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House Prices in SY9

The average house price in SY9 (Bishops Castle) is £405,000 using HM Land Registry data.

The average property price increased by £35,063 (33.65%) over the last 5 years and increased by £7,026 (4.83%) over the last 12 months.

Over the last year, there were 27 residential property sales – a decrease of 2 transactions (-7.41%) relative to the previous year. The majority of house sales (8) were in the £220,000 - £320,000 range. Then came properties in the £320,000 - £420,000 range, where 5 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 169 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,997 (-3%).

In Oct 24, there were 4 new estate agency instructions, 4 agreed home sales and 3 property price reductions.

5-Year Average Property Prices in SY9 (Bishops Castle)

33.65%

Property prices in Bishops Castle increased by 33.65% 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 SY9 (Bishops Castle) Over the Last Year

4.83%

Property prices in Bishops Castle increased by 4.83% 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 SY9 (Bishops Castle) - 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 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 SY9 (Bishops Castle)

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 SY9 (Bishops Castle)

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 SY9 (Bishops Castle)

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 SY9 (Bishops Castle) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY9 postcode area since 1995.

Recent Sales in SY9 (Bishops Castle)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
21 Brick Meadow, Bishops Castle, Shropshire, SY9 5DH	£359,000	£359,000	£00	14 Feb 2024	16 Apr 2024	62 Days
7 Rees Piece, Bishops Castle, Shropshire, SY9 5BF	£350,000	£340,000	-£10,000	15 Sep 2023	11 Apr 2024	209 Days
2 High Street, Bishops Castle, Shropshire, SY9 5BQ	£565,000	£550,000	-£15,000	20 Sep 2023	10 Apr 2024	203 Days
Malt House, Church Street, Bishops Castle, Shropshire, SY9 5AA	£325,000	£315,000	-£10,000	19 Jun 2023	08 Apr 2024	294 Days
33 Corporation Street, Bishops Castle, Shropshire, SY9 5AL	£285,000	£281,000	-£4,000	02 Oct 2023	14 Dec 2023	73 Days
29 Welsh Street, Bishops Castle, Shropshire, SY9 5BS	£140,000	£120,000	-£20,000	19 Jun 2023	08 Dec 2023	172 Days
6 The Ridge, Bishops Castle, Shropshire, SY9 5AB	£299,000	£299,000	£00	19 May 2023	14 Nov 2023	179 Days
Claremont, Bull Lane, Bishops Castle, Shropshire, SY9 5DA	£765,000	£760,000	-£5,000	30 May 2023	29 Sep 2023	122 Days
Applegarth, Union Street, Bishops Castle, Shropshire, SY9 5AJ	£495,000	£495,000	£00	13 Jun 2023	29 Sep 2023	108 Days
9 Welsh Street Gardens, Bishops Castle, Shropshire, SY9 5BH	£180,000	£180,000	£00	07 Mar 2023	25 Sep 2023	202 Days
33 Kerry Green, Bishops Castle, Shropshire, SY9 5AR	£229,995	£221,000	-£8,995	20 Feb 2023	11 Aug 2023	172 Days
1 Glebe Meadow, Lydham, Bishops Castle, Shropshire, SY9 5HJ	£450,000	£435,000	-£15,000	17 Feb 2023	30 Jun 2023	133 Days
Carlisle, Lavender Bank, Bishops Castle, Shropshire, SY9 5BD	£319,995	£300,000	-£19,995	16 Jan 2023	26 Jun 2023	161 Days
17 Kerry Green, Bishops Castle, Shropshire, SY9 5AR	£239,000	£239,000	£00	03 Jan 2023	09 Mar 2023	65 Days
Tall Trees, Church Lane, Bishops Castle, Shropshire, SY9 5AF	£479,950	£458,000	-£21,950	22 Aug 2022	24 Feb 2023	186 Days
5 Salop Street, Bishops Castle, Shropshire, SY9 5BW	£315,000	£315,000	£00	15 Jun 2022	12 Dec 2022	180 Days
19 Brick Meadow, Bishops Castle, Shropshire, SY9 5DH	£350,000	£350,000	£00	30 Apr 2022	20 Oct 2022	173 Days
43 Corporation Street, Bishops Castle, Shropshire, SY9 5AL	£260,000	£245,000	-£15,000	26 May 2022	14 Oct 2022	141 Days
9 New Street, Bishops Castle, Shropshire, SY9 5DQ	£250,000	£250,000	£00	24 Jun 2022	07 Oct 2022	105 Days
7 Lavender Bank, Bishops Castle, Shropshire, SY9 5BD	£345,000	£327,500	-£17,500	27 May 2022	04 Oct 2022	130 Days

Most Expensive Streets in SY9 (Bishops Castle)

Postcode	Street	Area	Average	No. of Sales
SY9 5DA	Bull Lane	Bishops Castle	£446,250	4
SY9 5AF	Grange Gardens	Bishops Castle	£434,500	4
SY9 5JG	The Cabin	Bishops Castle	£415,816	3
SY9 5AS	Woodbatch Road	Bishops Castle	£393,666	3
SY9 5EE	Wentnor	Bishops Castle	£387,000	3
SY9 5BY	Castle Green	Bishops Castle	£383,800	5
SY9 5ES	The Wintles	Bishops Castle	£382,800	5
SY9 5BF	Rees Piece	Bishops Castle	£366,666	3
SY9 5BA	Bowling Green Close	Bishops Castle	£338,666	3
SY9 5DH	Brick Meadow	Bishops Castle	£338,500	8

Least Expensive Streets in SY9 (Bishops Castle)

Postcode	Street	Area	Average	No. of Sales
SY9 5AH	Harley Jenkins Street	Bishops Castle	£105,833	3
SY9 5BH	Welsh Street Gardens	Bishops Castle	£174,166	3
SY9 5BW	Salop Street	Bishops Castle	£196,666	3
SY9 5AR	Kerry Green	Bishops Castle	£218,333	3
SY9 5JX	Colebatch	Bishops Castle	£221,250	4
SY9 5AL	Corporation Street	Bishops Castle	£231,500	4
SY9 5DQ	New Street	Bishops Castle	£243,333	3
SY9 5AB	The Ridge	Bishops Castle	£289,750	4
SY9 5BS	The Gardens	Bishops Castle	£290,714	7
SY9 5AJ	Union Street	Bishops Castle	£315,000	6