Red Bank - SY21 7PL
Key Postcode Insights
SY21 7PL is a residential postcode situated on Red Bank, Welshpool, SY21 with 9 addresses.
It ranks as the 647th largest and 509th 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 9 properties: 9 houses.
- Ave. Sale Price
- £291,409
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,137pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £196/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
SY21 7PL is a residential postcode situated on Red Bank, Welshpool, SY21 with 9 addresses.
It ranks as the 647th largest and 509th 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 9 properties: 9 houses.
- Ave. Sale Price
- £291,409
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,137pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £196/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin SY21 7PL
- Amynedd
House
- Awelfa
3 Bed Modern House
- Croft House
5 Bed Period House
- Dunluce
4 Bed Mid-century House
- Havencroft
3 Bed Modern House
Sales Market Trends
The last sale in SY21 7PL sold for £225,000 on 22nd November 2024. Since then prices are up an average of 5.4%.
The current average value in the postcode is £291,409.
The SY21 7PL Sales Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £291,409 |
| June 2025 | 5.6% | £297,875 |
| June 2024 | -1.7% | £282,114 |
| June 2023 | 2.9% | £286,932 |
| June 2022 | 9.4% | £278,772 |
| June 2021 | 21.6% | £254,911 |
| June 2020 | -3.9% | £209,686 |
| June 2019 | 3.1% | £218,155 |
| June 2018 | 1.6% | £211,571 |
| June 2017 | 2.8% | £208,217 |
| June 2016 | 5.6% | £202,471 |
| June 2015 | 1.2% | £191,706 |
| June 2014 | -0.1% | £189,415 |
| June 2013 | 0.1% | £189,667 |
| June 2012 | 1.7% | £189,438 |
| June 2011 | -2.9% | £186,349 |
| June 2010 | 5.6% | £191,972 |
| June 2009 | -9.4% | £181,804 |
| June 2008 | -1.3% | £200,710 |
| June 2007 | 0% | £203,428 |
Rental Market Trends
The current average rental value in the postcode is £1,137.
The SY21 7PL Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,137pcm |
| June 2025 | 5.8% | £1,088pcm |
| June 2024 | 5.6% | £1,029pcm |
| June 2023 | 7.8% | £974pcm |
| June 2022 | 7.8% | £904pcm |
| June 2021 | 8.1% | £839pcm |
| June 2020 | 1.2% | £776pcm |
| June 2019 | 2.4% | £767pcm |
| June 2018 | 0.4% | £748pcm |
| June 2017 | 1.2% | £745pcm |
| June 2016 | 2.4% | £737pcm |
| June 2015 | 3.3% | £719pcm |
| June 2014 | 3% | £696pcm |
| June 2013 | 2% | £676pcm |
| June 2012 | 0.8% | £663pcm |
| June 2011 | 0.9% | £658pcm |
| June 2010 | 3.6% | £651pcm |
| June 2009 | -5.5% | £629pcm |
| June 2008 | 8% | £665pcm |
| June 2007 | 0% | £616pcm |
Sales History
The last sale was on 22nd November 2024 for £225,000 and since then the market in the area has increased by 5.4%. The postcode has had a total of 6 sales since 1995.
SY21 7PL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£225,000 | 4 Bed HouseStoneleigh, Red Bank, Welshpool, SY21 7PLStoneleigh, Red Bank, Welshpool, SY21 7PL
- Sold Sep 2021£350,000 | 4 Bed HouseDunluce, Red Bank, Welshpool, SY21 7PLDunluce, Red Bank, Welshpool, SY21 7PL
- Sold Nov 2014£137,000 | 3 Bed HouseRoanhead, Red Bank, Welshpool, SY21 7PLRoanhead, Red Bank, Welshpool, SY21 7PL
- Sold Mar 2010£100,000 | 3 Bed HouseAwelfa, Red Bank, Welshpool, SY21 7PLAwelfa, Red Bank, Welshpool, SY21 7PL
- Sold Jun 2007£310,000 | 3 Bed HouseAwelfa, Red Bank, Welshpool, SY21 7PLAwelfa, Red Bank, Welshpool, SY21 7PL
Nearby Postcodes
SY21 7PL is the 647th largest and the 509th most expensive postcode out of the 1,088 postcodes in the SY21 area.
- SY21 7PJ, Red Bank, Welshpool, SY21SY21 7PJ2 Addresses|89 m away
- SY21 7PN, Red Bank, Welshpool, SY21SY21 7PN5 Addresses|116 m away
- SY21 7PX, Blue Bell Drive, Welshpool, SY21SY21 7PX11 Addresses|134 m away
- SY21 7PP, Red Bank, Welshpool, SY21SY21 7PP3 Addresses|140 m away
- SY21 7NX, Forden, Welshpool, SY21SY21 7NX17 Addresses|148 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- period house (1)
- modern house (2)
- mid-century house (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (1)
- F (1)
- C (1)
- G (0)
- D (1)
- No EPC (3)
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 7PL is Welshpool station, which is 800 metres away.
- Welshpool|800 m away
- Newtown (Powys)|20.1 km away
- Caersws|25.3 km away
- Gobowen|26.7 km away