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House Prices in SY7

The average house price in SY7 (Bucknell) is £360,000 using HM Land Registry data.

The average property price increased by £111,530 (30.43%) over the last 5 years and increased by £22,347 (4.46%) over the last 12 months.

Over the last year, there were 86 residential property sales – a decrease of 16 transactions (-18.60%) relative to the previous year. The majority of house sales (25) were in the £262,000 - £374,000 range. Then came properties in the £150,000 - £262,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,743 (-5%).

In Oct 24, there were 25 new estate agency instructions, 23 agreed home sales and 23 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) - 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 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
Rosemary House, Rosemary Lane, Leintwardine, Craven Arms, Herefordshire, SY7 0LP	£400,000	£400,000	£00	04 May 2024	23 Aug 2024	111 Days
1 School Lane, Clungunford, Craven Arms, Shropshire, SY7 0QE	£415,000	£410,000	-£5,000	15 Mar 2024	31 Jul 2024	138 Days
5 Hawthorn Close, Craven Arms, Shropshire, SY7 9RN	£395,000	£370,000	-£25,000	24 Apr 2024	26 Jul 2024	93 Days
Middle Cottage, Newport Street, Clun, Craven Arms, Shropshire, SY7 8JZ	£225,000	£195,000	-£30,000	03 Oct 2023	19 Jun 2024	260 Days
3 Chapel Road, Clungunford, Craven Arms, Shropshire, SY7 0PP	£285,000	£275,000	-£10,000	20 Dec 2023	05 Jun 2024	168 Days
5 Ash Close, Craven Arms, Shropshire, SY7 9RP	£150,000	£142,000	-£8,000	24 Jan 2024	31 May 2024	128 Days
14 Redlake Meadow, Bucknell, Shropshire, SY7 0AY	£339,995	£339,995	£00	29 Aug 2023	24 May 2024	269 Days
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
Cresswell House, Bridge Street, Clun, Craven Arms, Shropshire, SY7 8JP	£750,000	£705,000	-£45,000	15 Sep 2023	22 Mar 2024	189 Days
11 Willow Grove, Craven Arms, Shropshire, SY7 9AE	£79,500	£75,000	-£4,500	14 Apr 2023	19 Mar 2024	340 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
1 Mill Street, Aston On Clun, Craven Arms, Shropshire, SY7 8EN	£195,000	£150,000	-£45,000	07 Jul 2023	23 Feb 2024	231 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

Most Expensive Streets in SY7 (Bucknell)

Postcode	Street	Area	Average	No. of Sales
SY7 9DE	Corfton, Craven Arms	Bucknell	£808,166	3
SY7 9ET	Munslow, Craven Arms	Bucknell	£652,500	6
SY7 9DH	Diddlebury, Craven Arms	Bucknell	£644,000	5
SY7 8DR	Cheney Longville, Craven Arms	Bucknell	£626,666	3
SY7 0JU	Buckton, Craven Arms	Bucknell	£593,750	4
SY7 0NX	Broome, Craven Arms	Bucknell	£563,333	3
SY7 8BX	Shrewsbury Road, Craven Arms	Bucknell	£556,666	3
SY7 0NF	Adforton, Craven Arms	Bucknell	£527,944	9
SY7 0QF	Hopton Castle, Craven Arms	Bucknell	£519,285	7
SY7 0PX	Abcott, Craven Arms	Bucknell	£511,875	4

Least Expensive Streets in SY7 (Bucknell)

Postcode	Street	Area	Average	No. of Sales
SY7 9AE	Willow Grove, Craven Arms	Bucknell	£82,750	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