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House Prices in WR15

The average house price in WR15 (Tenbury Wells) is £223,333 using HM Land Registry data.

The average property price increased by £57,874 (36.72%) over the last 5 years and increased by £11,596 (5.17%) over the last 12 months.

Over the last year, there were 54 residential property sales – a decrease of 30 transactions (-55.56%) relative to the previous year. The majority of house sales (19) were in the £170,000 - £264,000 range. Then came properties in the £264,000 - £358,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,500 (0%).

In Oct 24, there were 15 new estate agency instructions, 8 agreed home sales and 4 property price reductions.

5-Year Average Property Prices in WR15 (Tenbury Wells)

36.72%

Property prices in Tenbury Wells increased by 36.72% 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 WR15 (Tenbury Wells) Over the Last Year

5.17%

Property prices in Tenbury Wells increased by 5.17% 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 WR15 (Tenbury Wells) - 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 WR15 (Tenbury Wells)

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 WR15 (Tenbury Wells)

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 WR15 (Tenbury Wells)

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 WR15 (Tenbury Wells) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WR15 postcode area since 1995.

Recent Sales in WR15 (Tenbury Wells)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
4 Burleigh Close, Tenbury Wells, Worcestershire, WR15 8DN	£295,000	£290,000	-£5,000	21 Apr 2024	02 Aug 2024	103 Days
16 Godsons Close, Tenbury Wells, Worcestershire, WR15 8HY	£260,000	£247,500	-£12,500	11 Apr 2024	31 Jul 2024	111 Days
47 Stanbrook Road, Burford, Tenbury Wells, Shropshire, WR15 8AN	£235,000	£227,500	-£7,500	12 Feb 2024	21 Jun 2024	130 Days
Romers Cottage South, Romers Common, Bockleton, Tenbury Wells, Worcestershire, WR15 8PU	£390,000	£350,000	-£40,000	06 Jul 2015	12 Apr 2024	3203 Days
26 Long Meadow, Burford, Tenbury Wells, Shropshire, WR15 8DT	£179,950	£179,000	-£950	29 Nov 2023	12 Apr 2024	135 Days
10 Godsons Close, Tenbury Wells, Worcestershire, WR15 8HY	£265,000	£253,500	-£11,500	21 Apr 2023	05 Mar 2024	319 Days
35 Mill Meadow, Tenbury Wells, Worcestershire, WR15 8HX	£340,000	£320,000	-£20,000	14 Jul 2023	26 Feb 2024	227 Days
61 Berrington Road, Tenbury Wells, Worcestershire, WR15 8EL	£550,000	£550,000	£00	07 Nov 2023	04 Jan 2024	58 Days
18 Holly Road, Burford, Tenbury Wells, Shropshire, WR15 8NE	£154,950	£80,000	-£74,950	16 Mar 2015	20 Dec 2023	3201 Days
28 Bromyard Road, Tenbury Wells, Worcestershire, WR15 8DB	£375,000	£375,000	£00	03 Aug 2023	30 Nov 2023	119 Days
Tegfan, Cornwall Gardens, Tenbury Wells, Worcestershire, WR15 8EU	£400,000	£390,000	-£10,000	14 Apr 2023	18 Oct 2023	187 Days
14 Oak Tree Close, Burford, Tenbury Wells, Shropshire, WR15 8NQ	£199,950	£195,000	-£4,950	15 Jul 2023	01 Sep 2023	48 Days
Glebe House, Oldwood Road, St Michaels, Tenbury Wells, Worcestershire, WR15 8PH	£750,000	£750,000	£00	25 Nov 2022	02 Aug 2023	250 Days
14 Meadow Rise, Burford, Tenbury Wells, Shropshire, WR15 8DZ	£220,000	£211,000	-£9,000	15 Apr 2023	28 Jul 2023	104 Days
Redgate, Bromyard Road, Tenbury Wells, Worcestershire, WR15 8BS	£795,000	£780,000	-£15,000	29 Aug 2022	11 Jan 2023	135 Days
24 Forresters Road, Burford, Tenbury Wells, Shropshire, WR15 8AT	£300,000	£280,000	-£20,000	08 Jul 2022	25 Nov 2022	140 Days
76 Kyreside, Tenbury Wells, Worcestershire, WR15 8BX	£200,000	£197,500	-£2,500	26 Apr 2022	10 Oct 2022	167 Days
Baymount Cottage, Clee Hill Road, Tenbury Wells, Shropshire, WR15 8HL	£549,000	£547,527	-£1,473	17 Jul 2019	08 Jul 2022	1087 Days
6 Dean Close, Burford, Tenbury Wells, Shropshire, WR15 8NG	£300,000	£287,500	-£12,500	06 Jan 2022	10 Jun 2022	155 Days
20 Bromyard Road, Tenbury Wells, Worcestershire, WR15 8BZ	£210,000	£200,000	-£10,000	23 Nov 2021	06 Apr 2022	134 Days

Most Expensive Streets in WR15 (Tenbury Wells)

Postcode	Street	Area	Average	No. of Sales
WR15 8LY	Knighton On Teme	Tenbury Wells	£758,500	3
WR15 8SL	Rochford	Tenbury Wells	£690,000	4
WR15 8LH	Boraston	Tenbury Wells	£686,666	3
WR15 8LX	Woodgate Green, Knighton On Teme	Tenbury Wells	£503,000	4
WR15 8TQ	Berrington Green	Tenbury Wells	£482,666	3
WR15 8NA	Knighton On Teme	Tenbury Wells	£476,750	4
WR15 8QH	Stoke Bliss	Tenbury Wells	£475,000	3
WR15 8PU	Romers Common, Bockleton	Tenbury Wells	£460,000	4
WR15 8TB	Oldwood	Tenbury Wells	£450,000	5
WR15 8DD	Terrills Lane	Tenbury Wells	£448,200	5

Least Expensive Streets in WR15 (Tenbury Wells)

Postcode	Street	Area	Average	No. of Sales
WR15 8EZ	Orchard Court	Tenbury Wells	£138,709	16
WR15 8EF	Cross Street	Tenbury Wells	£146,375	4
WR15 8BT	Scotland Place	Tenbury Wells	£147,687	4
WR15 8DZ	Meadow Rise, Burford	Tenbury Wells	£161,125	4
WR15 8QF	Swan Court, Burford	Tenbury Wells	£161,300	5
WR15 8NQ	Oak Tree Close, Burford	Tenbury Wells	£167,090	11
WR15 8PE	Iverley Court, Burford	Tenbury Wells	£170,600	5
WR15 8DT	Long Meadow, Burford	Tenbury Wells	£184,750	4
WR15 8DH	Dark Orchard	Tenbury Wells	£203,666	6
WR15 8BG	Greenhill Close	Tenbury Wells	£211,064	7