Property trends for SY16

    SY16 covers mid and south Shropshire, centred on Bishops Castle and the surrounding rural districts. It is a countryside area characterised by villages, farmland, and small market towns with a distinctly traditional, quieter appeal.

    Average Property Price - SY16

    £238,047

    25

    National percentile

    12 month avg at 30 Sep 2026

    Average Monthly Rent - SY

    £779

    16

    National percentile

    Estimate at 30 Sep 2026

    Average Net Household Income - SY16

    £30,739

    10

    National percentile

    2023 census data

    Flat / Maisonette Yield - SY

    4.6%

    5

    National percentile

    Estimate at 30 Sep 2026

    10-Year Annualised Price Growth - SY16

    4.6%

    89

    National percentile

    Estimate at 30 Sep 2026

    10-Year Annualised Rent Growth - SY

    3.8%

    43

    National percentile

    Estimate at 30 Sep 2026

    Street Rankings — SY16

    Top 5 streets in SY16 ranked by 3-year average sale price.

    #Street3Y Avg
    1Milford Common£525,000
    2Upper Dolfor Road£506,667
    3Meadow Lane£431,250
    4Mill Fields£415,000
    5Llanllwchaiarn£385,000

    Property Price & Volume Trends

    See wider trends for Shrewsbury (SY) →

    The average property price in SY16 is £251,000, placing it below the national average. Over the past decade, prices have grown at 5.1% annually—among the strongest growth rates nationally. Transaction activity has softened recently, with 164 sales in the latest year compared to an average of 197 over the previous decade.

    Average monthly rent across the broader SY postcode area is £754, well below the national average. Rental growth over ten years has been modest at 3.5% annually, below the national pace. The flat yield currently stands at 4.4%, up from a ten-year average of 3.9%, reflecting improving returns for landlords in recent times.

    Income & Affordability Trends

    See wider trends for Shrewsbury (SY) →

    Average net household income is £30,739, significantly below the national average. The price-to-income ratio now stands at 7.3x, having risen from 6.5x in 2016, indicating that property has become less affordable relative to earnings over this period. Rental affordability has improved slightly: the rent-to-income ratio has eased from 22.7% to 22%, though renters still dedicate a substantial share of income to housing costs.

    Resident Demographic Profile

    See wider trends for Shrewsbury (SY) →

    The population is notably older than average, with over a quarter aged 65 and above compared to under one-fifth nationally, and those aged 50–64 also significantly overrepresented. Outright ownership is well above average at 40%, while social rented housing accounts for a larger share than the national norm at 20%. The employment mix is skewed towards trades workers at 17.6%—well above the 10.5% national average—reflecting the rural and agricultural character of the area.

    Properties in SY16

    Streets in SY16

    Nearby districts

    Other areas