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House Prices in SY3 House Prices in SY3 (Shrewsbury)

The average house price in SY3 (Shrewsbury) is £289,370 using HM Land Registry data.

The average property price increased by £66,064 (26.68%) over the last 5 years and increased by £13,234 (4.01%) over the last 12 months.

Over the last year, there were 412 residential property sales – a decrease of 65 transactions (-15.78%) relative to the previous year. The majority of house sales (111) were in the £234,000 - £318,000 range. Then came properties in the £150,000 - £234,000 range, where 83 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 134 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,911 (-3%).

In January 2025, there were 106 new estate agency instructions, 62 agreed home sales and 51 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, SY1, SY10, SY11, SY12, SY13, SY14, SY15, SY16, SY17, SY18, SY19, SY2, SY20, SY21, SY22, SY23, SY24, SY25, SY4, SY5, SY6, SY7, SY9, TF13, TF6, TF8, TF9

5-Year Average Property Prices in SY3 (Shrewsbury)

26.68%

Property prices in SY3 (Shrewsbury) increased by 26.68% 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 SY3 (Shrewsbury) Over the Last Year

4.01%

Property prices in SY3 (Shrewsbury) increased by 4.01% 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 SY3 (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 SY3 (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 SY3 (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 SY3 (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 SY3 (Shrewsbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY3 postcode area since 1995.

Recent Sales in SY3 (Shrewsbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
16 Copthorne Drive, Shrewsbury, Shropshire, SY3 8RY£515,000£502,575-£12,42531 Jul 202413 Dec 2024135 Days
39 Meadowbrook, Bayston Hill, Shrewsbury, Shropshire, SY3 0PU£245,000£244,000-£1,00023 Sep 202413 Dec 202481 Days
60 Upper Road, Shrewsbury, Shropshire, SY3 9JP£625,000£618,000-£7,00030 Aug 202413 Dec 2024105 Days
11 Longacre Mews, Bicton Heath, Shrewsbury, Shropshire, SY3 5DT£137,500£137,500£027 Jun 202406 Dec 2024162 Days
6 Squires Court, Bicton Heath, Shrewsbury, Shropshire, SY3 5DP£135,000£129,000-£6,00022 Apr 202405 Dec 2024227 Days
33 Copthorne Road, Shrewsbury, Shropshire, SY3 8NW£140,000£138,000-£2,00008 Aug 202405 Dec 2024119 Days
11 Longden Gardens, Shrewsbury, Shropshire, SY3 7EG£299,995£295,000-£4,99531 Oct 202404 Dec 202434 Days
Rose Cottage, Chapel Lane, Bicton Heath, Shrewsbury, Shropshire, SY3 5BX£315,000£315,000£009 Oct 202302 Dec 2024420 Days
12 Carline Crescent, Shrewsbury, Shropshire, SY3 7EU£150,000£145,000-£5,00031 May 202425 Nov 2024178 Days
39 Mary Webb Road, Shrewsbury, Shropshire, SY3 9NS£165,000£152,000-£13,00023 Jul 202422 Nov 2024122 Days
12 Corner Lane, Bicton Heath, Shrewsbury, Shropshire, SY3 5BZ£249,995£210,000-£39,99513 Jun 202422 Nov 2024162 Days
2 Parrs Lane, Bayston Hill, Shrewsbury, Shropshire, SY3 0JS£275,000£255,000-£20,00013 Feb 202420 Nov 2024281 Days
Ashmount, Lyth Hill, Lyth Bank, Shrewsbury, Shropshire, SY3 0BS£425,000£417,000-£8,00025 Jul 202418 Nov 2024116 Days
10 Silverdale, Bicton Heath, Shrewsbury, Shropshire, SY3 5EY£250,000£240,000-£10,00030 May 202418 Nov 2024172 Days
26 Priory Ridge, Shrewsbury, Shropshire, SY3 9EG£440,000£415,000-£25,00018 Sep 202315 Nov 2024424 Days
9 Granville Street, Shrewsbury, Shropshire, SY3 8NE£750,000£730,000-£20,00004 Jun 202414 Nov 2024163 Days
45 Yew Tree Drive, Bayston Hill, Shrewsbury, Shropshire, SY3 0PP£290,000£285,000-£5,00022 Jun 202408 Nov 2024139 Days
59 Lansdowne Road, Bayston Hill, Shrewsbury, Shropshire, SY3 0HZ£250,000£240,000-£10,00010 Jul 202408 Nov 2024121 Days
28 Rea Street, Shrewsbury, Shropshire, SY3 7PR£275,000£275,000£012 Jun 202408 Nov 2024149 Days
43 Richmond Drive, Shrewsbury, Shropshire, SY3 8TR£335,000£335,000£008 Apr 202408 Nov 2024214 Days

Most Expensive Streets in SY3 (Shrewsbury)

PostcodeStreetAreaAverageNo. of Sales
SY3 8PPThe MountShrewsbury£1,550,0003
SY3 7ABKennedy RoadShrewsbury£916,5007
SY3 9ABRidgebourne RoadShrewsbury£902,0003
SY3 7AFKingsland RoadShrewsbury£840,0003
SY3 8JDPengwern RoadShrewsbury£781,6663
SY3 8PLThe MountShrewsbury£776,8754
SY3 9HJField House DriveShrewsbury£710,6254
SY3 8PNThe MountShrewsbury£706,0003
SY3 8NBCopthorne RoadShrewsbury£685,3333
SY3 9AURoman RoadShrewsbury£681,6663

Least Expensive Streets in SY3 (Shrewsbury)

PostcodeStreetAreaAverageNo. of Sales
SY3 5NFLambourn DriveShrewsbury£84,5004
SY3 5ERThe Paddocks, Bicton HeathShrewsbury£84,5717
SY3 5DNBriery Lane, Bicton HeathShrewsbury£86,29910
SY3 5ESThe Ridings, Bicton HeathShrewsbury£100,6305
SY3 8GDCavell DriveShrewsbury£112,5589
SY3 5AWThe Orchard, Bicton HeathShrewsbury£116,5004
SY3 8RLBrickfield FlatsShrewsbury£121,7086
SY3 5EJGains Avenue, Bicton HeathShrewsbury£122,9364
SY3 9JBAlms CourtShrewsbury£123,5559
SY3 6DBWalkford CloseShrewsbury£124,3333

Explore SY3 (Shrewsbury) using map

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