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House Prices in SY5 House Prices in SY5 (Shrewsbury)

The average house price in SY5 (Shrewsbury) is £347,886 using HM Land Registry data.

The average property price increased by £110,456 (36.15%) over the last 5 years and increased by £22,132 (5.1%) over the last 12 months.

Over the last year, there were 163 residential property sales – a decrease of 53 transactions (-32.52%) relative to the previous year. The majority of house sales (32) were in the £328,000 - £412,000 range. Then came properties in the £160,000 - £244,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,195 (-2%).

In Oct 24, there were 45 new estate agency instructions, 36 agreed home sales and 38 property price reductions.

Nearby Postcodes: LD5, LD6, LL14, LL20, LL21, LL23, LL35, LL36, LL40, SA19, SA20, SA46, SA48, SY1, SY10, SY11, SY12, SY13, SY15, SY16, SY17, SY18, SY19, SY2, SY20, SY21, SY22, SY23, SY24, SY25, SY3, SY4, SY6, SY7, SY9, TF1, TF10, TF11, TF12, TF13, TF2, TF4, TF5, TF6, TF7, TF8, TF9, WV16

5-Year Average Property Prices in SY5 (Shrewsbury)

36.15%

Property prices in Shrewsbury increased by 36.15% 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 SY5 (Shrewsbury) Over the Last Year

5.1%

Property prices in Shrewsbury increased by 5.1% 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 SY5 (Shrewsbury) - Oct 24

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 SY5 (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 SY5 (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 SY5 (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 SY5 (Shrewsbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY5 postcode area since 1995.

Recent Sales in SY5 (Shrewsbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Falkland Park, Dorrington, Shrewsbury, Shropshire, SY5 7HZ£665,000£630,000-£35,00018 May 202412 Aug 202486 Days
32 The Leasowes, Ford, Shrewsbury, Shropshire, SY5 9LT£265,000£250,000-£15,00016 Feb 202409 Aug 2024175 Days
4 The Leasowes, Ford, Shrewsbury, Shropshire, SY5 9LS£279,950£270,000-£9,95024 Apr 202409 Aug 2024107 Days
Kerstyn, Weir Road, Hanwood, Shrewsbury, Shropshire, SY5 8LA£375,000£362,500-£12,50022 Mar 202431 Jul 2024131 Days
Apartment 11, Haycock House, The Chestnuts, Cross Houses, Shrewsbury, Shropshire, SY5 6JG£115,000£110,000-£5,00027 Oct 202305 Jul 2024252 Days
21 The Leasowes, Ford, Shrewsbury, Shropshire, SY5 9LT£210,000£185,000-£25,00015 Feb 202405 Jul 2024141 Days
24 Cherry Arbor, Cressage, Shrewsbury, Shropshire, SY5 6DL£180,000£173,000-£7,00031 Jan 202402 Jul 2024153 Days
8 The Glebe, Atcham, Shrewsbury, Shropshire, SY5 6QL£315,000£310,000-£5,00012 Sep 202317 Jun 2024279 Days
Woodlands, Wood Lane, Cressage, Shrewsbury, Shropshire, SY5 6DY£390,000£380,000-£10,00020 Feb 202328 May 2024463 Days
6 Harley Road, Condover, Shrewsbury, Shropshire, SY5 7AX£424,995£420,000-£4,99516 Oct 202323 May 2024220 Days
7 The Fairways, Condover, Shrewsbury, Shropshire, SY5 7BW£489,950£477,500-£12,45005 Feb 202408 May 202493 Days
3 Ash Lea, Minsterley, Shrewsbury, Shropshire, SY5 0BU£340,000£330,000-£10,00013 Sep 202303 May 2024233 Days
1 Vineyard Cottages, Longnor, Shrewsbury, Shropshire, SY5 7PX£190,000£180,000-£10,00029 Nov 202303 May 2024156 Days
2 The Old Stables, Nills Farm, Habberley Road, Pontesbury, Shrewsbury, Shropshire, SY5 0TN£650,000£645,000-£5,00029 Aug 202311 Apr 2024226 Days
4 Melverley View, Crew Green, Shrewsbury, Powys, SY5 9AS£295,000£282,500-£12,50007 Aug 202305 Apr 2024242 Days
8 Brookside Gardens, Yockleton, Shrewsbury, Shropshire, SY5 9PS£268,000£263,500-£4,50016 Mar 202328 Mar 2024378 Days
29 Caradoc View, Hanwood, Shrewsbury, Shropshire, SY5 8NB£255,000£247,500-£7,50022 Jan 202427 Mar 202465 Days
9 Maes Hafren, Crew Green, Shrewsbury, Powys, SY5 9BT£189,000£189,000£0010 Oct 202322 Mar 2024164 Days
Arbury, Minsterley Road, Pontesbury, Shrewsbury, Shropshire, SY5 0QH£374,995£350,000-£24,99528 Nov 202222 Mar 2024480 Days
1 Millstream Bank, Worthen, Shrewsbury, Shropshire, SY5 9EY£575,000£550,000-£25,00016 Jan 202321 Mar 2024430 Days

Most Expensive Streets in SY5 (Shrewsbury)

PostcodeStreetAreaAverageNo. of Sales
SY5 7DUCondover Park, CondoverShrewsbury£1,046,8754
SY5 6RLGarmstonShrewsbury£879,1663
SY5 8QPThe Firs, BowbrookShrewsbury£854,3754
SY5 6BPCound Park Gardens, CoundShrewsbury£800,0003
SY5 8HASummer House Lane, LongdenShrewsbury£706,8335
SY5 7LWRytonShrewsbury£701,3774
SY5 7DZTudor Field, DorringtonShrewsbury£696,6663
SY5 7JAFalkland Road, DorringtonShrewsbury£694,1666
SY5 6BSShore Lane, CressageShrewsbury£685,6124
SY5 6BNCound Park Drive, CoundShrewsbury£653,3333

Least Expensive Streets in SY5 (Shrewsbury)

PostcodeStreetAreaAverageNo. of Sales
SY5 7BPMorris Close, CondoverShrewsbury£74,9505
SY5 8NQOaklands View, HanwoodShrewsbury£98,0003
SY5 6JGHaycock House, The ChestnutsShrewsbury£117,72711
SY5 9NXCompton Mews, FordShrewsbury£125,4287
SY5 0BHStation Terrace, MinsterleyShrewsbury£158,3333
SY5 9BTMaes Hafren, Crew GreenShrewsbury£158,9086
SY5 6LJHigh Cross Avenue, Cross HousesShrewsbury£162,5005
SY5 9BJBryn Hafren, Crew GreenShrewsbury£166,3333
SY5 0BZCallow Crescent, MinsterleyShrewsbury£169,0003
SY5 9NYAlbany Court, FordShrewsbury£170,8336

Explore SY5 (Shrewsbury) using map

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