Princess Drive - WV16 4LP
Key Postcode Insights
WV16 4LP is a residential postcode situated on Princess Drive, Bridgnorth, WV16 with 6 addresses.
It ranks as the 191st largest and 504th most expensive of the 815 postcodes in the WV16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
- Ave. Sale Price
- £331,957
- 10 Year change
- up 39.9%
- Ave. Rental Price
- £1,015pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £362/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
WV16 4LP is a residential postcode situated on Princess Drive, Bridgnorth, WV16 with 6 addresses.
It ranks as the 191st largest and 504th most expensive of the 815 postcodes in the WV16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
- Ave. Sale Price
- £331,957
- 10 Year change
- up 39.9%
- Ave. Rental Price
- £1,015pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £362/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin WV16 4LP
- 2 Princess Drive
Building | 2 Flats
- 4 Princess Drive
3 Bed Mid-century House
- 6 Princess Drive
House
- 8 Princess Drive
House
- 10 Princess Drive
3 Bed House
Sales Market Trends
The last sale in WV16 4LP sold for £275,000 on 8th July 2020. Since then prices are up an average of 24.8%.
The current average value in the postcode is £331,957.
The WV16 4LP Sales Market has increased by 39.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £331,957 |
| June 2025 | 3.7% | £334,498 |
| June 2024 | 2.2% | £322,511 |
| June 2023 | -0.4% | £315,466 |
| June 2022 | 12.6% | £316,780 |
| June 2021 | 5.4% | £281,449 |
| June 2020 | 0.4% | £267,088 |
| June 2019 | 5.3% | £266,117 |
| June 2018 | 1.7% | £252,818 |
| June 2017 | 4.7% | £248,494 |
| June 2016 | 0.7% | £237,324 |
| June 2015 | 4.6% | £235,782 |
| June 2014 | 2% | £225,406 |
| June 2013 | -0.3% | £221,034 |
| June 2012 | 0.7% | £221,752 |
| June 2011 | -4.9% | £220,265 |
| June 2010 | 0.1% | £231,581 |
| June 2009 | -7.3% | £231,417 |
| June 2008 | -3.7% | £249,546 |
| June 2007 | 0% | £259,253 |
Rental Market Trends
The current average rental value in the postcode is £1,015.
The WV16 4LP Rental Market has increased by 56.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,015pcm |
| June 2025 | 7.4% | £977pcm |
| June 2024 | 7.7% | £910pcm |
| June 2023 | 6.3% | £845pcm |
| June 2022 | 7.3% | £795pcm |
| June 2021 | 6.1% | £741pcm |
| June 2020 | 2.8% | £699pcm |
| June 2019 | 2.4% | £680pcm |
| June 2018 | 0% | £664pcm |
| June 2017 | 2.5% | £664pcm |
| June 2016 | 2.3% | £647pcm |
| June 2015 | 1.9% | £633pcm |
| June 2014 | 2.4% | £621pcm |
| June 2013 | -1.3% | £607pcm |
| June 2012 | 0.8% | £615pcm |
| June 2011 | 1.7% | £609pcm |
| June 2010 | 2.9% | £599pcm |
| June 2009 | -7.8% | £582pcm |
| June 2008 | 3.1% | £631pcm |
| June 2007 | 0% | £612pcm |
Sales History
The last sale was on 8th July 2020 for £275,000 and since then the market in the area has increased by 24.8%. The postcode has had a total of 3 sales since 1995.
WV16 4LP has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2020£275,000 | 3 Bed House4, Princess Drive, Bridgnorth, WV16 4LP4, Princess Drive, Bridgnorth, WV16 4LP
- Sold Dec 2009£235,000 | 3 Bed House10, Princess Drive, Bridgnorth, WV16 4LP10, Princess Drive, Bridgnorth, WV16 4LP
- Sold Feb 2003£160,000 | 3 Bed House8, Princess Drive, Bridgnorth, WV16 4LP8, Princess Drive, Bridgnorth, WV16 4LP
Nearby Postcodes
WV16 4LP is the 191st largest and the 504th most expensive postcode out of the 815 postcodes in the WV16 area.
- WV16 4LN, Victoria Road, Bridgnorth, WV16WV16 4LN2 Addresses|93 m away
- WV16 4LW, Princess Drive, Bridgnorth, WV16WV16 4LW17 Addresses|95 m away
- WV16 4RT, Linley View Drive, Bridgnorth, WV16WV16 4RT62 Addresses|131 m away
- WV16 4JE, Queensway Drive, Bridgnorth, WV16WV16 4JE23 Addresses|140 m away
- WV16 4LR, Whitmore Close, Bridgnorth, WV16WV16 4LR22 Addresses|141 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- mid-century house (1)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Oct 2023£385,000 | 4 Bed House29, Princess Drive, Bridgnorth, WV16 4LW29, Princess Drive, Bridgnorth, WV16 4LW
- Sold Feb 2023£349,950 | 3 Bed House25, Princess Drive, Bridgnorth, WV16 4LW25, Princess Drive, Bridgnorth, WV16 4LW
- Sold Jun 2022£335,000 | 3 Bed House23, Princess Drive, Bridgnorth, WV16 4LW23, Princess Drive, Bridgnorth, WV16 4LW
Schools Nearby
- St Leonard's CofE Primary School700 m away
- St John's Catholic Primary School, A Voluntary Academy700 m away
- Castlefields Primary School1.3 km away
- Bridgnorth Endowed School1.0 km away
- Oldbury Wells School1.4 km away
- Haberdashers' Abraham Darby10.5 km away
More reading links
Public Transport Nearby
The closest station to WV16 4LP is Cosford station, which is 14.3 kilometres away.
- Cosford|14.3 km away
- Shifnal|14.4 km away
- Albrighton|15.4 km away
- Telford Central|15.4 km away