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Telford House Prices Telford House Prices

The average house price in Telford is £223,223 using HM Land Registry data.

The average property price increased by £66,772 (37.2%) over the last 5 years and increased by £13,345 (5.73%) over the last 12 months.

Over the last year, there were 1,432 residential property sales – a decrease of 696 transactions (-48.60%) relative to the previous year. The majority of house sales (399) were in the £160,000 - £210,000 range. Then came properties in the £210,000 - £260,000 range, where 249 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 £-5,652 (-2%).

In April 2024, there were 360 new estate agency instructions, 188 agreed home sales and 166 property price reductions.

Neighbouring Areas: Broseley

Postcodes Covered: TF1, TF12, TF2, TF3, TF4, TF5, TF6, TF7, TF8

5-Year Average Property Prices in Telford

37.2%

Property prices in Telford increased by 37.2% 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 Telford Over the Last Year

5.73%

Property prices in Telford increased by 5.73% 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 Telford - 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 Telford

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 Telford

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 Telford

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 Telford since 1995

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

Recent Property Sales in Telford

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
120 Coronation Drive, Donnington, Telford, Wrekin, TF2 8HZ£195,000£186,500-£8,50001 Nov 202315 Mar 2024135 Days
20 Malvern Crescent, Little Dawley, Telford, Wrekin, TF4 3HE£225,000£215,000-£10,00008 Sep 202312 Mar 2024186 Days
31 Tweedale Wharf, Madeley, Telford, Wrekin, TF7 4EW£220,000£215,000-£5,00018 Oct 202305 Mar 2024139 Days
55 Trinity Road, Dawley, Telford, Wrekin, TF4 3EN£108,500£91,000-£17,50016 Jan 202404 Mar 202448 Days
29 Anson Drive, Leegomery, Telford, Wrekin, TF1 6XW£160,000£155,000-£5,00030 Oct 202301 Mar 2024123 Days
51 Haygate Drive, Wellington, Telford, Wrekin, TF1 2BZ£250,000£220,000-£30,00027 Nov 202301 Mar 202495 Days
17 Hartley Close, The Rock, Telford, Wrekin, TF3 5EL£319,995£295,000-£24,99522 Jun 202301 Mar 2024253 Days
31 Pageant Drive, Telford, Wrekin, TF4 3RQ£95,000£95,000£0027 Sep 202328 Feb 2024154 Days
Round View, Limekiln Bank, St Georges, Telford, Wrekin, TF2 9NU£370,000£360,000-£10,00029 Sep 202327 Feb 2024151 Days
44 Wrekin Road, Wellington, Telford, Wrekin, TF1 1RH£180,000£180,000£0016 Oct 202323 Feb 2024130 Days
74 Park Road, Donnington, Telford, Wrekin, TF2 8BS£120,000£111,475-£8,52520 Sep 202323 Feb 2024156 Days
6 The Cloisters, Telford, Wrekin, TF2 6HY£220,000£210,000-£10,00029 Aug 202322 Feb 2024177 Days
94 Teagues Crescent, Trench, Telford, Wrekin, TF2 6RF£230,000£230,000£0028 Jun 202319 Feb 2024236 Days
17 St Chads Close, Wellington, Telford, Wrekin, TF1 3EP£225,000£215,000-£10,00008 Sep 202316 Feb 2024161 Days
19 Hancocks Drive, Oakengates, Telford, Wrekin, TF2 6AD£187,500£187,500£0008 Nov 202316 Feb 2024100 Days
4 Carnoustie Drive, Sutton Hill, Telford, Wrekin, TF7 4BQ£315,000£310,000-£5,00007 Oct 202316 Feb 2024132 Days
28 Bridle Road, Madeley, Telford, Wrekin, TF7 5HD£350,000£335,000-£15,00031 May 202314 Feb 2024259 Days
65 Parklands, Wellington, Telford, Wrekin, TF1 3EG£200,000£195,000-£5,00009 Oct 202312 Feb 2024126 Days
141 Briarwood, Telford, Wrekin, TF3 1TY£165,000£165,000£0005 Oct 202312 Feb 2024130 Days
107 Catherton, Stirchley, Telford, Wrekin, TF3 1YX£150,000£144,000-£6,00007 Nov 202309 Feb 202494 Days

Most Expensive Streets in Telford

PostcodeStreetAreaAverageNo. of Sales
TF2 9SXWoodhouse LanePriorslee£715,0003
TF5 0BTBratton RoadBratton£659,2229
TF5 0DQJockey MeadowBratton£615,66714
TF1 2DPHolyhead RoadWellington£575,2857
TF4 3QXLeasowe GreenLightmoor£530,0003
TF5 0DDAldermead CloseAdmaston£511,6663
TF5 0DEDonnerville GardensAdmaston£509,1666
TF1 2EAHolyhead RoadWellington£507,8005
TF2 8PDMuxton LaneMuxton£492,7504
TF7 5SXGlendinning WayMadeley£490,0003

Least Expensive Streets in Telford

PostcodeStreetAreaAverageNo. of Sales
TF1 1RECaradoc FlatsKingshaye Road£46,3333
TF3 1NHBeaconsfieldTelford£50,5003
TF3 1LWBurfordTelford£52,3333
TF3 1NGBeaconsfieldBrookside£53,8333
TF3 1NEBembridgeTelford£58,3754
TF3 2HTWithywood DriveTelford£66,48010
TF1 3PFClaremont MewsWellington£67,6663
TF3 2HPFarm Lodge GroveTelford£68,3333
TF3 1TRBriarwoodTelford£70,6663
TF2 7QWAsh Lea DriveDonnington£71,2005

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