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Pound Lane, SY5 - Visual Breakdown of House Prices
Discover the ins and outs of Pound Lane in Shrewsbury, alongside a comparison to the nearby area and the wider Shrewsbury region.
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Associated Postcodes:
SY5 8JR, SY5 8JT
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House Prices > Shrewsbury > SY5 > Pound Lane
Property Activity On This Street
Key Details about Property Prices in Pound Lane
- Pound Lane has reported 2 home sales since 2021, with an average sale price of £433,200. Homes here usually cover 1,727 square feet, translating to £276 per square foot.
- On Pound Lane, properties have fetched anything between £257,000 and £730,000, with per-square-foot prices weaving from £185 to £412.
- October 2018 represents the final property sale on Pound Lane.
How This Road Compares Locally
Property Trends: Pound Lane vs Surrounding Areas
By Locality
Hanwood
Purchasing in Hanwood comes at 39% less than on Pound Lane on average. (£265,700 vs £433,200) Consequently, a switch to Hanwood from Pound Lane could offer a potential saving of £167,500.
By Sector
SY5 8
Choosing Pound Lane over the SY5 8 sector means, on average, spending an extra 31% on a property. (£433,200 vs £297,600). This pricing pattern suggests that a comparable property on Pound Lane could cost £135,600 more than one in another part of the sector.
By District
i.e. SY5
The SY5 district beats Pound Lane on affordability by around 35%. (£283,300 vs £433,200). Reviewing market differences, moving to Pound Lane could increase your overall cost by around £149,900.
By City or Town
i.e. Shrewsbury
On average, properties in Shrewsbury are 42% less expensive than in Pound Lane. (£253,000 vs £433,200). This points to a similar property elsewhere in Shrewsbury potentially costing £180,400 below a comparable one on Pound Lane.
Road’s Lesser-Known Details
Further Insights on Pound Lane
- This road integrates 26 properties, distributed over 2 postcodes.
- There are currently no new-build homes available on Pound Lane.
- Most homes on Pound Lane currently report a score of 62 (D), with upgrade forecasts suggesting 75 (C) is possible.
- At 1,727 square feet on average, properties on Pound Lane are comfortably 39% larger than those in Shrewsbury.
- This street is one of the more dynamic spots locally, with homes reselling after just 43 months – ahead of the 10.49 month turnover seen in the wider SY5 area.
Tips for Local Buyers
Explore the Property Story in Shrewsbury
Thinking about acquiring or investing in Shrewsbury? Our articles uncover top streets, housing forecasts, and market know-how for a smart deal.
Lastly, the Shrewsbury House Prices page serves as a central point for buyers and investors to review the city’s evolving price landscape.
Hidden Treasures Nearby
SY5 at a Glance
This isn’t fluff or filler – just clean, tidy numbers from the SY5 housing register.
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
Roads Worth a Visit
Roads Worth Checking Out
Popular Roads in SY5
SY5 Roads with Similar Prices
Roads Near Pound Lane
- Beech Close
- Bleachfield
- Bridge Lane
- Caradoc View
- Long Lane
- Longden Common Lane
