Orchard Way, Wem, Shrewsbury, SY4 is a residential street which is the 581st longest street in the SY4 area.
It contains 33 residential addresses consisting of 29 houses and 4 flats and the most common type of property is a modern house built after 1980.
The average house value is £175,568. Sales values have increased in the last 12 months by 4.5% and Rental values have increased by 3.7%.
Property sale values range from £79,021 for a leasehold flat, with 2 bedrooms split across 495 square feet of gross internal area and has no outside space to £194,354 for a freehold house, with 3 bedrooms split across 797 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Orchard Way, Wem, Shrewsbury, SY4 is £243/ft2.
Properties achieve a rental yield of between 5.1% and 6.2%, and rental values range from £411 to £832 per month.
The last sale was 24 Mar 2023 for £155,000 and since then the market in the area as increased by 4.9%. The street has had a total of 4 sales since 1995.
Orchard Way, Wem, Shrewsbury, SY4 has seen 4 sales in the last three years and no sales in the last twelve months.
Orchard Way, Wem, Shrewsbury, SY4 is the 581st largest and the 42nd most expensive street in the SY4 area.
There is 1 postcode on Orchard Way, Wem, Shrewsbury, SY4.
Orchard Way, Wem, Shrewsbury, SY4 is a residential street located in SY4 containing 29 houses and 4 flats.
The most common property type on Orchard Way, Wem, Shrewsbury, SY4 is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to Orchard Way, Wem, Shrewsbury, SY4 is Wem station which is 300 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Orchard Way, Wem, Shrewsbury, SY4, 34.3% of property is privately owned with a mortgage and 22.6% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Orchard Way, Wem, Shrewsbury, SY4, 16.6% of residents are recorded as possessing school level qualifications and 28.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Orchard Way, Wem, Shrewsbury, SY4, the average age was 45.1 and the most common age was 17.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Orchard Way, Wem, Shrewsbury, SY4, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Orchard Way, Wem, Shrewsbury, SY4, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.