Housing Market Analysis for WELLS CLOSE, WV16 5JQ

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

Overview of Sold House prices

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

Detached
- The average price is around £298,000 median price is £300,000 Standard Deviation is £131,234 with Total Sold: 29
- The Last 5 Year average price is £479,143 with Total Sold: 7
- The most recent sale happened at this postcode is 13 WELLS CLOSE: £510,000 (Sold on 29 Mar 2023)
- The first recorded sale happened at this postcode is 17 WELLS CLOSE: £590,000 (Sold on 09 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5JQ 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
2023	£510,000	£4,474	1
2022	£490,000	£2,917	1
2021	£482,000	£3,898	2
2020	£390,000	£3,223	1
2019	£410,000	£3,083	1
2017	£365,000	£3,202	1
2016	£373,750	£2,824	2
2013	£315,000	£2,368	1
2012	£282,500	£2,156	1
2011	£317,500	£2,442	1
2009	£290,000	£2,248	1
2006	£332,500	£2,386	2
2004	£300,000		1
2002	£231,000	£1,561	1
2001	£204,500	£1,549	2
2000	£193,000		2
1998	£151,000		1
1997	£145,500	£1,174	2
1996	£135,000	£925	1
1995	£134,167	£1,064	3
2024	£590,000		1

All the Sales in the WELLS CLOSE, WV16 5JQ

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

Address	Sold Date	Price	% Change
13 WELLS CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 1976-1982	29 Mar 2023	£510,000	39.73%
	31 Jan 2017	£365,000	First Sale
1 WELLS CLOSEDetached, FreeholdArea: 168 Sq.mtrAge: 1983-1990	21 Sep 2022	£490,000	First Sale
6 WELLS CLOSEDetached, FreeholdArea: 133 Sq.mtrAge: 1983-1990	23 Apr 2021	£526,000	First Sale
8 WELLS CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 1983-1990	23 Feb 2021	£438,000	First Sale
19 WELLS CLOSEDetached, FreeholdArea: 121 Sq.mtrAge: 1983-1990	17 Jan 2020	£390,000	First Sale
4 WELLS CLOSEDetached, FreeholdArea: 133 Sq.mtrAge: 1983-1990	11 Jan 2019	£410,000	30.16%
	01 May 2013	£315,000	-3.08%
	05 Apr 2006	£325,000	First Sale
10 WELLS CLOSEDetached, FreeholdArea: 130 Sq.mtrAge: 1983-1990	28 Sep 2016	£392,500	23.62%
	23 Sep 2011	£317,500	First Sale
18 WELLS CLOSEDetached, FreeholdArea: 135 Sq.mtrAge: 1983-1990	30 Mar 2016	£355,000	First Sale
2 WELLS CLOSEDetached, FreeholdArea: 131 Sq.mtrAge: 1983-1990	31 Oct 2012	£282,500	39.85%
	24 May 2001	£202,000	49.63%
	24 Nov 1995	£135,000	First Sale
11 WELLS CLOSEDetached, FreeholdArea: 129 Sq.mtrAge: 1983-1990	05 Jun 2009	£290,000	First Sale
5 WELLS CLOSEDetached, FreeholdArea: 146 Sq.mtrAge: 1991-1995	11 Aug 2006	£340,000	151.85%
	06 Aug 1996	£135,000	First Sale
15 WELLS CLOSEDetached, Freehold	02 Apr 2004	£300,000	92.31%
15 WELLS CLOSEDetached, Freehold	03 Oct 1997	£156,000	First Sale
9 WELLS CLOSEDetached, FreeholdArea: 148 Sq.mtrAge: 1983-1990	18 Mar 2002	£231,000	First Sale
3 WELLS CLOSEDetached, FreeholdArea: 133 Sq.mtrAge: 1983-1990	04 May 2001	£207,000	47.86%
	05 May 1995	£140,000	First Sale
12 WELLS CLOSEDetached, Freehold	21 Dec 2000	£200,000	32.45%
12 WELLS CLOSEDetached, Freehold	14 May 1998	£151,000	First Sale
14 WELLS CLOSEDetached, Freehold	26 May 2000	£186,000	First Sale
20 WELLS CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1991-1995	10 Jul 1997	£135,000	5.88%
	19 Jul 1995	£127,500	First Sale
17 WELLS CLOSEDetached, Freehold	09 May 2024	£590,000	First Sale

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

WELLS CLOSE, WV16 5JQ Near By properties

Interactive Map

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

Detached
- The average price is around £280,970 median price is £259,000 Standard Deviation is £148,424 with Total Sold: 622
- The Last 5 Year average price is £443,703 with Total Sold: 100
- 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 , 14 CRICKET MEADOW: £82,500 (Sold on 04 Jan 1995)
Semi-Detached
- The average price is around £193,783 median price is £184,500 Standard Deviation is £101,137 with Total Sold: 211
- The Last 5 Year average price is £304,160 with Total Sold: 33
- The most recent sale happened at this postcode is , 14 WEST CASTLE STREET: £395,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 8 LISTLEY STREET: £80,000 (Sold on 03 Feb 1995)
Terraced
- The average price is around £154,199 median price is £138,250 Standard Deviation is £97,282 with Total Sold: 436
- The Last 5 Year average price is £241,336 with Total Sold: 81
- The most recent sale happened at this postcode is , 41 LISTLEY STREET: £150,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 43 OLDBURY WELLS: £58,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £142,102 median price is £138,750 Standard Deviation is £62,447 with Total Sold: 239
- The Last 5 Year average price is £148,956 with Total Sold: 44
- 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)
Other
- The average price is around £342,771 median price is £251,500 Standard Deviation is £326,467 with Total Sold: 32
- The Last 5 Year average price is £400,023 with Total Sold: 22
- 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£501,750	£3,125	10
2023	£448,412	£4,131	12
2022	£500,643	£3,975	14
2021	£451,983	£3,439	23
2020	£372,996	£3,096	14
2019	£420,194	£3,121	27
2018	£388,403	£3,143	16
2017	£365,979	£2,785	17
2016	£332,151	£2,494	32
2015	£316,086	£2,756	20
2014	£303,947	£2,459	19
2013	£289,300	£2,475	15
2012	£252,833	£2,511	12
2011	£370,247	£2,452	16
2010	£321,414	£2,395	18
2009	£321,205	£2,131	36
2008	£283,518	£1,845	11
2007	£299,783	£3,356	15
2006	£322,115	£2,280	26
2005	£307,810	£2,567	21
2004	£275,200	£2,278	21
2003	£274,726	£1,981	23
2002	£237,062	£1,658	24
2001	£159,933	£1,565	33
2000	£167,258	£1,213	25
1999	£137,724	£1,149	26
1998	£137,650	£1,058	21
1997	£121,291	£988	24
1996	£104,785	£844	27
1995	£111,354	£852	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£366,667	£3,432	3
2023	£368,800	£3,507	5
2022	£293,367	£3,532	6
2021	£301,450	£3,026	10
2020	£270,649	£2,882	4
2019	£247,200	£3,165	5
2018	£242,333	£2,794	3
2017	£185,000	£3,135	3
2016	£230,636	£2,468	7
2015	£199,500	£2,493	5
2014	£212,822	£2,310	9
2013	£195,624	£3,104	4
2012	£215,500	£2,023	5
2011	£184,000	£3,650	1
2010	£199,594	£2,478	8
2009	£186,050	£2,051	12
2008	£294,494	£2,491	8
2007	£274,462	£2,331	13
2006	£242,490	£2,240	10
2005	£239,000	£2,814	11
2004	£164,008	£2,039	6
2003	£162,158	£1,746	12
2002	£140,900	£1,671	5
2001	£109,300	£1,060	5
2000	£103,250	£1,244	10
1999	£85,500	£1,000	6
1998	£62,214	£838	7
1997	£75,523	£851	13
1996	£70,975	£757	10
1995	£67,390	£555	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,750	£3,642	4
2023	£276,700	£3,108	15
2022	£292,225	£3,493	20
2021	£221,500	£3,099	16
2020	£199,462	£2,660	13
2019	£198,558	£2,856	13
2018	£190,196	£2,986	14
2017	£172,200	£2,371	10
2016	£199,938	£2,550	17
2015	£185,304	£2,789	13
2014	£170,029	£2,634	17
2013	£194,000	£2,311	9
2012	£149,158	£2,464	6
2011	£159,250	£2,489	8
2010	£175,571	£2,455	7
2009	£182,750	£2,057	12
2008	£171,400	£3,488	5
2007	£208,056	£2,750	16
2006	£204,359	£2,548	16
2005	£197,486	£2,019	15
2004	£179,634	£2,326	16
2003	£127,214	£2,233	14
2002	£123,000	£1,689	14
2001	£98,476	£1,314	21
2000	£108,050	£1,254	19
1999	£70,789	£1,146	28
1998	£60,103	£776	19
1997	£60,630	£1,062	27
1996	£47,750	£740	18
1995	£51,857	£857	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£147,500	£1,775	6
2023	£143,721	£1,995	7
2022	£133,056	£2,545	9
2021	£149,750	£2,039	8
2020	£156,667	£2,506	9
2019	£171,500	£2,246	5
2018	£158,342	£2,428	13
2017	£163,722	£2,757	18
2016	£191,750	£2,899	19
2015	£158,434	£2,435	58
2014	£173,270	£2,814	10
2013	£113,250	£2,977	2
2012	£87,000		1
2011	£163,833	£1,654	3
2010	£189,975	£3,853	2
2009	£127,500	£2,768	2
2008	£220,833	£2,187	3
2007	£115,000		1
2006	£187,500	£3,651	6
2005	£194,473	£2,828	8
2004	£93,733	£2,669	6
2003	£99,250	£2,180	2
2002	£78,979	£1,837	6
2001	£58,167	£1,172	3
2000	£73,238	£1,327	4
1999	£53,900	£1,108	5
1998	£40,929	£928	7
1997	£45,490	£792	5
1996	£50,136	£1,136	7
1995	£25,750	£884	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£1,034,750	£42,314	2
2022	£346,000	£2,743	5
2021	£389,167	£2,398	6
2020	£233,200	£1,896	5
2019	£383,333		3
2018	£280,000	£2,688	2
2017	£245,636	£1,848	5
2016	£105,000		2
2015	£170,000		1

House Type in WV16 5JQ area

The most common house types in the WV16 5JQ postcode area are Detached (89), Semi-detached (47), and Terraced (2).

Total	138
Detached	89
Semi-detached	47
Terraced	2
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 (81), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright	81
Owned: Owns with a mortgage or loan	42
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	2
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 5JQ have 2 people in household (64), and 1 person in household (24).

2 people in household	64
1 person in household	24
3 people in household	23
4 people in household	20
5 people in household	7
6 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0