Newport (Shropshire) House Prices Newport (Shropshire) House Prices

The average house price in Newport (Shropshire) is £251,166 using HM Land Registry data.

The average property price increased by £57,232 (25.4%) over the last 5 years and increased by £11,438 (4.22%) over the last 12 months.

Over the last year, there were 145 residential property sales – a decrease of 110 transactions (-75.86%) relative to the previous year. The majority of house sales (35) were in the £194,000 - £258,000 range. Then came properties in the £130,000 - £194,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,397 (-1%).

In April 2024, there were 24 new estate agency instructions, 17 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in Newport (Shropshire)

25.4%

Property prices in Newport (Shropshire) increased by 25.4% 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 Newport (Shropshire) Over the Last Year

4.22%

Property prices in Newport (Shropshire) increased by 4.22% 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 Newport (Shropshire) - 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 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 Newport (Shropshire)

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 Newport (Shropshire)

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 Newport (Shropshire)

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 Newport (Shropshire) since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Newport (Shropshire) area since 1995.

Recent Property Sales in Newport (Shropshire)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
28 Pinewoods, Church Aston, Newport, Wrekin, TF10 9LN£325,000£310,000-£15,00005 May 202302 Feb 2024273 Days
32 Meadow View Road, Newport, Wrekin, TF10 7NW£240,000£235,000-£5,00031 Aug 202312 Jan 2024134 Days
10 Shrewsbury Way, Newport, Wrekin, TF10 7UW£192,500£192,500£0022 Sep 202308 Jan 2024108 Days
57 St Andrews Way, Church Aston, Newport, Wrekin, TF10 9JQ£275,000£192,000-£83,00013 Aug 202208 Jan 2024513 Days
2 Downfields, Newport, Wrekin, TF10 8QH£550,000£530,000-£20,00026 May 202312 Dec 2023200 Days
17 Avon Dale, Newport, Wrekin, TF10 7LS£285,000£285,000£0021 Sep 202308 Dec 202378 Days
35 Beaumaris Road, Newport, Wrekin, TF10 7BN£170,000£164,000-£6,00024 Aug 202301 Dec 202399 Days
2 Smallwood Court, Newport, Wrekin, TF10 7NH£335,000£327,500-£7,50008 Aug 202301 Dec 2023115 Days
11 Wrekin Avenue, Newport, Wrekin, TF10 7HQ£268,500£264,000-£4,50009 Aug 202330 Nov 2023113 Days
52 Norbroom Drive, Newport, Wrekin, TF10 7TD£285,000£285,000£0027 Apr 202320 Nov 2023207 Days
9 Pinewoods, Church Aston, Newport, Wrekin, TF10 9LN£425,000£410,000-£15,00028 Jun 202320 Nov 2023145 Days
43 Deer Park Drive, Newport, Wrekin, TF10 7HB£430,000£430,000£0004 Aug 202315 Nov 2023103 Days
85 Barnmeadow Road, Newport, Wrekin, TF10 7NS£300,000£290,000-£10,00016 Jun 202310 Nov 2023147 Days
115 Forton Road, Newport, Wrekin, TF10 8BU£595,000£525,000-£70,00002 Aug 202303 Nov 202393 Days
14 Chetwynd End, Newport, Wrekin, TF10 7JE£159,950£100,000-£59,95028 Feb 201101 Nov 20234629 Days
5 Kingfisher Close, Newport, Wrekin, TF10 8QD£420,000£405,000-£15,00023 Mar 202301 Nov 2023223 Days
72 Ford Road, Newport, Wrekin, TF10 7UN£185,000£185,000£0012 Apr 202327 Oct 2023198 Days
28 Laurel Drive, Newport, Wrekin, TF10 7LY£290,000£285,000-£5,00031 Mar 202327 Oct 2023210 Days
27 Pinewoods, Church Aston, Newport, Wrekin, TF10 9LN£330,000£310,000-£20,00005 Jun 202312 Oct 2023129 Days
11 Hartwood Close, Newport, Wrekin, TF10 7NZ£435,000£430,000-£5,00021 Jan 202306 Oct 2023258 Days

Most Expensive Streets in Newport (Shropshire)

PostcodeStreetAreaAverageNo. of Sales
TF10 8BUForton RoadNewport£581,9287
TF10 9JJChurch AstonNewport£476,6663
TF10 7HBDeer Park DriveNewport£467,6663
TF10 9FDBarnfield CloseChurch Aston£428,5717
TF10 8FBDevana DriveNewport£420,91117
TF10 7EAAvenue RoadNewport£410,0004
TF10 7YBStone BridgeNewport£399,00012
TF10 7GNGrove GardensNewport£396,8748
TF10 7NQBuckland WalkNewport£385,8333
TF10 7JPForton RoadNewport£385,3118

Least Expensive Streets in Newport (Shropshire)

PostcodeStreetAreaAverageNo. of Sales
TF10 7BPAudley House MewsNewport£83,3577
TF10 7QWSandiford CrescentNewport£86,61010
TF10 7DTAudley RoadNewport£110,8333
TF10 7EJUpper BarNewport£112,0004
TF10 7SGShuker CloseNewport£116,0663
TF10 7GAChancery CourtNewport£117,1119
TF10 7EBUnderhill CloseNewport£118,65911
TF10 7AYHigh StreetNewport£124,3333
TF10 8QFHeron WayNewport£132,1005
TF10 7PAWaterside MewsNewport£133,60016

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