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House Prices in WV15

The average house price in WV15 (Bridgnorth) is £474,333 using HM Land Registry data.

The average property price increased by £114,155 (13.58%) over the last 5 years and increased by £22,821 (2.24%) over the last 12 months.

Over the last year, there were 60 residential property sales – a decrease of 57 transactions (-95.00%) relative to the previous year. The majority of house sales (21) were in the £262,000 - £344,000 range. Then came properties in the £180,000 - £262,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 32 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,690 (-1%).

In June 2024, there were 22 new estate agency instructions, 15 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in WV15 (Bridgnorth)

13.58%

Property prices in Bridgnorth increased by 13.58% 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 WV15 (Bridgnorth) Over the Last Year

2.24%

Property prices in Bridgnorth increased by 2.24% 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 WV15 (Bridgnorth) - June 2024

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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 WV15 (Bridgnorth)

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 WV15 (Bridgnorth)

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 WV15 (Bridgnorth)

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 WV15 (Bridgnorth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WV15 postcode area since 1995.

Recent Sales in WV15 (Bridgnorth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
45 Well Meadow, Bridgnorth, Shropshire, WV15 6DG	£255,000	£240,000	-£15,000	24 Apr 2024	17 May 2024	23 Days
47 Well Meadow, Bridgnorth, Shropshire, WV15 6DG	£260,000	£250,000	-£10,000	21 Jun 2023	10 May 2024	324 Days
11 Greenleys Crescent, Alveley, Bridgnorth, Shropshire, WV15 6PQ	£290,000	£285,000	-£5,000	03 Jan 2024	26 Apr 2024	114 Days
11 Lavington View, Bridgnorth, Shropshire, WV15 6BJ	£330,000	£320,000	-£10,000	07 Sep 2023	15 Mar 2024	190 Days
27 Bernards Hill, Bridgnorth, Shropshire, WV15 5AS	£200,000	£198,000	-£2,000	13 Nov 2023	11 Mar 2024	119 Days
9 Hillside Avenue, Bridgnorth, Shropshire, WV15 6BS	£290,000	£278,000	-£12,000	12 Oct 2023	09 Feb 2024	120 Days
17 Bridge Road, Alveley, Bridgnorth, Shropshire, WV15 6JN	£359,950	£338,500	-£21,450	21 Apr 2023	29 Jan 2024	283 Days
Morfe Cottage, Upper Farmcote, Bridgnorth, Shropshire, WV15 5PS	£825,000	£755,000	-£70,000	29 Sep 2023	19 Jan 2024	112 Days
68 Hillside Avenue, Bridgnorth, Shropshire, WV15 6BU	£240,000	£240,000	£00	06 Jul 2023	12 Jan 2024	190 Days
2 Meadway, Bridgnorth, Shropshire, WV15 6DJ	£280,000	£268,000	-£12,000	28 Mar 2023	12 Jan 2024	290 Days
The Elms, Hallon, Worfield, Bridgnorth, Shropshire, WV15 5JZ	£565,000	£550,261	-£14,739	17 Oct 2023	05 Jan 2024	80 Days
38 Grove Crescent, Bridgnorth, Shropshire, WV15 5BS	£130,000	£100,000	-£30,000	03 Jul 2020	20 Dec 2023	1265 Days
28 Cann Hall Drive, Bridgnorth, Shropshire, WV15 5BG	£259,995	£250,000	-£9,995	15 Sep 2023	01 Dec 2023	77 Days
10 Meadowbrook Close, Alveley, Bridgnorth, Shropshire, WV15 6PD	£270,000	£270,000	£00	20 Jun 2023	17 Nov 2023	150 Days
6 St Nicholas Crescent, Bridgnorth, Shropshire, WV15 5BN	£190,000	£186,000	-£4,000	08 Aug 2023	10 Nov 2023	94 Days
38 Well Meadow, Bridgnorth, Shropshire, WV15 6DE	£250,000	£220,000	-£30,000	10 Jul 2023	19 Oct 2023	101 Days
5 Wardle Close, Low Town, Bridgnorth, Shropshire, WV15 6AZ	£280,000	£275,000	-£5,000	16 Jun 2023	11 Oct 2023	117 Days
5 Washbrook Road, Bridgnorth, Shropshire, WV15 6BH	£350,000	£345,000	-£5,000	01 Nov 2022	15 Sep 2023	318 Days
46 Hillside Avenue, Bridgnorth, Shropshire, WV15 6BT	£300,000	£293,500	-£6,500	18 May 2023	14 Sep 2023	119 Days
25 Goodwood Avenue, Bridgnorth, Shropshire, WV15 5BD	£425,000	£420,000	-£5,000	18 Apr 2023	08 Sep 2023	143 Days

Most Expensive Streets in WV15 (Bridgnorth)

Postcode	Street	Area	Average	No. of Sales
WV15 5PS	Upper Farmcote	Bridgnorth	£651,833	3
WV15 6EF	Ridgewell Hill, Wootton	Bridgnorth	£600,357	14
WV15 5PD	Hilton	Bridgnorth	£565,000	4
WV15 5NE	Apley Park Mews	Bridgnorth	£526,928	7
WV15 6EB	Wootton	Bridgnorth	£516,666	3
WV15 6QD	Danesford	Bridgnorth	£493,237	4
WV15 5LS	Stableford	Bridgnorth	£449,125	8
WV15 6QJ	Quatford	Bridgnorth	£447,500	3
WV15 5NX	Chesterton	Bridgnorth	£421,312	4
WV15 6HX	Lowe Lane, Alveley	Bridgnorth	£420,416	3

Least Expensive Streets in WV15 (Bridgnorth)

Postcode	Street	Area	Average	No. of Sales
WV15 5AJ	St Johns Street	Bridgnorth	£119,316	3
WV15 6AR	Greyfriars House, Kings Court	Bridgnorth	£133,083	12
WV15 6LZ	Button Hall Close, Alveley	Bridgnorth	£142,000	3
WV15 6HG	Alveley	Bridgnorth	£150,333	3
WV15 5BS	Grove Crescent	Bridgnorth	£152,000	4
WV15 5EU	Hospital Street	Bridgnorth	£161,500	5
WV15 5EF	Lodge Lane	Bridgnorth	£162,500	4
WV15 5BN	St Nicholas Crescent	Bridgnorth	£169,800	5
WV15 6AG	Chequers Yard	Bridgnorth	£173,666	3
WV15 6JS	Oak Bank, Alveley	Bridgnorth	£176,125	4