SY8 1JU is a residential postcode situated on Steventon New Road, Ludlow, SY8 with 4 addresses.
It ranks as the 166th largest and 523rd most expensive of the 781 postcodes in the SY8 area.
The postcode contains a total of 4 properties: 4 houses.
SY8 1JU is a residential postcode situated on Steventon New Road, Ludlow, SY8 with 4 addresses.
It ranks as the 166th largest and 523rd most expensive of the 781 postcodes in the SY8 area.
The postcode contains a total of 4 properties: 4 houses.
Sale prices range from £268,747 for 3 bedroom freehold houses with a garden (861 ft2) to £441,538 for 4 bedroom freehold houses with a garden (1,774 ft2) .
Monthly rental prices range from £1,030 pcm for 3 bed houses to £1,287 pcm for 4 bed houses.
The gross rental yield is between 3.4% and 4.6%.
The average value per square foot is £239.
The last sale in SY8 1JU sold for £375,000 on 26th October 2017. Since then prices are up an average of 19.3%.
The current average value in the postcode is £372,056.
The SY8 1JU Sales Market has increased by 31.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £372,056 |
| April 2025 | -3.7% | £381,131 |
| April 2024 | 1% | £395,822 |
| April 2023 | 2.7% | £391,811 |
| April 2022 | 8.5% | £381,633 |
| April 2021 | 3.8% | £351,579 |
| April 2020 | 3.9% | £338,724 |
| April 2019 | 5.6% | £326,109 |
| April 2018 | 0.9% | £308,951 |
| April 2017 | 8.6% | £306,218 |
| April 2016 | 8.3% | £282,024 |
| April 2015 | -1.6% | £260,385 |
| April 2014 | 7.3% | £264,688 |
| April 2013 | 3.1% | £246,633 |
| April 2012 | 3.6% | £239,124 |
| April 2011 | -1.5% | £230,734 |
| April 2010 | -2.7% | £234,183 |
| April 2009 | -7.4% | £240,655 |
| April 2008 | -1% | £259,802 |
| April 2007 | 0% | £262,517 |
The current average rental value in the postcode is £1,206.
The SY8 1JU Rental Market has increased by 60.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,206pcm |
| April 2025 | 8.5% | £1,168pcm |
| April 2024 | 3.9% | £1,077pcm |
| April 2023 | 9% | £1,036pcm |
| April 2022 | 9.2% | £951pcm |
| April 2021 | 2.6% | £871pcm |
| April 2020 | -0.1% | £849pcm |
| April 2019 | 5.1% | £850pcm |
| April 2018 | 1.9% | £809pcm |
| April 2017 | 5.7% | £794pcm |
| April 2016 | -3.6% | £752pcm |
| April 2015 | 6.7% | £780pcm |
| April 2014 | -0.2% | £731pcm |
| April 2013 | 9% | £733pcm |
| April 2012 | -8.6% | £672pcm |
| April 2011 | -1.1% | £736pcm |
| April 2010 | 3.2% | £744pcm |
| April 2009 | 2.4% | £721pcm |
| April 2008 | 4% | £704pcm |
| April 2007 | 0% | £677pcm |
The last sale was on 26th October 2017 for £375,000 and since then the market in the area has increased by 19.3%. The postcode has had a total of 5 sales since 1995.
SY8 1JU has seen no sales in the last three years and no sales in the last twelve months.
SY8 1JU is the 166th largest and the 523rd most expensive postcode out of the 781 postcodes in the SY8 area.
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The closest station to SY8 1JU is Ludlow station which is 1.3 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 SY8 1JU, 68.9% of property is privately owned outright and 19.7% is privately owned with a mortgage.
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 SY8 1JU, 8.8% of residents are recorded as possessing school level qualifications and 21.9% 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 SY8 1JU, the average age was 48.3 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 SY8 1JU, 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 SY8 1JU, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.