SY7 8EX is a residential postcode situated on Hopesay, Craven Arms, SY7 with 7 addresses.
It ranks as the 362nd largest and 287th most expensive of the 735 postcodes in the SY7 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 5 houses and 2 flats.
SY7 8EX is a residential postcode situated on Hopesay, Craven Arms, SY7 with 7 addresses.
It ranks as the 362nd largest and 287th most expensive of the 735 postcodes in the SY7 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 5 houses and 2 flats.
Sale prices range from £138,202 for 2 bedroom Leasehold flats (398 ft2) to £622,265 for 5 bedroom freehold houses with a garden (7,071 ft2) .
Monthly rental prices range from £576 pcm for 2 bed flats to £1,655 pcm for 5 bed houses.
The gross rental yield is between 3.2% and 5.0%.
The average value per square foot is £224.
The last sale in SY7 8EX sold for £875,000 on 15th January 2020. Since then prices are up an average of 36.2%.
The current average value in the postcode is £288,513.
The SY7 8EX Sales Market has increased by 31.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.9% | £288,513 |
| April 2025 | -1.6% | £293,986 |
| April 2024 | 0.2% | £298,644 |
| April 2023 | 1.3% | £298,091 |
| April 2022 | 11.6% | £294,313 |
| April 2021 | 7.4% | £263,623 |
| April 2020 | 2.4% | £245,470 |
| April 2019 | 2.8% | £239,685 |
| April 2018 | 2% | £233,174 |
| April 2017 | 4% | £228,640 |
| April 2016 | 3.8% | £219,886 |
| April 2015 | 2.3% | £211,901 |
| April 2014 | 1.8% | £207,111 |
| April 2013 | 5.5% | £203,524 |
| April 2012 | -3.7% | £192,940 |
| April 2011 | -1.5% | £200,293 |
| April 2010 | -3.9% | £203,382 |
| April 2009 | -6% | £211,687 |
| April 2008 | -4.8% | £225,124 |
| April 2007 | 0% | £236,536 |
The current average rental value in the postcode is £981.
The SY7 8EX Rental Market has increased by 52.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £981pcm |
| April 2025 | 7.5% | £949pcm |
| April 2024 | 4.6% | £882pcm |
| April 2023 | 7.2% | £844pcm |
| April 2022 | 8.6% | £787pcm |
| April 2021 | 3.2% | £724pcm |
| April 2020 | -0.2% | £702pcm |
| April 2019 | 4% | £703pcm |
| April 2018 | 1.4% | £677pcm |
| April 2017 | 4% | £668pcm |
| April 2016 | -2.8% | £642pcm |
| April 2015 | 5.5% | £661pcm |
| April 2014 | 0% | £626pcm |
| April 2013 | 7.2% | £627pcm |
| April 2012 | -7.6% | £584pcm |
| April 2011 | -1.5% | £633pcm |
| April 2010 | 2.7% | £642pcm |
| April 2009 | 1.5% | £626pcm |
| April 2008 | 6.4% | £617pcm |
| April 2007 | 0% | £580pcm |
The last sale was on 15th January 2020 for £875,000 and since then the market in the area has increased by 36.2%. The postcode has had a total of 5 sales since 1995.
SY7 8EX has seen no sales in the last three years and no sales in the last twelve months.
SY7 8EX is the 362nd largest and the 287th most expensive postcode out of the 735 postcodes in the SY7 area.
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The closest station to SY7 8EX is Broome station which is 2.0 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around SY7 8EX, 57.9% of property is privately owned outright and 21.1% is privately rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around SY7 8EX, 7.2% of residents are recorded as possessing school level qualifications and 42.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around SY7 8EX, the average age was 51.5 and the most common age was 72.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around SY7 8EX, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around SY7 8EX, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.