Telford property prices

The average property price in Telford postcode area is £225k. The average price increased by £21.0k (10%) over the last twelve months. The price of an established property is £221k. The price of a newly built property is £261k. There were 2.7k property sales and sales dropped by 28.7% (-1.1k transactions). Most properties were sold in the £150k-£200k price range with 622 (23.0%) properties sold, followed by £100k-£150k price range with 581 (21.5%) properties sold.

June 2020 - May 2021

Telford postcode area

England and Wales

£225k

average property price

£332k

average property price

10%

average price percentage change

10%

average price percentage change

£21.0k

average price change

£30.7k

average price change

Telford house prices map

This price map shows the average property price in a given postcode sector between June 2020 - May 2021. The most affordable place was 'TF3 2' with the average price of £130k. The most expensive place was 'TF10 9', £393k.

Telford house prices map

Telford house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between June 2020 - May 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Telford house prices compared to other areasAverage price percentage change
Average property price

Telford house price rank

With the average price of £225k, Telford is the 33. cheapest postcode area out of 105 England and Wales' postcode areas.

Telford house price rank

Telford property sales share by price range

shows a number of properties sold in a given price range between June 2020 - May 2021.

Telford property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.3%7
£50k-£100k10.2%275
£100k-£150k21.5%581
£150k-£200k23.0%622
£200k-£250k13.9%377
£250k-£300k10.5%285
£300k-£400k11.5%312
£400k-£500k5.0%134
£500k-£750k3.5%94
£750k-£1M0.7%18

Telford cost comparison of new homes and older homes

June 2020 - May 2021

Telford cost comparison of new homes and older homes

£261k

A newly built property

£221k

An established property

Telford cost comparison of houses and flats

June 2020 - May 2021

Telford cost comparison of houses and flats

£325k

Detached

£95.4k

Flat

£176k

Semi-Detached

£151k

Terraced

Telford real house prices

Yearly average nominal house prices adjusted for inflation.

Telford real house prices

Telford house prices compared to England & Wales' house prices

Yearly average nominal prices

Telford house prices

Telford house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Telford house prices and nearby areas

Yearly average nominal prices

Telford house prices and nearby areas

Telford house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Telford house prices new vs established

Telford house prices by property type

Yearly average nominal prices

Telford house prices by property type

Telford house price to earnings ratio

The median property price to median earnings ratio is ranging between 6.3 in Telford and Wrekin and 7.3 in Shropshire. Ie. Telford and Wrekin resident with middle-income needs 6.3 gross annual salaries to buy a medium-priced property. Resident in Shropshire needs 7.3 annual salaries. The England and Wales ratio was 7.7 in 2019.
Telford house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
Telford and Wrekin6.3
Shropshire7.3
England and Wales7.7

Other reports for Telford postcode area

new home prices

property transactions

salary and unemployment

population statistics

home energy certificates

energy costs

home features

crime statistics

Homeimage/svg+xmlOpencliparteco green house icon2012-05-29T15:40:56https://openclipart.org/detail/170282/eco-green-house-icon-by-cybergedeondominiquechappardecologygreenhomehouseicon