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Somerset Way

Somerset Way

Last update: Sep 2024

Street Overview

of Somerset Way

Somerset Way, Wem, Shrewsbury, SY4 is a residential street which is the 660th longest street in the SY4 area.

It contains 69 houses and the most common type of property is a mid-century house built between 1936 and 1979.

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Average property prices

in Somerset Way, Wem, Shrewsbury, SY4

The average house value is £271,737. Sales values have increased in the last 12 months by 3.8% and Rental values have increased by 3.2%.

Property sale values range from £107,746 for a freehold house, with 2 bedrooms split across 334 square feet of gross internal area and has a garden to £347,133 for a freehold house, with 4 bedrooms split across 1,378 square feet of gross internal area and has a garden.

Average £/ft2 for properties in Somerset Way, Wem, Shrewsbury, SY4 is £295/ft2.

Properties achieve a rental yield of between 4.2% and 5.3%, and rental values range from £466 to £1,218 per month.

Sale value change
12 months
3.8%
Rental value change
12 months
3.2%
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Recent sales

within Somerset Way, Wem, Shrewsbury, SY4

The last sale was 24 Nov 2023 for £290,000 and since then the market in the area as increased by 3.8%. The street has had a total of 4 sales since 1995.

Somerset Way, Wem, Shrewsbury, SY4 has seen 4 sales in the last three years and 1 sale in the last twelve months.

£290,000
Nov-2023
Sold
£275,000
Dec-2022
Sold
£118,000
Nov-2022
Sold
£95,000
Mar-2021
Sold
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Nearby Streets

to Somerset Way, Wem, Shrewsbury, SY4

Somerset Way, Wem, Shrewsbury, SY4 is the 660th largest and the 203rd most expensive street in the SY4 area.

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Postcodes

on Somerset Way, Wem, Shrewsbury, SY4

There are 3 postcodes on Somerset Way, Wem, Shrewsbury, SY4.

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Property types

in Somerset Way, Wem, Shrewsbury, SY4

Somerset Way, Wem, Shrewsbury, SY4 is a residential street located in SY4 containing 69 houses .

The most common property type on Somerset Way, Wem, Shrewsbury, SY4 is a mid-century house built between 1936 and 1979.

mid-century house (50)
modern house (19)
Energy Efficiency

Energy Efficiency

of properties within Somerset Way, Wem, Shrewsbury, SY4

The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being No EPC.

A (0)
E (8)
B (1)
F (0)
C (10)
G (0)
D (23)
No EPC (27)
Schools nearby

Schools nearby

to Somerset Way, Wem, Shrewsbury, SY4

The nearest primary school to Somerset Way, Wem, Shrewsbury, SY4 is St Peter's CofE Primary School which is 600 m away and is rated Good by Ofsted.
600 m
St Peter's CofE Primary School
Good
3.9 km
Newtown CofE Primary School
Outstanding
5.6 km
Whixall CofE Primary School
Good
The nearest secondary school is The Thomas Adams School which is 200 m away and is rated Good by Ofsted.
200 m
The Thomas Adams School
Good
11.1 km
The Corbet School
Good
11.4 km
Sir John Talbot's School
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to Somerset Way, Wem, Shrewsbury, SY4

The closest station to Somerset Way, Wem, Shrewsbury, SY4 is Wem station which is 900 m away.

900 m
Wem
5.1 km
Prees
5.8 km
Yorton
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