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Wem House Prices

The average house price in Wem is £232,500 using HM Land Registry data.

The average property price increased by £40,354 (17.47%) over the last 5 years and increased by £8,067 (3.06%) over the last 12 months.

Over the last year, there were 70 residential property sales – a decrease of 22 transactions (-31.43%) relative to the previous year. The majority of house sales (15) were in the £240,000 - £290,000 range. Then came properties in the £190,000 - £240,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,748 (-3%).

In Apr 2026, there were 15 new estate agency instructions, 12 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in Wem

17.47%

Property prices in Wem increased by 17.47% 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

3.06%

Property prices in Wem increased by 3.06% 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 - Apr 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 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 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
23 Chapel Street, Shrewsbury, SY4 5ER	£295,000	£292,500	-£2,500	30 Sep 2025	13 Feb 2026	136 Days
3 Barnfield Avenue, Shrewsbury, SY4 5HT	£220,000	£220,000	£0	13 May 2025	11 Feb 2026	274 Days
57 Cordwell Park, Shrewsbury, SY4 5BE	£169,950	£160,000	-£9,950	14 Apr 2025	16 Jan 2026	277 Days
83 Cordwell Park, Wem, SY4 5BE	£160,000	£160,000	£0	19 Aug 2025	12 Jan 2026	146 Days
14 Blakes Meadow, Shrewsbury, SY4 5XN	£365,000	£365,000	£0	06 May 2025	05 Dec 2025	213 Days
123 High Street, Shrewsbury, SY4 5TT	£220,000	£190,000	-£30,000	15 May 2025	21 Nov 2025	190 Days
20 Barnfield Avenue, Shrewsbury, SY4 5HT	£290,000	£290,000	£0	16 May 2025	17 Nov 2025	185 Days
15 Pyms Road, Shrewsbury, SY4 5AT	£450,000	£445,000	-£5,000	03 Jun 2025	14 Nov 2025	164 Days
Wor-yam, Fir Tree Lane, Shrewsbury, SY4 5EU	£625,000	£595,000	-£30,000	14 Apr 2025	14 Nov 2025	214 Days
28 Blakes Meadow, Shrewsbury, SY4 5XN	£230,000	£230,000	£0	01 Jul 2025	07 Nov 2025	129 Days
59 Roden Grove, Shrewsbury, SY4 5HJ	£395,000	£385,000	-£10,000	20 Mar 2025	06 Nov 2025	231 Days
12 Isherwoods Way, Shrewsbury, SY4 5GD	£200,000	£200,000	£0	23 May 2025	31 Oct 2025	161 Days
21 Roden Grove, Shrewsbury, SY4 5HJ	£285,000	£270,000	-£15,000	23 Oct 2024	20 Oct 2025	362 Days
6 Lowe Hill Gardens, Shrewsbury, SY4 5TY	£285,000	£270,000	-£15,000	09 Jun 2025	10 Oct 2025	123 Days
16 Davies Drive, Shrewsbury, SY4 5YW	£285,000	£260,000	-£25,000	08 Apr 2025	10 Oct 2025	185 Days
61 Roden Grove, Shrewsbury, SY4 5HJ	£375,000	£375,000	£0	25 Jul 2025	29 Sep 2025	66 Days
31 Barnard Street, Shrewsbury, SY4 5EF	£190,000	£182,000	-£8,000	04 Mar 2025	26 Sep 2025	206 Days
41 Fismes Way, Shrewsbury, SY4 5YD	£385,000	£370,000	-£15,000	17 Mar 2025	25 Sep 2025	192 Days
45 Aston Road, Shrewsbury, SY4 5AZ	£240,000	£240,000	£0	02 Sep 2024	29 Aug 2025	361 Days
24 Lowe Hill Gardens, Shrewsbury, SY4 5TY	£220,000	£220,000	£0	21 May 2025	29 Aug 2025	100 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 5HR	Soulton Road	Wem	£369,500	5
SY4 5YD	Fismes Way	Shrewsbury	£354,688	9
SY4 5BJ	Station Road	Wem	£339,166	3
SY4 5SF	Oakley Meadow	Shrewsbury	£330,500	5
SY4 5NX	Fothergill Way	Shrewsbury	£320,457	13
SY4 5JD	Aston Road	Shrewsbury	£306,000	3
SY4 5YB	Creamore Corner	Shrewsbury	£304,333	3

Least Expensive Streets in Wem

Postcode	Street	Area	Average	No. of Sales
SY4 5EA	Market Street	Shrewsbury	£88,000	3
SY4 5DW	Holmlea	High Street, Shrewsbury	£89,333	3
SY4 5JS	Castle Court	Shrewsbury	£121,248	4
SY4 5YP	Butler Road	Shrewsbury	£132,248	4
SY4 5DF	Ranford Way	Wem	£140,625	4
SY4 5BB	Cordwell Park	Shrewsbury	£146,666	3
SY4 5BE	Cordwell Park	Wem	£150,000	4
SY4 5BU	Shrubbery Gardens	Wem	£154,333	3
SY4 5BQ	Station Road	Shrewsbury	£155,637	4
SY4 5DY	Orchard Way	Shrewsbury	£158,500	4