Housing Market Analysis for MORGAN SPRINGS, WV16 5JS

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £545,950 median price is £497,500 Standard Deviation is £147,240 with Total Sold: 10
    • The Last 5 Year average price is £715,833 with Total Sold: 3
    • 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 3 MORGAN SPRINGS: £495,000 (Sold on 31 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5JS 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
2024£850,000 £2,888 1
2021£797,500 £2,713 1
2019£500,000 £2,632 1
2016£560,000 £1,573 1
2009£500,000 £1,699 1
2006£415,000 £2,184 1
2005£470,000 £1,599 1
2003£455,667 £1,537 3

All the Sales in the MORGAN SPRINGS, WV16 5JS

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

AddressSold DatePrice% Change
2 MORGAN SPRINGSDetached, FreeholdArea: 294.32 Sq.mtrAge: 2003-200627 Feb 2024£850,00070.00%
28 Sep 2009£500,000First Sale
1 MORGAN SPRINGSDetached, FreeholdArea: 294 Sq.mtrAge: 2003-200629 Oct 2021£797,50069.68%
02 Dec 2005£470,000-5.05%
18 Dec 2003£495,000First Sale
4 MORGAN SPRINGSDetached, FreeholdArea: 190 Sq.mtrAge: 2003-200626 Jul 2019£500,00020.48%
24 Mar 2006£415,000First Sale
3 MORGAN SPRINGSDetached, FreeholdArea: 356 Sq.mtrAge: 2003-200615 Nov 2016£560,00013.13%
31 Jul 2003£495,000First Sale
5 MORGAN SPRINGSDetached, Freehold30 Oct 2003£377,000First Sale

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

MORGAN SPRINGS, WV16 5JS Near By properties

Interactive Map

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

  • Detached
    • The average price is around £277,270 median price is £251,000 Standard Deviation is £146,391 with Total Sold: 488
    • The Last 5 Year average price is £440,135 with Total Sold: 83
    • 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 , 18 LUDLOW HEIGHTS: £57,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £188,054 median price is £177,975 Standard Deviation is £98,748 with Total Sold: 158
    • The Last 5 Year average price is £303,832 with Total Sold: 28
    • 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 £136,825 median price is £128,750 Standard Deviation is £82,957 with Total Sold: 271
    • The Last 5 Year average price is £209,692 with Total Sold: 56
    • 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 £143,993 median price is £140,000 Standard Deviation is £62,516 with Total Sold: 229
    • The Last 5 Year average price is £149,257 with Total Sold: 43
    • 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 £371,225 median price is £265,500 Standard Deviation is £386,197 with Total Sold: 20
    • The Last 5 Year average price is £410,633 with Total Sold: 15
    • The most recent sale happened at this postcode is , 12A RAILWAY STREET: £1,819,500 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is UNIT 2, SMITHFIELD CENTRE WHITBURN STREET: £10,000 (Sold on 19 Dec 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£495,833 £3,139 9
2023£465,845 £4,105 10
2022£493,182 £3,880 11
2021£454,769 £3,609 19
2020£362,838 £3,022 13
2019£410,845 £3,042 21
2018£401,997 £2,992 15
2017£338,725 £2,701 14
2016£337,865 £2,306 23
2015£309,148 £2,432 15
2014£287,154 £2,398 13
2013£291,885 £2,514 13
2012£240,625 £2,297 8
2011£327,494 £2,363 9
2010£344,842 £2,147 13
2009£310,841 £2,071 29
2008£271,962 £1,554 8
2007£290,675 £3,853 10
2006£325,950 £2,287 20
2005£283,111 £2,654 18
2004£283,482 £2,440 17
2003£294,446 £1,961 15
2002£221,286 £1,647 21
2001£161,550 £1,588 26
2000£149,392 £1,214 19
1999£138,097 £1,168 24
1998£128,221 £1,035 12
1997£127,738 £1,006 21
1996£101,235 £883 20
1995£114,545 £824 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£366,667 £3,432 3
2023£354,667 £3,656 3
2022£293,367 £3,532 6
2021£314,312 £3,133 8
2020£277,532 £2,826 3
2019£247,200 £3,165 5
2018£242,333 £2,794 3
2017£180,000 £3,769 2
2016£218,490 £2,523 5
2015£210,000 £2,298 3
2014£217,914 £2,223 7
2013£177,500 £3,251 3
2012£190,833 £2,247 3
2011£184,000 £3,650 1
2010£199,300 £2,626 5
2009£170,289 £2,047 9
2008£280,136 £2,491 7
2007£253,125 £2,331 8
2006£240,136 £2,240 7
2005£212,143 £2,367 7
2004£177,275 £1,825 2
2003£157,045 £1,784 9
2002£127,875 £1,671 4
2001£112,667 £1,186 3
2000£108,143 £1,239 7
1999£78,400 £837 5
1998£63,300 £859 5
1997£76,316 £909 12
1996£70,594 £757 8
1995£67,390 £555 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0003
2023£225,545 £3,174 11
2022£284,607 £3,371 14
2021£178,889 £3,057 9
2020£173,050 £2,507 10
2019£155,194 £2,609 9
2018£162,575 £2,845 10
2017£127,000 £1,991 4
2016£179,994 £2,559 9
2015£150,119 £2,777 8
2014£166,812 £2,716 8
2013£183,000 £2,280 5
2012£149,158 £2,464 6
2011£155,750 £2,934 4
2010£177,500 £1,859 3
2009£167,000 £2,079 10
2008£168,500 £3,136 2
2007£157,605 £2,559 9
2006£181,325 £2,731 10
2005£170,207 £1,920 7
2004£140,906 £2,247 9
2003£124,389 £2,262 9
2002£119,556 £1,540 9
2001£103,735 £1,228 13
2000£82,923 £1,228 13
1999£66,602 £1,081 21
1998£57,120 £872 10
1997£54,812 £971 12
1996£43,812 £771 12
1995£50,708 £870 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,800 £1,775 5
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£159,271 £2,457 56
2014£189,088 £2,979 8
2013£113,250 £2,977 2
2012£87,0001
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£115,0001
2006£196,000 £3,651 5
2005£194,473 £2,828 8
2004£99,480 £2,669 5
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£44,700 £928 5
1997£45,490 £792 5
1996£43,658 £1,136 6
1995£25,750 £884 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,819,500 £42,314 1
2022£379,500 £3,040 2
2021£391,000 £2,398 5
2020£233,200 £1,896 5
2019£230,0002
2018£280,000 £2,688 2
2017£347,500 £1,848 2
2016£10,0001

House Type in WV16 5JS area

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

Total138
Detached89
Semi-detached47
Terraced2
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

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 outright81
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency12
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the WV16 5JS have 2 people in household (64), and 1 person in household (24).

2 people in household64
1 person in household24
3 people in household23
4 people in household20
5 people in household7
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0