Housing Market Analysis for LUDLOW ROAD, WV16 5NQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £263,750 median price is £263,750 Standard Deviation is £151,250 with Total Sold: 2
    • The Last 5 Year average price is £415,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SEVEN ACRES LUDLOW ROAD: £415,000 (Sold on 01 Apr 2019)
    • The first recorded sale happened at this postcode is MAYFIELD LUDLOW ROAD: £112,500 (Sold on 07 Mar 1997)
  • Other
    • The average price is around £120,000 median price is £120,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE WORKS LUDLOW ROAD: £120,000 (Sold on 07 Mar 2018)
    • The first recorded sale happened at this postcode is THE WORKS LUDLOW ROAD: £120,000 (Sold on 07 Mar 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5NQ 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
2019£415,000 £3,952 1
1997£112,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£120,0001

All the Sales in the LUDLOW ROAD, WV16 5NQ

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

AddressSold DatePrice% Change
SEVEN ACRES LUDLOW ROADDetached, FreeholdArea: 105 Sq.mtrAge: 1950-196601 Apr 2019£415,000First Sale
THE WORKS LUDLOW ROADOther, Freehold07 Mar 2018£120,000First Sale
MAYFIELD LUDLOW ROADDetached, Freehold07 Mar 1997£112,500First Sale

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

LUDLOW ROAD, WV16 5NQ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £382,500 median price is £415,000 Standard Deviation is £142,531 with Total Sold: 5
    • The Last 5 Year average price is £471,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , THORNTON LODGE LUDLOW ROAD: £500,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is , MAYFIELD LUDLOW ROAD: £112,500 (Sold on 07 Mar 1997)
  • Other
    • The average price is around £120,000 median price is £120,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE WORKS LUDLOW ROAD: £120,000 (Sold on 07 Mar 2018)
    • The first recorded sale happened at this postcode is , THE WORKS LUDLOW ROAD: £120,000 (Sold on 07 Mar 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£500,000 £4,505 2
2019£415,000 £3,952 1
2010£385,000 £2,319 1
1997£112,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£120,0001

House Type in WV16 5NQ area

The most common house types in the WV16 5NQ postcode area are Terraced (62), Flat (55), and Semi-detached (37).

Total180
Terraced62
Flat55
Semi-detached37
Detached22
commercial building3
converted building1
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (64), and Owned: Owns with a mortgage or loan (55).

Social rented: Other social rented64
Owned: Owns with a mortgage or loan55
Owned: Owns outright26
Private rented: Private landlord or letting agency18
Social rented: Rents from council or Local Authority9
Shared ownership: Shared ownership7
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the WV16 5NQ have 2 people in household (57), and 1 person in household (52).

2 people in household57
1 person in household52
3 people in household36
4 people in household28
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0