Housing Market Analysis for SILK MILL LANE, SY8 1BJ

Are you looking to understand SY8 1BJ 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 SY8 1BJ area, explore the SY8 1BJ Area information page.
For comprehensive crime statistics in the SY8 1BJ area, explore the SY8 1BJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SY8 1BJ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £192,500 median price is £192,500 Standard Deviation is £42,500 with Total Sold: 2
    • The most recent sale happened at this postcode is BROADGATE COTTAGE SILK MILL LANE: £235,000 (Sold on 23 Aug 2004)
    • The first recorded sale happened at this postcode is BROADGATE COTTAGE SILK MILL LANE: £150,000 (Sold on 09 Nov 2001)
  • Detached
    • The average price is around £172,000 median price is £172,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 SILK MILL LANE: £172,000 (Sold on 30 Apr 1997)
    • The first recorded sale happened at this postcode is 1 SILK MILL LANE: £172,000 (Sold on 30 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average SY8 1BJ 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
2004£235,0001
2001£150,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£172,0001

All the Sales in the SILK MILL LANE, SY8 1BJ

See the table below for more details on the sold house prices in the SY8 1BJ, Shropshire postcode.

AddressSold DatePrice% Change
BROADGATE COTTAGE SILK MILL LANESemi-Detached, Freehold23 Aug 2004£235,00056.67%
09 Nov 2001£150,000First Sale
1 SILK MILL LANEDetached, Freehold30 Apr 1997£172,000First Sale

Check out the sold house prices near the SY8 1BJ postcode. Properties currently for saleProperties currently for rent

SILK MILL LANE, SY8 1BJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SY8 1BJ 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 SY8 1BJ postcode.

  • Detached
    • The average price is around £345,311 median price is £279,950 Standard Deviation is £235,096 with Total Sold: 207
    • The Last 5 Year average price is £568,326 with Total Sold: 36
    • The most recent sale happened at this postcode is , BREDON LINNEY: £757,500 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 7 UPPER LINNEY: £108,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £209,582 median price is £170,000 Standard Deviation is £168,977 with Total Sold: 900
    • The Last 5 Year average price is £338,723 with Total Sold: 137
    • The most recent sale happened at this postcode is , 7 ST STEPHENS CLOSE: £210,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 11 TEMESIDE: £46,000 (Sold on 25 Jan 1995)
  • Flat
    • The average price is around £125,476 median price is £114,000 Standard Deviation is £61,091 with Total Sold: 405
    • The Last 5 Year average price is £141,132 with Total Sold: 85
    • The most recent sale happened at this postcode is , 2 COLLEGE COURT: £80,000 (Sold on 12 Jun 2024)
    • The first recorded sale happened at this postcode is FLAT A, 3 CASTLE STREET: £32,000 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £432,241 median price is £330,000 Standard Deviation is £410,085 with Total Sold: 70
    • The Last 5 Year average price is £450,234 with Total Sold: 32
    • The most recent sale happened at this postcode is , THE ORCHARD LINNEY: £964,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 6 - 7 HIGH STREET: £340,000 (Sold on 10 Mar 2014)
  • Semi-Detached
    • The average price is around £169,493 median price is £150,000 Standard Deviation is £98,683 with Total Sold: 189
    • The Last 5 Year average price is £255,120 with Total Sold: 28
    • The most recent sale happened at this postcode is , 2 LINNEY FIELDS: £114,000 (Sold on 15 Jan 2024)
    • The first recorded sale happened at this postcode is , 33 JOCKEY FIELD: £43,000 (Sold on 26 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£818,5005
2023£410,000 £3,074 6
2022£690,000 £4,288 5
2021£416,875 £3,894 8
2020£724,143 £4,236 7
2019£410,650 £3,082 5
2018£583,542 £2,537 4
2017£462,833 £2,763 6
2016£323,667 £2,740 6
2015£422,914 £3,134 7
2014£392,000 £2,089 8
2013£417,000 £2,210 5
2012£357,500 £1,329 4
2011£364,124 £2,945 4
2010£508,000 £3,371 7
2009£267,000 £2,689 6
2008£413,333 £2,574 6
2007£442,143 £2,787 7
2006£399,943 £2,165 7
2005£381,250 £2,259 6
2004£253,304 £1,754 13
2003£288,704 £1,899 14
2002£384,000 £3,270 4
2001£207,314 £1,830 11
2000£124,476 £1,240 10
1999£138,000 £813 10
1998£117,000 £1,120 6
1997£156,250 £819 6
1996£147,429 £946 7
1995£90,143 £712 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£286,800 £4,204 12
2023£392,604 £3,473 12
2022£392,509 £2,922 28
2021£332,363 £3,227 41
2020£347,444 £3,168 18
2019£283,885 £3,128 26
2018£309,426 £2,828 31
2017£265,167 £2,344 24
2016£279,051 £2,452 30
2015£219,690 £2,159 30
2014£276,764 £2,432 34
2013£278,208 £2,286 24
2012£226,200 £2,147 21
2011£207,558 £2,096 25
2010£207,152 £2,600 25
2009£259,239 £2,612 26
2008£244,868 £2,342 25
2007£302,942 £3,191 26
2006£233,258 £2,618 36
2005£203,194 £2,150 35
2004£209,866 £1,941 28
2003£167,439 £1,612 40
2002£162,106 £1,742 47
2001£127,964 £1,163 46
2000£110,812 £1,013 43
1999£76,210 £875 45
1998£86,268 £1,024 36
1997£73,034 £931 29
1996£79,940 £510 31
1995£72,029 £731 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£131,0003
2023£149,794 £2,399 17
2022£140,061 £2,100 22
2021£139,872 £2,128 20
2020£156,250 £1,998 8
2019£128,530 £2,390 15
2018£136,538 £1,942 13
2017£134,167 £2,128 15
2016£108,222 £2,213 18
2015£141,425 £1,964 20
2014£135,289 £2,271 18
2013£115,600 £1,957 10
2012£114,310 £2,066 22
2011£138,542 £1,996 12
2010£124,621 £2,112 16
2009£126,225 £2,092 22
2008£139,423 £1,985 13
2007£172,778 £2,202 16
2006£141,170 £2,576 28
2005£140,457 £2,257 14
2004£150,952 £1,915 23
2003£116,071 £1,743 7
2002£82,238 £1,619 8
2001£64,732 £1,167 8
2000£46,062 £959 8
1999£51,688 £943 8
1998£75,612 £1,050 4
1997£34,579 £603 7
1996£42,742 £846 6
1995£44,762 £544 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£614,5002
2023£526,7504
2022£513,350 £3,161 10
2021£230,5836
2020£182,857 £3,310 7
2019£1,091,500 £5,349 3
2018£513,327 £677 10
2017£348,238 £4,034 13
2016£364,903 £1,836 10
2015£400,0002
2014£580,0003
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£114,000 £1,701 1
2023£285,814 £3,168 4
2022£259,143 £3,390 7
2021£232,789 £2,476 9
2020£395,000 £3,068 3
2019£198,000 £2,340 4
2018£243,000 £2,559 6
2017£281,250 £2,626 8
2016£200,750 £2,093 2
2015£241,875 £2,319 4
2014£160,790 £1,810 5
2013£187,375 £1,967 2
2012£219,833 £2,572 6
2011£153,990 £2,072 5
2010£164,998 £3,104 2
2009£261,667 £2,178 3
2008£185,167 £1,293 6
2007£211,414 £2,426 7
2006£246,675 £2,114 4
2005£193,343 £2,364 7
2004£183,682 £1,943 11
2003£196,409 £1,506 11
2002£128,799 £1,456 16
2001£106,300 £1,343 10
2000£78,330 £994 10
1999£66,711 £835 13
1998£77,903 £985 9
1997£52,000 £809 2
1996£65,969 £541 8
1995£53,000 £613 4

House Type in SY8 1BJ area

The most common house types in the SY8 1BJ postcode area are Terraced (76), Detached (21), and Semi-detached (14).

Total122
Terraced76
Detached21
Semi-detached14
Flat5
converted building3
Shared house2
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Private rented: Private landlord or letting agency (19).

Owned: Owns outright74
Private rented: Private landlord or letting agency19
Social rented: Other social rented13
Owned: Owns with a mortgage or loan11
Private rented: Other private rented4
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the SY8 1BJ have 1 person in household (63), and 2 people in household (51).

1 person in household63
2 people in household51
3 people in household6
4 people in household3
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0