Housing Market Analysis for NEW BANKS, SY4 1HG

Are you looking to understand SY4 1HG house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Shropshire postcode.

For the location information and nearby amenities in the SY4 1HG area, explore the SY4 1HG Area information page.
For comprehensive crime statistics in the SY4 1HG area, explore the SY4 1HG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SY4 1HG postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £155,199 median price is £160,000 Standard Deviation is £57,297 with Total Sold: 5
    • The Last 5 Year average price is £230,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 NEW BANKS: £230,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is 13 NEW BANKS: £59,000 (Sold on 21 Oct 2002)
  • Flat
    • The average price is around £58,625 median price is £55,000 Standard Deviation is £12,049 with Total Sold: 4
    • The Last 5 Year average price is £58,500 with Total Sold: 3
    • The most recent sale happened at this postcode is 25 NEW BANKS: £78,000 (Sold on 16 Apr 2021)
    • The first recorded sale happened at this postcode is 25 NEW BANKS: £59,000 (Sold on 27 Jun 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average SY4 1HG house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£230,000 £2,805 1
2014£148,500 £1,811 2
2007£189,995 £2,317 1
2002£59,000 £642 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£78,000 £1,529 1
2019£48,750 £956 2
2017£59,000 £1,157 1

All the Sales in the NEW BANKS, SY4 1HG

See the table below for more details on the sold house prices in the SY4 1HG, Shropshire postcode.

AddressSold DatePrice% Change
2 NEW BANKSSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196631 Mar 2023£230,00043.75%
08 Aug 2014£160,000-15.79%
28 Mar 2007£189,995First Sale
25 NEW BANKSFlat, LeaseholdArea: 51 Sq.mtrAge: 1950-196616 Apr 2021£78,00067.74%
15 Feb 2019£46,500-8.82%
15 Feb 2019£51,000-13.56%
27 Jun 2017£59,000First Sale
10 NEW BANKSSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196617 Apr 2014£137,000First Sale
13 NEW BANKSSemi-Detached, FreeholdArea: 91.84 Sq.mtrAge: 1950-196621 Oct 2002£59,000First Sale

Check out the sold house prices near the SY4 1HG postcode. Properties currently for saleProperties currently for rent

NEW BANKS, SY4 1HG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SY4 1HG postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the SY4 1HG postcode.

  • Semi-Detached
    • The average price is around £155,199 median price is £160,000 Standard Deviation is £57,297 with Total Sold: 5
    • The Last 5 Year average price is £230,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 NEW BANKS: £230,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is , 13 NEW BANKS: £59,000 (Sold on 21 Oct 2002)
  • Flat
    • The average price is around £58,625 median price is £55,000 Standard Deviation is £12,049 with Total Sold: 4
    • The Last 5 Year average price is £58,500 with Total Sold: 3
    • The most recent sale happened at this postcode is , 25 NEW BANKS: £78,000 (Sold on 16 Apr 2021)
    • The first recorded sale happened at this postcode is , 25 NEW BANKS: £59,000 (Sold on 27 Jun 2017)
  • Detached
    • The average price is around £172,090 median price is £164,950 Standard Deviation is £50,998 with Total Sold: 5
    • The most recent sale happened at this postcode is , CULROSS : £225,000 (Sold on 19 Aug 2016)
    • The first recorded sale happened at this postcode is , ROWLEY HOUSE : £87,500 (Sold on 30 Jun 1997)
  • Other
    • The average price is around £340,000 median price is £340,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , GRAFTON CENTRE : £340,000 (Sold on 11 Mar 2014)
    • The first recorded sale happened at this postcode is , GRAFTON CENTRE : £340,000 (Sold on 11 Mar 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£230,000 £2,805 1
2014£148,500 £1,811 2
2007£189,995 £2,317 1
2002£59,000 £642 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£78,000 £1,529 1
2019£48,750 £956 2
2017£59,000 £1,157 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£225,000 £1,718 1
2013£225,000 £1,654 1
2002£164,950 £1,213 1
2001£158,000 £1,162 1
1997£87,500 £643 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£340,0001

House Type in SY4 1HG area

The most common house types in the SY4 1HG postcode area are Detached (81), Semi-detached (42), and Flat (8).

Total143
Detached81
Semi-detached42
Flat8
Terraced4
Shared house4
converted building4
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Private rented: Private landlord or letting agency (42).

Owned: Owns outright42
Private rented: Private landlord or letting agency42
Owned: Owns with a mortgage or loan41
Social rented: Other social rented14
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SY4 1HG have 2 people in household (60), and 1 person in household (27).

2 people in household60
1 person in household27
3 people in household27
4 people in household25
5 people in household2
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0