Housing Market Analysis for LOWER FORGE, WV16 5LQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £543,333 median price is £450,000 Standard Deviation is £222,311 with Total Sold: 3
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SEVERN HOUSE COTTAGE LOWER FORGE: £450,000 (Sold on 22 Dec 2021)
    • The first recorded sale happened at this postcode is SEVERN HOUSE COTTAGE LOWER FORGE: £330,000 (Sold on 24 Nov 2004)
  • Terraced
    • The average price is around £117,906 median price is £120,000 Standard Deviation is £52,902 with Total Sold: 8
    • The most recent sale happened at this postcode is 11 LOWER FORGE: £115,000 (Sold on 02 Sep 2016)
    • The first recorded sale happened at this postcode is 8 LOWER FORGE: £65,750 (Sold on 17 May 1996)
  • Other
    • The average price is around £115,000 median price is £115,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 LOWER FORGE: £115,000 (Sold on 02 Sep 2016)
    • The first recorded sale happened at this postcode is 9 LOWER FORGE: £115,000 (Sold on 02 Sep 2016)
  • Semi-Detached
    • The average price is around £140,700 median price is £165,000 Standard Deviation is £47,138 with Total Sold: 5
    • The most recent sale happened at this postcode is 1, HAYE FARM COTTAGES LOWER FORGE: £180,000 (Sold on 03 Oct 2013)
    • The first recorded sale happened at this postcode is 2, HAYE FARM COTTAGES LOWER FORGE: £75,000 (Sold on 16 Jul 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5LQ 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
2021£450,0001
2015£850,000 £1,820 1
2004£330,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£115,000 £1,075 1
2007£195,0001
2003£160,000 £1,905 1
2002£125,000 £1,488 1
2001£131,250 £2,388 2
1998£20,000 £294 1
1996£65,750 £783 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£115,000 £1,691 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£180,000 £2,338 1
2009£165,000 £1,882 1
2003£190,0001
2000£93,500 £1,066 1
1999£75,000 £855 1

All the Sales in the LOWER FORGE, WV16 5LQ

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

AddressSold DatePrice% Change
SEVERN HOUSE COTTAGE LOWER FORGEDetached, Freehold22 Dec 2021£450,00036.36%
24 Nov 2004£330,000First Sale
11 LOWER FORGETerraced, FreeholdArea: 107 Sq.mtr02 Sep 2016£115,000First Sale
9 LOWER FORGEOther, FreeholdArea: 68 Sq.mtr02 Sep 2016£115,000First Sale
HAYE HOUSE LOWER FORGEDetached, FreeholdArea: 467 Sq.mtrAge: before 190023 Mar 2015£850,000First Sale
1, HAYE FARM COTTAGES LOWER FORGESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196603 Oct 2013£180,000First Sale
2, HAYE FARM COTTAGES LOWER FORGESemi-Detached, FreeholdArea: 87.68 Sq.mtrAge: 1950-196617 Jul 2009£165,00076.47%
14 Nov 2000£93,50024.67%
16 Jul 1999£75,000First Sale
7 LOWER FORGETerraced, Freehold01 Feb 2007£195,00095.00%
03 Sep 2001£100,000First Sale
3 LOWER FORGESemi-Detached, Freehold21 Nov 2003£190,000First Sale
8 LOWER FORGETerraced, FreeholdArea: 84 Sq.mtrAge: before 190025 Apr 2003£160,00028.00%
16 Aug 2002£125,00090.11%
17 May 1996£65,750First Sale
4, HAYE COURT LOWER FORGETerraced, FreeholdArea: 68.06 Sq.mtrAge: 1996-200213 Jul 2001£162,500712.50%
06 Nov 1998£20,000First Sale

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

LOWER FORGE, WV16 5LQ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £543,333 median price is £450,000 Standard Deviation is £222,311 with Total Sold: 3
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SEVERN HOUSE COTTAGE LOWER FORGE: £450,000 (Sold on 22 Dec 2021)
    • The first recorded sale happened at this postcode is , SEVERN HOUSE COTTAGE LOWER FORGE: £330,000 (Sold on 24 Nov 2004)
  • Other
    • The average price is around £115,000 median price is £115,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 9 LOWER FORGE: £115,000 (Sold on 02 Sep 2016)
    • The first recorded sale happened at this postcode is , 9 LOWER FORGE: £115,000 (Sold on 02 Sep 2016)
  • Terraced
    • The average price is around £117,906 median price is £120,000 Standard Deviation is £52,902 with Total Sold: 8
    • The most recent sale happened at this postcode is , 11 LOWER FORGE: £115,000 (Sold on 02 Sep 2016)
    • The first recorded sale happened at this postcode is , 8 LOWER FORGE: £65,750 (Sold on 17 May 1996)
  • Semi-Detached
    • The average price is around £140,700 median price is £165,000 Standard Deviation is £47,138 with Total Sold: 5
    • The most recent sale happened at this postcode is 1, HAYE FARM COTTAGES LOWER FORGE: £180,000 (Sold on 03 Oct 2013)
    • The first recorded sale happened at this postcode is 2, HAYE FARM COTTAGES LOWER FORGE: £75,000 (Sold on 16 Jul 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£450,0001
2015£850,000 £1,820 1
2004£330,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£115,000 £1,691 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£115,000 £1,075 1
2007£195,0001
2003£160,000 £1,905 1
2002£125,000 £1,488 1
2001£131,250 £2,388 2
1998£20,000 £294 1
1996£65,750 £783 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£180,000 £2,338 1
2009£165,000 £1,882 1
2003£190,0001
2000£93,500 £1,066 1
1999£75,000 £855 1

House Type in WV16 5LQ area

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