SY4 5BE is a residential postcode located on Cordwell Park, Wem, Shrewsbury, SY4. It is the 1017th largest postcode in the SY4 area.
It contains 36 residential addresses consisting of 35 houses and 1 flat and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £146,448. Sales values have increased in the last 12 months by 4.5% and Rental values have increased by 3.7%.
Property sale values range from £76,916 for a leasehold flat, with 2 bedrooms split across 840 square feet of gross internal area and has no outside space to £164,250 for a freehold house, with 3 bedrooms split across 1,044 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SY4 5BE is £177/ft2.
Properties achieve a rental yield of between 4.9% and 5.6%, and rental values range from £359 to £674 per month.
The last sale was 18 Aug 2023 for £150,000 and since then the market in the area as increased by 4.4%. The postcode has had a total of 4 sales since 1995.
SY4 5BE has seen 2 sales in the last three years and no sales in the last twelve months.
SY4 5BE is the 1017th largest and the 52nd most expensive postcode out of the 1,055 postcodes in the SY4 area.
SY4 5BE is a residential postcode located on Cordwell Park, Wem, Shrewsbury, SY4 with 35 houses and 1 flat within its bounds.
The most common property type in SY4 5BE is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to SY4 5BE is Wem station which is 200 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SY4 5BE, 46.2% of property is socially rented and 26.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SY4 5BE, 15.1% of residents are recorded as possessing school level qualifications and 16.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around SY4 5BE, the average age was 45.1 and the most common age was 17.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SY4 5BE, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SY4 5BE, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.