WV16 5AB is a residential postcode situated on Ludlow Gate, Bridgnorth, WV16 with 6 addresses.
It ranks as the 198th largest and 740th most expensive of the 815 postcodes in the WV16 area.
The postcode contains a total of 6 properties: 6 houses.
WV16 5AB is a residential postcode situated on Ludlow Gate, Bridgnorth, WV16 with 6 addresses.
It ranks as the 198th largest and 740th most expensive of the 815 postcodes in the WV16 area.
The postcode contains a total of 6 properties: 6 houses.
Sale prices range from £587,070 for 4 bedroom freehold houses with a garden (1,652 ft2) to £660,568 for 5 bedroom freehold houses with a garden (1,991 ft2) .
Monthly rental prices range from £1,486 pcm for 4 bed houses to £1,663 pcm for 5 bed houses.
The gross rental yield is between 2.9% and 3.1%.
The average value per square foot is £343.
The last sale in WV16 5AB sold for £435,000 on 1st October 2014. Since then prices are up an average of 49.8%.
The current average value in the postcode is £616,999.
The WV16 5AB Sales Market has increased by 43.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £616,999 |
| April 2025 | 2.4% | £620,838 |
| April 2024 | 1% | £606,287 |
| April 2023 | 2.9% | £600,559 |
| April 2022 | 10.2% | £583,467 |
| April 2021 | 7.3% | £529,414 |
| April 2020 | -0.2% | £493,248 |
| April 2019 | 5.9% | £494,208 |
| April 2018 | 4.3% | £466,680 |
| April 2017 | 4.2% | £447,239 |
| April 2016 | 1% | £429,053 |
| April 2015 | 4.6% | £424,710 |
| April 2014 | 3.9% | £405,907 |
| April 2013 | 0.9% | £390,849 |
| April 2012 | 1.5% | £387,363 |
| April 2011 | -2% | £381,800 |
| April 2010 | 1.2% | £389,513 |
| April 2009 | -7.1% | £384,791 |
| April 2008 | -1.6% | £414,317 |
| April 2007 | 0% | £420,959 |
The current average rental value in the postcode is £1,530.
The WV16 5AB Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,530pcm |
| April 2025 | 6.5% | £1,487pcm |
| April 2024 | 6.9% | £1,397pcm |
| April 2023 | 7.2% | £1,307pcm |
| April 2022 | 6.8% | £1,219pcm |
| April 2021 | 6.6% | £1,142pcm |
| April 2020 | 2.7% | £1,071pcm |
| April 2019 | 2.9% | £1,043pcm |
| April 2018 | 0.1% | £1,013pcm |
| April 2017 | 4.4% | £1,013pcm |
| April 2016 | 3% | £970pcm |
| April 2015 | 2.2% | £942pcm |
| April 2014 | 3.5% | £922pcm |
| April 2013 | 0.3% | £890pcm |
| April 2012 | 3.2% | £888pcm |
| April 2011 | 3.5% | £861pcm |
| April 2010 | 3.5% | £832pcm |
| April 2009 | -5.7% | £804pcm |
| April 2008 | 3.8% | £853pcm |
| April 2007 | 0% | £822pcm |
The last sale was on 1st October 2014 for £435,000 and since then the market in the area has increased by 49.8%. The postcode has had a total of 8 sales since 1995.
WV16 5AB has seen no sales in the last three years and no sales in the last twelve months.
WV16 5AB is the 198th largest and the 740th most expensive postcode out of the 815 postcodes in the WV16 area.
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The closest station to WV16 5AB is Cosford station which is 15.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around WV16 5AB, 55.5% of property is privately owned outright and 35.2% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around WV16 5AB, 20.5% of residents are recorded as possessing school level qualifications and 45.7% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around WV16 5AB, the average age was 48.1 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around WV16 5AB, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around WV16 5AB, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.