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House Prices in ST16 House Prices in ST16 (Stafford)

The average house price in ST16 (Stafford) is £198,153 using HM Land Registry data.

The average property price increased by £33,180 (41.39%) over the last 5 years and increased by £6,648 (5.66%) over the last 12 months.

Over the last year, there were 333 residential property sales – a decrease of 126 transactions (-37.84%) relative to the previous year. The majority of house sales (74) were in the £164,000 - £208,000 range. Then came properties in the £208,000 - £252,000 range, where 73 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,496 (-2%).

In Oct 24, there were 117 new estate agency instructions, 54 agreed home sales and 39 property price reductions.

Nearby Postcodes: ST10, ST14, ST15, ST17, ST18, ST19, ST20, ST21, WS12, WS15

5-Year Average Property Prices in ST16 (Stafford)

41.39%

Property prices in Stafford increased by 41.39% 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 ST16 (Stafford) Over the Last Year

5.66%

Property prices in Stafford increased by 5.66% 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 ST16 (Stafford) - Oct 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 ST16 (Stafford)

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 ST16 (Stafford)

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 ST16 (Stafford)

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 ST16 (Stafford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ST16 postcode area since 1995.

Recent Sales in ST16 (Stafford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
327 Oxford Gardens, Stafford, Staffordshire, ST16 3JQ£255,000£252,000-£3,00007 Sep 202307 Aug 2024335 Days
Flat 10, Waterford Court, Elworthy Close, Stafford, Staffordshire, ST16 3QT£114,600£112,000-£2,60027 Feb 202405 Aug 2024160 Days
2 Copper Glade, Stafford, Staffordshire, ST16 3RJ£259,995£255,000-£4,99511 Mar 202402 Aug 2024144 Days
2 Russell Street, Stafford, Staffordshire, ST16 2DU£180,000£177,225-£2,77523 Apr 202401 Aug 2024100 Days
89 Prospect Road, Stafford, Staffordshire, ST16 3NZ£175,000£172,500-£2,50021 Mar 202429 Jul 2024130 Days
222 Sandon Road, Stafford, Staffordshire, ST16 3HL£275,000£261,000-£14,00008 Mar 202419 Jul 2024133 Days
63 Salisbury Road, Stafford, Staffordshire, ST16 3SE£285,000£280,000-£5,00012 Mar 202419 Jul 2024129 Days
12 Lotus Way, Stafford, Staffordshire, ST16 3FY£200,000£200,000£0023 Apr 202419 Jul 202487 Days
217 Oxford Gardens, Stafford, Staffordshire, ST16 3JG£200,000£195,000-£5,00022 Feb 202418 Jul 2024147 Days
12 Carson Way, Stafford, Staffordshire, ST16 1LL£190,000£185,000-£5,00020 Feb 202405 Jul 2024136 Days
36 Bellasis Street, Stafford, Staffordshire, ST16 3DD£190,000£190,000£0011 Apr 202428 Jun 202478 Days
9 Izaak Walton Street, Stafford, Staffordshire, ST16 1HT£150,000£150,000£0014 Feb 202428 Jun 2024135 Days
4 Bramall Close, Stafford, Staffordshire, ST16 1YQ£290,000£278,750-£11,25003 Nov 202324 Jun 2024234 Days
33 Newport Road, Stafford, Staffordshire, ST16 1BH£390,000£371,000-£19,00015 Sep 202321 Jun 2024280 Days
18 Barker Close, Stafford, Staffordshire, ST16 1LY£210,000£208,000-£2,00011 Mar 202421 Jun 2024102 Days
17 Lymington Road, Stafford, Staffordshire, ST16 3SQ£250,000£245,000-£5,00013 Oct 202320 Jun 2024251 Days
5 Avon Rise, Stafford, Staffordshire, ST16 3XR£225,000£225,000£0007 Oct 202314 Jun 2024251 Days
19 Downfield Grove, Stafford, Staffordshire, ST16 1TD£180,000£172,500-£7,50011 Feb 202414 Jun 2024124 Days
39 Christie Avenue, Stafford, Staffordshire, ST16 1AB£260,000£258,000-£2,00003 Jan 202413 Jun 2024162 Days
15 Avon Close, Stafford, Staffordshire, ST16 3XB£215,000£215,000£0031 Oct 202307 Jun 2024220 Days

Most Expensive Streets in ST16 (Stafford)

PostcodeStreetAreaAverageNo. of Sales
ST16 1FDOakbrook CloseStafford£597,3333
ST16 1JAEccleshall RoadStafford£455,4378
ST16 1DWCastle BankStafford£432,3339
ST16 1DANewport RoadStafford£427,2504
ST16 1QLManor GroveStafford£375,4997
ST16 1NUPulteney DriveStafford£370,2504
ST16 1AXTullis CloseStafford£363,5003
ST16 1DQBarbican GroveStafford£358,1605
ST16 1BHNewport RoadStafford£356,1005
ST16 1PEEccleshall RoadStafford£353,8505

Least Expensive Streets in ST16 (Stafford)

PostcodeStreetAreaAverageNo. of Sales
ST16 2QZThe Mills, Mill BankStafford£79,6005
ST16 3SNWilliams Court, Bertelin RoadStafford£79,8005
ST16 3AXAstons, Browning Street, StaffordStafford£83,3333
ST16 1HRShallowford Mews, Izaak Walton Street, StaffordStafford£86,3336
ST16 3HFSandon RoadStafford£89,0003
ST16 3QJPike CloseStafford£92,10010
ST16 3YXPeter James CourtStafford£95,20015
ST16 3YASandon MewsStafford£95,3577
ST16 3YFKingston Hill Court, Wentworth DriveStafford£96,7374
ST16 3QQElworthy CloseStafford£97,0003

Explore ST16 (Stafford) using map

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