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House Prices in WV15 House Prices in WV15 (Bridgnorth)

The average house price in WV15 (Bridgnorth) is £500,033 using HM Land Registry data.

The average property price increased by £74,468 (13.58%) over the last 5 years and increased by £14,921 (2.24%) over the last 12 months.

Over the last year, there were 75 residential property sales – a decrease of 9 transactions (-12.00%) relative to the previous year. The majority of house sales (33) were in the £190,000 - £280,000 range. Then came properties in the £280,000 - £370,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,244 (-3%).

In Dec 24, there were 12 new estate agency instructions, 4 agreed home sales and 4 property price reductions.

Nearby Postcodes: DY10, DY11, DY12, DY13, DY14, DY3, DY6, DY7, DY8, ST19, ST20, SY7, SY8, TF10, TF11, TF12, TF13, TF2, TF3, TF7, TF8, WV1, WV10, WV16, WV3, WV4, WV5, WV6, WV7, WV8, WV9, WV99

5-Year Average Property Prices in WV15 (Bridgnorth)

13.58%

Property prices in Bridgnorth increased by 13.58% 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 WV15 (Bridgnorth) Over the Last Year

2.24%

Property prices in Bridgnorth increased by 2.24% 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.

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).

Property Market Heat Gauge for WV15 (Bridgnorth) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 WV15 (Bridgnorth)

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 WV15 (Bridgnorth)

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 WV15 (Bridgnorth)

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 WV15 (Bridgnorth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WV15 postcode area since 1995.

Recent Sales in WV15 (Bridgnorth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Narburgh Place, Alveley, Bridgnorth, Shropshire, WV15 6LB£220,000£220,000£0001 May 202404 Nov 2024187 Days
15 Sabrina Road, Bridgnorth, Shropshire, WV15 6DQ£280,000£275,000-£5,00015 Aug 202429 Oct 202475 Days
18 Maple Crescent, Alveley, Bridgnorth, Shropshire, WV15 6LT£265,000£258,000-£7,00017 Jul 202328 Oct 2024469 Days
31 Peacock Hill, Alveley, Bridgnorth, Shropshire, WV15 6JX£225,000£218,000-£7,00012 Apr 202425 Oct 2024196 Days
1 Lime Close, Alveley, Bridgnorth, Shropshire, WV15 6LU£270,000£270,000£0026 Jun 202418 Oct 2024114 Days
38 Greenway Avenue, Alveley, Bridgnorth, Shropshire, WV15 6NY£349,950£340,000-£9,95028 Mar 202418 Oct 2024204 Days
5 River View, Bridgnorth, Shropshire, WV15 5AT£242,000£242,000£0022 Feb 202404 Oct 2024225 Days
7 St Nicholas Crescent, Bridgnorth, Shropshire, WV15 5BN£235,000£225,000-£10,00001 Feb 202404 Oct 2024246 Days
1 Littlegain, Hilton, Bridgnorth, Shropshire, WV15 5PA£450,000£450,000£0007 Oct 202330 Sep 2024359 Days
61 Birchlands, Bridgnorth, Shropshire, WV15 5DR£230,000£200,000-£30,00020 May 202430 Sep 2024133 Days
82 The Hobbins, Bridgnorth, Shropshire, WV15 5HJ£210,000£200,000-£10,00014 Jun 202309 Sep 2024453 Days
17 Morfe Road, Bridgnorth, Shropshire, WV15 5EL£220,000£212,000-£8,00015 Apr 202428 Aug 2024135 Days
27 Greenway Avenue, Alveley, Bridgnorth, Shropshire, WV15 6PB£365,000£350,000-£15,00003 May 202423 Aug 2024112 Days
12 Bernards Hill, Bridgnorth, Shropshire, WV15 5AX£265,000£263,200-£1,80002 May 202409 Aug 202499 Days
3 Hillside Avenue, Bridgnorth, Shropshire, WV15 6BS£300,000£285,000-£15,00015 Apr 202409 Aug 2024116 Days
15 Bridge Road, Alveley, Bridgnorth, Shropshire, WV15 6JN£275,000£265,000-£10,00016 Feb 202431 Jul 2024166 Days
29 Severn Street, Bridgnorth, Shropshire, WV15 6BB£239,995£220,000-£19,99512 Dec 202330 Jul 2024231 Days
22 Cooks Cross, Alveley, Bridgnorth, Shropshire, WV15 6LS£385,000£385,000£0009 Apr 202429 Jul 2024111 Days
35d, Hospital Street, Bridgnorth, Shropshire, WV15 5EU£210,000£210,000£0006 Feb 202426 Jun 2024141 Days
58 Severn Street, Bridgnorth, Shropshire, WV15 6BB£270,000£270,000£0016 Apr 202414 Jun 202459 Days

Most Expensive Streets in WV15 (Bridgnorth)

PostcodeStreetAreaAverageNo. of Sales
WV15 5PSUpper FarmcoteBridgnorth£651,8333
WV15 6EFRidgewell Hill, WoottonBridgnorth£600,35714
WV15 5NEApley Park MewsBridgnorth£586,0628
WV15 6QJQuatfordBridgnorth£560,8333
WV15 6EBWoottonBridgnorth£558,7504
WV15 5PDHiltonBridgnorth£551,6663
WV15 6QDDanesfordBridgnorth£527,6663
WV15 5LSStablefordBridgnorth£510,0006
WV15 5NXChestertonBridgnorth£497,0505
WV15 6BHWashbrook RoadBridgnorth£423,2438

Least Expensive Streets in WV15 (Bridgnorth)

PostcodeStreetAreaAverageNo. of Sales
WV15 5AJSt Johns StreetBridgnorth£119,3163
WV15 6ARGreyfriars House, Kings CourtBridgnorth£139,81811
WV15 6HGAlveleyBridgnorth£150,3333
WV15 5BSGrove CrescentBridgnorth£152,0004
WV15 5BWSt Nicholas RoadBridgnorth£161,0003
WV15 6AGChequers YardBridgnorth£169,0004
WV15 5EUHospital StreetBridgnorth£169,5836
WV15 6JSOak Bank, AlveleyBridgnorth£176,1254
WV15 5ASBernards HillBridgnorth£182,25010
WV15 5EFLodge LaneBridgnorth£184,5005

Explore WV15 (Bridgnorth) using map

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