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New Banks, SY4 Property Prices - Latest Sales & Trends
Check out the key features of New Banks in Shrewsbury, and find out how it aligns with the broader area and Shrewsbury as a city.
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Associated Postcodes:
SY4 1HF, SY4 1HG
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House Prices > Shrewsbury > SY4 > New Banks
Sales Buzz on the Street
Easy Essentials about Property Prices in New Banks
- Since 2021, New Banks has seen 4 moves on the property ladder, each at around £80,800. These homes cover roughly 788 square feet, working out at £140 per square foot.
- The selling prices on New Banks have flowed steadily from £46,500 to £230,000, while per-square-foot rates flowed from £98 to £223.
- New Banks’s latest house sale happened in March 2023.
How This Road Compares Locally
How New Banks Stands vs Surrounding Areas Prices
By Locality
Grafton
In Grafton, you’re looking at 223% more for a home than on New Banks. (£261,000 vs £80,800) With these numbers, a home on New Banks could mean a saving of £180,300 over Grafton.
By Sector
SY4 1
Recent property data suggests that buying on New Banks instead of the SY4 1 sector could mean spending 275% less. (£302,500 vs £80,800). Thus, buyers leaning toward New Banks might sidestep spending an extra £221,800 across SY4 1.
By District
i.e. SY4
New Banks homes come in at 242% below the SY4 district average. (£80,800 vs £275,900). Given these statistics, a home elsewhere in the district might carry an additional cost of £195,200 compared to New Banks.
By City or Town
i.e. Shrewsbury
Choosing New Banks over Shrewsbury? Your accountant will thank you - a 213% saving awaits. (£80,800 vs £253,000). With this difference, a home on New Banks could be priced around £172,100 less than a comparable one in Shrewsbury.
Beyond Prices on This Street
Other Key Highlights of New Banks
- Nestled along this wonderfully compact road are 36 properties, all tucked neatly under just one postcode.
- You won’t find any new-build properties on New Banks.
- As things stand, New Banks properties average 65 (D), with room to grow to 80 (C).
- Homes on New Banks provide larger-than-average floor areas, averaging 788 square feet – well above the norm seen across Shrewsbury.
- With a brisk resale interval of 22 months, this street sees more activity than typical SY4 roads, where the cycle sits at 11.47 months.
City Property Trends
Which Shrewsbury Postcodes Stand Out – and Which Don’t
Dreaming of buying or investing in Shrewsbury? Uncover our expert tips on the best areas, real estate shifts, and strategies to seal a great deal.
Furthermore, the Shrewsbury House Prices page provides a straightforward look at annual changes, from semis to terraces.
Local Stops for Fun
SY4 Area Overview
If SY4 is part of your research list, whether as a maybe or a strong candidate, the following set of observations and numbers should give you firmer ground to stand on.
405
No. of Roads
3,036
No. of Transactions
£300K
Avg. Property Price
1,275
per sq/ft
Avg. Property Size
£240
per sq/ft
Avg. Cost Per Sq/Ft
Next Streets to Check Out
Nearby Streets That Stand Out
SY4 Roads with Similar Prices
- Stony Yard
- Firs Close
- Rodenhurst Lane
- Round Meadow
- Rodefern Lane
- Carradine Road
