House Prices in SY1: A Closer Look
Review how average house values across Shrewsbury have changed quarter to quarter, with side-by-side comparison tools.
You’ll also learn where prices are climbing and which homes are catching attention.
House Prices > Shrewsbury > SY1
How Have House Prices in SY1 Moved Year by Year?
Below is a clear summary of how average home values in SY1 have changed between 2018 and 2025.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £241,200 | 490 |
| 2024 | £234,900 | 351 |
| 2023 | £226,100 | 408 |
| 2022 | £243,500 | 509 |
| 2021 | £224,000 | 624 |
| 2020 | £200,300 | 401 |
| 2019 | £201,900 | 489 |
| 2018 | £202,700 | 645 |
Price growth in SY1 has been less of a triumphant march, more of a tentative shuffle. For all the talk of a “booming market,” year-on-year price changes look more fitful than feverish. After 2018, prices dipped two years running, then lunged up sharply in 2021. Nothing like a rollercoaster — and certainly nothing like the steady climb you might expect in a classic Shrewsbury tale.
- Transaction numbers have been anything but consistent. From a lively 645 sales in 2018, transactions tumbled, bounced, and then dropped again. The most recent figures for 2024 show a limp 351 transactions — hardly a ringing endorsement of buyer enthusiasm.
- The price surge in 2021 raises eyebrows. Did SY1 suddenly become the toast of the West Midlands, or did pent-up post-pandemic energy produce a temporary spike? Either way, the subsequent dip in both average values and activity hints this was less a trend, more a one-off event.
- Projections are optimistic, but should we believe them? The forecast for 2025 paints a rosy picture, nudging the average value up to £241,200 and a marked rebound in sales. Yet, if recent local sentiment is anything to go by, this might be wishful thinking as much as grounded prediction.
The market in this part of Shrewsbury feels less like a determined hike up Haughmond Hill, and more like a slow, sometimes unsteady trek through the woods. With affordability pressures and patchy confidence, buyers and sellers alike might be wise to look past the headlines, question the easy narratives, and keep a close eye on how those projected figures *actually* materialise.
SY1 House Prices by Property Type
Detached
Avg. Property Price: 315K
Avg. Size of Property
1,142 sq/ft
Avg. Cost Per Sq/ft
£283 sq/ft
Total transactions
167 (since 2021)
Semi-detached
Avg. Property Price: 220K
Avg. Size of Property
895 sq/ft
Avg. Cost Per Sq/ft
£253 sq/ft
Total transactions
565 (since 2021)
Terraces
Avg. Property Price: 195K
Avg. Size of Property
799 sq/ft
Avg. Cost Per Sq/ft
£248 sq/ft
Total transactions
621 (since 2021)
Apartments
Avg. Property Price: 177K
Avg. Size of Property
651 sq/ft
Avg. Cost Per Sq/ft
£263 sq/ft
Total transactions
79 (since 2021)
Shrewsbury’s SY1 property market paints a nuanced, highly varied picture depending on which property type captures your attention. Detached homes are firmly perched at the top of the value tree, their prices reflecting a classic “Chic Shrewsbury” premium for generous space and lifestyle.
If you zoom in on the figures, there’s a fascinating convergence. Semi-detached and terraced homes are briskly traded and cluster quite close in terms of cost per square foot. Investors looking for properties that will rent consistently will no doubt see terraced houses as the market’s quiet powerhouse. The volume of transactions in this sector runs high, proof that first-time buyers and landlords alike are choosing these handsome, central properties in droves.
Flats in SY1, though smaller in size, command almost the same cost per square foot as some larger properties. That signals a robust appetite for low-maintenance living and central convenience, perhaps among younger workers or downsizers. When flats are trading more actively, it often signals a market where flexibility is prized and city-centre living is desirable. In a town as full of character as Shrewsbury, that’s hardly surprising.
Let’s not forget detached homes either, the “dream buy” for anyone prioritising space. While transaction numbers are lower, investors with a long-term lens may see potential for scope and capital appreciation that’s hard to ignore, especially as family housing supply tightens.
Key points to takeaway
- Terraced and semi-detached homes offer a sweet spot for balance between affordability and demand. Their steady transaction numbers make them attractive for both owner-occupiers and landlords.
- Flats may punch above their weight in terms of cost per square foot for prime, walk-everywhere locations – potentially appealing for those who want a “lock up and leave” lifestyle.
- Detached homes remain SY1’s aspirational statement, perfect for those ready to secure a slice of Shrewsbury suburbia and plant family roots for the long haul.
Explore the Property Story in Shrewsbury
From elegant neighbourhoods to slightly oddball price trends, Shrewsbury’s housing market has plenty to say. These short reads unpack the lot (without the waffle).
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All Roads in SY1 – Shrewsbury
No streets found for this district.