Housing Market Analysis for WEM ROAD, SY4 5NH

Are you looking to understand SY4 5NH 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 5NH area, explore the SY4 5NH Area information page.
For comprehensive crime statistics in the SY4 5NH area, explore the SY4 5NH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SY4 5NH postcode area, The average prices are as follows,

  • Detached
    • The average price is around £280,500 median price is £192,500 Standard Deviation is £145,676 with Total Sold: 7
    • The Last 5 Year average price is £600,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE ROOKERY WEM ROAD: £600,000 (Sold on 15 Aug 2019)
    • The first recorded sale happened at this postcode is THE ROOKERY WEM ROAD: £192,500 (Sold on 28 Oct 1996)
  • Semi-Detached
    • The average price is around £69,000 median price is £69,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 WEM ROAD: £69,000 (Sold on 01 Oct 1999)
    • The first recorded sale happened at this postcode is 3 WEM ROAD: £69,000 (Sold on 01 Oct 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average SY4 5NH 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£600,000 £2,410 1
2016£269,000 £2,261 1
2010£365,000 £2,765 1
2006£187,000 £1,417 1
2005£190,000 £1,597 1
2003£160,000 £1,212 1
1996£192,500 £773 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£69,000 £958 1

All the Sales in the WEM ROAD, SY4 5NH

See the table below for more details on the sold house prices in the SY4 5NH, Shropshire postcode.

AddressSold DatePrice% Change
THE ROOKERY WEM ROADDetached, FreeholdArea: 249 Sq.mtrAge: before 190015 Aug 2019£600,000211.69%
28 Oct 1996£192,500First Sale
GREENFIELDS WEM ROADDetached, FreeholdArea: 119 Sq.mtrAge: 2003-200622 Jan 2016£269,00041.58%
08 Aug 2005£190,000First Sale
WHEELWRIGHT COTTAGE WEM ROADDetached, FreeholdArea: 132 Sq.mtrAge: before 190011 Jun 2010£365,00095.19%
03 May 2006£187,00016.88%
27 Oct 2003£160,000First Sale
3 WEM ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-196601 Oct 1999£69,000First Sale

Check out the sold house prices near the SY4 5NH postcode. Properties currently for saleProperties currently for rent

WEM ROAD, SY4 5NH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SY4 5NH 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 5NH postcode.

  • Detached
    • The average price is around £314,171 median price is £301,275 Standard Deviation is £94,550 with Total Sold: 25
    • The Last 5 Year average price is £448,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , 7 SALTERS MILL: £462,000 (Sold on 10 Feb 2021)
    • The first recorded sale happened at this postcode is , THE ROOKERY WEM ROAD: £192,500 (Sold on 28 Oct 1996)
  • Terraced
    • The average price is around £124,250 median price is £124,250 Standard Deviation is £4,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 16 NORTHWOOD GREEN: £120,000 (Sold on 15 Jun 2018)
    • The first recorded sale happened at this postcode is , 16 NORTHWOOD GREEN: £128,500 (Sold on 03 Jan 2007)
  • Semi-Detached
    • The average price is around £134,292 median price is £135,000 Standard Deviation is £27,090 with Total Sold: 12
    • The most recent sale happened at this postcode is , 8 SALTERS MILL: £162,500 (Sold on 14 Jul 2017)
    • The first recorded sale happened at this postcode is , 3 WEM ROAD: £69,000 (Sold on 01 Oct 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£462,000 £2,870 1
2020£395,000 £2,406 1
2019£461,667 £2,406 3
2018£375,000 £2,155 1
2016£269,000 £2,261 1
2015£300,000 £1,775 1
2013£292,500 £1,805 2
2011£288,750 £1,778 2
2010£317,092 £2,097 3
2008£285,0001
2007£342,500 £2,048 2
2006£267,333 £1,552 3
2005£215,000 £1,597 2
2003£160,000 £1,212 1
1996£192,500 £773 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£120,000 £2,222 1
2007£128,500 £2,380 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£162,500 £1,960 1
2015£135,000 £1,534 2
2013£145,000 £1,749 1
2009£140,000 £1,688 2
2008£125,000 £1,507 2
2005£145,000 £1,420 3
1999£69,000 £958 1

House Type in SY4 5NH area

The most common house types in the SY4 5NH postcode area are Detached (105), Semi-detached (32), and Terraced (5).

Total144
Detached105
Semi-detached32
Terraced5
Shared house1
commercial building1
Flat0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (59).

Owned: Owns outright62
Owned: Owns with a mortgage or loan59
Private rented: Private landlord or letting agency11
Social rented: Other social rented6
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the SY4 5NH have 2 people in household (62), and 1 person in household (28).

2 people in household62
1 person in household28
3 people in household27
4 people in household22
5 people in household5
7 people in household1
8 or more people in household1
0 people in household0
6 people in household0