Housing Market Analysis for WV16 5LW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £322,600 median price is £322,600 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is ELMSLEA: £322,600 (Sold on 02 Dec 1998)
    • The first recorded sale happened at this postcode is ELMSLEA: £322,600 (Sold on 02 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5LW 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
1998£322,600 £1,136 1

All the Sales in the WV16 5LW

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

AddressSold DatePrice% Change
ELMSLEADetached, FreeholdArea: 284 Sq.mtrAge: 1930-194902 Dec 1998£322,600First Sale

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

WV16 5LW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £336,117 median price is £322,600 Standard Deviation is £160,401 with Total Sold: 9
    • The Last 5 Year average price is £132,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , WENDON OLDBURY ROAD: £132,500 (Sold on 14 Dec 2020)
    • The first recorded sale happened at this postcode is , WICKETS MANOR FARM LANE: £230,000 (Sold on 19 Nov 1997)
  • Other
    • The average price is around £895,000 median price is £895,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £895,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , OLDBURY HOUSE OLDBURY ROAD: £895,000 (Sold on 02 Aug 2019)
    • The first recorded sale happened at this postcode is , OLDBURY HOUSE OLDBURY ROAD: £895,000 (Sold on 02 Aug 2019)
  • Semi-Detached
    • The average price is around £650,000 median price is £650,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , MANOR COURT MANOR FARM LANE: £650,000 (Sold on 19 Aug 2013)
    • The first recorded sale happened at this postcode is , MANOR COURT MANOR FARM LANE: £650,000 (Sold on 19 Aug 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£132,500 £2,172 1
2016£485,000 £2,922 1
2014£550,000 £2,764 1
2009£475,000 £3,214 1
2007£359,975 £2,000 2
2001£110,000 £576 1
1998£322,600 £1,136 1
1997£230,000 £1,156 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£895,000 £2,393 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£650,000 £2,211 1

House Type in WV16 5LW area

The most common house types in the WV16 5LW postcode area are Detached (66), Semi-detached (50), and Flat (40).

Total164
Detached66
Semi-detached50
Flat40
Terraced7
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (113), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright113
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the WV16 5LW have 2 people in household (73), and 1 person in household (55).

2 people in household73
1 person in household55
3 people in household15
4 people in household14
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0