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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