Sold - Ship House, Clun, marketed with a guide price of £550,000.
According to Zoopla, the average sold price for a property in Telford in the last 12 months is £208,821, Wellington £216,113 and, in Newport, it is £293,538. “The fact is there is a shortage of stock coming to the market, we continue to have prospective buyers on our books desperate for a little more choice coming onto the market," he said.
He added: “What vendors sometimes forget is that if the market is steady, it is steady to buy as well as to sell, so providing the timescale between selling and buying isn’t too distant it can be a distinct advantage to off-load first rather than be caught in a chain. In the period between January and October of this year, the postcodes of Market Drayton, Newport, Much Wenlock and their surrounding areas saw a 49 per cent increase in second-hand homes priced above £500,000 being brought to the market, compared to the same period in 2021, according to data provider TwentyCi.
“What we have noticed is that Much Wenlock is a very popular destination for those looking to commute to the larger country towns or the West Midlands, but wanting to make the most of Shropshire’s lovely countryside.