According to the public record, 10, St. Michaels Gate, Shrewsbury is a modern freehold house with 850 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
St. Michaels Gate, Shrewsbury, SY1 is located within the SY1 postal district.
10, St. Michaels Gate, Shrewsbury has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated April 2021.
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 10 St. Michaels Gate Shrewsbury as £235,176 and the rental value as £849 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 10 St. Michaels Gate Shrewsbury has increased by £964 (0.4%) and its rental value has increased by £3 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 10, St. Michaels Gate, Shrewsbury is in very good condition we estimate a sale value of £246,935 and rental value of £891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,714 and a rental value of £789 per month.
If you were able to purchase this property for the estimated value of £235,176, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,156 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, 10, St. Michaels Gate, Shrewsbury sits on a plot of 213m2.
We have plot size data on 74 out of 88 other houses in the postcode and 10, St. Michaels Gate, Shrewsbury sits on the 6th largest plot.
According to HM Land Registry, 10, St. Michaels Gate, Shrewsbury was last sold on 22 Sep 2021 for £207,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, St. Michaels Gate, Shrewsbury within a radius of 460 metres over the last 2 years.
The most recent example is 59, St. Michaels Gate, Shrewsbury, SY1 2HL, a Freehold house which sold for £262,000 in Oct 2023.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Michaels Gate, Shrewsbury, SY1 has a total of 92 addresses. According to our analysis of all the public data, 10, St. Michaels Gate, Shrewsbury is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in SY1.
10, St. Michaels Gate, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2021.
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 10, St. Michaels Gate, Shrewsbury is Shrewsbury station which is 500 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 10, St. Michaels Gate, Shrewsbury, 62.1% of property is privately rented and 23.4% 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 10, St. Michaels Gate, Shrewsbury, 16.3% of residents are recorded as possessing school level qualifications and 44.3% 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 10, St. Michaels Gate, Shrewsbury, the average age was 42.3 and the most common age was 32.
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 10, St. Michaels Gate, 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 10, St. Michaels Gate, Shrewsbury, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.