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Shifnal House Prices Shifnal House Prices

The average house price in Shifnal is £295,875 using HM Land Registry data.

The average property price increased by £27,549 (10.74%) over the last 5 years and increased by £5,506 (1.98%) over the last 12 months.

Over the last year, there were 113 residential property sales – a decrease of 60 transactions (-53.10%) relative to the previous year. The majority of house sales (31) were in the £206,000 - £262,000 range. Then came properties in the £150,000 - £206,000 range, where 19 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 £-9,475 (-3%).

In April 2024, there were 23 new estate agency instructions, 16 agreed home sales and 7 property price reductions.

Postcodes Covered: TF11

5-Year Average Property Prices in Shifnal

10.74%

Property prices in Shifnal increased by 10.74% 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 Shifnal Over the Last Year

1.98%

Property prices in Shifnal increased by 1.98% 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 Shifnal - 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 Shifnal

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 Shifnal

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 Shifnal

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 Shifnal since 1995

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

Recent Property Sales in Shifnal

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49 Broadway, Shifnal, Shropshire, TF11 8BB£210,000£199,500-£10,50012 Sep 202326 Jan 2024136 Days
16 Aston Court Mews, Shifnal, Shropshire, TF11 8TP£309,950£300,000-£9,95018 Sep 202326 Jan 2024130 Days
28 Innage Road, Shifnal, Shropshire, TF11 8AA£224,950£215,000-£9,95024 Aug 202320 Dec 2023118 Days
10 Brookside Close, Shifnal, Shropshire, TF11 8HN£334,950£330,000-£4,95005 Jun 202315 Dec 2023193 Days
28 The Grove, Shifnal, Shropshire, TF11 9EH£149,950£145,000-£4,95014 Jul 202324 Nov 2023133 Days
26 Lodge Close, Shifnal, Shropshire, TF11 9PU£249,950£232,000-£17,95013 Jul 202320 Nov 2023130 Days
37 Admirals Way, Shifnal, Shropshire, TF11 8TS£189,950£175,000-£14,95028 Jul 202317 Nov 2023112 Days
15 Mead Way, Shifnal, Shropshire, TF11 9QB£550,000£510,000-£40,00029 Nov 202217 Nov 2023353 Days
1 Botfield Road, Shifnal, Shropshire, TF11 8ER£249,950£240,000-£9,95024 Jul 202317 Nov 2023116 Days
2 Rodney Close, Shifnal, Shropshire, TF11 8UE£195,000£195,000£0031 Jul 202315 Nov 2023107 Days
45 Greenfields, Shifnal, Shropshire, TF11 8DZ£220,000£210,000-£10,00007 Jul 202315 Nov 2023131 Days
24 The Grove, Shifnal, Shropshire, TF11 9EH£129,950£120,000-£9,95006 Sep 202303 Nov 202358 Days
17 Manor Close, Shifnal, Shropshire, TF11 9AJ£375,000£338,000-£37,00003 May 202301 Nov 2023182 Days
79 High Street, Shifnal, Shropshire, TF11 8BL£219,950£210,000-£9,95010 May 202330 Oct 2023173 Days
27 Grosvenor Gardens, Shifnal, Shropshire, TF11 8EB£269,950£266,000-£3,95029 Jun 202330 Oct 2023123 Days
Church View, Brooklands Avenue, Shifnal, Shropshire, TF11 9BJ£350,000£335,000-£15,00003 Mar 202313 Oct 2023224 Days
17 Cottage Drive, Shifnal, Shropshire, TF11 9HB£419,950£415,000-£4,95011 Apr 202306 Oct 2023178 Days
75 Broadway, Shifnal, Shropshire, TF11 8BB£154,950£150,000-£4,95015 Jun 202329 Sep 2023106 Days
14 Balfour Road, Shifnal, Shropshire, TF11 8TR£164,950£160,000-£4,95021 Mar 202329 Sep 2023192 Days
6 Rodney Close, Shifnal, Shropshire, TF11 8UE£230,000£220,000-£10,00022 Mar 202301 Sep 2023163 Days

Most Expensive Streets in Shifnal

PostcodeStreetAreaAverageNo. of Sales
TF11 9HDPark LaneShifnal£561,4005
TF11 8HRHaughton VillageShifnal£515,5003
TF11 9QFWadlow DriveShifnal£494,86311
TF11 8FJLarch GroveShifnal£446,6503
TF11 9ADChurch MeadowShifnal£396,0003
TF11 8FWBrass StreetShifnal£388,3003
TF11 8HGHaughton LaneShifnal£367,7374
TF11 8FYHodgson RoadShifnal£366,59026
TF11 9BNSilvermere ParkShifnal£366,2147
TF11 9BQDyas CloseShifnal£365,8333

Least Expensive Streets in Shifnal

PostcodeStreetAreaAverageNo. of Sales
TF11 8AHMercian CourtShifnal£81,9833
TF11 9BFYew Tree CourtShifnal£85,9874
TF11 9BDPark CourtShifnal£114,2787
TF11 8FEVictoria RoadShifnal£119,9166
TF11 8BDTanyard PlaceShifnal£123,74214
TF11 8DQPickwick CourtShifnal£131,0003
TF11 8SRDunstanville CourtShifnal£133,78315
TF11 8DBWeston CloseShifnal£144,9166
TF11 8BSNewport CrescentShifnal£161,6663
TF11 8BTDrayton RoadShifnal£168,9916

Explore Shifnal and Neighbouring Area House Prices

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