SY5 8LT is a residential postcode located on Mill Lane, Hanwood, Shrewsbury, SY5. It is the 870th largest postcode in the SY5 area.
It contains 5 houses and 3 unknown and the most common type of property is a period house built between 1800 and 1911.
The average house value is £443,696. Sales values have decreased in the last 12 months by 0.8% and Rental values have decreased by 0.1%.
Property sale values range from £391,555 for a freehold house, with 4 bedrooms split across 1,819 square feet of gross internal area and has a garden to £591,438 for a freehold house, with 5 bedrooms split across 2,777 square feet of gross internal area and has a garden.
Average £/ft2 for properties in SY5 8LT is £246/ft2.
Properties achieve a rental yield of between 3.4% and 3.6%, and rental values range from £1,162 to £1,696 per month.
The last sale was 25 Nov 2020 for £465,000 and since then the market in the area has increased by 13.1%. The postcode has had a total of 4 sales since 1995.
SY5 8LT has seen no sales in the last three years and no sales in the last twelve months.
SY5 8LT is the 870th largest and the 1148th most expensive postcode out of the 1,459 postcodes in the SY5 area.
SY5 8LT is the 870th largest and the 1148th most expensive postcode out of the 1,459 postcodes in the SY5 area.
SY5 8LT is a residential postcode located on Mill Lane, Hanwood, Shrewsbury, SY5 with 5 houses and 3 unknown within its bounds.
The most common property type in SY5 8LT is a period house built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to SY5 8LT is Shrewsbury station which is 5.3 kilometres 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 SY5 8LT, 34.5% of property is privately owned with a mortgage and 26.6% 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 SY5 8LT, 19.9% of residents are recorded as possessing school level qualifications and 38.5% 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 SY5 8LT, the average age was 46.4 and the most common age was 57.
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 SY5 8LT, 0.4% 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 SY5 8LT, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.