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Wem House Prices

The average house price in Wem is £202,560 using HM Land Registry data.

The average property price increased by £41,476 (18.54%) over the last 5 years and increased by £8,291 (3.23%) over the last 12 months.

Over the last year, there were 93 residential property sales – an increase of 11 transactions (11.83%) relative to the previous year. The majority of house sales (26) were in the £180,000 - £230,000 range. Then came properties in the £230,000 - £280,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,893 (-3%).

In Aug 2026, there were 15 new estate agency instructions, 10 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in Wem

18.54%

Property prices in Wem increased by 18.54% 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 Wem Over the Last Year

3.23%

Property prices in Wem increased by 3.23% 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 Wem - Aug 2026

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Wem

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 Wem

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 Wem

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 Wem since 1995

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

Recent Property Sales in Wem

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
13 Dickins Meadow, Shrewsbury, SY4 5FD	£195,000	£190,000	-£5,000	27 Jan 2026	27 Jul 2026	181 Days
6 Barnfield Avenue, Shrewsbury, SY4 5HT	£215,000	£215,000	£0	22 Aug 2025	14 Jul 2026	326 Days
27 Oakley Meadow, Shrewsbury, SY4 5SF	£325,000	£318,667	-£6,333	11 Feb 2026	14 Jul 2026	153 Days
19 Barnard Street, Shrewsbury, SY4 5EF	£190,000	£187,000	-£3,000	28 Feb 2026	10 Jul 2026	132 Days
2 Malthouse Cottages, Station Road, Shrewsbury, SY4 5EW	£157,500	£155,000	-£2,500	05 Mar 2026	10 Jul 2026	127 Days
7 Pantulf Road, Shrewsbury, SY4 5LT	£365,000	£363,000	-£2,000	23 Jan 2026	25 Jun 2026	153 Days
4 Drawwell Lane, Shrewsbury, SY4 5ET	£220,000	£205,000	-£15,000	02 Oct 2025	24 Jun 2026	265 Days
69 Roden Grove, Shrewsbury, SY4 5HJ	£250,000	£240,000	-£10,000	02 Mar 2026	19 Jun 2026	109 Days
6 Tannery Court, Shrewsbury, SY4 5YZ	£160,000	£140,000	-£20,000	09 Oct 2025	19 Jun 2026	253 Days
36 Tilley Road, Shrewsbury, SY4 5HD	£220,000	£185,000	-£35,000	05 Sep 2025	29 May 2026	266 Days
Braemar, Soulton Road, Shrewsbury, SY4 5HR	£240,000	£220,000	-£20,000	04 Oct 2025	28 May 2026	236 Days
61 Somerset Way, Wem, SY4 5TW	£225,000	£215,000	-£10,000	04 Sep 2025	14 May 2026	252 Days
9 Barnfield Avenue, Wem, SY4 5HT	£295,000	£290,000	-£5,000	04 Feb 2026	11 May 2026	96 Days
3 Soulton Crescent, Shrewsbury, SY4 5HY	£235,000	£220,000	-£15,000	30 Apr 2025	27 Apr 2026	362 Days
25 Lowe Hill Road, Shrewsbury, SY4 5UA	£310,000	£310,000	£0	23 Sep 2025	24 Apr 2026	213 Days
56 Station Road, Shrewsbury, SY4 5BL	£225,000	£215,000	-£10,000	25 Jul 2025	17 Apr 2026	266 Days
49 Harris Croft, Shrewsbury, SY4 5DU	£199,000	£197,000	-£2,000	17 Jul 2025	02 Apr 2026	259 Days
24 Sungrove, Shrewsbury, SY4 5HH	£325,000	£310,000	-£15,000	25 Apr 2025	31 Mar 2026	340 Days
14 Sungrove, Shrewsbury, SY4 5HH	£300,000	£300,000	£0	04 Jun 2025	27 Mar 2026	296 Days
117 High Street, Shrewsbury, SY4 5DS	£310,000	£295,000	-£15,000	23 Sep 2025	26 Mar 2026	184 Days

Most Expensive Streets in Wem

Postcode	Street	Area	Average	No. of Sales
SY4 5BW	Summerfield Road	Shrewsbury	£436,333	3
SY4 5NZ	Swain Close	Shrewsbury	£416,248	4
SY4 5EU	Fir Tree Lane	Shrewsbury	£376,000	5
SY4 5YD	Fismes Way	Shrewsbury	£354,688	9
SY4 5SF	Oakley Meadow	Shrewsbury	£340,916	4
SY4 5BJ	Station Road	Wem	£339,166	3
SY4 5HR	Soulton Road	Wem	£333,214	7
SY4 5NX	Fothergill Way	Wem	£315,500	12
SY4 5JP	Hazlitt Place	Wem	£312,666	3
SY4 5AR	Bowens Field	Wem	£311,071	7

Least Expensive Streets in Wem

Postcode	Street	Area	Average	No. of Sales
SY4 5EA	Market Street	Shrewsbury	£108,500	4
SY4 5JS	Castle Court	Wem	£125,623	4
SY4 5YP	Butler Road	Shrewsbury	£137,248	4
SY4 5DT	Noble Street	Wem	£143,375	8
SY4 5EW	Malthouse Cottages	Station Road	£146,500	3
SY4 5BB	Cordwell Park	Shrewsbury	£146,666	3
SY4 5BE	Cordwell Park	Wem	£150,000	4
SY4 5DF	Ranford Way	Wem	£151,500	5
SY4 5TW	Somerset Way	Wem	£153,100	5
SY4 5BU	Shrubbery Gardens	Wem	£154,333	3