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Property Prices on Ridout Road, SY5 - Full Market Breakdown
Delve into the specifics of Ridout Road in Shrewsbury, and see how it stacks up against the surrounding area and the Shrewsbury as a whole.
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Associated Postcodes:
SY5 6LS
What’s the ideal cost of properties on Ridout Road?
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House Prices > Shrewsbury > SY5 > Ridout Road
Street’s Property Overview
Quick Look at Property Prices in Ridout Road
- Since 2021, Ridout Road has logged 46 completed sales, with average property prices around £287,300. These homes are typically 1,040 square feet, giving £272 per square foot.
- The market value of homes on Ridout Road has oscillated between £96,000 and £530,000, with per-square-foot costs extending between £131 and £434.
- September 2023 was the moment of the latest property handshake on Ridout Road.
Local Price Comparison
Ridout Road Costs vs Surrounding Areas Markets
By Locality
Betton Strange
If you want a Betton Strange address, it'll cost you 32% more than on Ridout Road. (£378,800 vs £287,300) According to the data, picking Ridout Road instead of Betton Strange could slash your spend by £91,500.
By Sector
SY5 6
On Ridout Road, you’d spend 20% less for a home compared to the SY5 6 sector average. (£345,300 vs £287,300). As such, buyers opting for Ridout Road could pay around £58,000 less than elsewhere in the sector.
By District
i.e. SY5
Property averages suggest Ridout Road homes cost 16% less compared to the wider SY5 district. (£287,300 vs £332,000). A home of similar value and specification on Ridout Road could be priced around £44,700 less than one elsewhere in the same district.
By City or Town
i.e. Shrewsbury
Compared to Ridout Road, Shrewsbury homes average 9% more in price. (£313,000 vs £287,300). This suggests that the financial gap between Ridout Road and Shrewsbury could amount to around £26,100 per property.
Road Insights Unpacked
Further Insights on Ridout Road
- This particular stretch contains 44 properties, each quietly grouped within a single postcode boundary.
- Looking at sales history, Ridout Road has seen transactions for both recent builds and pre-owned properties.
- Homes on Ridout Road currently show an average EPC rating of 83 (B), with an expected potential of 96 (A).
- Floor area data suggests that homes on Ridout Road are more expansive than those in Shrewsbury, with an average of 1,040 square feet – a 1% difference.
- Homes on this street flip more quickly, averaging 2 months – ahead of the wider SY5 turnover timeline of 11 months.
Buying Better in the Area
Smart Reads for Buyers and Sellers in Shrewsbury
Aiming to acquire or invest in Shrewsbury? Our expert insights reveal top areas, market movements, and strategies for a stellar deal.
Additionally, the House Prices in Shrewsbury page on our site breaks down property values year by year, with comparisons across types and surrounding areas.
Area Outings Worthwhile
SY5 Area Overview
You can explore the latest set of local SY5 property data just a little further down.
295
No. of Roads
2,306
No. of Transactions
£400K
Avg. Property Price
1,306
per sq/ft
Avg. Property Size
£263
per sq/ft
Avg. Cost Per Sq/Ft
Streets Around the Corner
Streets You Shouldn’t Miss
Popular Roads in SY5
SY5 Roads with Similar Prices
- Golden Arrow Court
- Hall Gardens
- Ashford Avenue
- Top Road
- Grange Lane
- Hafren View
Roads Near Ridout Road
- Ashdale Road
- Bennetts Lane
- Cherry Arbor
- Cliff Hollow
- Emstrey Bank
- Garmston Lane
