According to the public record, 1 The Old Smithy, Shrewsbury is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,411 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Holyhead Road, Montford Bridge, Shrewsbury, SY4 is located within the SY4 postal district.
1 The Old Smithy, Shrewsbury has 21 entries in the Land Registry database, most recently in February 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 The Old Smithy Shrewsbury as £403,111 and the rental value as £1,260 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 1 The Old Smithy Shrewsbury has decreased by £3,927 (1.0%) and its rental value has decreased by £11 per month (0.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 The Old Smithy, Shrewsbury is in very good condition we estimate a sale value of £423,267 and rental value of £1,323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,894 and a rental value of £1,172 per month.
If you were able to purchase this property for the estimated value of £403,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,981 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 The Old Smithy, Shrewsbury was last sold on 06 Feb 2014 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2014, the market for similar properties has risen 50.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 The Old Smithy, Shrewsbury within a radius of 166m over the last 2 years.
The most recent example is Laburnum House, Holyhead Road, Shrewsbury, SY4 1EE, a Freehold house which sold for £430,000 in Mar 2021.
Read more about house prices in SY4.
Holyhead Road, Montford Bridge, Shrewsbury, SY4 has a total of 25 addresses. According to our analysis of all the public data, 1 The Old Smithy, Shrewsbury is the 10th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in SY4.
The closest station to 1 The Old Smithy, Shrewsbury is Shrewsbury station which is 6.8 km 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 1 The Old Smithy, Shrewsbury, 55.0% of property is privately owned outright and 31.0% is privately owned with a mortgage.
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 1 The Old Smithy, Shrewsbury, 13.9% of residents are recorded as possessing school level qualifications and 36.3% 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 1 The Old Smithy, Shrewsbury, the average age was 45.9 and the most common age was 57.
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 1 The Old Smithy, Shrewsbury, 1.0% 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 1 The Old Smithy, Shrewsbury, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.