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Postcode Overview
of SY4 5TW
SY4 5TW is a residential postcode located on Somerset Way, Wem, Shrewsbury, SY4. It is the 789th largest postcode in the SY4 area.
It contains 15 houses and the most common type of property is a modern house built after 1980.
Average property prices
in SY4 5TW
The average house value is £143,574. Sales values have increased in the last 12 months by 4.4% and Rental values have increased by 3.8%.
Property sale values range from £107,746 for a freehold house, with 2 bedrooms split across 334 square feet of gross internal area and has a garden to £148,039 for a freehold house, with 3 bedrooms split across 581 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SY4 5TW is £255/ft2.
Properties achieve a rental yield of between 5.2% and 5.3%, and rental values range from £466 to £650 per month.
Recent sales
within SY4 5TW
The last sale was 24 Nov 2022 for £118,000 and since then the market in the area as increased by 3.3%. The postcode has had a total of 4 sales since 1995.
SY4 5TW has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to SY4 5TW
SY4 5TW is the 789th largest and the 49th most expensive postcode out of the 1,055 postcodes in the SY4 area.
Property types
in SY4 5TW
SY4 5TW is a residential postcode located on Somerset Way, Wem, Shrewsbury, SY4 with 15 houses within its bounds.
The most common property type in SY4 5TW is a modern house built after 1980.
Energy Efficiency
of properties within SY4 5TW
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being No EPC.
Schools nearby
to SY4 5TW
Public transport nearby
to SY4 5TW
The closest station to SY4 5TW is Wem station which is 900 m away.
