Housing Market Analysis for HOSPITAL LANE, SY7 8LE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £137,500 median price is £118,000 Standard Deviation is £106,554 with Total Sold: 10
    • The Last 5 Year average price is £165,333 with Total Sold: 3
    • The most recent sale happened at this postcode is WEEM HOUSE HOSPITAL LANE: £101,000 (Sold on 12 Oct 2021)
    • The first recorded sale happened at this postcode is LITTLE ORCHARD HOSPITAL LANE: £79,000 (Sold on 31 May 1996)
  • Terraced
    • The average price is around £193,150 median price is £212,000 Standard Deviation is £69,926 with Total Sold: 5
    • The Last 5 Year average price is £70,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4, LITTLE HOSPITAL HOSPITAL LANE: £70,000 (Sold on 12 Oct 2021)
    • The first recorded sale happened at this postcode is 1, LITTLE HOSPITAL HOSPITAL LANE: £185,000 (Sold on 27 Oct 2006)
  • Semi-Detached
    • The average price is around £160,833 median price is £172,000 Standard Deviation is £63,030 with Total Sold: 6
    • The most recent sale happened at this postcode is 1 HOSPITAL LANE: £235,000 (Sold on 29 Oct 2008)
    • The first recorded sale happened at this postcode is 3 HOSPITAL LANE: £79,000 (Sold on 29 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average SY7 8LE 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£101,000 £1,070 1
2019£197,500 £2,381 2
2017£135,000 £1,776 1
2016£405,000 £2,213 1
2009£145,000 £1,536 1
1999£55,000 £724 1
1997£34,000 £447 1
1996£52,500 £641 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£70,0001
2016£213,750 £1,353 1
2013£285,0001
2011£212,0001
2006£185,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£192,000 £3,465 2
2006£225,0001
2003£195,000 £2,532 1
1997£82,000 £1,065 1
1996£79,000 £500 1

All the Sales in the HOSPITAL LANE, SY7 8LE

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

AddressSold DatePrice% Change
WEEM HOUSE HOSPITAL LANEDetached, FreeholdArea: 94.4 Sq.mtrAge: before 190012 Oct 2021£101,000-30.34%
16 Nov 2009£145,000First Sale
4, LITTLE HOSPITAL HOSPITAL LANETerraced, Freehold12 Oct 2021£70,000First Sale
HAZEL COTTAGE, 7 HOSPITAL LANEDetached, Freehold01 Nov 2019£195,000First Sale
LITTLE ORCHARD HOSPITAL LANEDetached, FreeholdArea: 84 Sq.mtrAge: 1976-198214 Mar 2019£200,000153.16%
31 May 1996£79,000First Sale
7 HOSPITAL LANEDetached, FreeholdArea: 76 Sq.mtrAge: before 190013 Dec 2017£135,000145.45%
08 Jan 1999£55,00061.76%
10 Nov 1997£34,00030.77%
17 Sep 1996£26,000First Sale
3 HOSPITAL LANETerraced, FreeholdArea: 158 Sq.mtrAge: before 190007 Sep 2016£213,750170.57%
29 Oct 1996£79,000First Sale
13 HOSPITAL LANEDetached, FreeholdArea: 183 Sq.mtrAge: before 190012 Jan 2016£405,000First Sale
1 HOSPITAL LANETerraced, Freehold17 Jul 2013£285,00021.28%
29 Oct 2008£235,0004.44%
04 Aug 2006£225,000First Sale
1, LITTLE HOSPITAL HOSPITAL LANETerraced, Freehold07 Oct 2011£212,00014.59%
27 Oct 2006£185,000First Sale
HIGHLANDS HOSPITAL LANESemi-Detached, FreeholdArea: 43 Sq.mtrAge: before 190017 Apr 2008£149,000First Sale
5 HOSPITAL LANESemi-Detached, FreeholdArea: 77 Sq.mtrAge: before 190031 Oct 2003£195,000137.80%
03 Oct 1997£82,000First Sale

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

HOSPITAL LANE, SY7 8LE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £146,733 median price is £135,000 Standard Deviation is £89,043 with Total Sold: 150
    • The Last 5 Year average price is £209,658 with Total Sold: 25
    • 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 £233,709 median price is £222,000 Standard Deviation is £136,293 with Total Sold: 126
    • The Last 5 Year average price is £349,432 with Total Sold: 22
    • 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 , 4 THE GREEN: £56,000 (Sold on 10 Mar 1995)
  • Semi-Detached
    • The average price is around £150,383 median price is £133,500 Standard Deviation is £86,502 with Total Sold: 91
    • The Last 5 Year average price is £235,955 with Total Sold: 11
    • 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 £279,442 median price is £250,000 Standard Deviation is £122,034 with Total Sold: 13
    • 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£189,690 £2,879 5
2019£172,643 £2,000 7
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£227,500 £2,416 2
2013£182,667 £2,112 3
2012£202,500 £1,526 2
2011£136,857 £1,594 7
2010£155,0001
2009£159,400 £1,901 5
2008£105,000 £2,023 2
2007£234,500 £2,127 6
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£66,300 £781 5
2000£57,612 £804 12
1999£46,124 £607 4
1998£68,000 £713 3
1997£42,714 £715 7
1996£46,900 £576 5
1995£55,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£517,5002
2023£364,166 £3,650 3
2022£380,000 £2,948 3
2021£294,000 £2,995 4
2020£336,000 £1,871 3
2019£319,429 £2,613 7
2018£339,000 £2,406 5
2017£313,333 £2,108 3
2016£240,333 £2,228 6
2015£365,000 £1,935 2
2014£170,0002
2013£301,667 £2,157 3
2011£214,2504
2010£315,000 £2,291 2
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£298,200 £2,001 5
2004£281,388 £1,284 4
2003£221,500 £1,496 6
2002£152,830 £1,318 8
2001£142,667 £1,061 6
2000£181,1252
1999£97,533 £841 6
1998£64,900 £623 5
1997£103,071 £521 7
1996£81,469 £614 8
1995£56,000 £447 1
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£183,750 £1,990 2
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
2013£79,000 £1,162 1
2012£200,000 £2,622 1
2011£200,000 £1,170 2
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£78,500 £842 2
2003£174,050 £1,719 10
2002£89,000 £1,200 4
2001£98,333 £1,023 3
2000£55,125 £687 2
1999£83,719 £742 8
1998£88,899 £655 5
1997£70,800 £726 5
1996£79,000 £500 1
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
2017£135,0002
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 8LE area

The most common house types in the SY7 8LE 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 8LE 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