Housing Market Analysis for OLDBURY WELLS, WV16 5JE

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

Overview of Sold House prices

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

Detached
- The average price is around £278,250 median price is £273,500 Standard Deviation is £147,176 with Total Sold: 16
- The Last 5 Year average price is £435,000 with Total Sold: 2
- The most recent sale happened at this postcode is MELBOURNE HOUSE OLDBURY WELLS: £405,000 (Sold on 15 Mar 2021)
- The first recorded sale happened at this postcode is 5 OLDBURY WELLS: £104,500 (Sold on 27 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5JE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£405,000	£2,470	1
2019	£465,000	£2,870	1
2018	£327,500	£2,898	1
2016	£366,667	£1,818	3
2013	£250,000	£2,294	1
2011	£272,000	£2,407	1
2007	£300,000		1
2002	£278,667	£1,522	3
2001	£185,000		1
2000	£148,500	£1,362	1
1996	£58,500	£406	1
1995	£104,500		1

All the Sales in the OLDBURY WELLS, WV16 5JE

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

Address	Sold Date	Price	% Change
MELBOURNE HOUSE OLDBURY WELLSDetached, FreeholdArea: 164 Sq.mtrAge: 1900-1929	15 Mar 2021	£405,000	First Sale
7 OLDBURY WELLSDetached, FreeholdArea: 162 Sq.mtr	19 Dec 2019	£465,000	322.73%
7 OLDBURY WELLSDetached, FreeholdArea: 162 Sq.mtr	31 Mar 2016	£110,000	First Sale
8 OLDBURY WELLSDetached, FreeholdArea: 113 Sq.mtrAge: before 1900	25 Jul 2018	£327,500	20.40%
	12 Sep 2011	£272,000	58.14%
	11 Dec 2002	£172,000	First Sale
THE COTTAGE OLDBURY WELLSDetached, FreeholdArea: 349 Sq.mtrAge: 1900-1929	30 Mar 2016	£640,000	First Sale
10 OLDBURY WELLSDetached, FreeholdArea: 119 Sq.mtrAge: 1967-1975	29 Jan 2016	£350,000	First Sale
6A OLDBURY WELLSDetached, FreeholdArea: 109 Sq.mtrAge: 1983-1990	20 Sep 2013	£250,000	68.35%
	17 Aug 2000	£148,500	First Sale
6 OLDBURY WELLSDetached, Freehold	15 Jun 2007	£300,000	62.16%
6 OLDBURY WELLSDetached, Freehold	09 Aug 2001	£185,000	First Sale
9 OLDBURY WELLSDetached, Freehold	16 Dec 2002	£275,000	First Sale
THE COACH HOUSE OLDBURY WELLSDetached, Freehold	18 Jul 2002	£389,000	First Sale
4 OLDBURY WELLSDetached, FreeholdArea: 144 Sq.mtrAge: before 1900	27 Sep 1996	£58,500	First Sale
5 OLDBURY WELLSDetached, Freehold	27 Oct 1995	£104,500	First Sale

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

OLDBURY WELLS, WV16 5JE Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £179,776 median price is £169,950 Standard Deviation is £101,431 with Total Sold: 295
- The Last 5 Year average price is £284,008 with Total Sold: 38
- 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 , 8 LISTLEY STREET: £80,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £134,157 median price is £125,265 Standard Deviation is £54,064 with Total Sold: 551
- The Last 5 Year average price is £128,653 with Total Sold: 104
- 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 , 38 KINGS LOADE: £55,800 (Sold on 02 May 1995)
Terraced
- The average price is around £161,381 median price is £147,750 Standard Deviation is £98,592 with Total Sold: 852
- The Last 5 Year average price is £229,939 with Total Sold: 151
- The most recent sale happened at this postcode is , 4 POUND STREET: £145,000 (Sold on 15 May 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 £290,589 median price is £270,000 Standard Deviation is £158,522 with Total Sold: 490
- The Last 5 Year average price is £474,815 with Total Sold: 65
- The most recent sale happened at this postcode is , 2 MORGAN SPRINGS: £850,000 (Sold on 27 Feb 2024)
- The first recorded sale happened at this postcode is , 14 CRICKET MEADOW: £82,500 (Sold on 04 Jan 1995)
Other
- The average price is around £346,090 median price is £260,000 Standard Deviation is £314,841 with Total Sold: 76
- The Last 5 Year average price is £363,557 with Total Sold: 44
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£352,500	£3,432	2
2023	£345,000	£3,631	6
2022	£256,900	£3,578	8
2021	£301,450	£3,026	10
2020	£270,649	£2,882	4
2019	£233,125	£3,036	8
2018	£239,483	£2,923	6
2017	£201,250	£2,883	4
2016	£233,056	£2,496	8
2015	£284,312	£2,387	8
2014	£210,158	£2,445	12
2013	£214,998	£2,809	2
2012	£215,500	£2,106	5
2011	£176,250	£2,791	4
2010	£191,467	£2,386	9
2009	£181,717	£1,922	12
2008	£264,995	£2,522	10
2007	£269,967	£2,366	15
2006	£221,181	£2,487	16
2005	£229,588	£2,784	17
2004	£166,879	£2,212	12
2003	£147,657	£1,744	22
2002	£114,208	£1,505	6
2001	£103,211	£1,262	9
2000	£114,604	£1,197	14
1999	£81,556	£1,096	9
1998	£60,750	£888	6
1997	£75,991	£870	22
1996	£66,567	£880	15
1995	£60,211	£861	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£140,278	£1,787	9
2023	£122,789	£2,170	19
2022	£111,870	£2,214	23
2021	£129,793	£1,970	15
2020	£143,194	£2,291	18
2019	£134,350	£2,229	20
2018	£152,056	£2,384	17
2017	£143,591	£2,588	33
2016	£179,070	£2,770	25
2015	£153,056	£2,413	67
2014	£153,070	£2,616	22
2013	£133,297	£2,449	16
2012	£117,473	£2,289	11
2011	£148,645	£2,726	15
2010	£165,568	£3,004	11
2009	£164,886	£3,059	10
2008	£190,664	£3,523	53
2007	£142,994	£2,382	8
2006	£152,795	£3,030	10
2005	£154,105	£2,419	17
2004	£105,134	£2,287	16
2003	£104,508	£1,864	18
2002	£91,708	£1,960	22
2001	£89,175	£1,688	28
2000	£73,238	£1,327	4
1999	£56,833	£1,104	9
1998	£47,722	£996	9
1997	£49,550	£1,050	9
1996	£57,025	£1,078	10
1995	£38,393	£992	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,250	£2,681	4
2023	£257,677	£3,469	28
2022	£263,294	£3,319	27
2021	£232,385	£2,995	36
2020	£218,618	£2,822	25
2019	£187,245	£2,856	31
2018	£193,621	£2,910	33
2017	£210,348	£2,546	23
2016	£217,211	£2,482	35
2015	£181,322	£2,723	27
2014	£169,140	£2,511	25
2013	£204,062	£2,490	16
2012	£187,418	£2,690	11
2011	£193,247	£2,414	18
2010	£202,000	£2,493	12
2009	£195,790	£2,258	24
2008	£208,150	£3,019	10
2007	£197,197	£2,568	34
2006	£205,056	£2,517	36
2005	£180,452	£2,370	36
2004	£179,298	£2,629	29
2003	£140,097	£2,128	31
2002	£139,188	£1,616	34
2001	£110,973	£1,262	37
2000	£102,915	£1,327	30
1999	£77,953	£1,144	58
1998	£88,425	£1,078	38
1997	£78,648	£1,037	44
1996	£57,509	£914	29
1995	£56,482	£930	31

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£590,000	£2,986	4
2023	£495,106	£4,042	9
2022	£520,167	£3,971	9
2021	£473,478	£3,430	18
2020	£388,619	£3,104	8
2019	£454,941	£3,000	17
2018	£421,425	£3,205	14
2017	£404,385	£2,771	13
2016	£338,852	£2,533	24
2015	£345,536	£2,791	14
2014	£325,000	£2,546	13
2013	£295,200	£2,569	10
2012	£269,400	£2,552	10
2011	£434,359	£2,464	11
2010	£335,333	£2,310	15
2009	£347,791	£2,137	29
2008	£216,671	£1,277	7
2007	£322,075	£2,859	10
2006	£315,820	£2,238	25
2005	£327,736	£2,347	21
2004	£276,853	£2,254	19
2003	£294,458	£1,971	19
2002	£253,522	£1,643	23
2001	£177,935	£1,479	26
2000	£168,269	£1,226	24
1999	£150,288	£1,194	22
1998	£141,012	£1,036	13
1997	£127,221	£1,039	21
1996	£115,888	£856	20
1995	£119,955	£879	22

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£609,357	£15,644	7
2022	£280,000	£2,366	8
2021	£433,273	£2,554	11
2020	£251,591	£2,046	11
2019	£267,917	£852	6
2018	£414,100	£8,741	12
2017	£297,370	£1,848	14
2016	£212,500		4
2015	£162,000		2

House Type in WV16 5JE area

The most common house types in the WV16 5JE postcode area are Detached (108), Flat (12), and Semi-detached (2).

Total	123
Detached	108
Flat	12
Semi-detached	2
Shared house	1
Terraced	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 (72), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright	72
Owned: Owns with a mortgage or loan	32
Social rented: Other social rented	12
Private rented: Private landlord or letting agency	7
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the WV16 5JE have 2 people in household (54), and 1 person in household (32).

2 people in household	54
1 person in household	32
3 people in household	16
4 people in household	15
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0