SY1 1TZ is a residential postcode situated on Beeches Lane, Shrewsbury, SY1 with 14 addresses.
It ranks as the 421st largest and 280th most expensive of the 827 postcodes in the SY1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 9 houses and 5 flats.
SY1 1TZ is a residential postcode situated on Beeches Lane, Shrewsbury, SY1 with 14 addresses.
It ranks as the 421st largest and 280th most expensive of the 827 postcodes in the SY1 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 14 properties: 9 houses and 5 flats.
Sale prices range from £112,449 for 1 bedroom Leasehold flats with a garden (387 ft2) to £260,666 for 4 bedroom freehold houses with a garden (1,341 ft2) .
Monthly rental prices range from £682 pcm for 1 bed flats to £1,211 pcm for 4 bed houses.
The gross rental yield is between 5.6% and 7.3%.
The average value per square foot is £237.
The last sale in SY1 1TZ sold for £172,500 on 29th September 2023. Since then prices are up an average of 2.4%.
The current average value in the postcode is £196,246.
The SY1 1TZ Sales Market has increased by 30.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £196,246 |
| April 2025 | -0.1% | £193,531 |
| April 2024 | 0.1% | £193,741 |
| April 2023 | 7.2% | £193,487 |
| April 2022 | 6.3% | £180,522 |
| April 2021 | 6.2% | £169,834 |
| April 2020 | 2% | £159,978 |
| April 2019 | 3% | £156,886 |
| April 2018 | 1.4% | £152,282 |
| April 2017 | -0.2% | £150,132 |
| April 2016 | 2.4% | £150,401 |
| April 2015 | 5.2% | £146,814 |
| April 2014 | 4.2% | £139,508 |
| April 2013 | 1.2% | £133,924 |
| April 2012 | -0.8% | £132,279 |
| April 2011 | -0.9% | £133,357 |
| April 2010 | 1.9% | £134,524 |
| April 2009 | -9.8% | £132,071 |
| April 2008 | -0.1% | £146,353 |
| April 2007 | 0% | £146,524 |
The current average rental value in the postcode is £995.
The SY1 1TZ Rental Market has increased by 40.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.5% | £995pcm |
| April 2025 | 3.2% | £952pcm |
| April 2024 | 9.8% | £922pcm |
| April 2023 | 4.9% | £840pcm |
| April 2022 | 8.1% | £801pcm |
| April 2021 | 3.8% | £741pcm |
| April 2020 | 0.8% | £714pcm |
| April 2019 | -0.1% | £708pcm |
| April 2018 | 1.1% | £709pcm |
| April 2017 | -1.1% | £701pcm |
| April 2016 | 2.3% | £709pcm |
| April 2015 | 1.6% | £693pcm |
| April 2014 | 3% | £682pcm |
| April 2013 | 2.2% | £662pcm |
| April 2012 | 0.8% | £648pcm |
| April 2011 | 1.5% | £642pcm |
| April 2010 | -0.2% | £633pcm |
| April 2009 | -4.4% | £634pcm |
| April 2008 | -4.2% | £663pcm |
| April 2007 | 0% | £692pcm |
The last sale was on 29th September 2023 for £172,500 and since then the market in the area has increased by 2.4%. The postcode has had a total of 15 sales since 1995.
SY1 1TZ has seen 1 sale in the last three years and no sales in the last twelve months.
SY1 1TZ is the 421st largest and the 280th most expensive postcode out of the 827 postcodes in the SY1 area.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 SY1 1TZ, 64.8% of property is privately rented and 23.1% is privately owned outright.
The graph below shows how this compares to West Midlands 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 SY1 1TZ, 3.6% of residents are recorded as possessing school level qualifications and 40.8% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SY1 1TZ, the average age was 45.7 and the most common age was 27.
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 SY1 1TZ, 1.0% 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 SY1 1TZ, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.