Housing Market Analysis for SOMERSET WAY, SY4 5TW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £72,371 median price is £84,250 Standard Deviation is £26,038 with Total Sold: 12
    • The Last 5 Year average price is £96,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 73 SOMERSET WAY: £95,000 (Sold on 31 Mar 2021)
    • The first recorded sale happened at this postcode is 75 SOMERSET WAY: £30,500 (Sold on 25 Mar 1996)
  • Semi-Detached
    • The average price is around £81,062 median price is £71,250 Standard Deviation is £44,182 with Total Sold: 16
    • The Last 5 Year average price is £156,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 67 SOMERSET WAY: £156,000 (Sold on 07 Jun 2019)
    • The first recorded sale happened at this postcode is 87 SOMERSET WAY: £28,000 (Sold on 11 Apr 1996)
  • Detached
    • The average price is around £157,000 median price is £157,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 59 SOMERSET WAY: £157,000 (Sold on 03 Jun 2014)
    • The first recorded sale happened at this postcode is 59 SOMERSET WAY: £157,000 (Sold on 03 Jun 2014)
  • Flat
    • The average price is around £34,500 median price is £34,500 Standard Deviation is £4,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 73 SOMERSET WAY: £39,000 (Sold on 26 Apr 2002)
    • The first recorded sale happened at this postcode is 73 SOMERSET WAY: £30,000 (Sold on 14 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average SY4 5TW 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
2021£95,000 £1,792 1
2020£97,000 £2,310 1
2018£85,000 £1,604 1
2015£82,500 £1,557 1
2014£88,250 £2,075 2
2007£97,000 £2,310 1
2005£85,500 £2,036 1
2003£57,950 £1,866 1
1997£31,500 £750 1
1996£30,250 £780 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£156,000 £2,943 1
2017£143,500 £2,657 1
2014£128,000 £2,415 1
2010£145,000 £2,686 1
2006£90,000 £2,143 1
2004£99,500 £2,058 3
2003£59,500 £1,384 1
2002£37,500 £872 1
2001£50,250 £1,038 2
2000£32,000 £738 2
1997£46,500 £861 1
1996£28,000 £651 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£157,000 £2,962 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£39,000 £736 1
1998£30,000 £566 1

All the Sales in the SOMERSET WAY, SY4 5TW

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

AddressSold DatePrice% Change
73 SOMERSET WAYTerraced, FreeholdArea: 53 Sq.mtrAge: 1983-199031 Mar 2021£95,00011.76%
09 Aug 2018£85,0003.03%
16 Oct 2015£82,500111.54%
26 Apr 2002£39,00030.00%
14 Aug 1998£30,000First Sale
81 SOMERSET WAYTerraced, FreeholdArea: 42 Sq.mtrAge: 1967-197515 Sep 2020£97,0000.0
03 Sep 2007£97,00013.45%
19 Aug 2005£85,500171.43%
11 Aug 1997£31,500First Sale
67 SOMERSET WAYSemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1983-199007 Jun 2019£156,00021.88%
25 Nov 2014£128,0006.67%
23 Jul 2004£120,00087.50%
08 Jun 2001£64,000First Sale
63 SOMERSET WAYSemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1991-199529 Sep 2017£143,500208.60%
05 Nov 1997£46,500First Sale
85 SOMERSET WAYTerraced, FreeholdArea: 42 Sq.mtrAge: 1983-199031 Oct 2014£83,500-7.22%
14 Jul 2006£90,000146.58%
19 Sep 2001£36,50017.74%
31 Mar 2000£31,000First Sale
87 SOMERSET WAYTerraced, FreeholdArea: 43 Sq.mtrAge: 1983-199017 Oct 2014£93,00056.30%
22 Aug 2003£59,50058.67%
25 Jan 2002£37,50033.93%
11 Apr 1996£28,000First Sale
59 SOMERSET WAYDetached, FreeholdArea: 53 Sq.mtrAge: 1983-199003 Jun 2014£157,000First Sale
71 SOMERSET WAYSemi-Detached, FreeholdArea: 53.98 Sq.mtrAge: 1967-197529 Apr 2010£145,00045.00%
03 Aug 2004£100,000First Sale
77 SOMERSET WAYSemi-Detached, Freehold09 Dec 2004£78,500137.88%
30 Jun 2000£33,000First Sale
75 SOMERSET WAYTerraced, FreeholdArea: 31.05 Sq.mtrAge: 1983-199018 Feb 2003£57,95090.00%
25 Mar 1996£30,500First Sale
83 SOMERSET WAYTerraced, FreeholdArea: 52 Sq.mtrAge: 1983-199013 Dec 1996£30,000First Sale

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

SOMERSET WAY, SY4 5TW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £167,108 median price is £158,250 Standard Deviation is £89,650 with Total Sold: 416
    • The Last 5 Year average price is £266,626 with Total Sold: 65
    • The most recent sale happened at this postcode is , 14 MARLCROFT: £320,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 PYMS ROAD: £52,000 (Sold on 10 Mar 1995)
  • Semi-Detached
    • The average price is around £126,022 median price is £130,000 Standard Deviation is £68,024 with Total Sold: 274
    • The Last 5 Year average price is £197,875 with Total Sold: 42
    • The most recent sale happened at this postcode is , 26 LOWE HILL ROAD: £225,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 64 SOMERSET WAY: £40,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £62,022 median price is £48,500 Standard Deviation is £40,471 with Total Sold: 79
    • The Last 5 Year average price is £101,846 with Total Sold: 13
    • The most recent sale happened at this postcode is FLAT 6, THE HOLLIES, 22 NOBLE STREET: £100,000 (Sold on 20 Mar 2024)
    • The first recorded sale happened at this postcode is FLAT 7, THE HOLLIES, 22 NOBLE STREET: £11,000 (Sold on 19 Apr 1995)
  • Terraced
    • The average price is around £96,130 median price is £90,000 Standard Deviation is £58,229 with Total Sold: 265
    • The Last 5 Year average price is £156,013 with Total Sold: 38
    • The most recent sale happened at this postcode is , 17 LOWE HILL GARDENS: £179,000 (Sold on 15 Feb 2024)
    • The first recorded sale happened at this postcode is , 7 DAVIES DRIVE: £26,500 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £296,864 median price is £115,000 Standard Deviation is £430,443 with Total Sold: 14
    • The Last 5 Year average price is £375,688 with Total Sold: 8
    • The most recent sale happened at this postcode is , WEM BUSINESS PARK NEW STREET: £120,000 (Sold on 27 May 2023)
    • The first recorded sale happened at this postcode is , 97 NEW STREET: £120,000 (Sold on 11 Dec 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£342,1124
2023£314,500 £3,316 11
2022£257,055 £3,720 9
2021£259,640 £2,828 16
2020£258,071 £2,595 14
2019£220,181 £2,661 11
2018£211,283 £2,446 23
2017£222,256 £2,262 13
2016£221,875 £2,338 16
2015£192,000 £2,105 14
2014£191,639 £2,125 18
2013£164,182 £2,004 19
2012£135,778 £2,304 9
2011£161,045 £2,109 10
2010£180,188 £2,202 8
2009£230,250 £2,448 4
2008£254,000 £1,647 4
2007£240,188 £2,197 16
2006£188,441 £2,187 18
2005£183,600 £2,500 5
2004£143,321 £2,048 14
2003£154,275 £1,554 20
2002£127,218 £1,607 15
2001£109,214 £1,167 21
2000£89,050 £931 15
1999£73,183 £964 24
1998£72,229 £767 23
1997£95,438 £807 8
1996£76,631 £856 21
1995£65,123 £761 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,500 £2,512 4
2023£205,900 £3,193 5
2022£242,643 £3,050 7
2021£194,977 £2,967 11
2020£153,000 £1,858 5
2019£173,900 £2,219 10
2018£182,494 £2,114 9
2017£162,938 £2,204 8
2016£149,100 £1,931 5
2015£143,143 £2,004 7
2014£160,555 £2,073 9
2013£162,167 £1,973 9
2012£142,545 £1,802 10
2011£114,612 £2,506 4
2010£144,722 £2,285 9
2009£143,000 £2,642 4
2008£149,571 £1,519 7
2007£152,182 £2,377 11
2006£174,909 £1,963 11
2005£155,905 £2,076 11
2004£131,779 £1,878 14
2003£102,925 £1,656 14
2002£83,132 £1,093 11
2001£66,235 £1,005 17
2000£49,417 £969 6
1999£57,804 £812 14
1998£52,300 £682 10
1997£51,091 £735 11
1996£44,521 £704 12
1995£50,183 £650 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,0001
2023£101,400 £1,529 5
2022£142,000 £1,844 1
2021£88,000 £1,509 4
2020£63,000 £1,016 1
2019£160,000 £1,240 1
2018£58,750 £766 2
2015£60,500 £1,239 2
2014£73,232 £1,234 5
2013£41,000 £888 2
2012£63,000 £1,331 1
2011£108,500 £841 1
2010£111,480 £1,875 5
2009£124,650 £1,964 3
2007£95,333 £1,320 3
2006£51,750 £549 2
2005£77,000 £1,011 1
2004£73,833 £1,442 3
2003£42,667 £752 6
2002£32,833 £729 6
2001£32,917 £702 6
2000£29,417 £588 6
1999£19,500 £243 2
1998£18,500 £330 2
1997£28,438 £619 4
1995£20,375 £423 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£176,5002
2023£154,611 £2,308 9
2022£163,250 £2,208 4
2021£174,745 £2,006 11
2020£126,929 £1,810 7
2019£144,060 £1,803 5
2018£128,750 £1,684 4
2017£127,250 £1,909 8
2016£160,125 £1,471 8
2015£99,000 £1,547 6
2014£116,875 £1,745 8
2013£114,932 £1,573 8
2012£124,800 £1,031 5
2011£116,921 £1,541 7
2010£105,250 £1,731 4
2009£97,333 £1,558 3
2008£140,500 £1,688 7
2007£121,600 £1,744 10
2006£119,896 £1,827 12
2005£113,385 £1,717 13
2004£104,540 £1,795 10
2003£109,995 £1,728 11
2002£66,687 £981 16
2001£56,639 £796 9
2000£44,250 £726 16
1999£42,876 £733 18
1998£42,996 £647 13
1997£39,906 £623 8
1996£37,823 £631 13
1995£33,400 £595 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£120,0001
2022£110,0001
2021£40,500 £72 2
2020£1,320,000 £16,431 2
2019£27,250 £364 2
2017£206,120 £1,042 5
2015£120,0001

House Type in SY4 5TW area

The most common house types in the SY4 5TW postcode area are Detached (61), Semi-detached (39), and Flat (7).

Total114
Detached61
Semi-detached39
Flat7
Terraced4
Shared house2
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright64
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency21
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SY4 5TW have 1 person in household (60), and 2 people in household (40).

1 person in household60
2 people in household40
3 people in household8
4 people in household5
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0