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House Prices in TF7

The average house price in TF7 (Telford) is £181,125 using HM Land Registry data.

The average property price increased by £44,303 (11.48%) over the last 5 years and increased by £8,877 (1.92%) over the last 12 months.

Over the last year, there were 128 residential property sales – a decrease of 13 transactions (-10.16%) relative to the previous year. The majority of house sales (46) were in the £90,000 - £132,000 range. Then came properties in the £132,000 - £174,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,321 (-3%).

In Dec 24, there were 13 new estate agency instructions, 12 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in TF7 (Telford)

11.48%

Property prices in Telford increased by 11.48% 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 TF7 (Telford) Over the Last Year

1.92%

Property prices in Telford increased by 1.92% 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 TF7 (Telford) - Dec 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 TF7 (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 TF7 (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 TF7 (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 TF7 (Telford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TF7 postcode area since 1995.

Recent Sales in TF7 (Telford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
133 Waverley, Woodside, Telford, Wrekin, TF7 5LU	£135,000	£135,000	£00	25 Jul 2024	15 Nov 2024	113 Days
27 Stanwyck, Sutton Hill, Telford, Wrekin, TF7 4JJ	£128,500	£127,000	-£1,500	18 Jul 2024	15 Nov 2024	120 Days
36 The Saplings, Telford, Wrekin, TF7 5UJ	£200,000	£190,000	-£10,000	21 Oct 2022	06 Nov 2024	747 Days
51 Meadow Brook Close, Madeley, Telford, Wrekin, TF7 5LP	£69,950	£62,000	-£7,950	13 May 2024	01 Nov 2024	172 Days
22 Glendinning Way, Madeley, Telford, Wrekin, TF7 5TB	£320,000	£311,000	-£9,000	10 Aug 2024	25 Oct 2024	76 Days
52 Wyvern, Telford, Wrekin, TF7 5QH	£137,500	£136,000	-£1,500	19 Apr 2024	23 Oct 2024	187 Days
5 Verbena Way, Sutton Hill, Telford, Wrekin, TF7 4DX	£499,950	£475,000	-£24,950	24 Apr 2024	21 Oct 2024	180 Days
24 Bridle Terrace, Madeley, Telford, Wrekin, TF7 5SQ	£180,000	£180,000	£00	19 Jun 2024	14 Oct 2024	117 Days
208 Westbourne, Telford, Wrekin, TF7 5QP	£115,000	£105,000	-£10,000	22 Nov 2023	11 Oct 2024	324 Days
43 Smallwood, Sutton Hill, Telford, Wrekin, TF7 4HL	£140,000	£125,000	-£15,000	18 Mar 2024	10 Oct 2024	206 Days
53 Court Street, Madeley, Telford, Wrekin, TF7 5EE	£399,950	£380,000	-£19,950	25 Oct 2023	27 Sep 2024	338 Days
91 Stonedale, Sutton Hill, Telford, Wrekin, TF7 4AN	£135,000	£135,000	£00	28 May 2024	27 Sep 2024	122 Days
10 Bridle Terrace, Madeley, Telford, Wrekin, TF7 5SQ	£175,000	£160,000	-£15,000	24 Apr 2024	26 Sep 2024	155 Days
213 Willowfield, Telford, Wrekin, TF7 5NZ	£125,000	£125,000	£00	07 Jun 2024	20 Sep 2024	105 Days
Woodlands, Park Lane, Madeley, Telford, Wrekin, TF7 5HJ	£395,000	£385,000	-£10,000	20 Mar 2024	20 Aug 2024	153 Days
9 Cuckoo Oak Green, Madeley, Telford, Wrekin, TF7 4HT	£200,000	£200,000	£00	16 Nov 2023	09 Jul 2024	236 Days
12 Wigmores, Woodside, Telford, Wrekin, TF7 5NA	£136,000	£132,000	-£4,000	26 Feb 2024	14 Jun 2024	109 Days
30 Reynards Coppice, Sutton Hill, Telford, Wrekin, TF7 4NJ	£357,500	£357,500	£00	25 Jan 2024	28 May 2024	124 Days
39 Bridle Terrace, Madeley, Telford, Wrekin, TF7 5SQ	£170,000	£167,500	-£2,500	14 Nov 2023	24 May 2024	192 Days
76 Sandcroft, Sutton Hill, Telford, Wrekin, TF7 4AB	£125,000	£115,000	-£10,000	05 Oct 2023	10 May 2024	218 Days

Most Expensive Streets in TF7 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF7 5NN	The Keep, Madeley	Telford	£457,500	3
TF7 5TB	Glendinning Way, Madeley	Telford	£438,825	4
TF7 4DX	Verbena Way, Sutton Hill	Telford	£376,250	4
TF7 5TA	Flag Leasow, Madeley	Telford	£346,333	3
TF7 5SU	Lees Farm Drive, Madeley	Telford	£346,000	6
TF7 4DU	Mimosa Close, Sutton Hill	Telford	£337,500	4
TF7 4QB	Stokesay Green, Sutton Hill	Telford	£325,000	3
TF7 4NJ	Reynards Coppice, Sutton Hill	Telford	£309,375	4
TF7 4LS	Stretton Close, Sutton Hill	Telford	£309,166	6
TF7 4NH	The Foxes, Sutton Hill	Telford	£281,666	3

Least Expensive Streets in TF7 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF7 4BP	Hills Lane Drive, Madeley	Telford	£57,000	3
TF7 5TT	Midland Court	Telford	£75,075	6
TF7 4AF	Spring Meadow, Sutton Hill	Telford	£76,333	3
TF7 5TU	Orient Court	Telford	£79,157	7
TF7 5QL	Westbourne	Telford	£83,400	5
TF7 4HP	Southfield, Sutton Hill	Telford	£88,666	3
TF7 5GH	Ferridays Fields, Woodside	Telford	£92,250	4
TF7 4HH	Southgate, Sutton Hill	Telford	£93,250	6
TF7 4HB	Summerhill, Sutton Hill	Telford	£96,000	3
TF7 5QF	Warrensway	Telford	£96,166	3