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House Prices in SY7

The average house price in SY7 (Bucknell) is £296,400 using HM Land Registry data.

The average property price increased by £141,239 (30.43%) over the last 5 years and increased by £28,235 (4.46%) over the last 12 months.

Over the last year, there were 89 residential property sales – a decrease of 31 transactions (-34.83%) relative to the previous year. The majority of house sales (26) were in the £266,000 - £362,000 range. Then came properties in the £170,000 - £266,000 range, where 25 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,743 (-5%).

In June 2024, there were 40 new estate agency instructions, 24 agreed home sales and 8 property price reductions.

5-Year Average Property Prices in SY7 (Bucknell)

30.43%

Property prices in Bucknell increased by 30.43% 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 SY7 (Bucknell) Over the Last Year

4.46%

Property prices in Bucknell increased by 4.46% 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.

Property Market Heat Gauge for SY7 (Bucknell) - June 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 SY7 (Bucknell)

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 SY7 (Bucknell)

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 SY7 (Bucknell)

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 SY7 (Bucknell) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY7 postcode area since 1995.

Recent Sales in SY7 (Bucknell)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
32 Newington Way, Craven Arms, Shropshire, SY7 9PS	£200,000	£200,000	£00	20 Nov 2023	03 May 2024	165 Days
Fiddlers Cottage, Rosemary Lane, Leintwardine, Craven Arms, Herefordshire, SY7 0LP	£215,000	£200,000	-£15,000	11 Oct 2023	25 Mar 2024	166 Days
3 The Firs, Aston On Clun, Craven Arms, Shropshire, SY7 8EL	£500,000	£410,000	-£90,000	09 May 2023	22 Mar 2024	318 Days
1 Broome Road, Clungunford, Craven Arms, Shropshire, SY7 0PW	£150,000	£130,000	-£20,000	16 Jan 2024	15 Mar 2024	59 Days
The Old Dairy, Newton Street, Craven Arms, Shropshire, SY7 9PQ	£225,000	£208,500	-£16,500	28 Sep 2023	08 Mar 2024	162 Days
22 Maple Close, Craven Arms, Shropshire, SY7 9RJ	£200,000	£183,000	-£17,000	25 Oct 2023	08 Mar 2024	135 Days
8 Greene Close, Wistanstow, Craven Arms, Shropshire, SY7 8DB	£495,000	£485,000	-£10,000	06 Sep 2023	29 Feb 2024	176 Days
14 Brooklands Park, Craven Arms, Shropshire, SY7 9RL	£150,000	£132,000	-£18,000	25 Sep 2023	28 Feb 2024	156 Days
Hillside Cottage, Bridgend Lane, Bucknell, Shropshire, SY7 0AL	£425,000	£425,000	£00	11 Oct 2023	09 Feb 2024	121 Days
15 Redlake Meadow, Bucknell, Shropshire, SY7 0AY	£259,995	£252,000	-£7,995	07 May 2023	25 Jan 2024	263 Days
1 Norton View, Craven Arms, Shropshire, SY7 9PT	£230,000	£215,000	-£15,000	11 Jul 2023	25 Jan 2024	198 Days
Coach House, Clun Road, Aston On Clun, Craven Arms, Shropshire, SY7 8EW	£450,000	£450,000	£00	25 Sep 2023	18 Jan 2024	115 Days
44 Brooklands Park, Craven Arms, Shropshire, SY7 9RL	£185,000	£173,000	-£12,000	09 Aug 2023	20 Dec 2023	133 Days
9 Hawthorn Close, Craven Arms, Shropshire, SY7 9RN	£340,000	£315,000	-£25,000	23 Oct 2023	19 Dec 2023	57 Days
31 Brooklands Park, Craven Arms, Shropshire, SY7 9RL	£180,000	£180,000	£00	21 Sep 2023	14 Dec 2023	84 Days
10 Hawthorn Close, Craven Arms, Shropshire, SY7 9RN	£300,000	£295,000	-£5,000	07 Dec 2023	12 Dec 2023	5 Days
4 Rosemary, Leintwardine, Craven Arms, Herefordshire, SY7 0LR	£220,000	£207,500	-£12,500	18 Jul 2023	08 Dec 2023	143 Days
22 Chestnut Meadow, Bucknell, Shropshire, SY7 0AA	£114,000	£105,000	-£9,000	28 Jul 2022	27 Nov 2023	487 Days
Oak Bank, Dog Kennel Lane, Bucknell, Shropshire, SY7 0AX	£350,000	£327,500	-£22,500	10 Jul 2023	15 Nov 2023	128 Days
20 Maple Close, Craven Arms, Shropshire, SY7 9RJ	£215,000	£190,000	-£25,000	28 Jul 2023	25 Oct 2023	89 Days

Most Expensive Streets in SY7 (Bucknell)

Postcode	Street	Area	Average	No. of Sales
SY7 9DE	Corfton, Craven Arms	Bucknell	£709,875	4
SY7 9DY	Cockshutford, Craven Arms	Bucknell	£641,783	3
SY7 8DR	Cheney Longville, Craven Arms	Bucknell	£626,666	3
SY7 0JU	Buckton, Craven Arms	Bucknell	£593,750	4
SY7 9DH	Diddlebury, Craven Arms	Bucknell	£593,333	6
SY7 0QF	Hopton Castle, Craven Arms	Bucknell	£591,666	6
SY7 9ET	Munslow, Craven Arms	Bucknell	£563,000	5
SY7 8BX	Shrewsbury Road, Craven Arms	Bucknell	£556,666	3
SY7 0NF	Adforton, Craven Arms	Bucknell	£542,687	8
SY7 0NX	Broome, Craven Arms	Bucknell	£520,000	4

Least Expensive Streets in SY7 (Bucknell)

Postcode	Street	Area	Average	No. of Sales
SY7 9AE	Willow Grove, Craven Arms	Bucknell	£92,750	4
SY7 8PP	Amblecote, Newcastle	Bucknell	£119,700	5
SY7 9PP	Onnybrook Drive, Craven Arms	Bucknell	£134,833	3
SY7 9QP	Whitemeadow Close, Craven Arms	Bucknell	£146,790	5
SY7 9NY	The Mews, Craven Arms	Bucknell	£150,833	6
SY7 9BF	Chestnut Avenue, Craven Arms	Bucknell	£154,833	3
SY7 9RL	Brooklands Park, Craven Arms	Bucknell	£164,142	7
SY7 9AF	Sycamore Close, Craven Arms	Bucknell	£169,312	6
SY7 9PS	Newington Way, Craven Arms	Bucknell	£180,625	4
SY7 9QL	Ludlow Road, Craven Arms	Bucknell	£186,123	3