Red Bank - SY21 7PJ
Key Postcode Insights
SY21 7PJ is a residential postcode situated on Red Bank, Welshpool, SY21 with 2 addresses.
It ranks as the 122nd largest and 557th most expensive of the 1,088 postcodes in the SY21 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £286,502
- 10 Year change
- up 47.5%
- Ave. Rental Price
- £927pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
SY21 7PJ is a residential postcode situated on Red Bank, Welshpool, SY21 with 2 addresses.
It ranks as the 122nd largest and 557th most expensive of the 1,088 postcodes in the SY21 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £286,502
- 10 Year change
- up 47.5%
- Ave. Rental Price
- £927pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Sales Market Trends
The last sale in SY21 7PJ sold for £320,000 on 24th November 2022. Since then prices are up an average of 6.4%.
The current average value in the postcode is £286,502.
The SY21 7PJ Sales Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £286,502 |
| June 2025 | 6.3% | £287,241 |
| June 2024 | -1% | £270,229 |
| June 2023 | 2.3% | £272,958 |
| June 2022 | 10.1% | £266,898 |
| June 2021 | 20.9% | £242,467 |
| June 2020 | -3.7% | £200,562 |
| June 2019 | 2.8% | £208,190 |
| June 2018 | 1.7% | £202,462 |
| June 2017 | 2.5% | £199,104 |
| June 2016 | 4.4% | £194,275 |
| June 2015 | 0.9% | £186,005 |
| June 2014 | 0.4% | £184,400 |
| June 2013 | 0% | £183,591 |
| June 2012 | 1.5% | £183,610 |
| June 2011 | -3.9% | £180,842 |
| June 2010 | 5.7% | £188,124 |
| June 2009 | -11.2% | £177,934 |
| June 2008 | -1.5% | £200,343 |
| June 2007 | 0% | £203,303 |
Rental Market Trends
The current average rental value in the postcode is £927.
The SY21 7PJ Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.6% | £927pcm |
| June 2025 | 6.5% | £870pcm |
| June 2024 | 6.3% | £817pcm |
| June 2023 | 7.1% | £768pcm |
| June 2022 | 8.5% | £718pcm |
| June 2021 | 7.5% | £661pcm |
| June 2020 | 1.4% | £615pcm |
| June 2019 | 2.2% | £606pcm |
| June 2018 | 0.5% | £594pcm |
| June 2017 | 0.8% | £591pcm |
| June 2016 | 1.3% | £586pcm |
| June 2015 | 2.9% | £578pcm |
| June 2014 | 3.6% | £562pcm |
| June 2013 | 1.9% | £543pcm |
| June 2012 | 0.7% | £533pcm |
| June 2011 | 0% | £529pcm |
| June 2010 | 3.7% | £529pcm |
| June 2009 | -7.3% | £510pcm |
| June 2008 | 7.9% | £551pcm |
| June 2007 | 0% | £510pcm |
Sales History
The last sale was on 24th November 2022 for £320,000 and since then the market in the area has increased by 6.4%. The postcode has had a total of 2 sales since 1995.
SY21 7PJ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
SY21 7PJ is the 122nd largest and the 557th most expensive postcode out of the 1,088 postcodes in the SY21 area.
- SY21 7PH, Brook Street, Welshpool, SY21SY21 7PH5 Addresses|64 m away
- SY21 7NX, Forden, Welshpool, SY21SY21 7NX17 Addresses|65 m away
- SY21 7PL, Red Bank, Welshpool, SY21SY21 7PL9 Addresses|89 m away
- SY21 7NH, Bronybuckley, Welshpool, SY21SY21 7NH20 Addresses|116 m away
- SY21 7PQ, Nelson Place, Welshpool, SY21SY21 7PQ9 Addresses|118 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Sep 2021£425,000 | 5 Bed House13 Burgess Croft, Red Bank, Welshpool, SY21 7RJ13 Burgess Croft, Red Bank, Welshpool, SY21 7RJ
- Sold Oct 2021£425,000 | 5 Bed House17 Burgess Croft, Red Bank, Welshpool, SY21 7RJ17 Burgess Croft, Red Bank, Welshpool, SY21 7RJ
- Sold Sep 2021£350,000 | 4 Bed HouseDunluce, Red Bank, Welshpool, SY21 7PLDunluce, Red Bank, Welshpool, SY21 7PL
Schools Nearby
Public Transport Nearby
The closest station to SY21 7PJ is Welshpool station, which is 800 metres away.
- Welshpool|800 m away
- Newtown (Powys)|20.0 km away
- Caersws|25.2 km away
- Gobowen|26.8 km away
