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House Prices in TF5

The average house price in TF5 (Telford) is £356,500 using HM Land Registry data.

The average property price increased by £3,693 (85.07%) over the last 5 years and increased by £740 (9.18%) over the last 12 months.

Over the last year, there were 40 residential property sales – a decrease of 18 transactions (-45.00%) relative to the previous year. The majority of house sales (10) were in the £170,000 - £242,000 range. Then came properties in the £242,000 - £314,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-3,722 (-1%).

In Oct 24, there were 12 new estate agency instructions, 10 agreed home sales and 14 property price reductions.

5-Year Average Property Prices in TF5 (Telford)

85.07%

Property prices in Telford increased by 85.07% 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 TF5 (Telford) Over the Last Year

9.18%

Property prices in Telford increased by 9.18% 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 TF5 (Telford) - 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 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 TF5 (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 TF5 (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 TF5 (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 TF5 (Telford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TF5 postcode area since 1995.

Recent Sales in TF5 (Telford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
33 Broomfield Road, Admaston, Telford, Wrekin, TF5 0AS	£215,000	£203,000	-£12,000	21 Mar 2024	14 Jun 2024	85 Days
18 Pemberton Road, Admaston, Telford, Wrekin, TF5 0BL	£330,000	£330,000	£00	16 Apr 2024	31 May 2024	45 Days
6 Aspen Way, Telford, Wrekin, TF5 0LH	£325,000	£310,000	-£15,000	28 Jan 2024	17 May 2024	110 Days
20 Sutton Road, Admaston, Telford, Wrekin, TF5 0AZ	£250,000	£247,500	-£2,500	01 Dec 2023	17 May 2024	168 Days
6 Sherwood Close, Telford, Wrekin, TF5 0LB	£215,000	£213,000	-£2,000	05 Sep 2023	26 Apr 2024	234 Days
4 Oakfield Road, Telford, Wrekin, TF5 0NA	£170,000	£170,000	£00	29 Jan 2024	26 Apr 2024	88 Days
1 Blackthorn Grove, Telford, Wrekin, TF5 0LL	£475,000	£473,000	-£2,000	09 Nov 2023	27 Mar 2024	139 Days
68 Glade Way, Telford, Wrekin, TF5 0LQ	£250,000	£247,500	-£2,500	22 Nov 2023	25 Mar 2024	124 Days
4 Newill Grove, Admaston, Telford, Wrekin, TF5 0DX	£435,000	£425,000	-£10,000	12 Oct 2023	22 Mar 2024	162 Days
10 Squirrel Meadow, Telford, Wrekin, TF5 0NU	£172,500	£172,500	£00	04 Dec 2023	15 Mar 2024	102 Days
56 Hopkins Heath, Telford, Wrekin, TF5 0LX	£190,000	£190,000	£00	17 Oct 2023	15 Mar 2024	150 Days
17 The Beeches, Admaston, Telford, Wrekin, TF5 0AU	£379,995	£369,000	-£10,995	27 Jun 2023	21 Feb 2024	239 Days
18 Woodford Green, Telford, Wrekin, TF5 0NS	£495,000	£475,000	-£20,000	05 Oct 2023	31 Jan 2024	118 Days
9 Monet Close, Telford, Wrekin, TF5 0PP	£300,000	£290,000	-£10,000	10 Jul 2023	19 Jan 2024	193 Days
46 Span Meadow, Telford, Wrekin, TF5 0NE	£199,995	£195,000	-£4,995	15 Sep 2023	18 Jan 2024	125 Days
64 Dulwich Grange, Bratton, Telford, Wrekin, TF5 0EB	£550,000	£530,000	-£20,000	22 Jun 2023	13 Dec 2023	174 Days
37 Leeses Close, Telford, Wrekin, TF5 0NN	£415,000	£415,000	£00	21 Aug 2023	08 Dec 2023	109 Days
12 Gilpin Road, Admaston, Telford, Wrekin, TF5 0BE	£245,000	£245,000	£00	16 Jun 2023	01 Dec 2023	168 Days
36 Glade Way, Telford, Wrekin, TF5 0LD	£380,000	£370,000	-£10,000	12 Jun 2023	09 Nov 2023	150 Days
7 Span Meadow, Telford, Wrekin, TF5 0NF	£190,000	£183,000	-£7,000	03 Jun 2023	31 Oct 2023	150 Days

Most Expensive Streets in TF5 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF5 0AW	Station Road, Admaston	Telford	£712,000	3
TF5 0BT	Bratton Road, Bratton	Telford	£685,800	10
TF5 0DQ	Jockey Meadow, Bratton	Telford	£611,620	15
TF5 0DE	Donnerville Gardens, Admaston	Telford	£555,400	5
TF5 0DL	Meadow Dale Drive, Admaston	Telford	£450,000	3
TF5 0DP	Dalefield Drive, Admaston	Telford	£420,611	5
TF5 0NS	Woodford Green	Telford	£415,500	5
TF5 0DN	Little Meadow Close, Admaston	Telford	£396,666	3
TF5 0AP	Station Road, Admaston	Telford	£376,000	3
TF5 0LE	Harrington Heath	Telford	£373,333	3

Least Expensive Streets in TF5 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF5 0NU	Squirrel Meadow	Telford	£139,165	3
TF5 0PH	Greenwood Drive	Telford	£142,750	3
TF5 0NA	Oakfield Road	Telford	£161,943	9
TF5 0NF	Span Meadow	Telford	£168,166	3
TF5 0LY	Hopkins Heath	Telford	£169,900	5
TF5 0LU	Hopkins Heath	Telford	£176,000	3
TF5 0NE	Span Meadow	Telford	£181,666	6
TF5 0BD	Ringers Way, Admaston	Telford	£195,750	4
TF5 0LF	Arrow Road	Telford	£200,300	5
TF5 0LX	Hopkins Heath	Telford	£205,200	5