The Bank - SY16 2AB
Key Postcode Insights
SY16 2AB is a residential postcode situated on The Bank, Newtown, SY16 with 6 addresses.
It ranks as the 240th largest and 263rd most expensive of the 637 postcodes in the SY16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
- Ave. Sale Price
- £238,712
- 10 Year change
- up 42.7%
- Ave. Rental Price
- £747pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £179/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
SY16 2AB is a residential postcode situated on The Bank, Newtown, SY16 with 6 addresses.
It ranks as the 240th largest and 263rd most expensive of the 637 postcodes in the SY16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
- Ave. Sale Price
- £238,712
- 10 Year change
- up 42.7%
- Ave. Rental Price
- £747pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £179/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Propertiesin SY16 2AB
- Ashford
Unknown
- Bank Cottage
3 Bed Period House
- Bronwydd
Unknown
- Flat 2 Rhostherne
2 Bed Period Flat
- Rosemount
5 Bed Period House
Sales Market Trends
The last sale in SY16 2AB sold for £165,000 on 27th March 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £238,712.
The SY16 2AB Sales Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £238,712 |
| June 2025 | 3.7% | £243,878 |
| June 2024 | 3.5% | £235,266 |
| June 2023 | 0.4% | £227,410 |
| June 2022 | 11.3% | £226,602 |
| June 2021 | 7.8% | £203,569 |
| June 2020 | 3.7% | £188,841 |
| June 2019 | 3.4% | £182,152 |
| June 2018 | 1.2% | £176,107 |
| June 2017 | 4.1% | £174,079 |
| June 2016 | -3.5% | £167,261 |
| June 2015 | 2.4% | £173,315 |
| June 2014 | 3.6% | £169,206 |
| June 2013 | 0.4% | £163,376 |
| June 2012 | -2.5% | £162,698 |
| June 2011 | -1.8% | £166,812 |
| June 2010 | 0% | £169,891 |
| June 2009 | -2.8% | £169,904 |
| June 2008 | -3.3% | £174,768 |
| June 2007 | 0% | £180,784 |
Rental Market Trends
The current average rental value in the postcode is £747.
The SY16 2AB Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £747pcm |
| June 2025 | 3.9% | £710pcm |
| June 2024 | 4.3% | £684pcm |
| June 2023 | 4.6% | £656pcm |
| June 2022 | 12.2% | £627pcm |
| June 2021 | 3.6% | £559pcm |
| June 2020 | -0.8% | £539pcm |
| June 2019 | 1.6% | £543pcm |
| June 2018 | 2.1% | £535pcm |
| June 2017 | 1.8% | £524pcm |
| June 2016 | 1.4% | £515pcm |
| June 2015 | 3% | £508pcm |
| June 2014 | -1.6% | £493pcm |
| June 2013 | 1.4% | £501pcm |
| June 2012 | -0.2% | £494pcm |
| June 2011 | -0.5% | £495pcm |
| June 2010 | 1.1% | £497pcm |
| June 2009 | -4.3% | £492pcm |
| June 2008 | 0.6% | £514pcm |
| June 2007 | 0% | £511pcm |
Sales History
The last sale was on 27th March 2024 for £165,000 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
SY16 2AB has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
SY16 2AB is the 240th largest and the 263rd most expensive postcode out of the 637 postcodes in the SY16 area.
- SY16 2AA, The Bank, Newtown, SY16SY16 2AA4 Addresses|7 m away
- SY16 2AD, Gas Street, Newtown, SY16SY16 2AD5 Addresses|32 m away
- SY16 2LP, Short Bridge Street, Newtown, SY16SY16 2LP2 Addresses|50 m away
- SY16 2LT, Parkers Lane, Newtown, SY16SY16 2LT2 Addresses|50 m away
- SY16 2LW, Short Bridge Street, Newtown, SY16SY16 2LW6 Addresses|55 m away
Property Types
- 2 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period house (2)
- period flat (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Sep 2003£200,000 | 5 Bed HouseSunlea, The Bank, Newtown, SY16 2AASunlea, The Bank, Newtown, SY16 2AA
- Sold Mar 2024£165,000 | FlatFlat 1, Rostherne, The Bank, Newtown, SY16 2ABFlat 1, Rostherne, The Bank, Newtown, SY16 2AB
- Sold Oct 2022£112,500 | 3 Bed HouseBank Cottage, The Bank, Newtown, SY16 2ABBank Cottage, The Bank, Newtown, SY16 2AB
Schools Nearby
Public Transport Nearby
The closest station to SY16 2AB is Newtown (Powys) station, which is 300 metres away.
- Newtown (Powys)|300 m away
- Caersws|8.0 km away
- Welshpool|19.7 km away
- Llanbister Road|21.0 km away
