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Albrighton House Prices Albrighton House Prices

The average house price in Albrighton is £462,500 using HM Land Registry data.

The average property price increased by £65,935 (24.88%) over the last 5 years and increased by £13,178 (4.15%) over the last 12 months.

Over the last year, there were 40 residential property sales – a decrease of 34 transactions (-85.00%) relative to the previous year. The majority of house sales (10) were in the £270,000 - £330,000 range. Then came properties in the £210,000 - £270,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 109 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,388 (-3%).

In April 2024, there were 21 new estate agency instructions, 8 agreed home sales and 12 property price reductions.

Postcodes Covered: TF11, WV7

5-Year Average Property Prices in Albrighton

24.88%

Property prices in Albrighton increased by 24.88% 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 Albrighton Over the Last Year

4.15%

Property prices in Albrighton increased by 4.15% 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 Albrighton - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Albrighton

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 Albrighton

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 Albrighton

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 Albrighton since 1995

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

Recent Property Sales in Albrighton

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Barclay Close, Albrighton, Wolverhampton, Shropshire, WV7 3PX£369,950£360,000-£9,95007 Jun 202315 Feb 2024253 Days
7 Windsor Road, Albrighton, Wolverhampton, Shropshire, WV7 3PY£420,000£412,500-£7,50006 Jul 202314 Dec 2023161 Days
32 Bowling Green Lane, Albrighton, Wolverhampton, Shropshire, WV7 3HL£315,000£310,000-£5,00017 Jun 202208 Dec 2023539 Days
18 Lyncroft, Albrighton, Wolverhampton, Shropshire, WV7 3QJ£260,000£260,000£0031 Mar 202324 Nov 2023238 Days
10 Church Road, Albrighton, Wolverhampton, Shropshire, WV7 3LB£335,000£320,000-£15,00008 Sep 202310 Nov 202363 Days
7 Bredon Close, Albrighton, Wolverhampton, Shropshire, WV7 3PQ£332,500£327,000-£5,50001 Jun 202323 Oct 2023144 Days
8 Mayfair Close, Albrighton, Wolverhampton, Shropshire, WV7 3PW£365,000£352,500-£12,50031 Mar 202306 Oct 2023189 Days
2 Shaw Lane, Albrighton, Wolverhampton, Shropshire, WV7 3DS£219,950£215,000-£4,95026 Jan 202301 Sep 2023218 Days
22 Fair Lawn, Albrighton, Wolverhampton, Shropshire, WV7 3QF£250,000£241,000-£9,00024 Apr 202330 Aug 2023128 Days
28 Shaw Lane, Albrighton, Wolverhampton, Shropshire, WV7 3DY£325,000£315,000-£10,00017 Apr 202329 Aug 2023134 Days
14 Redford Drive, Albrighton, Wolverhampton, Shropshire, WV7 3DE£349,000£349,000£0001 Feb 202318 Aug 2023198 Days
21 Ash Grove, Albrighton, Wolverhampton, Shropshire, WV7 3QU£188,000£184,500-£3,50001 Dec 202204 Aug 2023246 Days
36 Grange Park, Albrighton, Wolverhampton, Shropshire, WV7 3EN£245,000£240,000-£5,00011 Apr 202323 Jun 202373 Days
4 Fair Lawn, Albrighton, Wolverhampton, Shropshire, WV7 3QF£312,500£310,000-£2,50023 Jan 202323 Jun 2023151 Days
11 Brindley Close, Albrighton, Wolverhampton, Shropshire, WV7 3PP£260,000£245,000-£15,00023 Jan 202308 Jun 2023136 Days
14 Fair Lawn, Albrighton, Wolverhampton, Shropshire, WV7 3QF£299,950£296,000-£3,95005 Apr 202308 Jun 202364 Days
1 Delaware Avenue, Albrighton, Wolverhampton, Shropshire, WV7 3BW£365,000£360,000-£5,00028 Oct 202226 May 2023210 Days
112 Cross Road, Albrighton, Wolverhampton, Shropshire, WV7 3QP£389,950£378,000-£11,95014 Oct 202226 May 2023224 Days
Flat 19, Saxon Park, High Street, Albrighton, Wolverhampton, Shropshire, WV7 3LZ£59,000£52,000-£7,00018 May 202323 May 20235 Days
11 Beechurst Gardens, Albrighton, Wolverhampton, Shropshire, WV7 3LT£152,000£152,000£0027 Feb 202310 May 202372 Days

Most Expensive Streets in Albrighton

PostcodeStreetAreaAverageNo. of Sales
WV7 3FEWarwick ParkAlbrighton£622,6374
WV7 3RACross RoadAlbrighton£490,0003
WV7 3HNBowling Green LaneAlbrighton£413,3333
WV7 3EGSt Marys CloseAlbrighton£412,6663
WV7 3JPAnvil CloseAlbrighton£372,87727
WV7 3REThe OrchardAlbrighton£366,6663
WV7 3DTShaw LaneAlbrighton£365,5003
WV7 3DSShaw LaneAlbrighton£359,9449
WV7 3PYWindsor RoadAlbrighton£325,5003
WV7 3PWMayfair CloseAlbrighton£323,5004

Least Expensive Streets in Albrighton

PostcodeStreetAreaAverageNo. of Sales
WV7 3LZSaxon ParkHigh Street, Albrighton£71,5007
WV7 3QUAsh GroveAlbrighton£139,3005
WV7 3DXMeeson CloseAlbrighton£155,0003
WV7 3LTBeechurst GardensAlbrighton£160,8336
WV7 3JZAbney AvenueAlbrighton£161,5003
WV7 3LPBishton RoadAlbrighton£166,0003
WV7 3HWSt Cuthberts CrescentAlbrighton£193,3336
WV7 3LSPitchford RoadAlbrighton£198,7504
WV7 3LQCharles AvenueAlbrighton£200,8333
WV7 3QJLyncroftAlbrighton£210,5004

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