According to the public record, 10, Wellgate, Shrewsbury is a mid-century freehold house and with 1,026 ft2 of internal area and sits on a 1,079 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wellgate, Wem, Shrewsbury, SY4 is located within the SY4 postal district.
10, Wellgate, Shrewsbury has a single entry in the Land Registry database from January 2018 and no records in the EPC database.
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 Wellgate Shrewsbury as £277,234 and the rental value as £1,064 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 10 Wellgate Shrewsbury has increased by £12,338 (4.5%) and its rental value has increased by £40 per month (3.7%).
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, Wellgate, Shrewsbury is in very good condition we estimate a sale value of £291,095 and rental value of £1,118 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,827 and a rental value of £990 per month.
If you were able to purchase this property for the estimated value of £277,234, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,363 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, Wellgate, Shrewsbury sits on a plot of 1079m2.
We have plot size data on 11 out of 17 other houses in the postcode and 10, Wellgate, Shrewsbury sits on the largest plot.
According to HM Land Registry, 10, Wellgate, Shrewsbury was last sold on 09 Jan 2018 for £210,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 38.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Wellgate, Shrewsbury within a radius of 208m over the last 2 years.
The most recent example is Beechdene, Barnard Street, Shrewsbury, SY4 5EE, a Freehold house which sold for £278,500 in May 2024.
Read more about house prices in SY4.
Wellgate, Wem, Shrewsbury, SY4 has a total of 17 addresses. According to our analysis of all the public data, 10, Wellgate, Shrewsbury is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in SY4.
10, Wellgate, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 2011.
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, Wellgate, Shrewsbury is Wem station which is 500 m 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, Wellgate, Shrewsbury, 46.1% of property is privately owned outright and 36.4% is privately rented.
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, Wellgate, Shrewsbury, 11.8% of residents are recorded as possessing school level qualifications and 25.0% 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 10, Wellgate, Shrewsbury, the average age was 45.1 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 10, Wellgate, Shrewsbury, 0.7% 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, Wellgate, 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.