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Tenbury Wells House Prices Tenbury Wells House Prices

The average house price in Tenbury Wells is £201,250 using HM Land Registry data.

The average property price increased by £53,512 (22.9%) over the last 5 years and increased by £10,695 (3.87%) over the last 12 months.

Over the last year, there were 38 residential property sales – a decrease of 22 transactions (-57.89%) relative to the previous year. The majority of house sales (12) were in the £210,000 - £280,000 range. Then came properties in the £140,000 - £210,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 16 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,500 (0%).

In April 2024, there were 4 new estate agency instructions, 1 agreed home sales and property price reductions.

Postcodes Covered: WR15

5-Year Average Property Prices in Tenbury Wells

22.9%

Property prices in Tenbury Wells increased by 22.9% 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 Tenbury Wells Over the Last Year

3.87%

Property prices in Tenbury Wells increased by 3.87% 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 Tenbury Wells - 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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 Tenbury Wells

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 Tenbury Wells

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 Tenbury Wells

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 Tenbury Wells since 1995

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

Recent Property Sales in Tenbury Wells

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
35 Mill Meadow, Tenbury Wells, Worcestershire, WR15 8HX£340,000£320,000-£20,00014 Jul 202326 Feb 2024227 Days
61 Berrington Road, Tenbury Wells, Worcestershire, WR15 8EL£550,000£550,000£0007 Nov 202304 Jan 202458 Days
18 Holly Road, Burford, Tenbury Wells, Shropshire, WR15 8NE£154,950£80,000-£74,95016 Mar 201520 Dec 20233201 Days
28 Bromyard Road, Tenbury Wells, Worcestershire, WR15 8DB£375,000£375,000£0003 Aug 202330 Nov 2023119 Days
Tegfan, Cornwall Gardens, Tenbury Wells, Worcestershire, WR15 8EU£400,000£390,000-£10,00014 Apr 202318 Oct 2023187 Days
14 Oak Tree Close, Burford, Tenbury Wells, Shropshire, WR15 8NQ£199,950£195,000-£4,95015 Jul 202301 Sep 202348 Days
14 Meadow Rise, Burford, Tenbury Wells, Shropshire, WR15 8DZ£220,000£211,000-£9,00015 Apr 202328 Jul 2023104 Days
Redgate, Bromyard Road, Tenbury Wells, Worcestershire, WR15 8BS£795,000£780,000-£15,00029 Aug 202211 Jan 2023135 Days
24 Forresters Road, Burford, Tenbury Wells, Shropshire, WR15 8AT£300,000£280,000-£20,00008 Jul 202225 Nov 2022140 Days
76 Kyreside, Tenbury Wells, Worcestershire, WR15 8BX£200,000£197,500-£2,50026 Apr 202210 Oct 2022167 Days
6 Dean Close, Burford, Tenbury Wells, Shropshire, WR15 8NG£300,000£287,500-£12,50006 Jan 202210 Jun 2022155 Days
20 Bromyard Road, Tenbury Wells, Worcestershire, WR15 8BZ£210,000£200,000-£10,00023 Nov 202106 Apr 2022134 Days
Little Redgate, Bromyard Road, Tenbury Wells, Worcestershire, WR15 8BS£450,000£410,000-£40,00015 Apr 202126 Oct 2021194 Days
9 Oakbridge Court, Tenbury Wells, Worcestershire, WR15 8DS£265,000£240,000-£25,00001 Jul 202015 Oct 2021471 Days
30 Godsons Close, Tenbury Wells, Worcestershire, WR15 8HY£160,000£153,000-£7,00006 Jan 202128 Jul 2021203 Days
38 Cralves Mead, Tenbury Wells, Hereford And Worcester, WR15 8EX£258,000£253,000-£5,00018 Apr 201906 Jul 2021810 Days
Tasarla, Oldwood Road, Tenbury Wells, Worcestershire, WR15 8TA£289,995£285,000-£4,99526 Feb 202120 Apr 202153 Days
28 Bromyard Road, Tenbury Wells, Worcestershire, WR15 8DB£325,000£325,000£0026 Dec 202009 Apr 2021104 Days
20 Swan Court, Burford, Tenbury Wells, Shropshire, WR15 8QF£175,000£172,500-£2,50020 Apr 201908 Apr 2021719 Days
6 College Gardens, Tenbury Wells, Worcestershire, WR15 8QZ£165,000£152,250-£12,75001 Nov 201911 Feb 2021468 Days

Most Expensive Streets in Tenbury Wells

PostcodeStreetAreaAverageNo. of Sales
WR15 8ENBerrington RoadTenbury Wells£434,3688
WR15 8DDTerrills LaneTenbury Wells£422,7504
WR15 8HDLineage CourtBurford£402,5003
WR15 8TNBlackthorn RoadTenbury Wells£349,1576
WR15 8TAOldwood RoadTenbury Wells£344,6663
WR15 8ESSt Marys CloseTenbury Wells£338,3333
WR15 8BPChurch StreetTenbury Wells£337,0005
WR15 8LBArchers WayBurford£335,0003
WR15 8AGBoraston DriveBurford£331,5836
WR15 8ELBerrington RoadTenbury Wells£329,6258

Least Expensive Streets in Tenbury Wells

PostcodeStreetAreaAverageNo. of Sales
WR15 8EZOrchard CourtTenbury Wells£137,14616
WR15 8EFCross StreetTenbury Wells£146,3754
WR15 8BTScotland PlaceTenbury Wells£147,6874
WR15 8QFSwan CourtBurford£159,1254
WR15 8PEIverley CourtBurford£167,2504
WR15 8NQOak Tree CloseBurford£167,8889
WR15 8DZMeadow RiseBurford£173,1663
WR15 8DTLong MeadowBurford£186,6663
WR15 8AYCastle CloseBurford£187,3333
WR15 8BGGreenhill CloseTenbury Wells£198,8068

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