House Prices in SY2 House Prices in SY2 (Shrewsbury)

The average house price in SY2 (Shrewsbury) is £274,306 using HM Land Registry data.

The average property price increased by £48,668 (15.08%) over the last 5 years and increased by £9,727 (2.46%) over the last 12 months.

Over the last year, there were 267 residential property sales – a decrease of 172 transactions (-64.42%) relative to the previous year. The majority of house sales (56) were in the £212,000 - £264,000 range. Then came properties in the £264,000 - £316,000 range, where 52 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,950 (-2%).

In May 2025, there were 51 new estate agency instructions, 60 agreed home sales and 47 property price reductions.

5-Year Average Property Prices in SY2 (Shrewsbury)

15.08%

Property prices in SY2 (Shrewsbury) increased by 15.08% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SY2 (Shrewsbury) Over the Last Year

2.46%

Property prices in SY2 (Shrewsbury) increased by 2.46% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for SY2 (Shrewsbury) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SY2 (Shrewsbury)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SY2 (Shrewsbury)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SY2 (Shrewsbury)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SY2 (Shrewsbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SY2 postcode area since 1995.

Recent Sales in SY2 (Shrewsbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
26 Sutton Grove, Shrewsbury, Shropshire, SY2 6DN£375,000£357,500-£17,50031 Jul 202414 Feb 2025198 Days
11 Carmen Avenue, Shrewsbury, Shropshire, SY2 5NP£295,000£290,000-£5,00021 Aug 202413 Feb 2025176 Days
37 Underdale Road, Shrewsbury, Shropshire, SY2 5DT£875,000£840,000-£35,00011 Sep 202405 Feb 2025147 Days
42 Harcourt Crescent, Shrewsbury, Shropshire, SY2 5LQ£239,000£227,000-£12,00016 Jul 202428 Jan 2025196 Days
42 Galton Drive, Shrewsbury, Shropshire, SY2 5YA£275,000£253,000-£22,00023 Apr 202424 Jan 2025276 Days
77 Highfields, Shrewsbury, Shropshire, SY2 5PH£365,000£362,500-£2,50017 Jun 202414 Jan 2025211 Days
5 Winifred Close, Shrewsbury, Shropshire, SY2 5NU£400,000£395,000-£5,00020 Jul 202414 Jan 2025178 Days
102 Monkmoor Road, Shrewsbury, Shropshire, SY2 5BN£349,995£340,000-£9,99510 Sep 202410 Jan 2025122 Days
36 Ashley Street, Shrewsbury, Shropshire, SY2 5DU£295,000£295,000£027 Sep 202408 Jan 2025103 Days
10 Mereside, Shrewsbury, Shropshire, SY2 6LF£250,000£235,000-£15,00006 Sep 202420 Dec 2024105 Days
1 Mawley Close, Shrewsbury, Shropshire, SY2 6HT£280,000£275,000-£5,00010 Sep 202419 Dec 2024100 Days
65 Bishop Street, Shrewsbury, Shropshire, SY2 5HD£395,000£376,500-£18,50001 Aug 202417 Dec 2024138 Days
7 Kingston Drive, Shrewsbury, Shropshire, SY2 6SD£440,000£440,000£020 Jul 202413 Dec 2024146 Days
23 Riverdale Road, Shrewsbury, Shropshire, SY2 5TB£244,995£230,000-£14,99510 Sep 202413 Dec 202494 Days
101 Judith Butts Gardens, Shrewsbury, Shropshire, SY2 5SD£225,000£215,000-£10,00011 Jun 202413 Dec 2024185 Days
14 Highfields, Shrewsbury, Shropshire, SY2 5PQ£325,000£315,000-£10,00006 Sep 202413 Dec 202498 Days
67 Wenlock Road, Shrewsbury, Shropshire, SY2 6JU£269,950£266,950-£3,00024 May 202412 Dec 2024202 Days
34 Conway Drive, Shrewsbury, Shropshire, SY2 5XA£240,000£230,000-£10,00017 Sep 202410 Dec 202484 Days
21 Ashley Street, Shrewsbury, Shropshire, SY2 5DU£375,000£375,000£007 Aug 202409 Dec 2024124 Days
16 Spinney Path, Shrewsbury, Shropshire, SY2 5PR£190,000£187,000-£3,00014 Aug 202429 Nov 2024107 Days

Most Expensive Streets in SY2 (Shrewsbury)

PostcodeStreetAreaAverageNo. of Sales
SY2 6PZMayfield GardensShrewsbury£865,8333
SY2 5DTUnderdale RoadShrewsbury£670,8333
SY2 6PALondon RoadShrewsbury£655,0003
SY2 6DLSutton RoadShrewsbury£582,5003
SY2 6EUMill MeadowShrewsbury£528,0003
SY2 6PSLondon RoadShrewsbury£504,3754
SY2 6AFAmber Rise, The Old MeadowShrewsbury£499,8336
SY2 6PLArmoury GardensShrewsbury£488,8313
SY2 6SAWenlock RoadShrewsbury£484,6663
SY2 6ATCoracle Way, The Old MeadowShrewsbury£480,0005

Least Expensive Streets in SY2 (Shrewsbury)

PostcodeStreetAreaAverageNo. of Sales
SY2 5BXThe Chase, Racecourse CrescentShrewsbury£107,3333
SY2 5LGHarcourt CrescentShrewsbury£109,1663
SY2 5DAWhitehall Mews, Monkmoor RoadShrewsbury£126,0003
SY2 6BYThe CedarsShrewsbury£131,86127
SY2 6BWBelgravia Court, Abbey ForegateShrewsbury£133,81811
SY2 5EHTrafalgar PlaceShrewsbury£138,9166
SY2 5XPShaw RoadShrewsbury£141,8217
SY2 6LFMeresideShrewsbury£143,5003
SY2 6AGRailway TerraceShrewsbury£150,0003
SY2 5HWDrake CloseShrewsbury£154,7504

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