • 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 £334,776 median price is £271,250 Standard Deviation is £187,660 with Total Sold: 66
    • The Last 5 Year average price is £460,006 with Total Sold: 9
    • 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 £630,500 median price is £630,500 Standard Deviation is £264,500 with Total Sold: 2
    • 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 , OLDBURY HOUSE OLDBURY ROAD: £895,000 (Sold on 02 Aug 2019)

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
2016£268,488 £3,031 4
2015£465,000 £1,404 1
2014£165,000 £2,012 1
2013£359,667 £2,211 3
2010£193,5001
2009£184,167 £1,986 3
2008£405,000 £1,827 2
2006£252,4752
2005£245,000 £2,784 1
2004£294,5001
2003£171,317 £1,720 3
2002£110,7502
2000£115,0001
1999£78,5001
1998£77,000 £939 1
1997£67,332 £823 3
1996£97,250 £1,118 1
1995£77,725 £687 4
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£316,225 £2,483 2
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

House Type in WV16 5EY area

The most common house types in the WV16 5EY 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 5EY 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