Housing Market Analysis for WV16 5LB

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

Overview of Sold House prices

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

  • Other
    • The average price is around £290,000 median price is £290,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £290,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE CROFT: £290,000 (Sold on 12 Jul 2019)
    • The first recorded sale happened at this postcode is THE CROFT: £290,000 (Sold on 12 Jul 2019)
  • Detached
    • The average price is around £319,750 median price is £345,000 Standard Deviation is £52,870 with Total Sold: 4
    • The most recent sale happened at this postcode is CROWN HOUSE: £360,000 (Sold on 18 Jun 2018)
    • The first recorded sale happened at this postcode is SMITHY COTTAGE: £229,000 (Sold on 19 Nov 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5LB 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
2019£290,000 £4,286 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£355,000 £2,261 2
2013£340,000 £2,140 1
2003£229,0001

All the Sales in the WV16 5LB

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

AddressSold DatePrice% Change
THE CROFTOther, FreeholdArea: 67.655 Sq.mtrAge: 1950-196612 Jul 2019£290,000First Sale
CROWN HOUSEDetached, FreeholdArea: 159 Sq.mtrAge: before 190018 Jun 2018£360,000First Sale
GLENDALEDetached, FreeholdArea: 155 Sq.mtrAge: 1967-197506 Mar 2018£350,000First Sale
RED HOUSE FARMDetached, FreeholdArea: 158.91 Sq.mtrAge: before 190006 Dec 2013£340,000First Sale
SMITHY COTTAGEDetached, Freehold19 Nov 2003£229,000First Sale

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

WV16 5LB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £341,747 median price is £318,000 Standard Deviation is £168,038 with Total Sold: 97
    • The Last 5 Year average price is £440,615 with Total Sold: 13
    • The most recent sale happened at this postcode is , 5 SEVERN CRESCENT: £298,000 (Sold on 06 Sep 2023)
    • The first recorded sale happened at this postcode is , FAIRVIEW : £60,000 (Sold on 19 Apr 1995)
  • Semi-Detached
    • The average price is around £196,270 median price is £206,500 Standard Deviation is £117,543 with Total Sold: 12
    • The Last 5 Year average price is £205,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , CEDAR CROFT : £300,000 (Sold on 25 Apr 2023)
    • The first recorded sale happened at this postcode is , 1 ORCHARD ROAD: £24,500 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £396,250 median price is £396,250 Standard Deviation is £106,250 with Total Sold: 2
    • The Last 5 Year average price is £290,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE CROFT : £290,000 (Sold on 12 Jul 2019)
    • The first recorded sale happened at this postcode is , 1 THE MOAT HOUSE: £502,500 (Sold on 09 Feb 2018)
  • Terraced
    • The average price is around £244,667 median price is £200,000 Standard Deviation is £106,837 with Total Sold: 3
    • The most recent sale happened at this postcode is , 2 GRANGE FARM COURT: £392,000 (Sold on 21 Jun 2013)
    • The first recorded sale happened at this postcode is , 3 GRANGE FARM COURT: £142,000 (Sold on 28 Apr 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£406,500 £3,297 2
2022£860,000 £3,386 1
2021£411,429 £3,489 7
2020£550,000 £1,930 1
2019£312,500 £2,888 2
2018£466,667 £2,423 3
2017£375,000 £2,231 2
2016£300,000 £2,623 3
2015£433,500 £2,513 4
2013£411,667 £2,006 3
2012£297,0001
2011£289,167 £2,545 3
2009£342,300 £2,349 5
2007£528,575 £2,325 6
2006£396,779 £2,073 7
2005£309,000 £2,153 2
2004£220,238 £1,486 4
2003£289,165 £1,874 15
2002£353,315 £1,850 13
2001£206,500 £1,667 3
2000£188,3333
1999£135,0001
1998£224,750 £796 2
1997£110,500 £995 2
1996£98,000 £605 1
1995£60,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £3,061 1
2021£110,000 £1,365 1
2016£193,000 £2,354 1
2008£249,9951
2006£353,750 £2,034 2
2003£187,5001
2002£285,000 £1,397 1
2001£35,000 £327 1
1998£220,000 £1,078 1
1995£33,625 £530 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£290,000 £4,286 1
2018£502,500 £1,763 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£392,000 £1,922 1
2002£200,0001
1999£142,0001

House Type in WV16 5LB area

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