According to the public record, 1, Bazeley Way, Shrewsbury is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,626 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Bazeley Way, Wem, Shrewsbury, SY4 is located within the SY4 postal district.
1, Bazeley Way, Shrewsbury has 21 entries in the Land Registry database, most recently in June 2009 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 Bazeley Way Shrewsbury as £432,790 and the rental value as £1,362 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 1 Bazeley Way Shrewsbury has increased by £10,976 (2.5%) and its rental value has increased by £27 per month (2.0%).
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, Bazeley Way, Shrewsbury is in very good condition we estimate a sale value of £454,430 and rental value of £1,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,495 and a rental value of £1,266 per month.
If you were able to purchase this property for the estimated value of £432,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,127 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, Bazeley Way, Shrewsbury was last sold on 29 Jun 2009 for £297,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2009, the market for similar properties has risen 60.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Bazeley Way, Shrewsbury within a radius of 960 metres over the last 2 years.
The most recent example is 13, Oakley Meadow, Shrewsbury, SY4 5SF, a Freehold house which sold for £305,000 in Aug 2020.
Read more about house prices in SY4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bazeley Way, Wem, Shrewsbury, SY4 has a total of 10 addresses. According to our analysis of all the public data, 1, Bazeley Way, Shrewsbury is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in SY4.
The closest station to 1, Bazeley Way, Shrewsbury is Wem station which is 800 metres 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, Bazeley Way, Shrewsbury, 80.2% of property is privately owned outright and 10.5% 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, Bazeley Way, Shrewsbury, 25.1% of residents are recorded as possessing school level qualifications and 19.5% 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, Bazeley Way, Shrewsbury, 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 1, Bazeley Way, Shrewsbury, 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 1, Bazeley Way, Shrewsbury, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.