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Forge Way, SY5 Property Prices - Latest Sales & Trends
Zoom in on Forge Way in Shrewsbury, and explore how it stacks against the neighbouring streets and the broader Shrewsbury backdrop.
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Associated Postcodes:
SY5 7HQ
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House Prices > Shrewsbury > SY5 > Forge Way
Housing Activity on This Street
Exploring Property Prices on Forge Way
- Since 2021, 6 homes have sold on Forge Way, each going for an average of £192,800. These properties usually measure 756 square feet, costing £256 per square foot.
- The value of transactions on Forge Way has danced from £165,000 to £250,000, while costs per square foot have frolicked between £204 and £339.
- The latest home transaction on Forge Way was recorded in July 2023.
How This Street Stacks Up
Comparing Forge Way House Prices with Surrounding Areas
By Locality
Dorrington
Choosing Dorrington over Forge Way means facing 36% steeper average prices. (£262,000 vs £192,800) Based on this, buyers could enjoy a saving of £69,300 by choosing Forge Way over Dorrington.
By Sector
SY5 7
Looking for better value? Properties on Forge Way typically cost 58% less than sector averages. (£305,200 vs £192,800). This evidence points to a comparable property elsewhere in the sector costing £112,500 more than one on Forge Way.
By District
i.e. SY5
Property prices on Forge Way reflect an average reduction of 47% compared to those in the SY5 district. (£192,800 vs £283,300). From a budgeting perspective, opting for Forge Way might save you roughly £90,600.
By City or Town
i.e. Shrewsbury
Shrewsbury's average property prices are 31% higher than Forge Way's. (£253,000 vs £192,800). Thus, Forge Way stands out as a value-driven choice, potentially saving buyers around £60,100 when compared to Shrewsbury.
Additional Road Rundown
Valuable Useful Facts on Forge Way
- All properties on Forge Way predate new-build developments.
- On Forge Way, the average EPC rating is 75 (C), with the potential to reach up to 86 (B).
- The average property on Forge Way offers 756 square feet of internal space, making it 38% more spacious than typical homes in Shrewsbury.
- If you’re after movement, this street delivers – homes sell every 14 months, well ahead of the average 10.49 months seen in SY5.
City Living Insights
Behind the Numbers: Shrewsbury Property Insights
Aiming to acquire or invest in Shrewsbury? Our expert insights reveal top areas, market movements, and strategies for a stellar deal.
Additionally, if you’re comparing property types or want to see how the market’s changed over time, check out the Shrewsbury House Prices page.
Local Stops for Fun
Unpacking SY5: Insights & Info
We’ve carved out a list of property stats that reflect SY5’s most recent movements.
300
No. of Roads
2,459
No. of Transactions
£300K
Avg. Property Price
1,291
per sq/ft
Avg. Property Size
£242
per sq/ft
Avg. Cost Per Sq/Ft
Local Gems to Roam
Other Roads Nearby to Know
Popular Roads in SY5
SY5 Roads with Similar Prices
- Carver Street
- Caradoc View
- Old Mill Close
- Fernbrook
- Callow Lane
- The Moors
