Prospect Place - SY7 8LB
Key Postcode Insights
SY7 8LB is a residential postcode situated on Prospect Place, Clun, Craven Arms, SY7 with 4 addresses.
It ranks as the 217th largest and 137th most expensive of the 736 postcodes in the SY7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £206,298
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £874pcm
- 10 Year change
- up 60.9%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
SY7 8LB is a residential postcode situated on Prospect Place, Clun, Craven Arms, SY7 with 4 addresses.
It ranks as the 217th largest and 137th most expensive of the 736 postcodes in the SY7 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £206,298
- 10 Year change
- up 38.1%
- Ave. Rental Price
- £874pcm
- 10 Year change
- up 60.9%
- Ave. £ per ft²
- £258/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin SY7 8LB
- 1 Prospect Place
2 Bed Mid-century House
- 2 Prospect Place
3 Bed Mid-century House
- 3 Prospect Place
2 Bed Early-century House
- 4 Prospect Place
3 Bed Early-century House
Sales Market Trends
The last sale in SY7 8LB sold for £155,000 on 27th March 2020. Since then prices are up an average of 25.7%.
The current average value in the postcode is £206,298.
The SY7 8LB Sales Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £206,298 |
| June 2025 | 1% | £208,878 |
| June 2024 | -0.5% | £206,779 |
| June 2023 | 1% | £207,892 |
| June 2022 | 14.1% | £205,778 |
| June 2021 | 9.2% | £180,315 |
| June 2020 | -0.7% | £165,094 |
| June 2019 | 5.5% | £166,266 |
| June 2018 | 1.2% | £157,619 |
| June 2017 | 4.2% | £155,703 |
| June 2016 | 2.7% | £149,388 |
| June 2015 | 2.6% | £145,403 |
| June 2014 | 0.7% | £141,683 |
| June 2013 | 3.2% | £140,724 |
| June 2012 | -2% | £136,319 |
| June 2011 | -3.8% | £139,087 |
| June 2010 | 1.4% | £144,588 |
| June 2009 | -5.6% | £142,645 |
| June 2008 | -6.4% | £151,038 |
| June 2007 | 0% | £161,329 |
Rental Market Trends
The current average rental value in the postcode is £874.
The SY7 8LB Rental Market has increased by 60.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.2% | £874pcm |
| June 2025 | 8.2% | £831pcm |
| June 2024 | 4.4% | £768pcm |
| June 2023 | 7.9% | £736pcm |
| June 2022 | 10.9% | £682pcm |
| June 2021 | 3% | £615pcm |
| June 2020 | 0% | £597pcm |
| June 2019 | 4.2% | £597pcm |
| June 2018 | 0.8% | £573pcm |
| June 2017 | 4.6% | £568pcm |
| June 2016 | -1.5% | £543pcm |
| June 2015 | 5% | £551pcm |
| June 2014 | -1.2% | £525pcm |
| June 2013 | 6.7% | £531pcm |
| June 2012 | -6.3% | £498pcm |
| June 2011 | -4.4% | £531pcm |
| June 2010 | 5.8% | £556pcm |
| June 2009 | 0.9% | £525pcm |
| June 2008 | 5.2% | £521pcm |
| June 2007 | 0% | £495pcm |
Sales History
The last sale was on 27th March 2020 for £155,000 and since then the market in the area has increased by 25.7%. The postcode has had a total of 5 sales since 1995.
SY7 8LB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2020£155,000 | 2 Bed House3, Prospect Place, Craven Arms, SY7 8LB3, Prospect Place, Craven Arms, SY7 8LB
- Sold Mar 2018£156,000 | 3 Bed House2, Prospect Place, Craven Arms, SY7 8LB2, Prospect Place, Craven Arms, SY7 8LB
- Sold Feb 2018£145,500 | 2 Bed House1, Prospect Place, Craven Arms, SY7 8LB1, Prospect Place, Craven Arms, SY7 8LB
- Sold Mar 2004£27,000 | 3 Bed House4, Prospect Place, Craven Arms, SY7 8LB4, Prospect Place, Craven Arms, SY7 8LB
- Sold Jun 1995£57,500 | 2 Bed House1, Prospect Place, Craven Arms, SY7 8LB1, Prospect Place, Craven Arms, SY7 8LB
Nearby Postcodes
SY7 8LB is the 217th largest and the 137th most expensive postcode out of the 736 postcodes in the SY7 area.
- SY7 8LA, Powells Lane, Clun, Craven Arms, SY7SY7 8LA8 Addresses|46 m away
- SY7 8LH, St. Thomas Close, Clun, Craven Arms, SY7SY7 8LH7 Addresses|55 m away
- SY7 8LN, Kidd Lane, Clun, Craven Arms, SY7SY7 8LN3 Addresses|77 m away
- SY7 8JB, High Street, Clun, Craven Arms, SY7SY7 8JB41 Addresses|78 m away
- SY7 8LD, Ford Street, Clun, Craven Arms, SY7SY7 8LD27 Addresses|79 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- mid-century house (2)
- early-century house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Mar 2018£156,000 | 3 Bed House2, Prospect Place, Craven Arms, SY7 8LB2, Prospect Place, Craven Arms, SY7 8LB
- Sold Mar 2020£155,000 | 2 Bed House3, Prospect Place, Craven Arms, SY7 8LB3, Prospect Place, Craven Arms, SY7 8LB
- Sold Feb 2018£145,500 | 2 Bed House1, Prospect Place, Craven Arms, SY7 8LB1, Prospect Place, Craven Arms, SY7 8LB
Schools Nearby
- St George's CofE Academy, Clun400 m away
- Newcastle CofE Primary School5.5 km away
- Lydbury North Church of England Primary School7.0 km away
- The Community College, Bishop's Castle7.7 km away
- Wigmore School16.6 km away
More reading links
Public Transport Nearby
The closest station to SY7 8LB is Knucklas station, which is 8.3 kilometres away.
- Knucklas|8.3 km away
- Hopton Heath|8.6 km away
- Knighton|8.6 km away
- Bucknell|9.0 km away
