Red Bank - SY21 7PP
Key Postcode Insights
SY21 7PP is a residential postcode situated on Red Bank, Welshpool, SY21 with 3 addresses.
It ranks as the 212th largest and 674th most expensive of the 1,088 postcodes in the SY21 area.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £347,737
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,167pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £228/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
SY21 7PP is a residential postcode situated on Red Bank, Welshpool, SY21 with 3 addresses.
It ranks as the 212th largest and 674th most expensive of the 1,088 postcodes in the SY21 area.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £347,737
- 10 Year change
- up 43.9%
- Ave. Rental Price
- £1,167pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £228/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Sales Market Trends
The last sale in SY21 7PP sold for £190,000 on 25th July 2008. Since then prices are up an average of 45.9%.
The current average value in the postcode is £347,737.
The SY21 7PP Sales Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £347,737 |
| June 2025 | 5.6% | £355,453 |
| June 2024 | -1.7% | £336,646 |
| June 2023 | 2.9% | £342,395 |
| June 2022 | 9.4% | £332,658 |
| June 2021 | 21.6% | £304,184 |
| June 2020 | -3.9% | £250,217 |
| June 2019 | 3.1% | £260,323 |
| June 2018 | 1.6% | £252,467 |
| June 2017 | 2.8% | £248,464 |
| June 2016 | 5.6% | £241,608 |
| June 2015 | 1.2% | £228,762 |
| June 2014 | -0.1% | £226,028 |
| June 2013 | 0.1% | £226,328 |
| June 2012 | 1.7% | £226,055 |
| June 2011 | -2.9% | £222,369 |
| June 2010 | 5.6% | £229,080 |
| June 2009 | -9.4% | £216,946 |
| June 2008 | -1.3% | £239,506 |
| June 2007 | 0% | £242,749 |
Rental Market Trends
The current average rental value in the postcode is £1,167.
The SY21 7PP Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £1,167pcm |
| June 2025 | 5.8% | £1,117pcm |
| June 2024 | 5.6% | £1,056pcm |
| June 2023 | 7.8% | £1,000pcm |
| June 2022 | 7.8% | £928pcm |
| June 2021 | 8.1% | £861pcm |
| June 2020 | 1.2% | £796pcm |
| June 2019 | 2.4% | £787pcm |
| June 2018 | 0.4% | £768pcm |
| June 2017 | 1.2% | £765pcm |
| June 2016 | 2.4% | £756pcm |
| June 2015 | 3.3% | £738pcm |
| June 2014 | 3% | £715pcm |
| June 2013 | 2% | £694pcm |
| June 2012 | 0.8% | £680pcm |
| June 2011 | 0.9% | £675pcm |
| June 2010 | 3.6% | £669pcm |
| June 2009 | -5.5% | £646pcm |
| June 2008 | 8% | £683pcm |
| June 2007 | 0% | £632pcm |
Sales History
The last sale was on 25th July 2008 for £190,000 and since then the market in the area has increased by 45.9%. The postcode has had a total of 2 sales since 1995.
SY21 7PP has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
SY21 7PP is the 212th largest and the 674th most expensive postcode out of the 1,088 postcodes in the SY21 area.
- SY21 7PT, Trem Dyffryn, Welshpool, SY21SY21 7PT8 Addresses|60 m away
- SY21 7PN, Red Bank, Welshpool, SY21SY21 7PN5 Addresses|69 m away
- SY21 7PS, Trem Hafren, Welshpool, SY21SY21 7PS16 Addresses|100 m away
- SY21 7PX, Blue Bell Drive, Welshpool, SY21SY21 7PX11 Addresses|111 m away
- SY21 7PL, Red Bank, Welshpool, SY21SY21 7PL9 Addresses|140 m away
Property Types
- 1 house of an unknown age
- 2 other addresses of unknown type
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- 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 7PP is Welshpool station, which is 1.0 kilometres away.
- Welshpool|1.0 km away
- Newtown (Powys)|20.1 km away
- Caersws|25.2 km away
- Gobowen|26.6 km away