Housing Market Analysis for BISHOP CLOSE, SY5 8BU

Are you looking to understand SY5 8BU 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 SY5 8BU area, explore the SY5 8BU Area information page.
For comprehensive crime statistics in the SY5 8BU area, explore the SY5 8BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SY5 8BU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £314,150 median price is £324,950 Standard Deviation is £30,317 with Total Sold: 15
    • The Last 5 Year average price is £328,714 with Total Sold: 7
    • The most recent sale happened at this postcode is 7 BISHOP CLOSE: £351,000 (Sold on 13 Oct 2023)
    • The first recorded sale happened at this postcode is 7 BISHOP CLOSE: £351,000 (Sold on 13 Oct 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average SY5 8BU 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
2023£351,000 £3,510 4
2022£335,000 £3,350 1
2021£290,000 £2,900 1
2020£272,000 £2,720 1
2019£301,406 £2,741 8

All the Sales in the BISHOP CLOSE, SY5 8BU

See the table below for more details on the sold house prices in the SY5 8BU, Shropshire postcode.

AddressSold DatePrice% Change
7 BISHOP CLOSEDetached, FreeholdArea: 100 Sq.mtr13 Oct 2023£351,0000.0
13 Oct 2023£351,0004.78%
25 Mar 2022£335,00023.16%
06 Mar 2020£272,000-22.51%
13 Oct 2023£351,0000.0
13 Oct 2023£351,000First Sale
2 BISHOP CLOSEDetached, FreeholdArea: 100 Sq.mtr06 Aug 2021£290,0004.50%
03 May 2019£277,500First Sale
8 BISHOP CLOSEDetached, FreeholdArea: 100 Sq.mtr02 Oct 2019£277,500First Sale
9 BISHOP CLOSEDetached, FreeholdArea: 120 Sq.mtr23 Aug 2019£327,500First Sale
1 BISHOP CLOSEDetached, FreeholdArea: 120 Sq.mtr17 May 2019£324,950First Sale
4 BISHOP CLOSEDetached, FreeholdArea: 110 Sq.mtr15 May 2019£293,950First Sale
3 BISHOP CLOSEDetached, FreeholdArea: 110 Sq.mtr02 May 2019£299,950First Sale
5 BISHOP CLOSEDetached, FreeholdArea: 100 Sq.mtr15 Mar 2019£274,950First Sale
6 BISHOP CLOSEDetached, FreeholdArea: 120 Sq.mtr15 Mar 2019£334,950First Sale

Check out the sold house prices near the SY5 8BU postcode. Properties currently for saleProperties currently for rent

BISHOP CLOSE, SY5 8BU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SY5 8BU 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 SY5 8BU postcode.

  • Detached
    • The average price is around £251,337 median price is £272,000 Standard Deviation is £120,912 with Total Sold: 139
    • The Last 5 Year average price is £338,977 with Total Sold: 35
    • The most recent sale happened at this postcode is , 2 BIRCH DRIVE: £275,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , RICHMOND : £62,500 (Sold on 26 Jan 1996)
  • Semi-Detached
    • The average price is around £174,944 median price is £164,000 Standard Deviation is £77,651 with Total Sold: 88
    • The Last 5 Year average price is £212,347 with Total Sold: 32
    • The most recent sale happened at this postcode is , 1 CARADOC VIEW: £270,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 89 CARADOC VIEW: £49,950 (Sold on 08 Dec 1995)
  • Flat
    • The average price is around £90,875 median price is £96,000 Standard Deviation is £21,320 with Total Sold: 12
    • The Last 5 Year average price is £117,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 64 CARADOC VIEW: £117,000 (Sold on 20 Dec 2021)
    • The first recorded sale happened at this postcode is , 72 CARADOC VIEW: £38,000 (Sold on 30 Jun 1999)
  • Terraced
    • The average price is around £114,874 median price is £125,000 Standard Deviation is £45,075 with Total Sold: 19
    • The Last 5 Year average price is £128,833 with Total Sold: 3
    • The most recent sale happened at this postcode is , 3 DINGLE COTTAGES: £152,500 (Sold on 26 Aug 2021)
    • The first recorded sale happened at this postcode is , 3 DINGLE COTTAGES: £57,000 (Sold on 26 Jul 1995)
  • Other
    • The average price is around £510,000 median price is £480,000 Standard Deviation is £307,666 with Total Sold: 6
    • The Last 5 Year average price is £850,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , COBDEN HOUSE MILL LANE: £850,000 (Sold on 25 Mar 2020)
    • The first recorded sale happened at this postcode is , BANK HOUSE MAIN ROAD: £650,000 (Sold on 31 Aug 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£356,000 £2,441 2
2023£351,000 £3,510 1
2022£388,333 £3,245 3
2021£337,612 £3,001 13
2020£327,953 £2,548 16
2019£301,923 £2,753 11
2018£327,687 £2,150 8
2017£324,250 £2,178 4
2016£412,333 £2,309 3
2015£357,400 £2,051 5
2014£331,390 £2,060 5
2013£251,667 £1,926 3
2012£273,750 £1,912 2
2011£280,000 £1,847 2
2010£199,625 £1,635 4
2009£160,000 £2,702 1
2008£332,333 £1,668 3
2007£202,500 £1,395 2
2006£245,500 £1,971 6
2005£193,000 £1,551 4
2004£150,0001
2003£146,238 £1,531 4
2002£224,667 £1,196 3
2001£225,500 £1,249 2
2000£81,375 £938 2
1999£104,244 £755 8
1998£95,199 £803 5
1997£94,143 £643 7
1996£76,828 £670 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£270,0001
2023£244,000 £2,903 5
2022£216,900 £2,948 5
2021£180,108 £2,060 8
2020£213,827 £2,740 13
2019£207,088 £2,643 8
2018£210,300 £2,560 5
2017£280,000 £2,188 1
2016£194,975 £2,116 2
2015£210,079 £1,852 7
2014£142,000 £1,690 1
2013£141,833 £1,674 3
2012£155,125 £1,651 2
2011£67,500 £739 1
2009£156,000 £1,880 1
2007£158,167 £1,892 3
2006£171,833 £2,009 3
2005£140,000 £2,126 1
2004£140,500 £1,656 2
2003£117,333 £1,468 3
2002£124,972 £1,297 2
2001£73,082 £974 3
2000£52,750 £827 2
1999£43,725 £649 2
1997£83,950 £848 1
1996£45,500 £610 2
1995£49,950 £561 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£117,000 £1,945 1
2017£101,500 £1,692 1
2016£105,000 £1,630 1
2015£95,000 £1,636 2
2010£97,000 £1,613 1
2008£73,000 £1,141 1
2007£117,500 £2,098 1
2006£95,000 £1,863 1
2005£82,0001
2004£74,500 £1,380 1
1999£38,000 £704 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£128,833 £1,809 3
2019£111,370 £1,749 3
2014£212,500 £2,565 1
2011£135,000 £1,677 1
2009£190,000 £2,293 1
2008£135,500 £1,683 2
2004£125,000 £1,552 1
2003£157,500 £1,901 1
2000£86,000 £956 1
1998£63,498 £738 2
1996£50,500 £559 2
1995£57,000 £708 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£850,000 £3,295 1
2019£900,000 £11,111 1
2018£220,000 £2,773 3
2017£650,000 £2,686 1

House Type in SY5 8BU area

The most common house types in the SY5 8BU postcode area are Detached (95), Semi-detached (82), and Flat (39).

Total227
Detached95
Semi-detached82
Flat39
Terraced8
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 with a mortgage or loan (78), and Owned: Owns outright (60).

Owned: Owns with a mortgage or loan78
Owned: Owns outright60
Social rented: Other social rented41
Social rented: Rents from council or Local Authority18
Shared ownership: Shared ownership11
Private rented: Private landlord or letting agency10
Private rented: Other private rented7
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the SY5 8BU have 2 people in household (86), and 1 person in household (68).

2 people in household86
1 person in household68
3 people in household28
4 people in household25
5 people in household15
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0