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The Bank, SY5 Property Price Report
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Associated Postcodes:
SY5 7JJ
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House Prices > Shrewsbury > SY5 > The Bank
Housing Activity on This Street
Exploring Property Prices on The Bank
- 2 properties on The Bank have been sold since 2021, averaging £233,700 each. The typical size is 1,136 square feet, resulting in a cost of £220 per square foot.
- Sales on The Bank have shown property values from £195,000 to £280,000, while per-square-foot values have ranged from £199 to £245.
- The final property pass on The Bank happened in September 2022.
Local Market Showdown
Price Matchup: The Bank and Surrounding Areas
By Locality
Dorrington
The difference between Dorrington and The Bank pricing averages 12%. (£262,000 vs £233,700) In light of this, a move to The Bank could mean a saving of around £28,400.
By Sector
SY5 7
Buying on The Bank typically means paying 31% less than across the wider SY5 7 sector. (£305,200 vs £233,700). On the whole, buyers on The Bank could save roughly £71,600 compared to elsewhere.
By District
i.e. SY5
House prices on The Bank reflect a 21% discount on average compared to those in the SY5 district. (£233,700 vs £283,300). With these figures in mind, buying on The Bank could leave you around £49,700 better off.
By City or Town
i.e. Shrewsbury
Think smart: The Bank delivers the postcode perks at a 8% lower cost than Shrewsbury. (£233,700 vs £253,000). In this context, choosing The Bank might offer you a discount of £19,200 over a property in Shrewsbury.
Street Facts Beyond Prices
Extra Useful Facts for The Bank
- 28 properties define this street, with 2 postcodes associated.
- The Bank is purely composed of resale properties, with no recently completed builds.
- On The Bank, properties have an average current EPC score of 57 (D) and could potentially rise to 80 (C).
- Featuring 1,136 square feet on average, The Bank properties are 8% more generous in space than Shrewsbury homes.
- Turnaround times are shorter on this street – about 43 months – making it speedier than the district norm of 10.49 months.
City Property Trends
Essential Reads About Shrewsbury
Searching for a purchase or investment in Shrewsbury? Our guides reveal the best roads, real estate patterns, and market strategies for a top deal.
Furthermore, we’ve charted Shrewsbury’s performance since 2018 on the Shrewsbury House Prices page with a sharp focus on types and trends.
Local Highlights on Display
About the SY5 Area
Wondering what kind of energy or direction SY5 is carrying in the housing market right now? We’ve pulled together a batch of carefully chosen data points that give it some shape.
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
More Streets in Focus
Nearby Streets That Stand Out
Popular Roads in SY5
SY5 Roads with Similar Prices
