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House Prices in TF4

The average house price in TF4 (Telford) is £167,214 using HM Land Registry data.

The average property price increased by £56,386 (31.33%) over the last 5 years and increased by £11,272 (4.56%) over the last 12 months.

Over the last year, there were 252 residential property sales – a decrease of 175 transactions (-69.44%) relative to the previous year. The majority of house sales (67) were in the £158,000 - £206,000 range. Then came properties in the £206,000 - £254,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,741 (-3%).

In June 2024, there were 53 new estate agency instructions, 43 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in TF4 (Telford)

31.33%

Property prices in Telford increased by 31.33% 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 TF4 (Telford) Over the Last Year

4.56%

Property prices in Telford increased by 4.56% 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 TF4 (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 TF4 (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 TF4 (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 TF4 (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 TF4 (Telford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TF4 postcode area since 1995.

Recent Sales in TF4 (Telford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
121 Webb Crescent, Telford, Wrekin, TF4 3DX	£125,000	£120,000	-£5,000	12 Aug 2023	12 Apr 2024	244 Days
25 Viscount Avenue, Telford, Wrekin, TF4 3SW	£250,000	£235,000	-£15,000	24 Jul 2023	05 Apr 2024	256 Days
82 Gittens Drive, Telford, Wrekin, TF4 3SF	£280,000	£275,000	-£5,000	24 Aug 2023	28 Mar 2024	217 Days
67 Majestic Way, Telford, Wrekin, TF4 3RE	£180,000	£180,000	£00	23 Aug 2023	25 Mar 2024	215 Days
20 Malvern Crescent, Little Dawley, Telford, Wrekin, TF4 3HE	£225,000	£215,000	-£10,000	08 Sep 2023	12 Mar 2024	186 Days
55 Trinity Road, Dawley, Telford, Wrekin, TF4 3EN	£108,500	£91,000	-£17,500	16 Jan 2024	04 Mar 2024	48 Days
31 Pageant Drive, Telford, Wrekin, TF4 3RQ	£95,000	£95,000	£00	27 Sep 2023	28 Feb 2024	154 Days
6 Bartlett Road, Dawley, Telford, Wrekin, TF4 3LT	£210,000	£203,000	-£7,000	27 Oct 2023	23 Feb 2024	119 Days
15 Station Road, Dawley, Telford, Wrekin, TF4 2NL	£200,000	£200,000	£00	21 Aug 2023	02 Feb 2024	165 Days
63 Majestic Way, Telford, Wrekin, TF4 3RE	£210,000	£210,000	£00	27 Nov 2023	26 Jan 2024	60 Days
47 Portley Road, Dawley, Telford, Wrekin, TF4 3JN	£165,000	£160,000	-£5,000	26 Sep 2023	26 Jan 2024	122 Days
15 Deepfield Road, Dawley, Telford, Wrekin, TF4 3EH	£130,000	£127,500	-£2,500	20 Sep 2023	19 Jan 2024	121 Days
18 Chesterfield Road, Dawley, Telford, Wrekin, TF4 2DJ	£180,000	£175,000	-£5,000	24 Jul 2023	17 Jan 2024	177 Days
60 Princes End, Dawley Bank, Telford, Wrekin, TF4 2JP	£165,000	£145,000	-£20,000	12 Oct 2023	05 Jan 2024	85 Days
3 Stirchley Lane, Telford, Wrekin, TF4 3SZ	£355,000	£347,500	-£7,500	04 Aug 2023	18 Dec 2023	136 Days
18 Grange Farm Rise, Dawley Bank, Telford, Wrekin, TF4 2EZ	£200,000	£200,000	£00	14 Sep 2023	15 Dec 2023	92 Days
25 Parish Close, Dawley, Telford, Wrekin, TF4 3ES	£110,000	£110,000	£00	06 Aug 2023	11 Dec 2023	127 Days
107 Chiltern Gardens, Dawley, Telford, Wrekin, TF4 2QJ	£140,000	£140,000	£00	25 Sep 2023	08 Dec 2023	74 Days
2 Great Western Drive, Horsehay, Telford, Wrekin, TF4 3UG	£240,000	£240,000	£00	04 Jul 2023	28 Nov 2023	147 Days
18 Shutfield Road, Telford, Wrekin, TF4 3RS	£195,000	£190,000	-£5,000	22 Nov 2022	28 Nov 2023	371 Days

Most Expensive Streets in TF4 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF4 3QX	Leasowe Green, Lightmoor	Telford	£530,000	3
TF4 3BD	St Lukes Road, Doseley	Telford	£466,250	4
TF4 3AS	Pool Hill Road, Dawley	Telford	£423,037	4
TF4 2NE	Farm Lane, Horsehay	Telford	£408,000	5
TF4 3GS	Jackson Drive, Doseley	Telford	£391,089	42
TF4 3BE	St Lukes Road, Doseley	Telford	£364,375	4
TF4 2SQ	William Ball Drive, Horsehay	Telford	£358,750	8
TF4 2RG	Glendale Gardens	Telford	£348,750	4
TF4 2PY	Millman Grove, Lawley Village	Telford	£335,250	4
TF4 2GW	St Helier Drive, Dawley Bank	Telford	£324,490	5

Least Expensive Streets in TF4 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF4 3DR	Webb Crescent, Dawley	Telford	£71,590	5
TF4 3TJ	Fosters Foel	Telford	£75,250	3
TF4 2AH	King Street, Dawley	Telford	£83,666	3
TF4 3TQ	Cuckoos Rest	Telford	£84,142	7
TF4 2EG	Balmoral Court, Dawley	Telford	£90,000	3
TF4 3RA	Majestic Way	Telford	£91,800	5
TF4 3DW	Windsor Place, Dawley	Telford	£95,333	6
TF4 2QJ	Chiltern Gardens, Dawley	Telford	£97,400	5
TF4 2RR	Willetts Way, Dawley	Telford	£99,166	3
TF4 2QQ	Chiltern Gardens, Dawley	Telford	£102,625	4