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House Prices in TF7

The average house price in TF7 (Telford) is £221,825 using HM Land Registry data.

The average property price increased by £55,237 (11.48%) over the last 5 years and increased by £11,042 (1.92%) over the last 12 months.

Over the last year, there were 120 residential property sales – a decrease of 44 transactions (-36.67%) relative to the previous year. The majority of house sales (46) were in the £100,000 - £142,000 range. Then came properties in the £184,000 - £226,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 38 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,627 (-3%).

In June 2024, there were 30 new estate agency instructions, 22 agreed home sales and 14 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) - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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
19 Church Close, Telford, Wrekin, TF7 5BP	£175,000	£170,000	-£5,000	18 Mar 2024	30 Apr 2024	43 Days
50 Upper Road, Madeley, Telford, Wrekin, TF7 5DJ	£200,000	£195,000	-£5,000	07 Nov 2023	25 Apr 2024	170 Days
19 Canonbie Lea, Madeley, Telford, Wrekin, TF7 5RL	£250,000	£250,000	£00	25 Oct 2023	19 Apr 2024	177 Days
13 Church Street, Madeley, Telford, Wrekin, TF7 5BW	£155,000	£150,000	-£5,000	29 Aug 2023	17 Apr 2024	232 Days
9 Carnoustie Drive, Sutton Hill, Telford, Wrekin, TF7 4BQ	£285,000	£255,000	-£30,000	18 Jan 2024	27 Mar 2024	69 Days
71 Wyvern, Telford, Wrekin, TF7 5QH	£137,995	£135,000	-£2,995	27 Sep 2023	12 Mar 2024	167 Days
31 Tweedale Wharf, Madeley, Telford, Wrekin, TF7 4EW	£220,000	£215,000	-£5,000	18 Oct 2023	05 Mar 2024	139 Days
4 Carnoustie Drive, Sutton Hill, Telford, Wrekin, TF7 4BQ	£315,000	£310,000	-£5,000	07 Oct 2023	16 Feb 2024	132 Days
28 Bridle Road, Madeley, Telford, Wrekin, TF7 5HD	£350,000	£335,000	-£15,000	31 May 2023	14 Feb 2024	259 Days
19 Park Street, Madeley, Telford, Wrekin, TF7 5LB	£167,500	£167,500	£00	23 Sep 2023	19 Jan 2024	118 Days
3 Willowfield, Telford, Wrekin, TF7 5NS	£130,000	£125,000	-£5,000	09 Oct 2023	12 Jan 2024	95 Days
17 Coalport Road, Madeley, Telford, Wrekin, TF7 5DP	£250,000	£250,000	£00	24 Jul 2023	08 Jan 2024	168 Days
17 Tynsley Court, Madeley, Telford, Wrekin, TF7 5AF	£139,950	£137,000	-£2,950	07 Sep 2023	21 Dec 2023	105 Days
51 Singleton, Sutton Hill, Telford, Wrekin, TF7 4JH	£119,950	£114,500	-£5,450	16 Oct 2023	20 Dec 2023	65 Days
97 Wealdstone, Telford, Wrekin, TF7 5PU	£129,950	£125,000	-£4,950	17 Aug 2023	08 Dec 2023	113 Days
1 Wyvern, Telford, Wrekin, TF7 5QQ	£130,000	£123,000	-£7,000	27 Jul 2023	01 Dec 2023	127 Days
24 Upper Road, Madeley, Telford, Wrekin, TF7 5DG	£195,000	£192,500	-£2,500	04 Oct 2023	30 Nov 2023	57 Days
11 Anstice Road, Madeley, Telford, Wrekin, TF7 5DE	£199,950	£199,950	£00	20 May 2023	24 Nov 2023	188 Days
83 Bridle Terrace, Madeley, Telford, Wrekin, TF7 5SH	£200,000	£200,000	£00	02 Aug 2023	16 Nov 2023	106 Days
12 Wigmores, Woodside, Telford, Wrekin, TF7 5NA	£100,000	£100,000	£00	03 Aug 2023	16 Nov 2023	105 Days

Most Expensive Streets in TF7 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF7 5SX	Glendinning Way, Madeley	Telford	£490,000	3
TF7 5NN	The Keep, Madeley	Telford	£458,112	4
TF7 4DX	Verbena Way, Sutton Hill	Telford	£381,666	3
TF7 5TA	Flag Leasow, Madeley	Telford	£346,333	3
TF7 5SU	Lees Farm Drive, Madeley	Telford	£346,000	6
TF7 4LS	Stretton Close, Sutton Hill	Telford	£331,000	5
TF7 4QB	Stokesay Green, Sutton Hill	Telford	£325,000	3
TF7 4DU	Mimosa Close, Sutton Hill	Telford	£322,000	5
TF7 4NJ	Reynards Coppice, Sutton Hill	Telford	£287,500	4
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	£79,000	4
TF7 5TU	Orient Court	Telford	£79,157	7
TF7 5QL	Westbourne	Telford	£80,500	4
TF7 4AY	Selbourne, Sutton Hill	Telford	£88,500	3
TF7 4HP	Southfield, Sutton Hill	Telford	£88,666	3
TF7 5GH	Ferridays Fields, Woodside	Telford	£92,250	4
TF7 4JN	Stebbings, Sutton Hill	Telford	£93,500	4
TF7 4HH	Southgate, Sutton Hill	Telford	£93,900	5