Key indicators for buyers
The SY1 market is moderately favourable for buyers. Prices have softened (-8.7%), which could present a buying opportunity. Affordability has improved from a peak of 9.4x in 2021 to 8.0x today. Rising rents (£801/mo, +3.2%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Shropshire area
A home in Shropshire costs 8.0x the local median salary — stretched, improving from a peak of 9.4x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Shropshire area
Average monthly rent in Shropshire is £801, up 3.2% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Shropshire price of £227,000 with a 25% deposit (£57k), a 2-year fixed mortgage at 3.97% costs around £896 per month.
Monthly cost comparison based on current data
Uses SY1 avg. price with Shropshire rental data
Monthly mortgage payments (£896) are £95 more than renting (£801). However, buying requires an upfront deposit of £57k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
45, NORTH STREET SY1 2JJ | Terraced | £232,500 | 23 Jan 2026 |
1, SEVERN TERRACE SY1 1PF | Terraced | £220,000 | 21 Jan 2026 |
66, PERCY STREET, GREENFIELDS SY1 2QG | Terraced | £280,000 | 16 Jan 2026 |
3, NEWTONMERE DRIVE SY1 3DA | Semi-detached | £264,000 | 16 Jan 2026 |
147, ALLERTON ROAD SY1 4QW | Semi-detached | £167,000 | 9 Jan 2026 |
2A, CORNDON CRESCENT SY1 4LF | Semi-detached | £198,500 | 9 Jan 2026 |
92, ALLERTON ROAD SY1 4QP | Semi-detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in SY1 sold for £227,000 in 2026, with a median of £226,250 across 6 transactions. Prices fell 8.7% compared to the previous year.
| £180,000 |
| 22 Dec 2025 |
37, ROSEWAY SY1 4HN | Terraced | £215,000 | 19 Dec 2025 |
9, PENSON WAY SY1 2BF | Semi-detached | £223,000 | 19 Dec 2025 |
3, CHATWOOD COURT SY1 3SP | Semi-detached | £210,000 | 19 Dec 2025 |
10, MALLARD CLOSE SY1 4UF | Terraced | £195,000 | 19 Dec 2025 |
7, HEATHFIELD CLOSE SY1 3SN | Terraced | £217,500 | 19 Dec 2025 |
10, SULTAN ROAD SY1 2SR | Terraced | £182,500 | 19 Dec 2025 |
8, BODKIN WAY SY1 4FD | Semi-detached | £230,000 | 18 Dec 2025 |
251, MOUNT PLEASANT ROAD SY1 3HZ | Semi-detached | £250,000 | 18 Dec 2025 |
20, SIMPSON SQUARE SY1 2EQ | Flat/Maisonette | £147,000 | 17 Dec 2025 |
23, THE PARKS SY1 4TJ | Terraced | £199,950 | 16 Dec 2025 |
43, SEVERN STREET SY1 2JA | Terraced | £220,000 | 16 Dec 2025 |
18, SULTAN ROAD SY1 2SR | Semi-detached | £184,000 | 15 Dec 2025 |
2, WREN CLOSE SY1 4TU | Semi-detached | £283,000 | 15 Dec 2025 |
The most recent recorded sale in SY1 was a terraced property on North Street for £232,500 in January 2026. Across the last 20 sales, the median price was £217,500.