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House Prices in WV16 House Prices in WV16 (Bridgnorth)

The average house price in WV16 (Bridgnorth) is £281,694 using HM Land Registry data.

The average property price increased by £70,000 (24.74%) over the last 5 years and increased by £14,025 (3.76%) over the last 12 months.

Over the last year, there were 162 residential property sales – a decrease of 83 transactions (-51.23%) relative to the previous year. The majority of house sales (49) were in the £210,000 - £300,000 range. Then came properties in the £120,000 - £210,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,752 (-3%).

In Oct 24, there were 42 new estate agency instructions, 23 agreed home sales and 23 property price reductions.

Nearby Postcodes: DY11, DY12, DY13, DY14, DY7, HR6, LD7, LD8, ST19, ST20, SY15, SY16, SY5, SY6, SY7, SY8, SY9, TF10, TF11, TF12, TF13, TF2, TF3, TF4, TF6, TF7, TF8, WR15, WR6, WV15, WV5, WV6, WV7, WV8, WV99

5-Year Average Property Prices in WV16 (Bridgnorth)

24.74%

Property prices in Bridgnorth increased by 24.74% 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 WV16 (Bridgnorth) Over the Last Year

3.76%

Property prices in Bridgnorth increased by 3.76% 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 WV16 (Bridgnorth) - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 WV16 (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 WV16 (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 WV16 (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 WV16 (Bridgnorth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the WV16 postcode area since 1995.

Recent Sales in WV16 (Bridgnorth)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
69 Redstone Drive, Highley, Bridgnorth, Shropshire, WV16 6EQ£360,000£350,000-£10,00015 Mar 202422 Aug 2024160 Days
53 Woodhill Road, Highley, Bridgnorth, Shropshire, WV16 6HU£150,000£135,000-£15,00009 Nov 202320 Aug 2024285 Days
60a, Hook Farm Road, Bridgnorth, Shropshire, WV16 4SD£85,000£85,000£0030 May 202419 Aug 202481 Days
Oak Lodge, Blything Court, Highley, Bridgnorth, Shropshire, WV16 6JQ£400,000£360,000-£40,00009 Apr 202413 Aug 2024126 Days
25 East Castle Street, Bridgnorth, Shropshire, WV16 4AN£925,000£890,000-£35,00019 Sep 202309 Aug 2024325 Days
69 Woodhill Road, Highley, Bridgnorth, Shropshire, WV16 6HU£165,000£165,000£0024 Apr 202408 Aug 2024106 Days
41 Listley Street, Bridgnorth, Shropshire, WV16 4AW£150,000£150,000£0020 Mar 202405 Aug 2024138 Days
18 Coronation Street, Highley, Bridgnorth, Shropshire, WV16 6JX£139,950£138,650-£1,30003 Apr 202402 Aug 2024121 Days
47 Tasley Close, Bridgnorth, Shropshire, WV16 4PE£119,950£119,950£0011 Jan 202402 Aug 2024204 Days
46 Hazelwells Road, Highley, Bridgnorth, Shropshire, WV16 6DJ£260,000£252,500-£7,50012 Mar 202401 Aug 2024142 Days
51 Linley View Drive, Bridgnorth, Shropshire, WV16 4RT£335,000£322,000-£13,00005 Apr 202431 Jul 2024117 Days
4 Whitmore Close, Bridgnorth, Shropshire, WV16 4LR£340,000£332,000-£8,00024 Apr 202431 Jul 202498 Days
10 Captains Road, Bridgnorth, Shropshire, WV16 5HZ£300,000£300,000£0015 Sep 202319 Jul 2024308 Days
7 Silverdale Terrace, Highley, Bridgnorth, Shropshire, WV16 6LX£140,000£140,000£0015 Feb 202405 Jul 2024141 Days
73 Woodhill Road, Highley, Bridgnorth, Shropshire, WV16 6HU£175,000£150,000-£25,00010 Jan 202426 Jun 2024168 Days
Cantreyn High, Cross Lane Head, Bridgnorth, Shropshire, WV16 4SJ£599,950£560,000-£39,95019 Jan 202424 Jun 2024157 Days
18 Bramble Ridge, Bridgnorth, Shropshire, WV16 4SQ£580,000£565,000-£15,00013 Mar 202414 Jun 202493 Days
43 Friars Street, Bridgnorth, Shropshire, WV16 4BJ£400,000£397,500-£2,50026 Apr 202414 Jun 202449 Days
131 Victoria Road, Bridgnorth, Shropshire, WV16 4LL£314,950£300,000-£14,95018 Jul 202324 May 2024311 Days
15 Bramble Ridge, Bridgnorth, Shropshire, WV16 4SQ£450,000£425,000-£25,00008 Dec 202320 May 2024164 Days

Most Expensive Streets in WV16 (Bridgnorth)

PostcodeStreetAreaAverageNo. of Sales
WV16 4SWAstley AbbottsBridgnorth£712,4916
WV16 4SJCross Lane HeadBridgnorth£662,5004
WV16 6SFUpper Netchwood, MonkhoptonBridgnorth£610,0003
WV16 4HELove LaneBridgnorth£598,3333
WV16 5JHDeightons CloseBridgnorth£596,6663
WV16 6SQDitton PriorsBridgnorth£591,2504
WV16 6QTWheathillBridgnorth£585,7504
WV16 4SGBrook HollowBridgnorth£581,2504
WV16 5DZFells Orchard, OldburyBridgnorth£540,8663
WV16 5AFLudlow RoadBridgnorth£518,3333

Least Expensive Streets in WV16 (Bridgnorth)

PostcodeStreetAreaAverageNo. of Sales
WV16 4RAHook Farm RoadBridgnorth£81,3754
WV16 4SDHook Farm RoadBridgnorth£82,3839
WV16 6LYBorle Brook Court, HighleyBridgnorth£92,8507
WV16 4DAKings LoadeBridgnorth£109,79017
WV16 4BYUnderhill StreetBridgnorth£110,85922
WV16 5BRTalbot Court, Salop Street, BridgnorthBridgnorth£126,46024
WV16 6JYRhea Hall Estate, HighleyBridgnorth£129,1663
WV16 6JXCoronation Street, HighleyBridgnorth£131,6504
WV16 6LXSilverdale Terrace, HighleyBridgnorth£135,9874
WV16 6HWAsh Street, HighleyBridgnorth£140,7374

Explore WV16 (Bridgnorth) using map

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