SY21 (Welshpool) area guide

SY21
Welshpool
The SY21 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Banwy, Belan, Berriew, Brooks, Brunant, Brynllugan, Bulthy, Burgedin, Buttington, Castle Caereinion, Cefn, Cefn Coch, Cefn-Y-Faenor, Chirbury, Cloddiau, Coed-Y-Dinas, Cwm Golau, Cyfronydd, Dolanog, Dolforwyn, Figyn, Foel, Forden, Four Crosses, Frochas, Fron, Garth, Geuffordd, Golfa, Groes Pluen, Groesllwyd, Groes-Pluen, Guilsfield, Gungrog, Heldre, Hope, Kilkewydd, Kingswood, Leighton, Llandrinio, Llanerchydol, Llanerfyl, Llanfair Caereinion, Llanfihangel, Llangadfan, Llangyniew, Llwynderw, Maes Mawr, Manafon, Marton, Meifod, Melinddol, Middletown, Moel Y Garth, Moelygarth, Pentre Llifior, Pentrebeirdd, Pool Quay, Powis Castle, Revel, Rhallt, Rhiwcynon, Rowton, Shropshire, The Cross, Trefnant, Trehelig, Trelydan, Trelystan, Trewern, Ucheldre, Welshpool, Welshpool Castle, Welshpool Gungrog, Welshpool Llanerchyddol.
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Notes:

A Mouseprice property guide for SY21 Welshpool is coming soon. In the meantime, please have a look at the raw data and statistics about SY21 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Shrewsbury propertyThe size of the property market in SY21 is 6672 homes.

Shrewsbury propertyWhen growth averages 13.8% over a 5 year period, as in this postcode district, there are a number of possible explanations, for example that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Shrewsbury propertyOver the last 3 months, the average property value for this postcode district has been £160976.

Shrewsbury propertyWhen examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 8.6.

Shrewsbury propertyNew transactions as a percentage of overall sales are 11.9%.

Housing stock:

Welshpool propertyThe most readily available type of property in the area are Detached Houses, making up 49.8% of the total.

Welshpool propertyFlats account for the lowest percentage of the housing stock in this district, at only 9.1%.

Welshpool propertyThis is an area with a high proportion of property suitable for families with children.

Welshpool propertySocially rented accommodation represents 14% of the total rented accommodation in the area.

Welshpool propertyThe majority of property in this area is owner occupied.

Welshpool propertyThe average price of a two bed property in this area is less that the national average of £187894 at £159350.

Who lives here:

Welshpool propertyWelshpool propertyThe average age in this area is 42.
Welshpool propertyThis area has a high percentage of married people at 24.3%.
Welshpool propertyPeople here work very hard – men work, on average, 46 hours per week, whilst women work for 14 hours less.
Welshpool propertyThis area is relatively rural, with only 0.3 people per square kilometre.
Welshpool propertyThe largest source of work in this area is Wholesale & Retail (17.7% of workers), followed by Construction (17.5%).