According to the public record, 15, Grove Lane, Shrewsbury is a mid-century house with 2,723 ft2 of internal area and sits on a 1,235 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Grove Lane, Bayston Hill, Shrewsbury, SY3 is located within the SY3 postal district.
15, Grove Lane, Shrewsbury has no records in the Land Registry database and a single entry in the EPC database dated December 2014.
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 15 Grove Lane Shrewsbury as £584,630 and the rental value as £1,771 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 15 Grove Lane Shrewsbury has decreased by £8,455 (1.4%) and its rental value has decreased by £24 per month (1.3%).
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 15, Grove Lane, Shrewsbury is in very good condition we estimate a sale value of £613,862 and rental value of £1,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £543,706 and a rental value of £1,647 per month.
If you were able to purchase this property for the estimated value of £584,630, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,873 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, 15, Grove Lane, Shrewsbury sits on a plot of 1235m2.
We have plot size data on 15 out of 25 other houses in the postcode and 15, Grove 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 15, Grove Lane, Shrewsbury within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 98, Lyth Hill Road, Shrewsbury, SY3 0AT, a Freehold house which sold for £695,000 in Nov 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Lane, Bayston Hill, Shrewsbury, SY3 has a total of 28 addresses. According to our analysis of all the public data, 15, Grove Lane, Shrewsbury is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £267k more expensive than the average property in SY3.
15, Grove Lane, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to 15, Grove Lane, Shrewsbury is Shrewsbury station which is 4.9 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 15, Grove Lane, Shrewsbury, 61.1% of property is privately owned outright and 28.3% 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 15, Grove Lane, Shrewsbury, 14.9% of residents are recorded as possessing school level qualifications and 40.5% 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 15, Grove Lane, Shrewsbury, the average age was 44.5 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 15, Grove Lane, 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 15, Grove Lane, Shrewsbury, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.