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House Prices in TF12

The average house price in TF12 (Broseley) is £0 using HM Land Registry data.

The average property price increased by £63,004 (13.31%) over the last 5 years and increased by £12,624 (2.2%) over the last 12 months.

Over the last year, there were 41 residential property sales – a decrease of 27 transactions (-65.85%) relative to the previous year. The majority of house sales (9) were in the £150,000 - £204,000 range. Then came properties in the £204,000 - £258,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,989 (-2%).

In Oct 24, there were 7 new estate agency instructions, 11 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in TF12 (Broseley)

13.31%

Property prices in Broseley increased by 13.31% 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 TF12 (Broseley) Over the Last Year

2.2%

Property prices in Broseley increased by 2.2% 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 TF12 (Broseley) - Oct 24

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 TF12 (Broseley)

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 TF12 (Broseley)

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 TF12 (Broseley)

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 TF12 (Broseley) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TF12 postcode area since 1995.

Recent Sales in TF12 (Broseley)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
38 Cockshutt Lane, Broseley, Shropshire, TF12 5NT	£300,000	£290,000	-£10,000	09 May 2024	16 Aug 2024	99 Days
14 Forester Road, Broseley, Shropshire, TF12 5BS	£290,000	£285,000	-£5,000	27 Feb 2024	24 Jun 2024	118 Days
55 Forester Road, Broseley, Shropshire, TF12 5BS	£250,000	£250,000	£00	10 Dec 2023	24 May 2024	166 Days
9 Speeds Lane, Broseley, Shropshire, TF12 5RQ	£195,000	£183,750	-£11,250	15 Jan 2024	15 May 2024	121 Days
13 Riddings Close, Broseley, Shropshire, TF12 5SE	£199,950	£190,000	-£9,950	07 Dec 2023	08 May 2024	153 Days
Laverocks, Maypole Road, Broseley Wood, Broseley, Shropshire, TF12 5QJ	£390,000	£370,000	-£20,000	09 Jun 2023	01 May 2024	327 Days
50 Coalport Road, Broseley, Shropshire, TF12 5BA	£225,000	£205,000	-£20,000	24 Oct 2023	11 Apr 2024	170 Days
Severn View, The Mines, Benthall, Broseley, Shropshire, TF12 5QY	£490,000	£460,000	-£30,000	06 Feb 2024	05 Apr 2024	59 Days
13 Wilkinson Avenue, Broseley, Shropshire, TF12 5DX	£149,950	£145,000	-£4,950	22 Sep 2023	05 Apr 2024	196 Days
51 Forester Road, Broseley, Shropshire, TF12 5BS	£281,950	£275,000	-£6,950	07 Nov 2023	09 Feb 2024	94 Days
23 Coneybury View, Broseley, Shropshire, TF12 5AX	£249,950	£248,875	-£1,075	03 Jul 2023	08 Jan 2024	189 Days
18 Brandywell Road, Broseley, Shropshire, TF12 5ST	£190,000	£187,000	-£3,000	26 Aug 2023	08 Dec 2023	104 Days
27 Guest Road, Broseley, Shropshire, TF12 5SA	£199,950	£185,000	-£14,950	02 Oct 2023	01 Dec 2023	60 Days
Stephen Croft, Smithy Bank, Broseley, Shropshire, TF12 5ER	£365,000	£350,000	-£15,000	13 Jun 2023	17 Nov 2023	157 Days
Thorn Hey, Benthall Lane, Benthall, Broseley, Shropshire, TF12 5RR	£425,000	£425,000	£00	03 May 2023	14 Nov 2023	195 Days
39 Cockshutt Lane, Broseley, Shropshire, TF12 5NU	£225,000	£217,500	-£7,500	11 Aug 2023	01 Nov 2023	82 Days
31 Edinburgh Road, Broseley, Shropshire, TF12 5PF	£209,950	£209,950	£00	26 Jun 2023	19 Oct 2023	115 Days
40 Ironbridge Road, Broseley, Shropshire, TF12 5AJ	£349,950	£345,000	-£4,950	09 Aug 2023	11 Oct 2023	63 Days
Overdale, The Mines, Benthall, Broseley, Shropshire, TF12 5QY	£335,000	£300,000	-£35,000	26 May 2023	22 Sep 2023	119 Days
15 Wilkinson Avenue, Broseley, Shropshire, TF12 5DX	£155,000	£150,000	-£5,000	02 May 2023	07 Sep 2023	128 Days

Most Expensive Streets in TF12 (Broseley)

Postcode	Street	Area	Average	No. of Sales
TF12 5DA	Church Street	Broseley	£446,000	4
TF12 5AJ	Ironbridge Road	Broseley	£383,064	7
TF12 5PU	Woodlands Road, Broseley Wood	Broseley	£372,875	8
TF12 5NJ	Barratts Hill	Broseley	£362,307	7
TF12 5QY	The Mines, Benthall	Broseley	£314,158	6
TF12 5PN	King Street, Broseley Wood	Broseley	£310,980	5
TF12 5SP	Caughley Close	Broseley	£301,650	3
TF12 5FE	Amies Meadow	Broseley	£297,437	8
TF12 5QU	The Waggonway	Broseley	£289,312	8
TF12 5LG	Haycop Rise	Broseley	£289,000	5

Least Expensive Streets in TF12 (Broseley)

Postcode	Street	Area	Average	No. of Sales
TF12 5NB	Queen Street	Broseley	£149,225	4
TF12 5AA	Roselea Close	Broseley	£149,880	5
TF12 5DT	Bridgnorth Road	Broseley	£153,650	3
TF12 5EL	The Instones Building, Bridgnorth Road	Broseley	£156,650	3
TF12 5PG	Windsor Crescent	Broseley	£157,316	3
TF12 5HX	Park View	Broseley	£161,666	3
TF12 5LN	Birch Meadow	Broseley	£167,316	3
TF12 5DQ	Bright Grove	Broseley	£170,650	3
TF12 5ST	Brandywell Road	Broseley	£180,200	10
TF12 5NZ	Underwood	Broseley	£186,000	3