Housing Market Analysis for THE SMITHY, WV7 3LY

Are you looking to understand WV7 3LY 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 WV7 3LY area, explore the WV7 3LY Area information page.
For comprehensive crime statistics in the WV7 3LY area, explore the WV7 3LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the WV7 3LY postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £243,286 median price is £220,000 Standard Deviation is £42,176 with Total Sold: 7
    • The Last 5 Year average price is £215,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ANVIL COTTAGE, 2 THE SMITHY: £215,000 (Sold on 24 Sep 2019)
    • The first recorded sale happened at this postcode is HORSESHOE COTTAGE, 6 THE SMITHY: £220,000 (Sold on 01 Mar 2017)
  • Detached
    • The average price is around £210,000 median price is £210,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is BLACKSMITHS COTTAGE, 4 THE SMITHY: £210,000 (Sold on 09 Nov 2017)
    • The first recorded sale happened at this postcode is BLACKSMITHS COTTAGE, 4 THE SMITHY: £210,000 (Sold on 09 Nov 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average WV7 3LY 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£215,0001
2017£248,0006
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£210,0001

All the Sales in the THE SMITHY, WV7 3LY

See the table below for more details on the sold house prices in the WV7 3LY, Shropshire postcode.

AddressSold DatePrice% Change
ANVIL COTTAGE, 2 THE SMITHYSemi-Detached, Freehold24 Sep 2019£215,0002.38%
05 Dec 2017£210,000First Sale
THE FORGE, 1 THE SMITHYSemi-Detached, Freehold08 Dec 2017£339,000First Sale
BLACKSMITHS COTTAGE, 4 THE SMITHYDetached, Freehold09 Nov 2017£210,000First Sale
FARRIERS COTTAGE, 3 THE SMITHYSemi-Detached, Freehold31 Jul 2017£239,000First Sale
PUNCH COTTAGE, 5 THE SMITHYSemi-Detached, Freehold28 Jul 2017£220,000First Sale
THE OLD SMITHY, 1A THE SMITHYSemi-Detached, Freehold05 Jun 2017£260,000First Sale
HORSESHOE COTTAGE, 6 THE SMITHYSemi-Detached, Freehold01 Mar 2017£220,000First Sale

Check out the sold house prices near the WV7 3LY postcode. Properties currently for saleProperties currently for rent

THE SMITHY, WV7 3LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the WV7 3LY 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 WV7 3LY postcode.

  • Semi-Detached
    • The average price is around £182,182 median price is £184,000 Standard Deviation is £83,317 with Total Sold: 241
    • The Last 5 Year average price is £268,518 with Total Sold: 62
    • The most recent sale happened at this postcode is , 1 WESTON ROAD: £315,000 (Sold on 11 Jul 2024)
    • The first recorded sale happened at this postcode is , 22 FAIR LAWN: £60,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £180,521 median price is £174,000 Standard Deviation is £104,278 with Total Sold: 107
    • The Last 5 Year average price is £244,407 with Total Sold: 37
    • The most recent sale happened at this postcode is , 44 HIGH STREET: £152,500 (Sold on 01 Jul 2024)
    • The first recorded sale happened at this postcode is , 27 FAIR LAWN: £65,000 (Sold on 07 Jun 1995)
  • Detached
    • The average price is around £285,365 median price is £268,500 Standard Deviation is £159,811 with Total Sold: 233
    • The Last 5 Year average price is £444,507 with Total Sold: 63
    • The most recent sale happened at this postcode is , 58 STATION ROAD: £280,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 61 HIGH STREET: £103,000 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £532,178 median price is £350,000 Standard Deviation is £406,712 with Total Sold: 15
    • The Last 5 Year average price is £521,669 with Total Sold: 9
    • The most recent sale happened at this postcode is , 6 GRIFFITHS CLOSE: £1,460,000 (Sold on 24 Jul 2023)
    • The first recorded sale happened at this postcode is , 79 - 81 HIGH STREET: £315,000 (Sold on 24 Oct 2014)
  • Flat
    • The average price is around £115,389 median price is £120,000 Standard Deviation is £60,266 with Total Sold: 9
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 3 MILLARS GREEN: £170,000 (Sold on 07 Jul 2021)
    • The first recorded sale happened at this postcode is , 5 MILLARS GREEN: £43,000 (Sold on 23 Jun 2000)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,0003
2023£285,500 £3,512 7
2022£270,545 £3,355 10
2021£284,904 £3,100 24
2020£238,304 £2,768 13
2019£212,700 £2,229 5
2018£221,946 £2,575 7
2017£235,636 £2,364 11
2016£213,500 £2,730 8
2015£187,333 £2,172 9
2014£192,100 £2,334 10
2013£155,250 £1,950 6
2012£183,800 £2,056 5
2011£233,333 £2,135 3
2010£183,000 £1,993 3
2009£162,000 £1,842 1
2008£233,500 £2,092 4
2007£293,000 £2,072 5
2006£172,749 £2,187 10
2005£161,717 £1,773 9
2004£168,890 £2,456 5
2003£150,667 £1,588 9
2002£107,786 £1,010 7
2001£108,392 £1,186 12
2000£111,971 £1,133 12
1999£76,515 £766 12
1998£127,846 £656 7
1997£63,188 £830 8
1996£64,181 £788 8
1995£65,306 £801 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£266,2502
2023£255,500 £2,870 2
2022£277,637 £3,121 19
2021£210,325 £2,963 6
2020£166,250 £2,051 6
2019£232,500 £1,987 2
2018£194,000 £2,395 2
2017£173,750 £2,111 2
2016£195,250 £2,007 4
2015£213,000 £2,279 3
2014£160,000 £2,305 4
2013£155,000 £2,111 2
2012£187,500 £1,664 2
2011£180,000 £2,196 2
2010£122,500 £2,111 2
2009£159,000 £1,963 1
2008£172,500 £1,125 2
2007£210,000 £1,963 3
2006£293,490 £1,781 5
2005£160,625 £1,927 4
2004£132,667 £1,379 3
2003£158,375 £1,617 4
2002£99,143 £1,371 7
2001£80,000 £908 3
2000£81,6673
1999£61,150 £1,014 5
1998£100,0001
1997£52,400 £718 5
1995£65,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,500 £1,562 4
2023£443,747 £3,216 6
2022£424,750 £3,938 8
2021£440,367 £3,090 15
2020£484,072 £2,921 20
2019£436,650 £2,932 10
2018£270,375 £2,485 4
2017£366,062 £3,000 8
2016£264,800 £2,884 5
2015£388,333 £2,567 3
2014£297,579 £2,597 8
2013£251,000 £2,228 5
2012£286,667 £1,905 3
2011£270,125 £2,341 4
2010£371,000 £2,982 4
2009£294,667 £2,109 3
2008£318,500 £1,974 4
2007£318,750 £2,170 6
2006£296,100 £2,168 10
2005£306,473 £2,234 15
2004£282,175 £1,998 8
2003£214,292 £1,580 6
2002£202,492 £1,259 6
2001£189,317 £1,186 12
2000£134,311 £1,157 9
1999£90,033 £995 9
1998£115,214 £1,257 7
1997£136,108 £1,218 12
1996£89,650 £847 10
1995£101,444 £877 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,460,000 £18,718 1
2022£238,125 £2,120 4
2021£639,172 £8,707 3
2020£365,0001
2018£988,827 £6,397 2
2017£500,0001
2015£145,0001
2014£332,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£170,000 £1,910 1
2018£175,000 £1,562 1
2009£120,0001
2007£215,0001
2005£89,5001
2004£135,0001
2002£54,0001
2001£37,0001
2000£43,000 £672 1

House Type in WV7 3LY area

The most common house types in the WV7 3LY postcode area are Detached (125), Semi-detached (32), and Terraced (13).

Total177
Detached125
Semi-detached32
Terraced13
temporary structure6
Shared house1
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (107), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright107
Owned: Owns with a mortgage or loan54
Private rented: Private landlord or letting agency13
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the WV7 3LY have 2 people in household (87), and 1 person in household (47).

2 people in household87
1 person in household47
4 people in household20
3 people in household18
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0