House Prices in TF9 House Prices in TF9 (Market Drayton)

The average house price in TF9 (Market Drayton) is £331,250 using HM Land Registry data.

The average property price increased by £90,259 (32.88%) over the last 5 years and increased by £18,085 (4.74%) over the last 12 months.

Over the last year, there were 213 residential property sales – a decrease of 144 transactions (-67.61%) relative to the previous year. The majority of house sales (65) were in the £160,000 - £234,000 range. Then came properties in the £308,000 - £382,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 91 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,917 (-3%).

In Oct 24, there were 69 new estate agency instructions, 54 agreed home sales and 48 property price reductions.

5-Year Average Property Prices in TF9 (Market Drayton)

32.88%

Property prices in Market Drayton increased by 32.88% 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 TF9 (Market Drayton) Over the Last Year

4.74%

Property prices in Market Drayton increased by 4.74% 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 TF9 (Market Drayton) - 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 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 TF9 (Market Drayton)

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 TF9 (Market Drayton)

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 TF9 (Market Drayton)

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 TF9 (Market Drayton) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TF9 postcode area since 1995.

Recent Sales in TF9 (Market Drayton)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 The Westfields, Cheswardine, Market Drayton, Shropshire, TF9 2PJ£280,000£270,000-£10,00012 Apr 202423 Aug 2024133 Days
8 Annefield Close, Market Drayton, Shropshire, TF9 1HT£450,000£435,000-£15,00010 Apr 202422 Aug 2024134 Days
3 Dog Kennel Lane, Market Drayton, Shropshire, TF9 1JX£360,000£355,000-£5,00009 Feb 202402 Aug 2024175 Days
10 Corbet Drive, Adderley, Market Drayton, Shropshire, TF9 3LW£385,000£355,000-£30,00003 Jan 202426 Jul 2024205 Days
6 Bletchley Road, Moreton Wood, Market Drayton, Shropshire, TF9 3RY£175,000£170,000-£5,00014 Feb 202425 Jul 2024162 Days
Chapel House, Newport Road, Woodseaves, Market Drayton, Shropshire, TF9 2AP£385,000£385,000£0013 Mar 202422 Jul 2024131 Days
15 Parker Bowles Drive, Market Drayton, Shropshire, TF9 3EU£375,000£350,000-£25,00020 Mar 202418 Jul 2024120 Days
2 Steppes Way, Childs Ercall, Market Drayton, Shropshire, TF9 2BN£365,000£345,000-£20,00015 Nov 202312 Jul 2024240 Days
11 Brookfield, Loggerheads, Market Drayton, Staffordshire, TF9 4RW£338,000£330,000-£8,00002 May 202428 Jun 202457 Days
3 Hemp Mill Walk, Loggerheads, Market Drayton, Staffordshire, TF9 4EY£500,000£490,000-£10,00020 Sep 202328 Jun 2024282 Days
14 Mucklestone Road, Loggerheads, Market Drayton, Staffordshire, TF9 4DA£195,000£185,000-£10,00022 Jan 202428 Jun 2024158 Days
Sandy Cottage, Main Road, Norton In Hales, Market Drayton, Shropshire, TF9 4AT£350,000£350,000£0007 Feb 202426 Jun 2024140 Days
1 Aumbry Close, Market Drayton, Shropshire, TF9 3QA£170,000£164,000-£6,00028 Feb 202419 Jun 2024112 Days
24 Birch Rise, Ashley Heath, Market Drayton, Staffordshire, TF9 4QA£265,000£260,000-£5,00012 Apr 202418 Jun 202467 Days
Franmar, Chapel Lane, Hookgate, Market Drayton, Staffordshire, TF9 4QP£425,000£425,000£0022 Jan 202413 Jun 2024143 Days
110 Frogmore Road, Market Drayton, Shropshire, TF9 3AR£150,000£146,500-£3,50007 Nov 202307 Jun 2024213 Days
North Lodge, Bearstone Road, Norton In Hales, Market Drayton, Shropshire, TF9 4AP£395,000£390,000-£5,00008 Apr 202403 Jun 202456 Days
2 Avon Grove, Loggerheads, Market Drayton, Staffordshire, TF9 4EA£365,000£348,000-£17,00025 Sep 202331 May 2024249 Days
12 Dairy Close, Market Drayton, Shropshire, TF9 1EB£225,000£210,000-£15,00003 Apr 202431 May 202458 Days
33 Frogmore Road, Market Drayton, Shropshire, TF9 3AU£130,000£127,500-£2,50014 Mar 202424 May 202471 Days

Most Expensive Streets in TF9 (Market Drayton)

PostcodeStreetAreaAverageNo. of Sales
TF9 4DWWinningtonMarket Drayton£970,3283
TF9 4PWPinewood Road, Ashley HeathMarket Drayton£734,6119
TF9 2FFWhitley Fields, Eaton On TernMarket Drayton£721,4287
TF9 3LJKenstone, HodnetMarket Drayton£609,3754
TF9 4PUTower Road, Ashley HeathMarket Drayton£595,0003
TF9 2NPPark Heath, CheswardineMarket Drayton£590,0003
TF9 2DYWarrant Road, Stoke On TernMarket Drayton£551,6666
TF9 2LNWoodseavesMarket Drayton£550,5003
TF9 3QYLongslowMarket Drayton£529,5005
TF9 4QPChapel Lane, HookgateMarket Drayton£523,8758

Least Expensive Streets in TF9 (Market Drayton)

PostcodeStreetAreaAverageNo. of Sales
TF9 3BURodenhurst House, Frogmore RoadMarket Drayton£49,1663
TF9 1PBMercian CourtMarket Drayton£92,10818
TF9 3USBevan WayMarket Drayton£103,4983
TF9 1ARSalisbury RoadMarket Drayton£108,2506
TF9 3QQRiverside Drive, Tern HillMarket Drayton£120,6427
TF9 1QHHawthorn WayMarket Drayton£123,2005
TF9 4QSPine Court, LoggerheadsMarket Drayton£126,9005
TF9 3TYGoosefield CloseMarket Drayton£127,1005
TF9 3AQVictoria CourtMarket Drayton£135,0003
TF9 1EFDrayton Mill CourtMarket Drayton£136,6663

Explore TF9 (Market Drayton) using map