Local market reports › SY area › SY2
Shrewsbury market report SY2
The SY2 (Shrewsbury) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 10,748 HM Land Registry entries for SY2 (Shrewsbury), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the 2026 median for SY2 (Shrewsbury) is £290,000, from 130 registered sales, up 10% on five years earlier; the mean is £305,700, and by floor area homes here have averaged about £3,170 per square metre over the last five years. Behind the figures sit 10,748 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
SY2 is the postcode district covering Shrewsbury (east) in Shrewsbury. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where SY2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in SY2
The 2026 median for SY2 is £290,000, taken from 130 registered sales. The mean, which is what most sites call the "average house price", is £305,700, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in SY2
A square metre of SY2 home has cost about £3,170 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
England and Wales as a whole trade at a £285,000 median, leaving SY2 2% above the national figure.
SY2's median sold price, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £290,000 | £290,000 | 130 |
| 2025 | £276,000 | £282,600 | 301 |
| 2024 | £289,000 | £307,266 | 364 |
| 2023 | £291,000 | £319,738 | 492 |
| 2022 | £286,000 | £335,368 | 576 |
| 2021 | £263,500 | £333,625 | 672 |
| 2020 | £245,000 | £317,893 | 379 |
| 2019 | £222,500 | £291,644 | 420 |
| 2018 | £212,000 | £282,600 | 391 |
| 2017 | £214,800 | £292,966 | 366 |
| 2016 | £220,000 | £307,782 | 357 |
| 2015 | £185,500 | £262,112 | 388 |
| 2014 | £186,000 | £263,873 | 312 |
| 2013 | £176,200 | £253,534 | 258 |
| 2012 | £172,000 | £253,163 | 191 |
| 2011 | £164,000 | £247,577 | 168 |
| 2010 | £166,000 | £260,331 | 205 |
| 2009 | £165,000 | £265,239 | 209 |
| 2008 | £164,000 | £268,831 | 153 |
| 2007 | £175,000 | £296,849 | 374 |
| 2006 | £165,000 | £286,419 | 401 |
| 2005 | £160,000 | £284,736 | 261 |
| 2004 | £147,000 | £266,981 | 329 |
| 2003 | £130,000 | £239,492 | 311 |
| 2002 | £99,000 | £186,268 | 395 |
| 2001 | £81,000 | £155,718 | 351 |
| 2000 | £71,000 | £139,338 | 316 |
| 1999 | £67,000 | £133,528 | 373 |
| 1998 | £60,000 | £121,114 | 337 |
| 1997 | £54,500 | £111,769 | 369 |
| 1996 | £54,500 | £114,938 | 328 |
| 1995 | £51,000 | £110,866 | 271 |
In cash terms the typical SY2 home went from £51,000 in 1995 to £290,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 162%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 14% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the SY2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+31.3% on the year before); the weakest, 2008 (−6.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 38% of the typed total. A detached home currently trades at £385,000 against £175,000 for a flat, 2.2 times the price.
Median by property type, SY2
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £385,000 | 39 | 2,985 |
| Semi-detached | £285,000 | 51 | 4,120 |
| Terraced | £226,000 | 27 | 2,471 |
| Flats | £175,000 | 13 | 1,172 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +5.1% | +2.6% |
| 5 years (since 2021) | +1.9% | −2.8% |
| 10 years (since 2016) | +2.8% | −0.6% |
| 20 years (since 2006) | +2.9% | +0.1% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in SY2
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The monthly pulse, last five years
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
Over the last twelve months of data, 252 sales completed in SY2. Turnover has held fairly steady across the cycle: about 373 sales a year recently, against 342 a year before 2008. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What kind of market SY2 is
Among the 25 measurable districts of its area, SY2 ranks 7 by median price: firmly in the dearer tier.
What homes rent for around SY2
SY2 falls under Shropshire, where the ONS puts the average private rent at £813 a month (May 2026 figures). Size sets most of the rent: one-beds average £600 a month here against £1,384 for four or more bedrooms.
Average monthly rent by size, Shropshire
ONS Price Index of Private Rents, May 2026.
Against the £290,000 median purchase price, a rent of £813 a month (£9,756 a year) works out at a 3.4% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on SY2 (Shrewsbury)
Are property prices falling in SY2 (Shrewsbury)?
Is SY2 (Shrewsbury) a good place to buy a house?
How much did a house sell for in SY2 (Shrewsbury)?
Will SY2 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is up 10% over five years in cash but down 13% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in SY2 today
Everything above is what homes in SY2 sold for. Turning to what is actually available: 47 homes on the market right now, from 4 agents publishing to HomesIndex, at a typical asking price 5% below the SY2 median sold price.
30% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
- Shaw Road, Monkmoor, Shrewsbury, SY2, Shropshire
- Wilfred Owen Close, Underdale, Shrewsbury, SY2, Shrewsbury
- Green Crescent, Off Oteley Road, Shrewsbury, SY2, Shropshire
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every SY2 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in SY
Real sold prices by size across the SY area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £257,700 | £355,000 (+38%) | £522,750 (+47%) | £680,000 (+30%) |
| Semi-detached | £187,500 | £220,000 (+17%) | £257,000 (+17%) | £347,500 (+35%) | £440,000 (+27%) |
| Terraced | £155,000 | £183,750 (+19%) | £215,000 (+17%) | £275,500 (+28%) | £385,000 (+40%) |
| Flat | £124,000 | £176,500 (+42%) | £280,000 (+59%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
SY2 ranks 10 of 25 in the SY area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the SY area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside SY2, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SY2 5 | £280,000 | 67 |
| SY2 6 | £300,000 | 63 |
How SY2 compares nearby
Same city, different markets. The neighbouring districts of the SY area, dearest first:
| District | Median | 5-year |
|---|---|---|
| SY6 | £370,000 | -1% |
| SY14 | £329,000 | -3% |
| SY7 | £328,000 | +9% |
| SY5 | £325,000 | +4% |
| SY3 | £312,500 | +14% |
| SY4 | £305,000 | +6% |
| SY2 (this report) | £290,000 | +10% |
| SY8 | £280,000 | +10% |
| SY10 | £280,000 | -4% |
| SY13 | £275,000 | +2% |
| SY12 | £272,500 | +18% |
| SY21 | £261,500 | +11% |
| SY9 | £257,000 | -16% |
| SY15 | £240,000 | +4% |
| SY23 | £240,000 | +19% |
| SY22 | £237,500 | +3% |
| SY25 | £235,000 | +21% |
| SY1 | £230,000 | +21% |
| SY19 | £230,000 | -10% |
| SY11 | £228,900 | +14% |
| SY20 | £210,000 | +23% |
| SY24 | £201,500 | -20% |
| SY16 | £195,000 | +12% |
| SY18 | £194,800 | -7% |
Before you sell in SY2: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in SY2, use the average prices map for a rough value: zoom from SY2's shading down to the sold homes on your own street. The figures above are every recorded SY2 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim SY2.
Take it further
The AI answers from the same Land Registry data this report is built on, already scoped to SY2. Free after a one click sign in.
Two maps carry on from here: every SY2 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.