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House Prices in TF1 House Prices in TF1 (Telford)

The average house price in TF1 (Telford) is £277,733 using HM Land Registry data.

The average property price increased by £52,634 (39.89%) over the last 5 years and increased by £10,546 (5.5%) over the last 12 months.

Over the last year, there were 359 residential property sales – a decrease of 83 transactions (-23.12%) relative to the previous year. The majority of house sales (92) were in the £164,000 - £208,000 range. Then came properties in the £208,000 - £252,000 range, where 69 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,061 (-2%).

In Oct 24, there were 94 new estate agency instructions, 51 agreed home sales and 56 property price reductions.

Nearby Postcodes: ST19, ST20, SY4, SY5, SY6, SY7, TF10, TF11, TF12, TF13, TF2, TF3, TF4, TF5, TF6, TF7, TF8, TF9, WV15, WV16, WV6, WV7, WV8, WV99

5-Year Average Property Prices in TF1 (Telford)

39.89%

Property prices in Telford increased by 39.89% 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 TF1 (Telford) Over the Last Year

5.5%

Property prices in Telford increased by 5.5% 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 TF1 (Telford) - 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 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 TF1 (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 TF1 (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 TF1 (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 TF1 (Telford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TF1 postcode area since 1995.

Recent Sales in TF1 (Telford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
17 Moorhouse Close, Wellington, Telford, Wrekin, TF1 2BF£200,000£185,000-£15,00001 Mar 202408 Aug 2024160 Days
21 Swift Gate, Telford, Wrekin, TF1 3QG£170,000£156,500-£13,50026 May 202302 Aug 2024434 Days
30 Severn Drive, Wellington, Telford, Wrekin, TF1 3LQ£320,000£310,000-£10,00010 Apr 202402 Aug 2024114 Days
112 Millstream Way, Leegomery, Telford, Wrekin, TF1 6QS£230,000£223,000-£7,00008 Apr 202402 Aug 2024116 Days
21 Clift Crescent, Wellington, Telford, Wrekin, TF1 2AL£165,000£160,000-£5,00010 May 202401 Aug 202483 Days
14 Dunlin Close, Leegomery, Telford, Wrekin, TF1 6WA£195,000£195,000£0024 Apr 202423 Jul 202490 Days
118 Woodside Road, Ketley, Telford, Wrekin, TF1 5WT£375,000£365,000-£10,00019 Feb 202419 Jul 2024151 Days
23 Marton Drive, Wellington, Telford, Wrekin, TF1 3HL£210,000£192,500-£17,50008 Apr 202419 Jul 2024102 Days
8 Teme Avenue, Wellington, Telford, Wrekin, TF1 3HU£269,450£253,000-£16,45005 Apr 202415 Jul 2024101 Days
26 Ercall Lane, Wellington, Telford, Wrekin, TF1 2DY£875,000£750,000-£125,00021 Sep 202312 Jul 2024295 Days
62 Hedingham Road, Leegomery, Telford, Wrekin, TF1 6ZT£345,000£330,000-£15,00030 Jan 202402 Jul 2024154 Days
3 Chestnut Drive, Wellington, Telford, Wrekin, TF1 3NJ£240,000£220,000-£20,00007 Mar 202428 Jun 2024113 Days
33 Pembroke Drive, Wellington, Telford, Wrekin, TF1 3PT£350,000£345,000-£5,00027 Feb 202426 Jun 2024120 Days
177 Holyhead Road, Wellington, Telford, Wrekin, TF1 2DP£700,000£670,000-£30,00030 Nov 202324 Jun 2024207 Days
18 Hampton Hill, Wellington, Telford, Wrekin, TF1 2ER£295,000£290,000-£5,00027 Nov 202321 Jun 2024207 Days
18 Hordley Road, Wellington, Telford, Wrekin, TF1 3NR£220,000£220,000£0016 Feb 202420 Jun 2024125 Days
18 Copperbeech Road, Ketley, Telford, Wrekin, TF1 5BQ£190,000£185,000-£5,00017 Apr 202419 Jun 202463 Days
50 Shoveller Drive, Apley, Telford, Wrekin, TF1 6GQ£465,000£450,000-£15,00002 Aug 202314 Jun 2024317 Days
25 Cound Close, Wellington, Telford, Wrekin, TF1 3JG£205,000£205,000£0015 Jan 202407 Jun 2024144 Days
29 Catterick Close, Leegomery, Telford, Wrekin, TF1 6UU£160,000£160,000£0015 Mar 202431 May 202477 Days

Most Expensive Streets in TF1 (Telford)

PostcodeStreetAreaAverageNo. of Sales
TF1 2DPHolyhead Road, WellingtonTelford£599,5717
TF1 2EAHolyhead Road, WellingtonTelford£507,8005
TF1 2DYErcall Lane, WellingtonTelford£490,4287
TF1 2HQCherry Tree Close, WellingtonTelford£485,8336
TF1 6THPeregrine Way, ApleyTelford£473,09910
TF1 3JESweet Chariot Way, WellingtonTelford£470,2005
TF1 6NHSparrowhawk WayTelford£462,9163
TF1 6TAGoldcrest Grove, ApleyTelford£460,8333
TF1 6TJEider DriveTelford£456,90411
TF1 3DWCrescent Road, WellingtonTelford£446,2504

Least Expensive Streets in TF1 (Telford)

PostcodeStreetAreaAverageNo. of Sales
TF1 1RECaradoc Flats, Kingshaye RoadTelford£46,3333
TF1 3PFClaremont Mews, WellingtonTelford£67,6663
TF1 1SRHaygate Court, WellingtonTelford£76,5003
TF1 2PBArleston Avenue, ArlestonTelford£95,2504
TF1 2NHWatling Street, WellingtonTelford£96,0004
TF1 1EJThe Bank, Ten Tree CroftTelford£97,3333
TF1 2LPWoollam Road, ArlestonTelford£103,5505
TF1 5PEBritannia Way, HadleyTelford£103,6005
TF1 1PQRegent Street, WellingtonTelford£106,3333
TF1 5FHRose Manor, Ketley Park RoadTelford£106,91813

Explore TF1 (Telford) using map

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