Housing Market Analysis for WV16 5LA

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

Overview of Sold House prices

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

  • Other
    • The average price is around £782,500 median price is £782,500 Standard Deviation is £32,500 with Total Sold: 2
    • The Last 5 Year average price is £750,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MILL COTTAGE: £750,000 (Sold on 18 May 2022)
    • The first recorded sale happened at this postcode is EARDINGTON MILL: £815,000 (Sold on 07 Aug 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5LA 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£750,000 £3,641 1
2017£815,000 £2,531 1

All the Sales in the WV16 5LA

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

AddressSold DatePrice% Change
MILL COTTAGEOther, FreeholdArea: 206 Sq.mtrAge: before 190018 May 2022£750,000First Sale
EARDINGTON MILLOther, FreeholdArea: 322 Sq.mtrAge: before 190007 Aug 2017£815,000First Sale

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

WV16 5LA Near By properties

Interactive Map

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

  • Other
    • The average price is around £741,250 median price is £782,500 Standard Deviation is £286,757 with Total Sold: 4
    • The Last 5 Year average price is £716,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , MILL COTTAGE : £750,000 (Sold on 18 May 2022)
    • The first recorded sale happened at this postcode is , EARDINGTON MILL : £815,000 (Sold on 07 Aug 2017)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£750,000 £3,641 1
2020£700,000 £1,515 2
2017£815,000 £2,531 1

House Type in WV16 5LA area

The most common house types in the WV16 5LA postcode area are Detached (134), temporary structure (42), and Semi-detached (17).

Total211
Detached134
temporary structure42
Semi-detached17
Terraced15
commercial building2
converted building1
Flat0
Shared house0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (140), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright140
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency21
Private rented: Other private rented8
Social rented: Other social rented2
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 5LA have 2 people in household (116), and 1 person in household (52).

2 people in household116
1 person in household52
3 people in household20
4 people in household15
5 people in household6
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0