According to the public record, 1, Meole Crescent, Shrewsbury is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,216 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Meole Crescent, Shrewsbury, SY3 is located within the SY3 postal district.
1, Meole Crescent, Shrewsbury has 21 entries in the Land Registry database, most recently in July 2007 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 Meole Crescent Shrewsbury as £293,787 and the rental value as £1,126 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 1 Meole Crescent Shrewsbury has decreased by £1,531 (0.5%) and its rental value has decreased by £4 per month (0.4%).
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, Meole Crescent, Shrewsbury is in very good condition we estimate a sale value of £308,476 and rental value of £1,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,222 and a rental value of £1,047 per month.
If you were able to purchase this property for the estimated value of £293,787, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,444 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, Meole Crescent, Shrewsbury was last sold on 04 Jul 2007 for £195,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2007, the market for similar properties has risen 50.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Meole Crescent, Shrewsbury within a radius of 810 metres over the last 2 years.
The most recent example is 33, Meole Crescent, Shrewsbury, SY3 9ES, a Freehold house which sold for £230,000 in Jan 2021.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meole Crescent, Shrewsbury, SY3 has a total of 97 addresses. According to our analysis of all the public data, 1, Meole Crescent, Shrewsbury is the 5th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in SY3.
The closest station to 1, Meole Crescent, Shrewsbury is Shrewsbury station which is 2.3 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, Meole Crescent, Shrewsbury, 44.7% of property is privately owned outright and 44.7% 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, Meole Crescent, Shrewsbury, 19.7% of residents are recorded as possessing school level qualifications and 44.0% 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, Meole Crescent, Shrewsbury, the average age was 42.9 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, Meole Crescent, Shrewsbury, 1.6% 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, Meole Crescent, 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.