According to the public record, 16, Castle Lane, Shrewsbury is a mid-century house with 1,216 ft2 of internal area and sits on a 321 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Castle Lane, Bayston Hill, Shrewsbury, SY3 is located within the SY3 postal district.
16, Castle Lane, Shrewsbury has no records in the Land Registry database and a single entry in the EPC database dated January 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 16 Castle Lane Shrewsbury as £336,236 and the rental value as £1,185 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 16 Castle Lane Shrewsbury has decreased by £251 (0.1%) and its rental value has decreased by £0 per month (0.0%).
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 16, Castle Lane, Shrewsbury is in very good condition we estimate a sale value of £353,048 and rental value of £1,244 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,700 and a rental value of £1,102 per month.
If you were able to purchase this property for the estimated value of £336,236, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,652 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, 16, Castle Lane, Shrewsbury sits on a plot of 321m2.
We have plot size data on 8 out of 14 other houses in the postcode and 16, Castle Lane, Shrewsbury sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Castle Lane, Shrewsbury within a radius of 770 metres over the last 2 years.
The most recent example is 8, Castle Lane, Shrewsbury, SY3 0NJ, a Freehold house which sold for £320,000 in Nov 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Lane, Bayston Hill, Shrewsbury, SY3 has a total of 16 addresses. According to our analysis of all the public data, 16, Castle Lane, Shrewsbury is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £18k more expensive than the average property in SY3.
16, Castle Lane, Shrewsbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jan 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 16, Castle Lane, Shrewsbury is Shrewsbury station which is 4.3 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 16, Castle Lane, Shrewsbury, 40.0% of property is privately owned outright and 22.5% 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 16, Castle Lane, Shrewsbury, 24.6% of residents are recorded as possessing school level qualifications and 28.5% 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 16, Castle 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 16, Castle Lane, 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 16, Castle Lane, Shrewsbury, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.