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House Prices in WV16 House Prices in WV16 (Bridgnorth)

The average house price in WV16 (Bridgnorth) is £277,740 using HM Land Registry data.

The average property price increased by £69,826 (24.74%) over the last 5 years and increased by £13,991 (3.76%) over the last 12 months.

Over the last year, there were 176 residential property sales – a decrease of 65 transactions (-36.93%) relative to the previous year. The majority of house sales (49) were in the £210,000 - £300,000 range. Then came properties in the £120,000 - £210,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,891 (-4%).

In Dec 24, there were 17 new estate agency instructions, 8 agreed home sales and 14 property price reductions.

Nearby Postcodes: DY11, DY12, DY13, DY14, DY7, HR6, LD7, LD8, ST19, ST20, SY15, SY16, SY5, SY6, SY7, SY8, SY9, TF10, TF11, TF12, TF13, TF2, TF3, TF4, TF6, TF7, TF8, WR15, WR6, WV15, WV5, WV6, WV7, WV8, WV99

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.

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 WV16 (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 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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Fells Orchard, Oldbury, Bridgnorth, Shropshire, WV16 5DZ£595,000£585,000-£10,00005 Aug 202407 Nov 202494 Days
7 Castlefields, Bridgnorth, Shropshire, WV16 5DH£285,000£270,000-£15,00005 Apr 202401 Nov 2024210 Days
9 Fells Orchard, Oldbury, Bridgnorth, Shropshire, WV16 5DZ£485,000£215,000-£270,00012 Oct 201831 Oct 20242211 Days
19 Bramble Ridge, Bridgnorth, Shropshire, WV16 4SQ£475,000£420,000-£55,00028 Feb 202430 Oct 2024245 Days
12 Greenfields Road, Bridgnorth, Shropshire, WV16 4JT£290,000£285,000-£5,00019 Feb 202428 Oct 2024252 Days
59 Clee View Road, Bridgnorth, Shropshire, WV16 4PA£200,000£200,000£0023 May 202425 Oct 2024155 Days
8 Ridley Close, Bridgnorth, Shropshire, WV16 5PF£260,000£245,000-£15,00026 Oct 202325 Oct 2024365 Days
43 Hazelwells Road, Highley, Bridgnorth, Shropshire, WV16 6HR£220,000£217,000-£3,00016 Jun 202423 Oct 2024129 Days
16 Arley View Close, Highley, Bridgnorth, Shropshire, WV16 6LW£249,950£249,950£0015 Jun 202317 Oct 2024490 Days
8 Church Street, Bridgnorth, Shropshire, WV16 4EQ£325,000£315,000-£10,00020 Mar 202414 Oct 2024208 Days
26 Beech Road, Bridgnorth, Shropshire, WV16 4PJ£280,000£280,000£0019 Jul 202414 Oct 202487 Days
5 Greenfields Road, Bridgnorth, Shropshire, WV16 4JG£395,000£387,000-£8,00015 Jul 202411 Oct 202488 Days
6 Tining Close, Bridgnorth, Shropshire, WV16 5PE£250,000£250,000£0012 Jun 202411 Oct 2024121 Days
69 Redstone Drive, Highley, Bridgnorth, Shropshire, WV16 6EQ£360,000£350,000-£10,00015 Mar 202422 Aug 2024160 Days
53 Woodhill Road, Highley, Bridgnorth, Shropshire, WV16 6HU£150,000£135,000-£15,00009 Nov 202320 Aug 2024285 Days
60a, Hook Farm Road, Bridgnorth, Shropshire, WV16 4SD£85,000£85,000£0030 May 202419 Aug 202481 Days
Oak Lodge, Blything Court, Highley, Bridgnorth, Shropshire, WV16 6JQ£400,000£360,000-£40,00009 Apr 202413 Aug 2024126 Days
25 East Castle Street, Bridgnorth, Shropshire, WV16 4AN£925,000£890,000-£35,00019 Sep 202309 Aug 2024325 Days
69 Woodhill Road, Highley, Bridgnorth, Shropshire, WV16 6HU£165,000£165,000£0024 Apr 202408 Aug 2024106 Days
41 Listley Street, Bridgnorth, Shropshire, WV16 4AW£150,000£150,000£0020 Mar 202405 Aug 2024138 Days

Most Expensive Streets in WV16 (Bridgnorth)

PostcodeStreetAreaAverageNo. of Sales
WV16 4SWAstley AbbottsBridgnorth£712,4916
WV16 4SJCross Lane HeadBridgnorth£662,5004
WV16 6SFUpper Netchwood, MonkhoptonBridgnorth£610,0003
WV16 4HELove LaneBridgnorth£598,3333
WV16 5JHDeightons CloseBridgnorth£596,6663
WV16 6SQDitton PriorsBridgnorth£591,2504
WV16 6QTWheathillBridgnorth£585,7504
WV16 4SGBrook HollowBridgnorth£581,2504
WV16 5DZFells Orchard, OldburyBridgnorth£540,8663
WV16 5AFLudlow RoadBridgnorth£512,0005

Least Expensive Streets in WV16 (Bridgnorth)

PostcodeStreetAreaAverageNo. of Sales
WV16 4RAHook Farm RoadBridgnorth£81,3754
WV16 4SDHook Farm RoadBridgnorth£82,3839
WV16 6LYBorle Brook Court, HighleyBridgnorth£92,8507
WV16 4DAKings LoadeBridgnorth£107,59016
WV16 4BYUnderhill StreetBridgnorth£109,23321
WV16 6JJOrchard Square, HighleyBridgnorth£117,1663
WV16 6LQBarke Street, HighleyBridgnorth£121,0333
WV16 5BRTalbot Court, Salop Street, BridgnorthBridgnorth£125,57826
WV16 6LXSilverdale Terrace, HighleyBridgnorth£128,7905
WV16 6JXCoronation Street, HighleyBridgnorth£131,6504

Explore WV16 (Bridgnorth) using map

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