Somerset Way - SY4 5TW
Key Postcode Insights
SY4 5TW is a residential postcode situated on Somerset Way, Wem, Shrewsbury, SY4 with 15 addresses.
It ranks as the 763rd largest and 30th most expensive of the 1,036 postcodes in the SY4 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £148,097
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £789pcm
- 10 Year change
- up 59.9%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
SY4 5TW is a residential postcode situated on Somerset Way, Wem, Shrewsbury, SY4 with 15 addresses.
It ranks as the 763rd largest and 30th most expensive of the 1,036 postcodes in the SY4 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 15 properties: 15 houses.
- Ave. Sale Price
- £148,097
- 10 Year change
- up 45.4%
- Ave. Rental Price
- £789pcm
- 10 Year change
- up 59.9%
- Ave. £ per ft²
- £251/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin SY4 5TW
- 59 Somerset Way
2 Bed Modern House
- 61 Somerset Way
2 Bed Modern House
- 63 Somerset Way
2 Bed Modern House
- 65 Somerset Way
House
- 67 Somerset Way
2 Bed Modern House
Sales Market Trends
The last sale in SY4 5TW sold for £125,000 on 14th February 2025. Since then prices are up an average of 1.8%.
The current average value in the postcode is £148,097.
The SY4 5TW Sales Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £148,097 |
| June 2025 | 3.8% | £146,729 |
| June 2024 | -1.1% | £141,307 |
| June 2023 | 2.2% | £142,831 |
| June 2022 | 11.9% | £139,801 |
| June 2021 | 9.7% | £124,971 |
| June 2020 | 2.2% | £113,919 |
| June 2019 | 1.9% | £111,422 |
| June 2018 | 5.1% | £109,337 |
| June 2017 | 2.1% | £104,022 |
| June 2016 | 3.5% | £101,842 |
| June 2015 | 0.7% | £98,380 |
| June 2014 | 5.7% | £97,662 |
| June 2013 | 0.4% | £92,415 |
| June 2012 | -1.5% | £92,014 |
| June 2011 | -0.5% | £93,441 |
| June 2010 | 0.8% | £93,866 |
| June 2009 | -8.1% | £93,122 |
| June 2008 | -3.8% | £101,317 |
| June 2007 | 0% | £105,266 |
Rental Market Trends
The current average rental value in the postcode is £789.
The SY4 5TW Rental Market has increased by 59.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £789pcm |
| June 2025 | 7% | £747pcm |
| June 2024 | 7.6% | £698pcm |
| June 2023 | 7.2% | £649pcm |
| June 2022 | 11% | £605pcm |
| June 2021 | 6.4% | £545pcm |
| June 2020 | 1% | £512pcm |
| June 2019 | 0.6% | £507pcm |
| June 2018 | 2% | £504pcm |
| June 2017 | 0.1% | £494pcm |
| June 2016 | 1.2% | £494pcm |
| June 2015 | 2.6% | £488pcm |
| June 2014 | 2.3% | £475pcm |
| June 2013 | 0.1% | £465pcm |
| June 2012 | 0.1% | £464pcm |
| June 2011 | -1.6% | £464pcm |
| June 2010 | 4.2% | £471pcm |
| June 2009 | -4.9% | £452pcm |
| June 2008 | -0.4% | £475pcm |
| June 2007 | 0% | £477pcm |
Sales History
The last sale was on 14th February 2025 for £125,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 33 sales since 1995.
SY4 5TW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2025£125,000 | 2 Bed House79, Somerset Way, Shrewsbury, SY4 5TW79, Somerset Way, Shrewsbury, SY4 5TW
- Sold Nov 2022£118,000 | 2 Bed House83, Somerset Way, Shrewsbury, SY4 5TW83, Somerset Way, Shrewsbury, SY4 5TW
- Sold Mar 2021£95,000 | 2 Bed House73, Somerset Way, Shrewsbury, SY4 5TW73, Somerset Way, Shrewsbury, SY4 5TW
- Sold Sep 2020£97,000 | 2 Bed House81, Somerset Way, Shrewsbury, SY4 5TW81, Somerset Way, Shrewsbury, SY4 5TW
- Sold Jun 2019£156,000 | 2 Bed House67, Somerset Way, Shrewsbury, SY4 5TW67, Somerset Way, Shrewsbury, SY4 5TW
Nearby Postcodes
SY4 5TW is the 763rd largest and the 30th most expensive postcode out of the 1,036 postcodes in the SY4 area.
- SY4 5YW, Davies Drive, Wem, Shrewsbury, SY4SY4 5YW24 Addresses|49 m away
- SY4 5UW, Somerset Way, Wem, Shrewsbury, SY4SY4 5UW35 Addresses|63 m away
- SY4 5YN, Pyms Road, Wem, Shrewsbury, SY4SY4 5YN9 Addresses|108 m away
- SY4 5YP, Butler Road, Wem, Shrewsbury, SY4SY4 5YP24 Addresses|120 m away
- SY4 5UP, Somerset Way, Wem, Shrewsbury, SY4SY4 5UP19 Addresses|139 m away
Property Types
- 10 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (10)
- mid-century house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (3)
- G (0)
- D (5)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Nov 2023£290,000 | 3 Bed House5, Somerset Way, Shrewsbury, SY4 5UP5, Somerset Way, Shrewsbury, SY4 5UP
- Sold Oct 2020£280,000 | 4 Bed House11, Somerset Way, Shrewsbury, SY4 5UP11, Somerset Way, Shrewsbury, SY4 5UP
- Sold Dec 2022£275,000 | 2 Bed House44, Somerset Way, Shrewsbury, SY4 5UW44, Somerset Way, Shrewsbury, SY4 5UW
Schools Nearby
- St Peter's CofE Primary School600 m away
- Newtown CofE Primary School3.9 km away
- Clive CofE Primary School5.5 km away
- The Thomas Adams School200 m away
- The Corbet School11.1 km away
- Sir John Talbot's School11.4 km away
More reading links
Public Transport Nearby
The closest station to SY4 5TW is Wem station, which is 900 metres away.
- Wem|900 m away
- Prees|5.1 km away
- Yorton|5.8 km away
- Whitchurch (Shropshire)|12.5 km away
