Housing Market Analysis for POST OFFICE LANE, SY5 8LR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £229,938 median price is £170,000 Standard Deviation is £174,318 with Total Sold: 8
    • The Last 5 Year average price is £486,000 with Total Sold: 2
    • The most recent sale happened at this postcode is MEADOW SWEET POST OFFICE LANE: £322,000 (Sold on 28 Sep 2021)
    • The first recorded sale happened at this postcode is MEADOW SWEET POST OFFICE LANE: £72,500 (Sold on 05 Sep 1997)
  • Other
    • The average price is around £265,000 median price is £265,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 POST OFFICE LANE: £265,000 (Sold on 04 May 2018)
    • The first recorded sale happened at this postcode is 5 POST OFFICE LANE: £265,000 (Sold on 04 May 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average SY5 8LR 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
2021£486,000 £4,176 2
2014£220,000 £1,982 1
2010£180,000 £1,577 1
2009£160,000 £2,702 1
2005£135,000 £1,183 1
2003£100,000 £1,689 1
1997£72,500 £562 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£265,000 £2,849 1

All the Sales in the POST OFFICE LANE, SY5 8LR

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

AddressSold DatePrice% Change
MEADOW SWEET POST OFFICE LANEDetached, FreeholdArea: 129 Sq.mtrAge: 1967-197528 Sep 2021£322,000344.14%
05 Sep 1997£72,500First Sale
7 POST OFFICE LANEDetached, FreeholdArea: 111 Sq.mtrAge: 1900-192930 Jun 2021£650,000195.45%
06 Jan 2014£220,000First Sale
5 POST OFFICE LANEOther, FreeholdArea: 93 Sq.mtrAge: 1950-196604 May 2018£265,000First Sale
THE BIRCHES POST OFFICE LANEDetached, FreeholdArea: 114.13 Sq.mtrAge: 1930-194921 May 2010£180,00033.33%
18 Feb 2005£135,000First Sale
RHADLEY POST OFFICE LANEDetached, FreeholdArea: 59.22 Sq.mtrAge: 1900-192916 Feb 2009£160,00060.00%
22 May 2003£100,000First Sale

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

POST OFFICE LANE, SY5 8LR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £187,151 median price is £177,450 Standard Deviation is £79,611 with Total Sold: 86
    • The Last 5 Year average price is £229,800 with Total Sold: 27
    • The most recent sale happened at this postcode is , KERSTYN WEIR ROAD: £362,500 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 62 CARADOC VIEW: £36,000 (Sold on 12 Apr 1996)
  • Detached
    • The average price is around £234,251 median price is £235,000 Standard Deviation is £112,895 with Total Sold: 273
    • The Last 5 Year average price is £323,358 with Total Sold: 62
    • 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 , 24 CHESTNUT CLOSE: £84,500 (Sold on 05 Apr 1995)
  • Flat
    • The average price is around £90,423 median price is £95,000 Standard Deviation is £20,543 with Total Sold: 13
    • 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 £423,438 median price is £287,500 Standard Deviation is £309,896 with Total Sold: 8
    • 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 , CROFT MEADOW : £62,500 (Sold on 09 Nov 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,2502
2023£275,625 £3,306 4
2022£195,500 £3,026 3
2021£214,727 £2,269 6
2020£216,229 £2,768 12
2019£206,275 £2,656 8
2018£228,000 £2,314 4
2017£280,000 £2,188 1
2016£209,988 £2,050 4
2015£288,512 £2,090 4
2014£181,000 £1,616 1
2013£157,100 £2,035 5
2012£155,000 £1,842 1
2011£166,000 £1,212 1
2009£156,000 £1,880 1
2008£160,0001
2007£158,167 £1,892 3
2006£209,900 £2,058 5
2005£149,500 £1,699 2
2004£149,498 £1,520 3
2003£132,250 £1,619 2
2002£124,972 £1,297 2
2001£73,625 £893 2
2000£52,750 £827 2
1999£37,5001
1997£76,150 £632 3
1996£48,667 £575 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£356,000 £2,441 2
2023£342,000 £3,442 5
2022£353,750 £3,223 10
2021£303,302 £3,100 23
2020£323,307 £2,692 22
2019£292,610 £2,712 15
2018£315,136 £2,272 11
2017£311,700 £2,444 10
2016£294,875 £2,300 8
2015£309,222 £2,201 9
2014£342,895 £1,936 10
2013£211,200 £2,032 5
2012£257,167 £1,784 3
2011£240,939 £2,091 9
2010£211,417 £1,780 6
2009£206,714 £2,360 7
2008£296,400 £1,668 5
2007£215,643 £1,970 7
2006£234,590 £2,140 11
2005£198,557 £1,520 8
2004£215,000 £1,436 4
2003£146,064 £1,460 7
2002£176,245 £1,311 12
2001£144,627 £921 11
2000£109,607 £1,097 7
1999£96,950 £867 11
1998£96,859 £824 11
1997£91,889 £659 9
1996£77,711 £737 14
1995£84,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£117,000 £1,945 1
2019£85,000 £1,977 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£457,500 £2,686 2
2016£62,500 £463 1

House Type in SY5 8LR area

The most common house types in the SY5 8LR postcode area are Detached (65), Terraced (18), and Semi-detached (15).

Total99
Detached65
Terraced18
Semi-detached15
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright44
Owned: Owns with a mortgage or loan27
Social rented: Other social rented19
Social rented: Rents from council or Local Authority6
Private rented: Private landlord or letting agency1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the SY5 8LR have 2 people in household (37), and 1 person in household (32).

2 people in household37
1 person in household32
3 people in household14
4 people in household11
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0