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New Park Road, SY1 - Property Prices You Should Know
Discover how house prices along New Park Road in the SY1 district in Shrewsbury have shifted against the wider market.
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Associated Postcodes:
SY1 2RS, SY1 2RT, SY1 2RU, ... + 4 more
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House Prices > Shrewsbury > SY1 > New Park Road
Street’s Market Snapshot
The Market in Numbers: New Park Road
- Since 2021, 32 sales have been recorded on New Park Road, with properties fetching around £169,600. On average, these homes are 683 square feet, resulting in £236 per square foot.
- The value of properties sold on New Park Road has fluctuated between £88,000 and £255,000, with square foot prices varying from £145 to £439.
- The most recent signature on a dotted line for New Park Road was in June 2024.
Street Trends vs Area Data
How New Park Road Stands vs Surrounding Areas Prices
By Sector
SY1 2
In today's market, New Park Road properties are, on average, 24% more affordable than sector-wide listings. (£209,800 vs £169,600). With this market data, buying on New Park Road could offer a saving of roughly £40,200 over other parts of the sector.
By District
i.e. SY1
When compared, homes in the SY1 district are valued roughly 23% higher than on New Park Road. (£208,100 vs £169,600). With these figures, a similar home on New Park Road might offer a discount of about £38,500 compared to the rest of the district.
By City or Town
i.e. Shrewsbury
The property price gap shows Shrewsbury is approximately 85% more expensive than New Park Road. (£313,000 vs £169,600). All told, New Park Road could leave you with £143,800 more to spend on your dream sofa.
Quick Notes on the Road
More In-Depth Data About New Park Road
- Across 286 homes, this road is allocated 7 unique postcode references.
- There are no recorded transactions for new-build homes on New Park Road.
- As per the latest energy data, New Park Road homes average 69 (C), but there’s scope for reaching 80 (C).
- The average house on New Park Road covers 683 square feet, providing 54% more space than Shrewsbury properties.
- You’ll find a quicker turnover rate here – properties resell every 3 months compared to the 10.17 months across most of SY1.
Tips for Local Buyers
Thinking About Shrewsbury? Start Here
Considering a purchase or investment in Shrewsbury? Dive into our detailed resources on the best areas, property shifts, and market know-how for a smart deal.
Also, if you’re after a clearer view of Shrewsbury’s pricing landscape, the Shrewsbury House Prices page spells it out by year, area, and property type.
Quick Visits in the Area
SY1 Area Overview
Read any local journal and you’ll quickly see why SY1 stands out as a distinguished district within Shrewsbury. From all angles, it offers a balanced array of amenities, from transport to leisure. The vibrancy of its cultural scene and the solid infrastructure make it an appealing choice for families and professionals alike.
361
No. of Roads
3,054
No. of Transactions
£300K
Avg. Property Price
898
per sq/ft
Avg. Property Size
£237
per sq/ft
Avg. Cost Per Sq/Ft
Nearby Streets to See
Other Roads for Your Radar
Popular Roads in SY1
SY1 Roads with Similar Prices
- St Julians Friars
- Farran Grove
- Sandhurst Meadows
- Field Crescent
- Woodpecker Close
- New Park Street
Roads Near New Park Road
- Castle Court
- Ellesmere Road
- Albert Street
- Argyll Street
- Avondale Drive
- Barton Close
