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House Prices in TF6

The average house price in TF6 (Telford) is £423,500 using HM Land Registry data.

The average property price decreased by £2,230 (-51.78%) over the last 5 years and decreased by £447 (-6.66%) over the last 12 months.

Over the last year, there were 40 residential property sales – a decrease of 113 transactions (-282.50%) relative to the previous year. The majority of house sales (15) were in the £264,000 - £358,000 range. Then came properties in the £170,000 - £264,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,000 (-4%).

In Oct 24, there were 19 new estate agency instructions, 9 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in TF6 (Telford)

51.78%

Property prices in Telford increased by 51.78% 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 TF6 (Telford) Over the Last Year

6.66%

Property prices in Telford increased by 6.66% 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.

Property Market Heat Gauge for TF6 (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 TF6 (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 TF6 (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 TF6 (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 TF6 (Telford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TF6 postcode area since 1995.

Recent Sales in TF6 (Telford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Old Grammar School, Shrewsbury Road, High Ercall, Telford, Wrekin, TF6 6AE	£550,000	£175,000	-£375,000	11 Jun 2020	13 Aug 2024	1524 Days
9 New Works Lane, New Works, Telford, Wrekin, TF6 5BS	£200,000	£165,000	-£35,000	30 Nov 2023	01 Mar 2024	92 Days
44 Coppice Drive, High Ercall, Telford, Wrekin, TF6 6BX	£275,000	£265,000	-£10,000	10 Aug 2023	16 Feb 2024	190 Days
1 The Avenue, Wrockwardine, Telford, Wrekin, TF6 5DE	£250,000	£228,000	-£22,000	15 Sep 2023	17 Jan 2024	124 Days
24 Park Lane, High Ercall, Telford, Wrekin, TF6 6AY	£360,000	£357,000	-£3,000	12 Jul 2023	01 Dec 2023	142 Days
1 The Avenue, Sugden, Telford, Wrekin, TF6 6ND	£290,000	£265,000	-£25,000	27 Jan 2023	22 Nov 2023	299 Days
7 Orchard Close, Waters Upton, Telford, Wrekin, TF6 6NX	£395,000	£395,000	£00	23 Mar 2023	22 Aug 2023	152 Days
6 Park Lane, High Ercall, Telford, Wrekin, TF6 6BA	£110,000	£107,500	-£2,500	18 Apr 2023	16 Aug 2023	120 Days
2 Cleveland Avenue, High Ercall, Telford, Wrekin, TF6 6AH	£235,000	£225,000	-£10,000	22 Nov 2022	15 Jun 2023	205 Days
1 Upton Stones, Waters Upton, Telford, Wrekin, TF6 6NL	£400,000	£400,000	£00	09 Aug 2022	21 Feb 2023	196 Days
16 Talbot Fields, High Ercall, Telford, Wrekin, TF6 6LZ	£335,000	£307,500	-£27,500	09 Jul 2022	17 Feb 2023	223 Days
4 Burcot Row, Wrockwardine, Telford, Wrekin, TF6 5DN	£280,000	£265,000	-£15,000	01 Sep 2022	20 Jan 2023	141 Days
2 New Works Lane, New Works, Telford, Wrekin, TF6 5BS	£700,000	£700,000	£00	01 Jun 2022	16 Dec 2022	198 Days
50 Coppice Drive, High Ercall, Telford, Wrekin, TF6 6BX	£310,000	£307,000	-£3,000	07 Jun 2022	29 Nov 2022	175 Days
2 South View, Wrockwardine, Telford, Wrekin, TF6 5DJ	£280,000	£280,000	£00	11 Aug 2022	21 Nov 2022	102 Days
5 Cliff Crescent, Ellerdine, Telford, Wrekin, TF6 6QS	£225,000	£190,000	-£35,000	20 Feb 2020	21 Oct 2022	974 Days
8 Meadow Drive, Walcot, Telford, Wrekin, TF6 5EL	£295,000	£290,000	-£5,000	12 Apr 2022	16 Sep 2022	157 Days
7 Weald Moors Park, Preston, Telford, Wrekin, TF6 6DQ	£249,950	£240,000	-£9,950	08 Jan 2021	03 Aug 2022	572 Days
57 Talbot Fields, High Ercall, Telford, Shropshire, TF6 6LY	£325,000	£325,000	£00	25 Feb 2022	29 Jun 2022	124 Days
4 Sytch Lane, Waters Upton, Telford, Wrekin, TF6 6NT	£270,000	£250,000	-£20,000	21 Feb 2022	13 May 2022	81 Days

Most Expensive Streets in TF6 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF6 5BD	Little Wenlock	Telford	£666,778	3
TF6 6JG	Crudgington	Telford	£628,375	4
TF6 6DT	Horton	Telford	£596,193	15
TF6 6LE	Red House Farm, Longdon Upon Tern	Telford	£590,833	3
TF6 5EE	Allscott	Telford	£576,833	3
TF6 6PQ	Great Bolas	Telford	£555,000	4
TF6 6DQ	Weald Moors Park, Preston	Telford	£547,500	4
TF6 6DW	Horton	Telford	£538,375	4
TF6 6DH	Preston	Telford	£512,500	7
TF6 6PN	Bolas Road, Ercall Heath	Telford	£498,000	5

Least Expensive Streets in TF6 (Telford)

Postcode	Street	Area	Average	No. of Sales
TF6 5DL	Wrekin View, Wrockwardine	Telford	£169,285	7
TF6 6AH	Cleveland Avenue, High Ercall	Telford	£197,000	5
TF6 6QS	Cliff Crescent, Ellerdine	Telford	£202,800	5
TF6 6AZ	Crossfields, High Ercall	Telford	£216,000	3
TF6 5EL	Meadow Drive, Walcot	Telford	£240,000	5
TF6 6BN	Marlbrook Way, Roden	Telford	£242,016	6
TF6 5DT	Vesey Court, Wellington	Telford	£249,375	12
TF6 6QL	City Road, Ellerdine	Telford	£250,666	3
TF6 5FD	Sugar Beet Avenue, Allscott	Telford	£251,457	52
TF6 5BF	Vesey Court, Wellington	Telford	£253,173	17