According to the public record, 16, Corner Lane, Shrewsbury is a mid-century house with 678 ft2 of internal area and sits on a 586 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Corner Lane, Bicton Heath, Shrewsbury, SY3 is located within the SY3 postal district.
16, Corner Lane, Shrewsbury has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2023.
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 Corner Lane Shrewsbury as £240,488 and the rental value as £911 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 16 Corner Lane Shrewsbury has increased by £5,107 (2.1%) and its rental value has increased by £21 per month (2.4%).
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, Corner Lane, Shrewsbury is in very good condition we estimate a sale value of £252,513 and rental value of £957 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,654 and a rental value of £848 per month.
If you were able to purchase this property for the estimated value of £240,488, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,182 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, Corner Lane, Shrewsbury sits on a plot of 586m2.
We have plot size data on 18 out of 21 other houses in the postcode and 16, Corner Lane, Shrewsbury sits on the 2nd largest plot.
According to HM Land Registry, 16, Corner Lane, Shrewsbury was last sold on 29 Sep 1995 for £64,000 and was recorded as a freehold house.
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 16, Corner Lane, Shrewsbury within a radius of 960 metres over the last 2 years.
The most recent example is 5, Orsons Meadow, Shrewsbury, SY3 5DL, a Freehold house which sold for £200,000 in Feb 2024.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corner Lane, Bicton Heath, Shrewsbury, SY3 has a total of 22 addresses. According to our analysis of all the public data, 16, Corner Lane, Shrewsbury is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in SY3.
16, Corner Lane, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2023.
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 16, Corner 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, Corner Lane, Shrewsbury, 53.7% of property is privately owned outright and 33.3% 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 16, Corner Lane, Shrewsbury, 12.8% of residents are recorded as possessing school level qualifications and 40.9% 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, Corner Lane, 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 16, Corner Lane, Shrewsbury, 3.3% 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, Corner Lane, Shrewsbury, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.