Housing Market Analysis for WEM LANE, SY4 5RT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £217,786 median price is £222,500 Standard Deviation is £62,173 with Total Sold: 14
    • The Last 5 Year average price is £206,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 6, DAIRY HOUSE BARNS WEM LANE: £245,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is 4, DAIRY HOUSE BARNS WEM LANE: £175,000 (Sold on 03 Mar 2006)
  • Detached
    • The average price is around £248,221 median price is £233,500 Standard Deviation is £110,373 with Total Sold: 13
    • The Last 5 Year average price is £347,500 with Total Sold: 2
    • The most recent sale happened at this postcode is BROOK COTTAGE WEM LANE: £425,000 (Sold on 14 May 2021)
    • The first recorded sale happened at this postcode is DUNROAMIN WEM LANE: £57,500 (Sold on 16 Oct 2000)
  • Semi-Detached
    • The average price is around £194,000 median price is £194,000 Standard Deviation is £19,400 with Total Sold: 2
    • The most recent sale happened at this postcode is SUNNYSIDE WEM LANE: £174,600 (Sold on 30 Apr 2018)
    • The first recorded sale happened at this postcode is PLOUGHMANS COTTAGE WEM LANE: £213,400 (Sold on 31 Mar 2017)
  • Other
    • The average price is around £942,140 median price is £660,000 Standard Deviation is £607,841 with Total Sold: 3
    • The Last 5 Year average price is £1,786,420 with Total Sold: 1
    • The most recent sale happened at this postcode is SUNDORNE FARM WEM LANE: £380,000 (Sold on 26 Jan 2017)
    • The first recorded sale happened at this postcode is THE MEWS WEM LANE: £1,786,420 (Sold on 17 Mar 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average SY4 5RT 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,0001
2023£280,000 £2,979 1
2020£150,000 £1,596 2
2017£146,500 £5,780 2
2016£250,000 £1,543 1
2008£290,000 £1,790 1
2007£310,000 £1,938 1
2006£216,200 £3,896 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£425,000 £2,167 1
2019£270,000 £2,838 1
2018£233,500 £2,162 1
2011£360,000 £1,836 1
2007£390,0001
2006£161,5001
2005£200,000 £2,130 2
2004£212,378 £2,334 1
2003£330,000 £2,062 1
2002£193,500 £705 2
2000£57,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£174,600 £2,285 1
2017£213,400 £2,812 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£380,000 £4,176 1
2014£660,000 £1,477 1
2023£1,786,4201

All the Sales in the WEM LANE, SY4 5RT

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

AddressSold DatePrice% Change
6, DAIRY HOUSE BARNS WEM LANETerraced, Freehold26 Jul 2024£245,00031.02%
01 Aug 2006£187,000First Sale
4, DAIRY HOUSE BARNS WEM LANETerraced, FreeholdArea: 94 Sq.mtrAge: 2003-200606 Mar 2023£280,00040.00%
21 Sep 2020£200,000100.00%
30 Mar 2020£100,000-31.51%
31 Oct 2017£146,000-16.57%
03 Mar 2006£175,000First Sale
BROOK COTTAGE WEM LANEDetached, FreeholdArea: 196.1 Sq.mtrAge: 2007 onwards14 May 2021£425,00018.06%
17 Aug 2011£360,000First Sale
GRASS HEYES WEM LANEDetached, FreeholdArea: 95.14 Sq.mtrAge: before 190005 Apr 2019£270,000First Sale
2, DAIRY HOUSE BARNS WEM LANEDetached, FreeholdArea: 108 Sq.mtrAge: 2003-200628 Aug 2018£233,5001.52%
28 Oct 2005£230,000First Sale
SUNNYSIDE WEM LANESemi-Detached, FreeholdArea: 76.4 Sq.mtrAge: 1900-192930 Apr 2018£174,600First Sale
PLOUGHMANS COTTAGE WEM LANESemi-Detached, FreeholdArea: 75.9 Sq.mtrAge: 1900-192931 Mar 2017£213,400First Sale
5, DAIRY HOUSE BARNS WEM LANETerraced, FreeholdArea: 14.69 Sq.mtrAge: 2003-200622 Mar 2017£147,000-18.33%
01 Aug 2006£180,000First Sale
SUNDORNE FARM WEM LANEOther, FreeholdArea: 91 Sq.mtrAge: 1900-192926 Jan 2017£380,00078.93%
01 Apr 2004£212,378First Sale
3, DAIRY HOUSE BARNS WEM LANETerraced, FreeholdArea: 162 Sq.mtrAge: 2003-200622 Apr 2016£250,000-13.79%
10 Jan 2008£290,00016.47%
07 Sep 2006£249,000First Sale
THE MEWS WEM LANEOther, FreeholdArea: 447 Sq.mtrAge: before 190005 Dec 2014£660,000109.52%
22 Jul 2002£315,000-82.37%
17 Mar 2023£1,786,420First Sale
BROOKSIDE WEM LANEDetached, Freehold26 Oct 2007£390,000141.49%
16 Jun 2006£161,500124.31%
26 Apr 2002£72,000First Sale
1, DAIRY HOUSE BARNS WEM LANETerraced, FreeholdArea: 160 Sq.mtrAge: before 190012 Sep 2007£310,0006.90%
01 Aug 2006£290,000First Sale
SOULTON LODGE WEM LANEDetached, Freehold15 Jul 2005£170,000First Sale
DAIRY HOUSE WEM LANEDetached, FreeholdArea: 160 Sq.mtrAge: before 190031 Jan 2003£330,000First Sale
DUNROAMIN WEM LANEDetached, Freehold16 Oct 2000£57,500First Sale

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

WEM LANE, SY4 5RT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £217,786 median price is £222,500 Standard Deviation is £62,173 with Total Sold: 14
    • The Last 5 Year average price is £206,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 6, DAIRY HOUSE BARNS WEM LANE: £245,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is 4, DAIRY HOUSE BARNS WEM LANE: £175,000 (Sold on 03 Mar 2006)
  • Other
    • The average price is around £942,140 median price is £660,000 Standard Deviation is £607,841 with Total Sold: 3
    • The Last 5 Year average price is £1,786,420 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE MEWS WEM LANE: £1,786,420 (Sold on 17 Mar 2023)
    • The first recorded sale happened at this postcode is , THE MEWS WEM LANE: £660,000 (Sold on 05 Dec 2014)
  • Detached
    • The average price is around £248,221 median price is £233,500 Standard Deviation is £110,373 with Total Sold: 13
    • The Last 5 Year average price is £347,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , BROOK COTTAGE WEM LANE: £425,000 (Sold on 14 May 2021)
    • The first recorded sale happened at this postcode is , DUNROAMIN WEM LANE: £57,500 (Sold on 16 Oct 2000)
  • Semi-Detached
    • The average price is around £194,000 median price is £194,000 Standard Deviation is £19,400 with Total Sold: 2
    • The most recent sale happened at this postcode is , SUNNYSIDE WEM LANE: £174,600 (Sold on 30 Apr 2018)
    • The first recorded sale happened at this postcode is , PLOUGHMANS COTTAGE WEM LANE: £213,400 (Sold on 31 Mar 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,0001
2023£280,000 £2,979 1
2020£150,000 £1,596 2
2017£146,500 £5,780 2
2016£250,000 £1,543 1
2008£290,000 £1,790 1
2007£310,000 £1,938 1
2006£216,200 £3,896 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,786,4201
2017£380,000 £4,176 1
2014£660,000 £1,477 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£425,000 £2,167 1
2019£270,000 £2,838 1
2018£233,500 £2,162 1
2011£360,000 £1,836 1
2007£390,0001
2006£161,5001
2005£200,000 £2,130 2
2004£212,378 £2,334 1
2003£330,000 £2,062 1
2002£193,500 £705 2
2000£57,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£174,600 £2,285 1
2017£213,400 £2,812 1

House Type in SY4 5RT area

The most common house types in the SY4 5RT postcode area are Detached (72), Semi-detached (43), and Terraced (8).

Total126
Detached72
Semi-detached43
Terraced8
temporary structure3
Flat0
Shared house0
converted building0
commercial building0

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 (31).

Owned: Owns outright62
Owned: Owns with a mortgage or loan31
Social rented: Other social rented17
Shared ownership: Shared ownership5
Private rented: Private landlord or letting agency5
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SY4 5RT have 2 people in household (50), and 1 person in household (24).

2 people in household50
1 person in household24
3 people in household24
4 people in household18
5 people in household6
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0