Area Guide For Bridgnorth

Bridgnorth is a town in Shropshire, England, arranged on the Severn Valley. It is part into High Town and Low Town, named because of their heights with respect to the River Severn, which divides the upper town on the right bank from the lower on the left. The number of inhabitants in the town of Bridgnorth was 11,891 at the 2001 Census and a 2008 appraisal puts it at 12,216. Bridgnorth is named after a scaffold over the River Severn, that was constructed further north than a prior extension at Quatford. The soonest verifiable reference to the town is in 895, at which time it is recorded that the Danes made a camp at Cwatbridge, and thusly in 912, Ethelfleda developed a hill on the west bank of the River Severn, or perhaps on the site of Bridgnorth Castle, as a component of a hostile against the Danes. Earliest names for Bridgnorth incorporate Brigge, Brug and Bruges, all alluding to its position on the Severn. Currently the closest towns with dynamic line stations on the National Rail system are Telford and Wolverhampton. Be that as it may, Bridgnorth does still have a station on a dynamic legacy line, the Severn Valley Railway.


Bridgnorth Map

Estimated Price: £258,074
Average Asking Price: £314,854
Price change in last one year: £10,551
Average Price Paid: £209,171
Average Rent Rates: £664


Property Prices Breakdown in Bridgnorth

Average Price for property in Bridgnorth is around £258,074 which varies based on type of property you are interested in and ranges from £349,465 for detached house to around £203,966 for semi-detached. Similarly terraced house is around £188,273 and a flat is worth £164,967. Values have been changing and have risen £751 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,858 in last 6 months, £10,551 in last 1 year, £33,796 in last 2 years, £33,138 in last 3 years, £31,483 in last 4 years and £26,897 in last 5 years.

Currently average asking price of a property in Bridgnorth is around £314,854 based on approximately 266 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £664 per month.

Estimated property value in Bridgnorth is £258,074. Average asking price is £314,854 while average price paid is £208,775 which is up by £10,551 and Avg. asking rent £664.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bridgnorth area. In last 1 year alone average price buyer paid is around £208,775 based on approximately 266 sales in Bridgnorth area alone. If you compare it to last 3 years sales of 859 properties where buyers paid around £206,190. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £209,171 for 1,399 and average amount paid for purchase of approx. 1,939 properties sold in last 7 years comes to about £213,550 per sale.


Properties For Sale in Bridgnorth


Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £190,544, £135,916 for a 2 bedroom house, £227,142 for a 3 bedroom house, £357,397 for a 4 bedroom house and £623,990 for a 5 bedroom house. For a flat similarly the prices varies from £113,164 for a single bedroom to £175,483 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £245,000. To sum up the asking prices for properties in Bridgnorth it comes to around average £156,691 for 1 bedroom property, £142,275 for 2 bedroom, £227,368 for 3 bedroom, £357,397 for 4 bedroom and £623,990 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £409 for 1 bedroom to £595 for 2 bedrooms, £753 for 3 bedrooms, £975 for 4 bedrooms and £2,002 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £388. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £583 and £765 for 3 bedroom. You should be generally be expecting around average £396 rent per month for single bedroom property, £590 for 2 bedroom, £758 for 3 bedroom, £975 for 4 bedroom and approximately £2,002 for a 5 bedroom property in Bridgnorth area.

Popular Houses in Bridgnorth

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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