SY7 (Craven Arms) area guide

SY7
Craven Arms
The SY7 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Abcott, Abdon, Adforton, Adleymoor, Aldon, Anchor, Argoed, Asterton, Aston Munslow, Aston On Clun, Aston-On-Clun, Bache, Basford, Baucott, Beambridge, Beckjay, Bedstone, Bettws-Y-Crwyn, Bicton, Birtley, Bishop's Castle with Onny Valley, Bitterley with Stoke St Milborough, Blackbridge, Bouldon, Brampton Bryan, Brandhill, Broadstone, Broadward, Brockton, Broncroft, Broome, Brunslow, Bucknell, Buckton, Burley, Burwood, Bushmoor, Caldy, Chapel Lawn, Cheney Longville, Choulton, Clee St Margaret, Clun, Clun Forest, Clunbury, Clungunford, Clunton, Cockshutford, Cold Weston, Colesty, Corfton, Corfton Bache, Corve Valley, Coston, Craven Arms, Deerfold, Diddlebury, Dinchope, Duxmoor, Edgton, Eyton, Halford, Heath, Hopesay, Hopton Castle, Hopton Heath, Horderley, Hungerford, Kemp Valley, Kempton, Kerry, Kinton, Leamoor Common, Leintwardine, Letton, Lingen, Llanbrook, Llwyn, Long Mynd, Longmeadow End, Lower Down, Lower Millichope, Lower Walton, Lydbury North, Mardu, Marlow, Medley Park, Middlehope, Millichope, Mocktree, Mortimer, Munslow, Mynd, Myndtown, New Invention, Newcastle, Newington, Newton, Norton, Obley, Onibury, Peaton, Pedlars Rest, Pentre, Perry Gutter, Plowden, Postons, Purlogue, Purslow, Round Oak, Rowton, Seifton, Seifton Batch, Shawbank, Shelderton, Shropshire, Sibdon, Stokesay, Strefford, The Firs, The Fish, The Harbour, Toddings, Totterton, Treverward, Tugford, Twitchen, Upper Corvedale, Upper Walton, Vernolds Common, Walcot, Walford, Westhope, Weston, Wetmore, Whettleton, Whitcott Keysett, Whitton, Whitty Tree, Wistanstow, Wistanstow with Hopesay, Woodside, Woolston, Wootton.
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Notes:

A Mouseprice property guide for SY7 Craven Arms is coming soon. In the meantime, please have a look at the raw data and statistics about SY7 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 SY7 is 4919 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 propertyDuring the last 3 months, property in this postcode district has averaged a value of £233910.

Shrewsbury propertySince most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 11.5.

Shrewsbury propertyNew transactions as a percentage of overall sales are 9.7%.

Housing stock:

Craven Arms propertyOver half of the properties in the area are Detached Houses, at 55.8% of the total housing stock.

Craven Arms propertyFlats account for the lowest percentage of the housing stock in this district, at only 4.6%.

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

Craven Arms propertySocially rented accommodation represents 9.4% of the total rented accommodation in the area.

Craven Arms propertyThe majority of property in this area is owner occupied.

Craven Arms propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £202435.

Who lives here:

Craven Arms propertyCraven Arms propertyThis is one of the most “experienced” areas of the country, with an average age of 45.
Craven Arms propertyThis area has a high percentage of married people at 23%.
Craven Arms propertyPeople here work very hard – men work, on average, 46 hours per week, whilst women work for 15 hours less.
Craven Arms propertyThis area is relatively rural, with only 0.2 people per square kilometre.
Craven Arms propertyThe largest source of work in this area is Wholesale & Retail (15.3% of workers), followed by Construction (15.3%).