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House Prices in WV15

The average house price in WV15 (Bridgnorth) is £250,000 using HM Land Registry data.

The average property price increased by £110,398 (13.58%) over the last 5 years and increased by £22,064 (2.24%) over the last 12 months.

Over the last year, there were 60 residential property sales – a decrease of 67 transactions (-111.67%) relative to the previous year. The majority of house sales (21) were in the £244,000 - £308,000 range. Then came properties in the £180,000 - £244,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,690 (-1%).

In April 2024, there were 16 new estate agency instructions, 11 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in WV15 (Bridgnorth)

13.58%

Property prices in Bridgnorth increased by 13.58% 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 WV15 (Bridgnorth) Over the Last Year

2.24%

Property prices in Bridgnorth increased by 2.24% 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.

Property Market Heat Gauge for WV15 (Bridgnorth) - April 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 WV15 (Bridgnorth)

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 WV15 (Bridgnorth)

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 WV15 (Bridgnorth)

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 WV15 (Bridgnorth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WV15 postcode area since 1995.

Recent Sales in WV15 (Bridgnorth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
27 Bernards Hill, Bridgnorth, Shropshire, WV15 5AS	£200,000	£198,000	-£2,000	13 Nov 2023	11 Mar 2024	119 Days
9 Hillside Avenue, Bridgnorth, Shropshire, WV15 6BS	£290,000	£278,000	-£12,000	12 Oct 2023	09 Feb 2024	120 Days
28 Cann Hall Drive, Bridgnorth, Shropshire, WV15 5BG	£259,995	£250,000	-£9,995	15 Sep 2023	01 Dec 2023	77 Days
10 Meadowbrook Close, Alveley, Bridgnorth, Shropshire, WV15 6PD	£270,000	£270,000	£00	20 Jun 2023	17 Nov 2023	150 Days
6 St Nicholas Crescent, Bridgnorth, Shropshire, WV15 5BN	£190,000	£186,000	-£4,000	08 Aug 2023	10 Nov 2023	94 Days
38 Well Meadow, Bridgnorth, Shropshire, WV15 6DE	£250,000	£220,000	-£30,000	10 Jul 2023	19 Oct 2023	101 Days
5 Wardle Close, Low Town, Bridgnorth, Shropshire, WV15 6AZ	£280,000	£275,000	-£5,000	16 Jun 2023	11 Oct 2023	117 Days
46 Hillside Avenue, Bridgnorth, Shropshire, WV15 6BT	£300,000	£293,500	-£6,500	18 May 2023	14 Sep 2023	119 Days
25 Goodwood Avenue, Bridgnorth, Shropshire, WV15 5BD	£425,000	£420,000	-£5,000	18 Apr 2023	08 Sep 2023	143 Days
25 Kidderminster Road, Bridgnorth, Shropshire, WV15 6BX	£450,000	£435,000	-£15,000	12 Sep 2022	08 Sep 2023	361 Days
3 Elmhurst, Bridgnorth, Shropshire, WV15 5DJ	£249,950	£243,000	-£6,950	04 Jan 2023	31 Aug 2023	239 Days
58 Hillside Avenue, Bridgnorth, Shropshire, WV15 6BU	£265,000	£260,000	-£5,000	06 Apr 2023	18 Aug 2023	134 Days
8 Springfield, Bridgnorth, Shropshire, WV15 6DN	£255,000	£242,350	-£12,650	15 Feb 2023	06 Jul 2023	141 Days
148 The Hobbins, Bridgnorth, Shropshire, WV15 5HH	£315,000	£315,000	£00	27 Jan 2023	06 Jul 2023	160 Days
60 Well Meadow, Bridgnorth, Shropshire, WV15 6DE	£254,950	£249,950	-£5,000	23 Feb 2023	23 Jun 2023	120 Days
4 Greenway Avenue, Alveley, Bridgnorth, Shropshire, WV15 6NY	£289,950	£285,000	-£4,950	09 Jan 2023	23 Jun 2023	165 Days
West Ridge, Chapel Lane, Quatford, Bridgnorth, Shropshire, WV15 6QH	£450,000	£425,000	-£25,000	12 Jul 2022	05 Jun 2023	328 Days
1 Hazel Grove, Alveley, Bridgnorth, Shropshire, WV15 6JW	£375,000	£367,500	-£7,500	26 Nov 2022	10 May 2023	165 Days
11 Wardle Close, Low Town, Bridgnorth, Shropshire, WV15 6AZ	£280,000	£273,500	-£6,500	29 Jan 2023	05 May 2023	96 Days
The Birches, Cooks Cross, Alveley, Bridgnorth, Shropshire, WV15 6LS	£495,000	£470,000	-£25,000	01 Jul 2022	28 Apr 2023	301 Days

Most Expensive Streets in WV15 (Bridgnorth)

Postcode	Street	Area	Average	No. of Sales
WV15 6EF	Ridgewell Hill, Wootton	Bridgnorth	£600,357	14
WV15 5PD	Hilton	Bridgnorth	£565,000	4
WV15 5NE	Apley Park Mews	Bridgnorth	£526,928	7
WV15 6EB	Wootton	Bridgnorth	£516,666	3
WV15 6QD	Danesford	Bridgnorth	£493,237	4
WV15 5JS	Rindleford	Bridgnorth	£477,333	3
WV15 5LS	Stableford	Bridgnorth	£449,125	8
WV15 6QJ	Quatford	Bridgnorth	£447,500	3
WV15 5HE	Roughton	Bridgnorth	£443,750	4
WV15 5NX	Chesterton	Bridgnorth	£421,312	4

Least Expensive Streets in WV15 (Bridgnorth)

Postcode	Street	Area	Average	No. of Sales
WV15 5AJ	St Johns Street	Bridgnorth	£119,316	3
WV15 6AR	Greyfriars House, Kings Court	Bridgnorth	£132,923	13
WV15 6LZ	Button Hall Close, Alveley	Bridgnorth	£142,000	3
WV15 6HG	Alveley	Bridgnorth	£150,333	3
WV15 5EU	Hospital Street	Bridgnorth	£161,500	5
WV15 5EF	Lodge Lane	Bridgnorth	£162,500	4
WV15 5BN	St Nicholas Crescent	Bridgnorth	£168,166	6
WV15 5BS	Grove Crescent	Bridgnorth	£169,333	3
WV15 6AG	Chequers Yard	Bridgnorth	£173,666	3
WV15 5AS	Bernards Hill	Bridgnorth	£174,076	13