Housing Market Analysis for WV16 5NR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £373,500 median price is £395,000 Standard Deviation is £130,035 with Total Sold: 5
    • The Last 5 Year average price is £557,500 with Total Sold: 1
    • The most recent sale happened at this postcode is MOR BROOK BARN, THE LYE: £557,500 (Sold on 27 Sep 2019)
    • The first recorded sale happened at this postcode is MOR BROOK BARN, THE LYE: £235,000 (Sold on 23 Aug 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average WV16 5NR 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£557,5001
2017£220,000 £2,821 1
2012£395,000 £4,877 1
2006£460,000 £5,679 1
2001£235,0001

All the Sales in the WV16 5NR

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

AddressSold DatePrice% Change
MOR BROOK BARN, THE LYEDetached, Freehold27 Sep 2019£557,500137.23%
23 Aug 2001£235,000First Sale
14, THE LYEDetached, FreeholdArea: 78 Sq.mtrAge: before 190018 Dec 2017£220,000First Sale
WHITE LYE BARNDetached, FreeholdArea: 81 Sq.mtrAge: 1996-200229 Jun 2012£395,000-14.13%
07 Jul 2006£460,000First Sale

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

WV16 5NR Near By properties

Interactive Map

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

  • Detached
    • The average price is around £423,889 median price is £440,000 Standard Deviation is £149,658 with Total Sold: 9
    • The Last 5 Year average price is £628,750 with Total Sold: 2
    • The most recent sale happened at this postcode is TUDOR COTTAGE, THE LYE : £700,000 (Sold on 05 Jun 2023)
    • The first recorded sale happened at this postcode is MOR BROOK BARN, THE LYE : £235,000 (Sold on 23 Aug 2001)
  • Other
    • The average price is around £11,000 median price is £11,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £11,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WOOD COTTAGE, THE LYE : £11,000 (Sold on 20 May 2021)
    • The first recorded sale happened at this postcode is WOOD COTTAGE, THE LYE : £11,000 (Sold on 20 May 2021)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£700,000 £4,430 1
2019£557,5001
2017£370,000 £3,096 2
2015£287,500 £1,820 1
2012£417,500 £3,865 2
2006£460,000 £5,679 1
2001£235,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£11,000 £71 1

House Type in WV16 5NR area

The most common house types in the WV16 5NR postcode area are Detached (106), Semi-detached (47), and Terraced (5).

Total162
Detached106
Semi-detached47
Terraced5
Shared house3
converted building1
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright54
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency41
Private rented: Other private rented10
Social rented: Other social rented9
Social rented: Rents from council or Local Authority6
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the WV16 5NR have 2 people in household (86), and 1 person in household (27).

2 people in household86
1 person in household27
3 people in household20
4 people in household17
5 people in household5
6 people in household5
7 people in household2
0 people in household0
8 or more people in household0