Housing Market Analysis for PROSPECT PLACE, SY7 8LB

Are you looking to understand SY7 8LB 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 SY7 8LB area, explore the SY7 8LB Area information page.
For comprehensive crime statistics in the SY7 8LB area, explore the SY7 8LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SY7 8LB postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £108,200 median price is £145,500 Standard Deviation is £54,828 with Total Sold: 5
    • The Last 5 Year average price is £155,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 PROSPECT PLACE: £155,000 (Sold on 27 Mar 2020)
    • The first recorded sale happened at this postcode is 1 PROSPECT PLACE: £57,500 (Sold on 09 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average SY7 8LB 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£155,000 £1,938 1
2018£150,750 £2,150 2
2004£27,000 £287 1
1995£57,500 £898 1

All the Sales in the PROSPECT PLACE, SY7 8LB

See the table below for more details on the sold house prices in the SY7 8LB, Shropshire postcode.

AddressSold DatePrice% Change
3 PROSPECT PLACESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-194927 Mar 2020£155,000First Sale
2 PROSPECT PLACESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196616 Mar 2018£156,000First Sale
1 PROSPECT PLACESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1950-196601 Feb 2018£145,500153.04%
09 Jun 1995£57,500First Sale
4 PROSPECT PLACESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1900-192922 Mar 2004£27,000First Sale

Check out the sold house prices near the SY7 8LB postcode. Properties currently for saleProperties currently for rent

PROSPECT PLACE, SY7 8LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SY7 8LB 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 SY7 8LB postcode.

  • Terraced
    • The average price is around £149,492 median price is £140,000 Standard Deviation is £89,919 with Total Sold: 147
    • The Last 5 Year average price is £218,933 with Total Sold: 23
    • The most recent sale happened at this postcode is , 8 HIGH STREET: £440,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 8 CHURCH STREET: £55,000 (Sold on 19 May 1995)
  • Detached
    • The average price is around £248,227 median price is £236,500 Standard Deviation is £140,161 with Total Sold: 136
    • The Last 5 Year average price is £368,574 with Total Sold: 27
    • The most recent sale happened at this postcode is , 11 SCHOOL ROAD: £330,000 (Sold on 24 Jun 2024)
    • The first recorded sale happened at this postcode is , WINDRUSH : £70,750 (Sold on 14 Mar 1996)
  • Semi-Detached
    • The average price is around £143,997 median price is £130,000 Standard Deviation is £83,798 with Total Sold: 107
    • The Last 5 Year average price is £235,458 with Total Sold: 12
    • The most recent sale happened at this postcode is , HONEYSUCKLE COTTAGE : £315,000 (Sold on 23 Nov 2023)
    • The first recorded sale happened at this postcode is , 5 FARM CLOSE: £33,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £255,850 median price is £245,000 Standard Deviation is £128,707 with Total Sold: 15
    • The Last 5 Year average price is £311,775 with Total Sold: 10
    • The most recent sale happened at this postcode is , BRIDGE STORES CHURCH STREET: £200,000 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is , SUN INN, 10 HIGH STREET: £245,000 (Sold on 16 Dec 2013)
  • Flat
    • The average price is around £120,042 median price is £140,125 Standard Deviation is £39,391 with Total Sold: 3
    • The Last 5 Year average price is £155,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 23A HIGH STREET: £155,000 (Sold on 04 Feb 2022)
    • The first recorded sale happened at this postcode is 2, CLUNSIDE COURT HIGH STREET: £65,000 (Sold on 29 Aug 2006)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£317,5002
2023£132,500 £2,415 3
2022£350,000 £2,288 1
2021£243,143 £2,436 7
2020£209,112 £2,882 4
2019£185,750 £1,897 6
2018£147,250 £2,058 8
2017£196,500 £1,725 5
2016£217,188 £1,593 4
2015£199,488 £2,113 4
2014£213,333 £2,545 3
2013£182,667 £2,112 3
2012£202,500 £1,526 2
2011£143,000 £1,678 6
2010£224,500 £2,051 2
2009£159,400 £1,901 5
2008£120,000 £1,739 1
2007£243,400 £2,098 5
2006£180,745 £1,737 10
2005£192,333 £1,965 6
2004£127,000 £1,581 5
2003£174,062 £1,749 8
2002£101,745 £1,658 10
2001£70,250 £781 6
2000£57,612 £804 12
1999£53,165 £572 3
1998£71,0002
1997£46,500 £693 9
1996£46,125 £578 4
1995£55,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£517,5002
2023£431,875 £3,090 4
2022£380,000 £2,948 3
2021£335,167 £2,662 6
2020£350,500 £1,876 4
2019£329,500 £2,448 8
2018£350,833 £2,476 6
2017£313,333 £2,108 3
2016£240,333 £2,228 6
2015£352,500 £1,965 4
2014£170,0001
2013£326,250 £2,173 4
2012£237,500 £1,126 2
2011£214,2504
2010£360,000 £2,427 1
2009£232,917 £1,620 6
2008£291,667 £1,732 3
2007£327,167 £2,559 3
2006£320,214 £2,137 7
2005£294,429 £1,902 7
2004£281,388 £1,284 4
2003£224,800 £1,039 5
2002£155,580 £1,276 8
2001£149,000 £1,068 7
2000£181,1252
1999£105,440 £784 5
1998£64,900 £623 5
1997£98,000 £470 8
1996£81,469 £614 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£259,000 £2,723 2
2022£286,667 £2,538 3
2021£243,333 £2,260 3
2020£199,167 £2,285 3
2019£120,000 £2,222 1
2018£192,167 £2,341 3
2017£217,500 £1,796 2
2016£213,750 £2,983 2
2015£105,500 £1,459 2
2014£157,500 £2,540 1
2013£131,000 £1,849 2
2012£200,000 £2,622 1
2011£180,833 £1,438 3
2010£209,738 £1,816 4
2009£172,625 £1,630 4
2008£203,750 £2,356 4
2007£179,000 £1,430 1
2006£197,667 £1,788 3
2005£214,500 £2,471 5
2004£95,833 £842 3
2003£171,818 £1,779 11
2002£89,000 £1,200 4
2001£97,250 £1,123 4
2000£79,375 £879 6
1999£83,719 £742 8
1998£80,999 £746 7
1997£66,875 £662 6
1996£59,667 £667 3
1995£60,908 £445 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£262,5002
2022£390,0001
2021£427,7501
2020£303,750 £3,011 4
2019£280,000 £1,893 2
2018£120,000 £736 1
2017£135,0002
2016£85,000 £409 1
2013£245,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£155,000 £2,541 1
2018£140,125 £1,286 1
2006£65,000 £596 1

House Type in SY7 8LB area

The most common house types in the SY7 8LB postcode area are Semi-detached (58), Detached (53), and Terraced (36).

Total164
Semi-detached58
Detached53
Terraced36
converted building6
commercial building6
Flat4
Shared house1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Social rented: Other social rented (32).

Owned: Owns outright86
Social rented: Other social rented32
Private rented: Private landlord or letting agency26
Owned: Owns with a mortgage or loan11
Social rented: Rents from council or Local Authority5
Private rented: Other private rented4
Shared ownership: Shared ownership3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the SY7 8LB have 1 person in household (76), and 2 people in household (60).

1 person in household76
2 people in household60
3 people in household14
4 people in household9
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0