According to the public record, 10, The Ridings, Shrewsbury is a mid-century apartment with 258 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The Ridings, Bicton Heath, Shrewsbury, SY3 is located within the SY3 postal district.
10, The Ridings, Shrewsbury has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2012.
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 10 The Ridings Shrewsbury as £54,138 and the rental value as £297 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 10 The Ridings Shrewsbury has increased by £711 (1.3%) and its rental value has increased by £5 per month (1.5%).
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, The Ridings, Shrewsbury is in very good condition we estimate a sale value of £56,845 and rental value of £312 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £50,348 and a rental value of £277 per month.
If you were able to purchase this property for the estimated value of £54,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £266 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, 10, The Ridings, Shrewsbury was last sold on 02 Jul 2001 for £25,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, The Ridings, Shrewsbury within a radius of 640 metres over the last 2 years.
The most recent example is 62, The Paddocks, Shrewsbury, SY3 5EP, a Leasehold flat which sold for £55,000 in May 2022.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridings, Bicton Heath, Shrewsbury, SY3 has a total of 65 addresses. According to our analysis of all the public data, 10, The Ridings, Shrewsbury is the 56th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £264k less expensive than the average property in SY3.
10, The Ridings, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2012.
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, The Ridings, Shrewsbury is Shrewsbury station which is 3.9 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 10, The Ridings, Shrewsbury, 36.3% of property is privately rented and 33.1% 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, The Ridings, Shrewsbury, 10.2% of residents are recorded as possessing school level qualifications and 36.4% 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 10, The Ridings, 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 10, The Ridings, Shrewsbury, 1.2% 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, The Ridings, Shrewsbury, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.