House Prices in TF9 House Prices in TF9 (Market Drayton)

The average house price in TF9 (Market Drayton) is £257,285 using HM Land Registry data.

The average property price increased by £101,963 (32.88%) over the last 5 years and increased by £20,384 (4.74%) over the last 12 months.

Over the last year, there were 240 residential property sales – a decrease of 155 transactions (-64.58%) relative to the previous year. The majority of house sales (69) were in the £150,000 - £222,000 range. Then came properties in the £222,000 - £294,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,917 (-3%).

In June 2024, there were 73 new estate agency instructions, 41 agreed home sales and 61 property price reductions.

5-Year Average Property Prices in TF9 (Market Drayton)

32.88%

Property prices in Market Drayton increased by 32.88% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TF9 (Market Drayton) Over the Last Year

4.74%

Property prices in Market Drayton increased by 4.74% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for TF9 (Market Drayton) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TF9 (Market Drayton)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TF9 (Market Drayton)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TF9 (Market Drayton)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TF9 (Market Drayton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TF9 postcode area since 1995.

Recent Sales in TF9 (Market Drayton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
18 Burntwood View, Loggerheads, Market Drayton, Staffordshire, TF9 4GZ£285,000£262,000-£23,00025 Oct 202314 May 2024202 Days
53 Sherwood Crescent, Market Drayton, Shropshire, TF9 1NL£225,000£215,000-£10,00026 Feb 202413 May 202477 Days
30 Sherwood Crescent, Market Drayton, Shropshire, TF9 1NJ£265,000£260,000-£5,00018 Jul 202310 May 2024297 Days
2 Dalelands West, Market Drayton, Shropshire, TF9 1DG£165,000£162,000-£3,00010 Nov 202326 Apr 2024168 Days
68 Riverside Drive, Tern Hill, Market Drayton, Shropshire, TF9 3QG£170,000£160,000-£10,00026 Jan 202426 Apr 202491 Days
2 Acorn Close, Loggerheads, Market Drayton, Staffordshire, TF9 4BZ£185,000£175,000-£10,00005 Dec 202326 Apr 2024143 Days
74 Prospect Road, Market Drayton, Shropshire, TF9 3BJ£285,000£230,000-£55,00030 Nov 202326 Apr 2024148 Days
6 St Michaels Way, Childs Ercall, Market Drayton, Shropshire, TF9 2DE£250,000£250,000£0029 Jan 202419 Apr 202481 Days
5 Cypress Close, Market Drayton, Shropshire, TF9 3HJ£194,950£185,000-£9,95019 Oct 202305 Apr 2024169 Days
Richmond House, Haywood Lane, Cheswardine, Market Drayton, Shropshire, TF9 2RP£529,995£498,500-£31,49508 Sep 202305 Apr 2024210 Days
11 Hampton Drive, Market Drayton, Shropshire, TF9 3RP£335,000£330,000-£5,00001 Mar 202428 Mar 202427 Days
21 Melrose Crescent, Market Drayton, Shropshire, TF9 1NB£265,000£260,000-£5,00005 Jan 202428 Mar 202483 Days
24 Hospital Lane, Market Drayton, Shropshire, TF9 3BT£179,950£173,500-£6,45020 Oct 202328 Mar 2024160 Days
26 Mucklestone Road, Loggerheads, Market Drayton, Staffordshire, TF9 4ES£300,000£300,000£0027 Nov 202326 Mar 2024120 Days
3 Tern Grove, Loggerheads, Market Drayton, Staffordshire, TF9 4DZ£330,000£320,000-£10,00005 Oct 202326 Mar 2024173 Days
54 Salisbury Hill View, Market Drayton, Shropshire, TF9 1DL£180,000£170,000-£10,00021 Aug 202313 Mar 2024205 Days
27 Waterside Drive, Market Drayton, Shropshire, TF9 1HU£220,000£198,000-£22,00019 Jun 202308 Mar 2024263 Days
9 Alder Close, Loggerheads, Market Drayton, Staffordshire, TF9 4HB£350,000£350,000£0028 Sep 202306 Mar 2024160 Days
24 Stuart Way, Market Drayton, Shropshire, TF9 3TT£320,000£314,000-£6,00005 Apr 202329 Feb 2024330 Days
45 Stuart Way, Market Drayton, Shropshire, TF9 3TT£225,000£221,000-£4,00005 Jun 202323 Feb 2024263 Days

Most Expensive Streets in TF9 (Market Drayton)

PostcodeStreetAreaAverageNo. of Sales
TF9 4DWWinningtonMarket Drayton£832,7464
TF9 2FFWhitley Fields, Eaton On TernMarket Drayton£721,4287
TF9 4PWPinewood Road, Ashley HeathMarket Drayton£705,0628
TF9 2JBColehurst Cottage, ColehurstMarket Drayton£640,0003
TF9 2NPPark Heath, CheswardineMarket Drayton£590,0003
TF9 3LJKenstone, HodnetMarket Drayton£579,1663
TF9 2DYWarrant Road, Stoke On TernMarket Drayton£551,6666
TF9 2LNWoodseavesMarket Drayton£550,5003
TF9 4QPChapel Lane, HookgateMarket Drayton£538,0007
TF9 3QYLongslowMarket Drayton£529,5005

Least Expensive Streets in TF9 (Market Drayton)

PostcodeStreetAreaAverageNo. of Sales
TF9 3BURodenhurst House, Frogmore RoadMarket Drayton£49,1663
TF9 1PBMercian CourtMarket Drayton£92,10818
TF9 3USBevan WayMarket Drayton£103,4983
TF9 1ARSalisbury RoadMarket Drayton£108,2506
TF9 3QQRiverside Drive, Tern HillMarket Drayton£120,6427
TF9 1QHHawthorn WayMarket Drayton£123,2005
TF9 3TYGoosefield CloseMarket Drayton£124,7506
TF9 4QSPine Court, LoggerheadsMarket Drayton£126,9005
TF9 1EFDrayton Mill CourtMarket Drayton£135,0004
TF9 3ARFrogmore RoadMarket Drayton£137,8005

Explore TF9 (Market Drayton) using map