Housing Market Analysis for WV16 5NT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average WV16 5NT 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.

    All the Sales in the WV16 5NT

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

    AddressSold DatePrice% Change

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

    WV16 5NT Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the WV16 5NT 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 5NT 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 5NT area

    The most common house types in the WV16 5NT postcode area are Detached (71), Semi-detached (31), and Terraced (24).

    Total128
    Detached71
    Semi-detached31
    Terraced24
    Flat1
    Shared house1
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (49), and Owned: Owns outright (37).

    Owned: Owns with a mortgage or loan49
    Owned: Owns outright37
    Private rented: Private landlord or letting agency22
    Social rented: Other social rented12
    Private rented: Other private rented9
    Shared ownership: Shared ownership1
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the WV16 5NT have 2 people in household (54), and 1 person in household (26).

    2 people in household54
    1 person in household26
    4 people in household25
    3 people in household23
    5 people in household3
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0