For 2016 Details :Telford and Wrekin Property Market 2016 at Postcode Level with School Details

Story Highlights

• Telford and Wrekin had total property sales of £531 millions in 2015
• The total number of properties sold in 2015 was 3,119 properties
• The average sales price in Telford and Wrekin was £170 K, whereas median was £146 K
• New Property sales were 24.23% by value, whereas Not New Property contributed 75.77%

 Telford and Wrekin has unitary authority status in West Midlands.

Total Sales By Property Type

Telford and Wrekin had total property sales of £531 millions. It contributed 2.86% of the West Midlands Property Market 2015.

The split across the different property types was:

• Detached at £236 millions (44.44%)
• Semi-Detached at £131 millions (24.72%)
• Terraced at £108 millions (20.38%)
• Other at £40 millions (7.46%)
• Flat/Maisonette at £16 millions (3%)

Total No Of Properties Sold By Property Type

The total property sales of £531 millions in 2015 was spread over 3119 properties.

• Detached at 1025 (32.86%) 
• Terraced at 892 (28.6%)
• Semi-Detached at 958(30.71%)  
• Flat/Maisonette at 197(6.32%)
• Others at 47 (1.51%)

Average & Median Sales Price

The average sales price in Telford and Wrekin was £170 K. For the different property types it was:

• Detached at £230 K
• Semi-Detached £137 K
• Terraced at £121 K
• Flat/Maisonette at £81 K
• Other it is at £843 K

 The median sales price in Telford and Wrekin was £146 K. For the different property types it was

• Detached at £216 K
• Semi-Detached at £131 K
• Terraced at £115 K
• Flat/Maisonette at £70 K
• Other it is at £285 K

New Vs Not New Property Statistics

By Value Of Sales

• New Property contributed £129 millions (24.23%)
• where as Not New Property contributed £402 millions (75.77%)

By Number Of Sales

• New properties sold were 709 (22.73%)
• Not new property sold were 2410 (77.27%)

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