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House Prices in WV16

The average house price in WV16 (Bridgnorth) is £334,692 using HM Land Registry data.

The average property price increased by £76,323 (24.74%) over the last 5 years and increased by £15,257 (3.76%) over the last 12 months.

Over the last year, there were 189 residential property sales – a decrease of 77 transactions (-40.74%) relative to the previous year. The majority of house sales (59) were in the £208,000 - £296,000 range. Then came properties in the £120,000 - £208,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,752 (-3%).

In June 2024, there were 41 new estate agency instructions, 28 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in WV16 (Bridgnorth)

24.74%

Property prices in Bridgnorth increased by 24.74% 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 WV16 (Bridgnorth) Over the Last Year

3.76%

Property prices in Bridgnorth increased by 3.76% 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 WV16 (Bridgnorth) - 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 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 WV16 (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 WV16 (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 WV16 (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 WV16 (Bridgnorth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WV16 postcode area since 1995.

Recent Sales in WV16 (Bridgnorth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
49 Oldbury Wells, Bridgnorth, Shropshire, WV16 5HJ	£300,000	£290,000	-£10,000	02 Feb 2024	10 May 2024	98 Days
21 Brook Hollow, Bridgnorth, Shropshire, WV16 4SG	£575,000	£575,000	£00	16 Jan 2024	12 Apr 2024	87 Days
3 Innage Crescent, Bridgnorth, Shropshire, WV16 4HU	£260,000	£260,000	£00	07 Oct 2022	11 Apr 2024	552 Days
Cherry Tree House, Oldbury Wells, Bridgnorth, Shropshire, WV16 5JB	£400,000	£380,000	-£20,000	08 Nov 2023	11 Apr 2024	155 Days
13 Castlefields, Bridgnorth, Shropshire, WV16 5DH	£280,000	£260,000	-£20,000	05 Dec 2023	04 Apr 2024	121 Days
Prayag, Bridgnorth Road, Highley, Bridgnorth, Shropshire, WV16 6HG	£499,950	£492,000	-£7,950	13 Oct 2023	26 Mar 2024	165 Days
3 Brook Hollow, Bridgnorth, Shropshire, WV16 4SG	£650,000	£630,000	-£20,000	26 Sep 2023	15 Mar 2024	171 Days
15 Redstone Drive, Highley, Bridgnorth, Shropshire, WV16 6EW	£260,000	£248,000	-£12,000	17 Apr 2023	15 Mar 2024	333 Days
32 West Castle Street, Bridgnorth, Shropshire, WV16 4AD	£299,950	£295,000	-£4,950	06 Dec 2023	08 Mar 2024	93 Days
12 Willow Drive, Highley, Bridgnorth, Shropshire, WV16 6ED	£300,000	£285,000	-£15,000	20 Oct 2023	05 Mar 2024	137 Days
47 Duchess Drive, Bridgnorth, Shropshire, WV16 4JB	£269,950	£260,000	-£9,950	15 Jun 2023	01 Mar 2024	260 Days
23 Arley View Close, Highley, Bridgnorth, Shropshire, WV16 6LW	£215,000	£200,000	-£15,000	29 Mar 2023	01 Mar 2024	338 Days
2 Morgan Springs, Oldbury, Bridgnorth, Shropshire, WV16 5JS	£875,000	£850,000	-£25,000	26 Apr 2023	27 Feb 2024	307 Days
9 The Hookfield, Bridgnorth, Shropshire, WV16 4HZ	£279,950	£266,000	-£13,950	26 Jul 2023	09 Feb 2024	198 Days
1 Greenfields Drive, Bridgnorth, Shropshire, WV16 4JJ	£435,000	£427,000	-£8,000	09 Oct 2023	02 Feb 2024	116 Days
14 Westgate Drive, Bridgnorth, Shropshire, WV16 4QF	£565,000	£555,000	-£10,000	24 Jul 2023	19 Jan 2024	179 Days
22 Arley View Close, Highley, Bridgnorth, Shropshire, WV16 6LW	£145,000	£140,000	-£5,000	30 Aug 2023	02 Jan 2024	125 Days
16 Woodberry Close, Bridgnorth, Shropshire, WV16 4PT	£220,000	£205,000	-£15,000	30 Jun 2023	20 Dec 2023	173 Days
37 Cricket Meadow, Bridgnorth, Shropshire, WV16 4LB	£299,950	£290,000	-£9,950	14 Jul 2023	04 Dec 2023	143 Days
108 Victoria Road, Bridgnorth, Shropshire, WV16 4LG	£325,000	£300,000	-£25,000	29 Jun 2023	01 Dec 2023	155 Days

Most Expensive Streets in WV16 (Bridgnorth)

Postcode	Street	Area	Average	No. of Sales
WV16 5JS	Morgan Springs, Oldbury	Bridgnorth	£715,833	3
WV16 4SW	Astley Abbotts	Bridgnorth	£712,491	6
WV16 4SJ	Cross Lane Head	Bridgnorth	£696,666	3
WV16 6SF	Upper Netchwood, Monkhopton	Bridgnorth	£610,000	3
WV16 4HE	Love Lane	Bridgnorth	£598,333	3
WV16 6QT	Wheathill	Bridgnorth	£595,600	5
WV16 5BL	Westgate	Bridgnorth	£593,333	3
WV16 6SQ	Ditton Priors	Bridgnorth	£591,250	4
WV16 4SG	Brook Hollow	Bridgnorth	£581,250	4
WV16 5DZ	Fells Orchard, Oldbury	Bridgnorth	£540,866	3

Least Expensive Streets in WV16 (Bridgnorth)

Postcode	Street	Area	Average	No. of Sales
WV16 4SD	Hook Farm Road	Bridgnorth	£80,711	9
WV16 4RA	Hook Farm Road	Bridgnorth	£81,375	4
WV16 6LY	Borle Brook Court, Highley	Bridgnorth	£84,933	9
WV16 4DA	Kings Loade	Bridgnorth	£109,585	17
WV16 4BY	Underhill Street	Bridgnorth	£111,204	24
WV16 6JY	Rhea Hall Estate, Highley	Bridgnorth	£129,166	3
WV16 6JX	Coronation Street, Highley	Bridgnorth	£129,316	3
WV16 5BR	Talbot Court, Salop Street, Bridgnorth	Bridgnorth	£133,578	26
WV16 6LX	Silverdale Terrace, Highley	Bridgnorth	£134,650	3
WV16 6HW	Ash Street, Highley	Bridgnorth	£136,490	5