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House Prices in TF2

The average house price in TF2 (Telford) is £186,190 using HM Land Registry data.

The average property price increased by £70,195 (28.71%) over the last 5 years and increased by £14,033 (4.25%) over the last 12 months.

Over the last year, there were 379 residential property sales – a decrease of 168 transactions (-44.33%) relative to the previous year. The majority of house sales (108) were in the £176,000 - £222,000 range. Then came properties in the £130,000 - £176,000 range, where 88 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,093 (-2%).

In June 2024, there were 99 new estate agency instructions, 56 agreed home sales and 49 property price reductions.

5-Year Average Property Prices in TF2 (Telford)

28.71%

Property prices in Telford increased by 28.71% 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 TF2 (Telford) Over the Last Year

4.25%

Property prices in Telford increased by 4.25% 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 TF2 (Telford) - June 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 TF2 (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 TF2 (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 TF2 (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 TF2 (Telford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TF2 postcode area since 1995.

Recent Sales in TF2 (Telford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Sorrel Close, Donnington Wood, Telford, Wrekin, TF2 7RQ	£205,000	£200,000	-£5,000	07 Feb 2024	08 May 2024	91 Days
3 Cooper Close, Priorslee, Telford, Wrekin, TF2 9SE	£390,000	£386,000	-£4,000	15 Sep 2023	02 May 2024	230 Days
47 Hollyhurst Road, Wrockwardine Wood, Telford, Wrekin, TF2 6QP	£219,950	£215,000	-£4,950	06 Dec 2023	26 Apr 2024	142 Days
22 Gower Street, St Georges, Telford, Wrekin, TF2 9AF	£199,950	£190,000	-£9,950	08 Jan 2024	28 Mar 2024	80 Days
164 Trench Road, Trench, Telford, Wrekin, TF2 7DX	£175,000	£175,000	£00	19 Dec 2023	28 Mar 2024	100 Days
18 Priestland Terrace, Donnington, Telford, Wrekin, TF2 7JJ	£195,000	£195,000	£00	06 Dec 2023	28 Mar 2024	113 Days
15 Foundry Close, Oakengates, Telford, Wrekin, TF2 6NJ	£165,000	£160,000	-£5,000	16 Oct 2023	22 Mar 2024	158 Days
120 Coronation Drive, Donnington, Telford, Wrekin, TF2 8HZ	£195,000	£186,500	-£8,500	01 Nov 2023	15 Mar 2024	135 Days
11 Merrington Road, Muxton, Telford, Wrekin, TF2 8PY	£190,000	£185,000	-£5,000	19 Jan 2024	15 Mar 2024	56 Days
57 Freeston Avenue, St Georges, Telford, Wrekin, TF2 9EH	£175,000	£175,000	£00	06 Nov 2023	14 Mar 2024	129 Days
41 Hartshill Avenue, Oakengates, Telford, Wrekin, TF2 6AP	£194,500	£190,000	-£4,500	13 Dec 2023	01 Mar 2024	79 Days
32 Primmer Road, Donnington, Telford, Wrekin, TF2 8LA	£200,000	£200,000	£00	04 Nov 2022	29 Feb 2024	482 Days
Round View, Limekiln Bank, St Georges, Telford, Wrekin, TF2 9NU	£370,000	£360,000	-£10,000	29 Sep 2023	27 Feb 2024	151 Days
27 Campion Drive, Donnington Wood, Telford, Wrekin, TF2 7RH	£190,000	£187,500	-£2,500	21 Sep 2023	26 Feb 2024	158 Days
74 Park Road, Donnington, Telford, Wrekin, TF2 8BS	£120,000	£111,475	-£8,525	20 Sep 2023	23 Feb 2024	156 Days
6 The Cloisters, Telford, Wrekin, TF2 6HY	£220,000	£210,000	-£10,000	29 Aug 2023	22 Feb 2024	177 Days
94 Teagues Crescent, Trench, Telford, Wrekin, TF2 6RF	£230,000	£230,000	£00	28 Jun 2023	19 Feb 2024	236 Days
19 Hancocks Drive, Oakengates, Telford, Wrekin, TF2 6AD	£187,500	£187,500	£00	08 Nov 2023	16 Feb 2024	100 Days
61 New Street, St Georges, Telford, Wrekin, TF2 9AQ	£145,000	£145,000	£00	06 Nov 2023	26 Jan 2024	81 Days
6 Woodbine Drive, Muxton, Telford, Wrekin, TF2 8RS	£310,000	£300,000	-£10,000	13 Jul 2023	26 Jan 2024	197 Days

Most Expensive Streets in TF2 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF2 9SX	Woodhouse Lane, Priorslee	Telford	£715,000	3
TF2 8FB	Lubstree Park, Humber Lane	Telford	£524,998	3
TF2 8PD	Muxton Lane, Muxton	Telford	£492,750	4
TF2 9NW	Priorslee Village	Telford	£452,500	4
TF2 9RL	Brookvale Road, Priorslee	Telford	£406,408	4
TF2 9NQ	Eltham Drive, Priorslee	Telford	£395,833	3
TF2 9RJ	Highgrove Meadows, Priorslee	Telford	£385,750	4
TF2 7BJ	Moss Road, Wrockwardine Wood	Telford	£381,000	5
TF2 9GG	Hookacre Grove, Priorslee	Telford	£377,875	4
TF2 9RU	Powell Road, Priorslee	Telford	£377,200	5

Least Expensive Streets in TF2 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF2 7QW	Ash Lea Drive, Donnington	Telford	£71,200	5
TF2 7QT	Barn Close, Donnington	Telford	£84,000	5
TF2 7QP	Ash Lea Drive, Donnington	Telford	£86,000	3
TF2 9EQ	Freeston Avenue, St Georges	Telford	£87,666	3
TF2 0EA	Sheepwell Court, Ketley Bank	Telford	£93,000	5
TF2 7EX	Gordon Road, Trench	Telford	£97,737	4
TF2 0AW	Third Avenue, Ketley Bank	Telford	£101,000	3
TF2 7SB	Glebeland Court, Donnington	Telford	£102,500	3
TF2 9QQ	Snedshill Way, Snedshill	Telford	£103,333	3
TF2 8BS	Park Road, Donnington	Telford	£104,493	4