According to the public record, 1, Merlin Road, Shrewsbury is a mid-century freehold house with 1,313 ft2 of internal area and sits on a 779 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Merlin Road, Shrewsbury, SY3 is located within the SY3 postal district.
1, Merlin Road, Shrewsbury has 2 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated May 2019.
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 Merlin Road Shrewsbury as £432,307 and the rental value as £1,229 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 1 Merlin Road Shrewsbury has decreased by £2,735 (0.6%) and its rental value has decreased by £5 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, Merlin Road, Shrewsbury is in very good condition we estimate a sale value of £453,922 and rental value of £1,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,045 and a rental value of £1,143 per month.
If you were able to purchase this property for the estimated value of £432,307, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,125 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, Merlin Road, Shrewsbury sits on a plot of 779m2.
We have plot size data on 12 out of 19 other houses in the postcode and 1, Merlin Road, Shrewsbury sits on the 3rd largest plot.
According to HM Land Registry, 1, Merlin Road, Shrewsbury was last sold on 16 Aug 2019 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2019, the market for similar properties has risen 21.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Merlin Road, Shrewsbury within a radius of 850 metres over the last 2 years.
The most recent example is 14, Mossbank Way, Shrewsbury, SY3 8XW, a Freehold house which sold for £437,500 in Jul 2024.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Road, Shrewsbury, SY3 has a total of 19 addresses. According to our analysis of all the public data, 1, Merlin Road, Shrewsbury is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in SY3.
1, Merlin Road, Shrewsbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 May 2019.
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, Merlin Road, Shrewsbury is Shrewsbury station which is 2.7 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, Merlin Road, Shrewsbury, 70.2% of property is privately owned outright and 27.5% 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, Merlin Road, Shrewsbury, 15.4% of residents are recorded as possessing school level qualifications and 46.4% 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, Merlin Road, Shrewsbury, the average age was 42.6 and the most common age was 52.
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, Merlin Road, 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, Merlin Road, 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.