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Bridgnorth House Prices

The average house price in Bridgnorth is £261,250 using HM Land Registry data.

The average property price increased by £52,753 (22.85%) over the last 5 years and increased by £10,543 (3.86%) over the last 12 months.

Over the last year, there were 161 residential property sales – a decrease of 69 transactions (-42.86%) relative to the previous year. The majority of house sales (53) were in the £204,000 - £278,000 range. Then came properties in the £130,000 - £204,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,270 (-2%).

In April 2024, there were 40 new estate agency instructions, 17 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in Bridgnorth

22.85%

Property prices in Bridgnorth increased by 22.85% 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 Bridgnorth Over the Last Year

3.86%

Property prices in Bridgnorth increased by 3.86% 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 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 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 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 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 Bridgnorth since 1995

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

Recent Property Sales in Bridgnorth

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 Brook Hollow, Bridgnorth, Shropshire, WV16 4SG	£650,000	£630,000	-£20,000	26 Sep 2023	15 Mar 2024	171 Days
27 Bernards Hill, Bridgnorth, Shropshire, WV15 5AS	£200,000	£198,000	-£2,000	13 Nov 2023	11 Mar 2024	119 Days
32 West Castle Street, Bridgnorth, Shropshire, WV16 4AD	£299,950	£295,000	-£4,950	06 Dec 2023	08 Mar 2024	93 Days
47 Duchess Drive, Bridgnorth, Shropshire, WV16 4JB	£269,950	£260,000	-£9,950	15 Jun 2023	01 Mar 2024	260 Days
2 Morgan Springs, Oldbury, Bridgnorth, Shropshire, WV16 5JS	£875,000	£850,000	-£25,000	26 Apr 2023	27 Feb 2024	307 Days
9 The Hookfield, Bridgnorth, Shropshire, WV16 4HZ	£279,950	£266,000	-£13,950	26 Jul 2023	09 Feb 2024	198 Days
9 Hillside Avenue, Bridgnorth, Shropshire, WV15 6BS	£290,000	£278,000	-£12,000	12 Oct 2023	09 Feb 2024	120 Days
1 Greenfields Drive, Bridgnorth, Shropshire, WV16 4JJ	£435,000	£427,000	-£8,000	09 Oct 2023	02 Feb 2024	116 Days
14 Westgate Drive, Bridgnorth, Shropshire, WV16 4QF	£565,000	£555,000	-£10,000	24 Jul 2023	19 Jan 2024	179 Days
16 Woodberry Close, Bridgnorth, Shropshire, WV16 4PT	£220,000	£205,000	-£15,000	30 Jun 2023	20 Dec 2023	173 Days
37 Cricket Meadow, Bridgnorth, Shropshire, WV16 4LB	£299,950	£290,000	-£9,950	14 Jul 2023	04 Dec 2023	143 Days
108 Victoria Road, Bridgnorth, Shropshire, WV16 4LG	£325,000	£300,000	-£25,000	29 Jun 2023	01 Dec 2023	155 Days
28 Cann Hall Drive, Bridgnorth, Shropshire, WV15 5BG	£259,995	£250,000	-£9,995	15 Sep 2023	01 Dec 2023	77 Days
30 Railway Street, Bridgnorth, Shropshire, WV16 4AT	£295,000	£248,000	-£47,000	18 Jul 2023	30 Nov 2023	135 Days
31 Riverside, Bridgnorth, Shropshire, WV16 4BH	£270,000	£267,500	-£2,500	01 Jun 2023	28 Nov 2023	180 Days
22 Bramble Ridge, Bridgnorth, Shropshire, WV16 4SQ	£550,000	£545,000	-£5,000	25 Aug 2023	10 Nov 2023	77 Days
1 Ebenezer Row, Bridgnorth, Shropshire, WV16 4AU	£190,000	£190,000	£00	21 Jun 2023	10 Nov 2023	142 Days
6 St Nicholas Crescent, Bridgnorth, Shropshire, WV15 5BN	£190,000	£186,000	-£4,000	08 Aug 2023	10 Nov 2023	94 Days
26 Harley Way, Bridgnorth, Shropshire, WV16 5PA	£375,000	£375,000	£00	08 Jul 2023	27 Oct 2023	111 Days
43 Bramble Ridge, Bridgnorth, Shropshire, WV16 4SQ	£299,950	£295,000	-£4,950	13 Jun 2023	26 Oct 2023	135 Days

Most Expensive Streets in Bridgnorth

Postcode	Street	Area	Average	No. of Sales
WV16 5JS	Morgan Springs	Oldbury	£715,833	3
WV16 4HE	Love Lane	Bridgnorth	£598,333	3
WV16 5BL	Westgate	Bridgnorth	£565,000	4
WV16 4SG	Brook Hollow	Bridgnorth	£537,500	4
WV15 6QD	Danesford	Bridgnorth	£493,237	4
WV16 5AF	Ludlow Road	Bridgnorth	£476,250	4
WV16 4DW	St Marys Street	Bridgnorth	£461,250	4
WV16 5JQ	Wells Close	Bridgnorth	£461,000	4
WV16 5PA	Harley Way	Bridgnorth	£456,250	4
WV16 5JG	The Hawthorns	Bridgnorth	£454,987	4

Least Expensive Streets in Bridgnorth

Postcode	Street	Area	Average	No. of Sales
WV16 4SD	Hook Farm Road	Bridgnorth	£80,711	9
WV16 4RA	Hook Farm Road	Bridgnorth	£105,100	5
WV16 4DA	Kings Loade	Bridgnorth	£109,330	18
WV16 4BY	Underhill Street	Bridgnorth	£110,995	24
WV15 5AJ	St Johns Street	Bridgnorth	£119,316	3
WV15 6AR	Greyfriars House	Kings Court	£132,923	13
WV16 5BR	Talbot Court	Salop Street, Bridgnorth	£136,043	24
WV16 4HR	St Leonards View	Bridgnorth	£144,200	5
WV16 4PS	Haughton Close	Bridgnorth	£150,762	4
WV16 4AU	Ebenezer Row	Bridgnorth	£156,037	8