According to the public record, 1, School Lane, Shrewsbury is a modern house with 491 ft2 of internal area and sits on a 486 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
School Lane, Ford, Shrewsbury, SY5 is located within the SY5 postal district.
1, School Lane, Shrewsbury has no records in the Land Registry database and a single entry in the EPC database dated April 2010.
We combine this information with public data 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 School Lane Shrewsbury as £212,790 and the rental value as £698 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 1 School Lane Shrewsbury has increased by £1,963 (0.9%) and its rental value has increased by £24 per month (3.4%).
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, School Lane, Shrewsbury is in very good condition we estimate a sale value of £223,429 and rental value of £733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,895 and a rental value of £649 per month.
If you were able to purchase this property for the estimated value of £212,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,046 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, School Lane, Shrewsbury sits on a plot of 486m2.
We have plot size data on 3 out of 5 other houses in the postcode and 1, School Lane, Shrewsbury sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, School Lane, Shrewsbury within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 2, Shrewsbury, SY4 1EU, a Freehold house which sold for £931,150 in Mar 2023.
Read more about house prices in SY5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Ford, Shrewsbury, SY5 has a total of 5 addresses. According to our analysis of all the public data, 1, School Lane, Shrewsbury is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in SY5.
1, School Lane, Shrewsbury has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 12 Apr 2010.
The property is not connected to mains gas and has single glazed windows. It is heated using portable electric heaters .
The closest station to 1, School Lane, Shrewsbury is Shrewsbury station which is 7.9 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, School Lane, Shrewsbury, 44.7% of property is socially rented and 24.5% 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, School Lane, Shrewsbury, 20.8% of residents are recorded as possessing school level qualifications and 23.7% 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, School Lane, 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, School Lane, Shrewsbury, 0.6% 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, School Lane, Shrewsbury, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.