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House Prices in SY1 House Prices in SY1 (Shrewsbury)

The average house price in SY1 (Shrewsbury) is £241,683 using HM Land Registry data.

The average property price increased by £42,585 (15.35%) over the last 5 years and increased by £8,531 (2.49%) over the last 12 months.

Over the last year, there were 313 residential property sales – a decrease of 39 transactions (-12.46%) relative to the previous year. The majority of house sales (76) were in the £176,000 - £212,000 range. Then came properties in the £212,000 - £248,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 140 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,353 (-3%).

In January 2025, there were 55 new estate agency instructions, 53 agreed home sales and 34 property price reductions.

Nearby Postcodes: CH3, CW3, CW5, CW6, LD1, LD5, LD6, LD7, LL13, LL14, LL20, LL21, LL23, LL35, LL36, LL40, SA19, SA20, SA46, SA48, SY10, SY11, SY12, SY13, SY14, SY15, SY16, SY17, SY18, SY19, SY2, SY20, SY21, SY22, SY23, SY24, SY25, SY3, SY4, SY5, SY7, SY9, TF6, TF9

5-Year Average Property Prices in SY1 (Shrewsbury)

15.35%

Property prices in SY1 (Shrewsbury) increased by 15.35% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SY1 (Shrewsbury) Over the Last Year

2.49%

Property prices in SY1 (Shrewsbury) increased by 2.49% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SY1 (Shrewsbury) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SY1 (Shrewsbury)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SY1 (Shrewsbury)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SY1 (Shrewsbury)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SY1 (Shrewsbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY1 postcode area since 1995.

Recent Sales in SY1 (Shrewsbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Morgans Cottages, Shrewsbury, Shropshire, SY1 4DG£85,000£85,000£005 Jul 202419 Dec 2024167 Days
1 Sandford Avenue, Shrewsbury, Shropshire, SY1 3BE£220,000£210,000-£10,00023 May 202410 Dec 2024201 Days
23 Prestbury Green, Shrewsbury, Shropshire, SY1 3JY£170,000£166,000-£4,00022 Apr 202406 Dec 2024228 Days
20 Kestrel Drive, Shrewsbury, Shropshire, SY1 4TT£260,000£255,000-£5,00026 Jun 202429 Nov 2024156 Days
5 Rosemede, Shrewsbury, Shropshire, SY1 4HL£250,000£236,000-£14,00031 May 202429 Nov 2024182 Days
41 Coton Mount, Shrewsbury, Shropshire, SY1 2NL£235,000£217,500-£17,50023 Apr 202422 Nov 2024213 Days
39 Lesley Owen Way, Shrewsbury, Shropshire, SY1 4RB£190,000£190,000£005 Apr 202420 Nov 2024229 Days
4 Regents Drive, Shrewsbury, Shropshire, SY1 2TN£200,000£185,000-£15,00004 Jul 202419 Nov 2024138 Days
31 Hills Lane, Shrewsbury, Shropshire, SY1 1QU£200,000£195,000-£5,00030 Jul 202412 Nov 2024105 Days
39 Boscobel Drive, Shrewsbury, Shropshire, SY1 3DR£329,995£320,000-£9,99513 Jun 202408 Nov 2024148 Days
22 Ferndale Road, Shrewsbury, Shropshire, SY1 4PY£237,000£232,000-£5,00022 May 202408 Nov 2024170 Days
137 Sundorne Road, Sundorne, Shrewsbury, Shropshire, SY1 4RP£132,000£132,000£011 Jun 202407 Nov 2024149 Days
15 Leafields, Shrewsbury, Shropshire, SY1 3JD£210,000£206,000-£4,00011 Jul 202431 Oct 2024112 Days
94 Coton Mount, Shrewsbury, Shropshire, SY1 2NH£259,995£250,000-£9,99502 Jul 202430 Oct 2024120 Days
8 Burton Street, Shrewsbury, Shropshire, SY1 2JW£335,000£328,000-£7,00019 Jan 202429 Oct 2024284 Days
2 Greatford Green, Shrewsbury, Shropshire, SY1 4YN£330,000£315,000-£15,00012 Apr 202429 Oct 2024200 Days
5b, Chester Street, Shrewsbury, Shropshire, SY1 1NX£189,950£185,000-£4,95010 May 202428 Oct 2024171 Days
34 Sundorne Avenue, Shrewsbury, Shropshire, SY1 4JN£225,000£218,000-£7,00022 Jul 202425 Oct 202495 Days
1 Rosedale, Shrewsbury, Shropshire, SY1 4HH£210,000£202,500-£7,50013 Jun 202425 Oct 2024134 Days
30 Ashfields Road, Shrewsbury, Shropshire, SY1 3SB£295,000£283,000-£12,00022 Jul 202422 Oct 202492 Days

Most Expensive Streets in SY1 (Shrewsbury)

PostcodeStreetAreaAverageNo. of Sales
SY1 1NLSwan HillShrewsbury£728,5717
SY1 2JDSevern BankShrewsbury£653,3333
SY1 2AUCouncil House CourtShrewsbury£609,2504
SY1 2NFBerwick RoadShrewsbury£540,0003
SY1 3SHWinney Hill ViewShrewsbury£537,2504
SY1 1RDClaremont HillShrewsbury£506,2504
SY1 1UETown WallsShrewsbury£499,3754
SY1 2RAEllesmere RoadShrewsbury£483,3313
SY1 1JNQuarry PlaceShrewsbury£480,0005
SY1 1NQSwan HillShrewsbury£473,7504

Least Expensive Streets in SY1 (Shrewsbury)

PostcodeStreetAreaAverageNo. of Sales
SY1 2LTCoton Manor, Berwick RoadShrewsbury£72,2503
SY1 2LXCoton Manor, Berwick RoadShrewsbury£77,0003
SY1 2UQBarton CloseShrewsbury£87,7147
SY1 2ULWarrenby CloseShrewsbury£88,3754
SY1 2UHDidcot CloseShrewsbury£98,7504
SY1 3BZCombermere DriveShrewsbury£101,3333
SY1 4DSWhitchurch RoadShrewsbury£108,6995
SY1 2EHCastle ForegateShrewsbury£118,9449
SY1 1HRShoplatchShrewsbury£120,0003
SY1 4RPSundorne RoadShrewsbury£124,25012

Explore SY1 (Shrewsbury) using map

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