House prices in SY8 (Ludlow)

Price per square metre data and charts to help you understand the housing market in SY8 - stats were last calculated on 22 September 2026.

Defining 'SY8'

This analysis is limited to properties whose postcode starts with "SY8", this is also called the postcode district. There are no official postcode district names so I've just labelled it SY8, Ludlow. It is shown in red on the map below.

Want to change geography?

You can click on the map above to change to a neighbouring district, or you can use the search form below.

Price per square metre

Knowing the average house price in SY8 is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

For example in July 2026, Vigrove Barn, , Ludlow, SY8 4JZ sold for £775,000. Given the internal area of 254 square metres recorded on the EPC, the price per sqm is £775,000 ÷ 254 sqm = £3,051.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-). You can change your prefered units from square meters to square feet for all the graphs and charts on SY8 and elsewhere. Just visit the My Account page and look for the m2 to ft2 toggle switch. Alternatively just multiply everything by 10, move a decimal place to go from sqm to sqft and you'll be close enough as 1 sqm = 10.76391 sqft.

Distribution of £ per sqm for houses vs flats in SY8

The chart above is called a histogram, it helps you see the distribution of house price per sqm in SY8 To make this chart we put all the sales data into a series of £ per sqm 'buckets' (e.g. £2,952 to £3,121, £3,121 to £3,289, £3,289 to £3,458 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 568 sales that took place in SY8, in the last 24 months.

Generate a custom histogram like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in SY8, Ludlow. Notably, only 25% of properties that sold recently were valued at more than £3,630 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of SY8 homes.

Box plot of £ per sqm for SY8

Tip: click on the chart to see the values.

The chart above is called a boxplot (or a box-and-whisker plot). Box plots, like histograms, are used to graphically represent the distribution of data, showing the central tendency, spread of the distribution. In the context of £ per square metre property price distributions, box plots represent the variation in property prices within a geographic area e.g. Ludlow. The chart above shows a boxplot for 'SY8' as well as the 'SY' postcode area.

  • Median: The horizontal line inside the box represents the median (£ per square meter). This is the midpoint of the data, meaning 50% of the prices are below this value, and 50% are above. The middle price per square metre in 'SY8' is £3,100.
  • Interquartile Range (IQR): The box spans from the 25th percentile (Q1) to the 75th percentile (Q3). This is the range where the middle 50% of the data lies, giving a good indication of the typical price spread. Of the 568 transactions in SY8, Ludlow half were sold for between £2,550 and £3,630 per square metre.
  • Whiskers: In our case, the whiskers extend from the 9th percentile (at the lower end) to the 91st percentile (at the upper end), This provides a slightly broader view of the distribution by including the middle 82% of records. The whiskers capture most of the variation but exclude extreme outliers caused by data errors in recording sold house prices or internal area.
  • 'n=' is the number of property transactions the box plot is based on; 568 for SY8, Ludlow.

    • Property price map for Ludlow

    Have a look at the interactive price map I created for myself. Use it to explore house prices in 'Ludlow' all the way down to individual property plots.

    House price heatmap showing property values across Ludlow 🔍 Explore map ›

    Will SY8 house prices drop in 2025?

    House prices in SY8 fell -4.1% in the last year, -7.0% after inflation. Whether or not this trend will continue depends on many factors, such as wage growth, net migration, interest rates and the level of house building. No one can predict these things with certainty however we can plot the historic trends in house prices in SY8 (Ludlow) compared with the wider postcode area 'SY'.You can extrapolate from this based on your own views.

    House price index for SY8

    Tip: click on the legend items to show/hide different lines

    Download house price index as CSV (premium users only).

    The chart above shows changes in 'SY8' property prices over the last 20 years. The index is calculated from the average price paid per sqm for property in SY8 and is set to 100 in 2004. The chart compares trends for SY8, Ludlow against those of the broader postcode area 'SY'. What is more interesting is to look at the difference between flats and houses, even those in the same area follow a very different trend, to get a robust enough sample size to see this we need to zoom out and look at house price trends for the entire Shropshire local authority.

    The dashed lines show nominal house price changes, the solid lines show the same data adjusted for inflation. Economists call this the 'real' price change. You have to take inflation into account when comparing prices over time. It's calculated using the formula:

    Real Rate of Return = (1 + Nominal Rate) ÷ (1 + Inflation Rate) – 1
    In this formula, the nominal rate is the rate of change before any adjustments, and the inflation rate is taken from the Consumer Price Index. The real rate of return is a more accurate measure of change in value, because £1 today does not have the same buying power as £1 in the past. For example, if a savings account pays an interest rate of 3% per year and the inflation rate is 5% per year, the real rate of return is -2%. This means that the investment's value is shrinking by 2% each year.

    Historic returns for SY8
    SY area SY8 district
    Nominal Real Nominal Real
    20 yr per annum 2.1% -0.7% 1.8% -1.0%
    20 yr total 52.1% -12.7% 41.6% -18.7%
    10 yr per annum 3.3% -0.0% 2.7% -0.7%
    10 yr total 38.9% -0.5% 30.4% -6.5%
    5 yr per annum 2.6% -2.2% 0.6% -4.2%
    5 yr total 13.9% -10.7% 3.1% -19.2%
    1 yr per annum 0.4% -2.7% -4.1% -7.0%
    1 yr total 0.4% -2.7% -4.1% -7.0%

    This table complements the house price index chart above, presenting the data in a more detailed format. It breaks down the information into 20-year, 10-year, 5-year, and 1-year periods, further categorized by property type. For each period, we display both a per annum rate of change and a total rate of change.

    The total rate of change represents the overall change over the entire period. The formula for total return is:

    Total return = (Index at end of period ÷ Index at start of period) - 1

    The per annum rate of change is the annualized rate of change over the period. This is equivalent to the annual bank savings rate you would need to achieve the same total return over the given period. This annualized return is also known as the Compound Annual Growth Rate (CAGR). The formula for CAGR is:

    CAGR = (1 + Total return) ^ (1 ÷ Number of years) - 1

    Some specific examples:

    • Over the past 20 years, SY8 district have seen a -1.0% annual change when adjusted for inflation. This translates to a total change of -18.7% in real terms.
    • Over the past 5 years, SY8 district have seen a -4.2% annual change when adjusted for inflation. This translates to a total change of -19.2% in real terms.

    Most recent SY8 sales

    For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

    Tip: hover over dots to see details

    Snakes & Ladders

    See the recent winners & losers in the SY8 property market. This is not deep analysis - it is a nosy, tabloid-style peek at the local property market.

    Explore SY8 winners & losers
    Listing photo for Flat 38 Burgess Court Gravel Hill
    Snake
    Flat 38 Burgess Court Gravel Hill
    SY8 1QW
    -8.5%
    annualised change
    Listing photo for Toll House
    Ladder
    Toll House
    SY8 4NY
    +19.2%
    annualised change

    Street level data

    Street Avg size Avg £sqm Recent sales
    Gravel Hill, , SY8 1Q 92 sqm £2,141 27
    Old Street, , SY8 1T 50 sqm £1,898 16
    Old Street, , SY8 1N 89 sqm £3,218 15
    Dahn Drive, , SY8 1X 84 sqm £3,140 14
    Corve Street, , SY8 1D 105 sqm £3,753 12
    Dahn Drive, , SY8 1Y 82 sqm £2,980 12
    College Court, , SY8 1B 55 sqm £2,050 12
    Wyson, , SY8 4N 125 sqm £3,716 12

    Search for your street here.

    SY8's constituents

    The analysis on this page encompasses the entirety of SY8. If you want more granular analysis on different parts of SY8, use these links.

    Postcode sector Lower quartile Median Upper quartile Sales in last 2yr
    SY8 1 Ludlow £2,410 sqm £2,990 sqm £3,520 sqm 284
    SY8 2 Ludlow £2,890 sqm £3,220 sqm £3,590 sqm 134
    SY8 3 Clee Hill £2,360 sqm £2,930 sqm £3,700 sqm 69
    SY8 4 Orleton £2,810 sqm £3,280 sqm £3,890 sqm 81

    Nearby geographies

    The table below shows how 'SY8' compares to the other postcode districts nearby 'SY8'.

    District Lower quartile Median Upper quartile Sales in last 2yr
    WV16 Bridgnorth £2,560 sqm £3,310 sqm £3,900 sqm 428
    WR15 Burford £2,600 sqm £3,060 sqm £3,680 sqm 197
    SY9 Bishops Castle £2,140 sqm £2,560 sqm £3,240 sqm 47
    SY8 Ludlow £2,550 sqm £3,100 sqm £3,630 sqm 568
    SY7 Clun £2,370 sqm £2,970 sqm £3,570 sqm 281
    SY6 Church Stretton £2,650 sqm £3,500 sqm £4,210 sqm 185
    SY5 Minsterley £2,620 sqm £3,010 sqm £3,520 sqm 534
    SY4 Wem £2,530 sqm £2,960 sqm £3,450 sqm 698
    SY3 Shrewsbury £2,980 sqm £3,480 sqm £3,920 sqm 1,125
    SY25 Pontrhydfendigaid £1,640 sqm £2,190 sqm £2,820 sqm 125

    Raw data

    Our analysis of SY8 is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

    Address Paid sqm £/sqm
    Vigrove Barn, , £775,000
    Jul-2026
    		 254 3,051
    1 The Old Forge, , £226,500
    Jul-2026
    		 55 4,118
    1, Stoke Cottages, £285,000
    Jul-2026
    		 69 4,130

    See the entire list of all sales in SY8 here.

    About

    I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.