According to the public record, 16, Wellmeadow Road, Shrewsbury is a mid-century freehold house with 919 ft2 of internal area and sits on a 409 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wellmeadow Road, Shrewsbury, SY3 is located within the SY3 postal district.
16, Wellmeadow Road, Shrewsbury has 2 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated February 2009.
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 16 Wellmeadow Road Shrewsbury as £280,570 and the rental value as £1,036 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 16 Wellmeadow Road Shrewsbury has increased by £288 (0.1%) and its rental value has increased by £3 per month (0.3%).
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 16, Wellmeadow Road, Shrewsbury is in very good condition we estimate a sale value of £294,599 and rental value of £1,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,930 and a rental value of £964 per month.
If you were able to purchase this property for the estimated value of £280,570, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,379 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, Wellmeadow Road, Shrewsbury sits on a plot of 409m2.
We have plot size data on 5 out of 10 other houses in the postcode and 16, Wellmeadow Road, Shrewsbury sits on the 3rd largest plot.
According to HM Land Registry, 16, Wellmeadow Road, Shrewsbury was last sold on 28 Jul 2016 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2016, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Wellmeadow Road, Shrewsbury within a radius of 690 metres over the last 2 years.
The most recent example is 12, Swiss Farm Road, Shrewsbury, SY3 8XB, a Freehold house which sold for £310,000 in Mar 2024.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellmeadow Road, Shrewsbury, SY3 has a total of 18 addresses. According to our analysis of all the public data, 16, Wellmeadow Road, Shrewsbury is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in SY3.
16, Wellmeadow Road, Shrewsbury has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Feb 2009.
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, Wellmeadow Road, Shrewsbury is Shrewsbury station which is 2.4 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, Wellmeadow Road, Shrewsbury, 49.2% of property is privately owned outright and 42.5% 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, Wellmeadow Road, Shrewsbury, 18.4% of residents are recorded as possessing school level qualifications and 48.8% 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, Wellmeadow Road, 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, Wellmeadow Road, 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 16, Wellmeadow Road, 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.