SY8 1PQ is a residential postcode situated on Lower Broad Street, Ludlow, SY8 with 23 addresses.
It ranks as the 652nd largest and 548th most expensive of the 781 postcodes in the SY8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 23 properties: 23 houses.
SY8 1PQ is a residential postcode situated on Lower Broad Street, Ludlow, SY8 with 23 addresses.
It ranks as the 652nd largest and 548th most expensive of the 781 postcodes in the SY8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 23 properties: 23 houses.
Sale prices range from £245,835 for 2 bedroom freehold houses with a garden (365 ft2) to £687,095 for 5 bedroom freehold houses with a garden (2,269 ft2) .
Monthly rental prices range from £719 pcm for 2 bed houses to £1,710 pcm for 5 bed houses.
The gross rental yield is between 2.9% and 4.3%.
The average value per square foot is £404.
The last sale in SY8 1PQ sold for £145,000 on 10th May 2024. Since then prices are down an average of 6.3%.
The current average value in the postcode is £449,380.
The SY8 1PQ Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.7% | £449,380 |
| April 2025 | -3.7% | £461,935 |
| April 2024 | 0.8% | £479,748 |
| April 2023 | 2.6% | £475,727 |
| April 2022 | 8.7% | £463,620 |
| April 2021 | 3.9% | £426,369 |
| April 2020 | 3.7% | £410,281 |
| April 2019 | 5.7% | £395,520 |
| April 2018 | 0.8% | £374,195 |
| April 2017 | 8.7% | £371,352 |
| April 2016 | 8.2% | £341,641 |
| April 2015 | -1.7% | £315,671 |
| April 2014 | 7.5% | £321,125 |
| April 2013 | 3.2% | £298,794 |
| April 2012 | 3.8% | £289,646 |
| April 2011 | -1.5% | £278,990 |
| April 2010 | -2.9% | £283,173 |
| April 2009 | -7.1% | £291,699 |
| April 2008 | -1.2% | £313,999 |
| April 2007 | 0% | £317,852 |
The current average rental value in the postcode is £1,214.
The SY8 1PQ Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,214pcm |
| April 2025 | 8.5% | £1,179pcm |
| April 2024 | 3.8% | £1,087pcm |
| April 2023 | 8.9% | £1,048pcm |
| April 2022 | 9.4% | £962pcm |
| April 2021 | 2.7% | £880pcm |
| April 2020 | -0.2% | £857pcm |
| April 2019 | 5.2% | £858pcm |
| April 2018 | 1.7% | £816pcm |
| April 2017 | 5.8% | £802pcm |
| April 2016 | -3.7% | £758pcm |
| April 2015 | 6.7% | £788pcm |
| April 2014 | -0.1% | £738pcm |
| April 2013 | 9% | £739pcm |
| April 2012 | -8.5% | £678pcm |
| April 2011 | -1.2% | £741pcm |
| April 2010 | 3% | £749pcm |
| April 2009 | 2.7% | £728pcm |
| April 2008 | 3.8% | £709pcm |
| April 2007 | 0% | £683pcm |
The last sale was on 10th May 2024 for £145,000 and since then the market in the area has decreased by 6.3%. The postcode has had a total of 44 sales since 1995.
SY8 1PQ has seen 3 sales in the last three years and no sales in the last twelve months.
SY8 1PQ is the 652nd largest and the 548th most expensive postcode out of the 781 postcodes in the SY8 area.
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The closest station to SY8 1PQ is Ludlow station which is 700 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 1PQ, 59.7% of property is privately owned outright and 18.6% 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 SY8 1PQ, 5.8% of residents are recorded as possessing school level qualifications and 47.3% 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 1PQ, 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 1PQ, 4.6% 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 1PQ, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.