According to the public record, 1, Chestnut Drive, Shrewsbury is a mid-century freehold house with 1,367 ft2 of internal area and sits on a 396 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chestnut Drive, Bayston Hill, Shrewsbury, SY3 is located within the SY3 postal district.
1, Chestnut Drive, Shrewsbury has 31 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Chestnut Drive Shrewsbury as £424,578 and the rental value as £1,239 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 1 Chestnut Drive Shrewsbury has decreased by £317 (0.1%) and its rental value has decreased by £0 per month (0.0%).
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, Chestnut Drive, Shrewsbury is in very good condition we estimate a sale value of £445,807 and rental value of £1,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,857 and a rental value of £1,153 per month.
If you were able to purchase this property for the estimated value of £424,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,087 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 data from HM Land Registry, 1, Chestnut Drive, Shrewsbury sits on a plot of 396m2.
We have plot size data on 5 out of 13 other houses in the postcode and 1, Chestnut Drive, Shrewsbury sits on the 3rd largest plot.
According to HM Land Registry, 1, Chestnut Drive, Shrewsbury was last sold on 05 Jan 2024 for £415,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2024, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Chestnut Drive, Shrewsbury within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 45, Lyth Hill Road, Shrewsbury, SY3 0EU, a Freehold house which sold for £390,000 in Jun 2021.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Drive, Bayston Hill, Shrewsbury, SY3 has a total of 14 addresses. According to our analysis of all the public data, 1, Chestnut Drive, Shrewsbury is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in SY3.
1, Chestnut Drive, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Chestnut Drive, Shrewsbury is Shrewsbury station which is 4.2 kilometres 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, Chestnut Drive, Shrewsbury, 55.9% of property is privately owned outright and 23.5% 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, Chestnut Drive, Shrewsbury, 12.2% of residents are recorded as possessing school level qualifications and 35.6% 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, Chestnut Drive, Shrewsbury, the average age was 44.5 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, Chestnut Drive, Shrewsbury, 0.7% 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, Chestnut Drive, Shrewsbury, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.