According to the public record, 11, Theatre Royal Apartments 15, Shrewsbury is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Theatre Royal Apartments, Shoplatch, Shrewsbury, SY1.
Shoplatch, Shrewsbury, SY1 is located within the SY1 postal district.
11, Theatre Royal Apartments 15, Shrewsbury has 3 entries in the Land Registry database, most recently in July 2015 and a single entry in the EPC database dated June 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 11 Theatre Royal Apartments 15 Shrewsbury as £146,160 and the rental value as £652 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 11 Theatre Royal Apartments 15 Shrewsbury has increased by £3,803 (2.6%) and its rental value has increased by £15 per month (2.3%).
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 11, Theatre Royal Apartments 15, Shrewsbury is in very good condition we estimate a sale value of £153,468 and rental value of £685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,929 and a rental value of £606 per month.
If you were able to purchase this property for the estimated value of £146,160, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £718 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, 11, Theatre Royal Apartments 15, Shrewsbury was last sold on 06 Jul 2015 for £112,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2015, the market for similar properties has risen 26.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Theatre Royal Apartments 15, Shrewsbury within a radius of 580 metres over the last 2 years.
The most recent example is Flat 2, Claremont Chambers 7A, Claremont Hill, Shrewsbury, SY1 1RD, a Leasehold flat which sold for £133,000 in Dec 2019.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shoplatch, Shrewsbury, SY1 has a total of 30 addresses. According to our analysis of all the public data, 11, Theatre Royal Apartments 15, Shrewsbury is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in SY1.
11, Theatre Royal Apartments 15, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 11, Theatre Royal Apartments 15, Shrewsbury is Shrewsbury station which is 700 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 11, Theatre Royal Apartments 15, Shrewsbury, 56.8% of property is privately rented and 29.2% is privately owned outright.
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 11, Theatre Royal Apartments 15, Shrewsbury, 23.4% of residents are recorded as possessing school level qualifications and 44.2% 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 11, Theatre Royal Apartments 15, Shrewsbury, the average age was 45.7 and the most common age was 27.
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 11, Theatre Royal Apartments 15, Shrewsbury, 4.9% 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 11, Theatre Royal Apartments 15, Shrewsbury, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.