Market outlook for SY2
Key indicators for buyers
The SY2 market presents a mixed picture for buyers. Prices are rising at 21.3%, which may favour acting sooner rather than later. Affordability has improved from a peak of 9.4x in 2021 to 8.0x today. Rising rents (£801/mo, +3.2%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Shropshire area
A home in Shropshire costs 8.0x the local median salary — stretched, improving from a peak of 9.4x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Shropshire area
Average monthly rent in Shropshire is £801, up 3.2% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Shropshire price of £374,375 with a 25% deposit (£94k), a 2-year fixed mortgage at 3.97% costs around £1,477 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses SY2 avg. price with Shropshire rental data
Monthly mortgage payments (£1,477) are £676 more than renting (£801). However, buying requires an upfront deposit of £94k — it would take around 37 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
103, GARDENERS PLACE SY2 6FH | Semi-detached | £252,500 | 20 Jan 2026 |
10, CADMAN PLACE SY2 6AN | Terraced | £420,000 | 19 Jan 2026 |
17, SALCOMBE DRIVE SY2 6SH | Detached | £495,000 | 16 Jan 2026 |
22, BISHOP STREET SY2 5HB | Terraced | £330,000 | 14 Jan 2026 |
UNIT 1, ANCHORAGE AVENUE SY2 6FG | Other | £700,000 | 22 Dec 2025 |
54, MERESIDE SY2 6LQ | Semi-detached | £210,000 | 19 Dec 2025 |
18, CORINTHIAN DRIVE SY2 5EQ | Semi-detached | £230,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.