SY4 5GB is a residential postcode situated on Mill Street, Wem, Shrewsbury, SY4 with 36 addresses.
It ranks as the 999th largest and 36th most expensive of the 1,036 postcodes in the SY4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 36 properties: 36 flats.
SY4 5GB is a residential postcode situated on Mill Street, Wem, Shrewsbury, SY4 with 36 addresses.
It ranks as the 999th largest and 36th most expensive of the 1,036 postcodes in the SY4 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 36 properties: 36 flats.
Sale prices range from £86,821 for 1 bedroom leasehold flats (215 ft2) to £180,343 for 3 bedroom leasehold flats (925 ft2) .
Monthly rental prices range from £397 pcm for 1 bed flats to £820 pcm for 3 bed flats.
The gross rental yield is between 5.3% and 5.6%.
The average value per square foot is £246.
The last sale in SY4 5GB sold for £90,000 on 27th February 2019. Since then prices are up an average of 20.6%.
The current average value in the postcode is £143,556.
The SY4 5GB Sales Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £143,556 |
| April 2025 | 2.4% | £142,738 |
| April 2024 | -2.2% | £139,441 |
| April 2023 | 5% | £142,609 |
| April 2022 | 5.4% | £135,823 |
| April 2021 | 5.6% | £128,824 |
| April 2020 | 1.5% | £121,997 |
| April 2019 | 2.1% | £120,211 |
| April 2018 | 3.4% | £117,687 |
| April 2017 | 0.8% | £113,860 |
| April 2016 | 3.4% | £112,907 |
| April 2015 | 2% | £109,219 |
| April 2014 | 3.6% | £107,107 |
| April 2013 | -1.8% | £103,370 |
| April 2012 | -1.2% | £105,254 |
| April 2011 | -1.2% | £106,506 |
| April 2010 | -3.8% | £107,774 |
| April 2009 | -8.2% | £111,997 |
| April 2008 | 1.5% | £122,068 |
| April 2007 | 0% | £120,297 |
The current average rental value in the postcode is £655.
The SY4 5GB Rental Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £655pcm |
| April 2025 | 4.8% | £631pcm |
| April 2024 | 7.5% | £602pcm |
| April 2023 | 5.2% | £560pcm |
| April 2022 | 5.8% | £533pcm |
| April 2021 | 2.7% | £503pcm |
| April 2020 | 1.6% | £490pcm |
| April 2019 | -0.2% | £482pcm |
| April 2018 | -0.7% | £483pcm |
| April 2017 | -1% | £487pcm |
| April 2016 | 1.1% | £492pcm |
| April 2015 | 3.1% | £486pcm |
| April 2014 | 0.6% | £472pcm |
| April 2013 | -0.8% | £469pcm |
| April 2012 | -1.3% | £473pcm |
| April 2011 | 1.5% | £479pcm |
| April 2010 | -0.3% | £472pcm |
| April 2009 | -4.6% | £473pcm |
| April 2008 | 2.6% | £496pcm |
| April 2007 | 0% | £483pcm |
The last sale was on 27th February 2019 for £90,000 and since then the market in the area has increased by 20.6%. The postcode has had a total of 13 sales since 1995.
SY4 5GB has seen no sales in the last three years and no sales in the last twelve months.
SY4 5GB is the 999th largest and the 36th most expensive postcode out of the 1,036 postcodes in the SY4 area.
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The closest station to SY4 5GB is Wem station which is 600 metres away.
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