According to the public record, 17, Chelwood Drive, Shrewsbury is a modern freehold house with 968 ft2 of internal area and sits on a 201 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chelwood Drive, Shrewsbury, SY1 is located within the SY1 postal district.
17, Chelwood Drive, Shrewsbury has a single entry in the Land Registry database from January 2016 and a single entry in the EPC database dated June 2014.
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 17 Chelwood Drive Shrewsbury as £285,620 and the rental value as £892 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 17 Chelwood Drive Shrewsbury has decreased by £1,948 (0.7%) and its rental value has decreased by £1 per month (0.1%).
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 17, Chelwood Drive, Shrewsbury is in very good condition we estimate a sale value of £299,901 and rental value of £936 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,627 and a rental value of £829 per month.
If you were able to purchase this property for the estimated value of £285,620, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,404 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, 17, Chelwood Drive, Shrewsbury sits on a plot of 201m2.
We have plot size data on 17 out of 35 other houses in the postcode and 17, Chelwood Drive, Shrewsbury sits on the 16th largest plot.
According to HM Land Registry, 17, Chelwood Drive, Shrewsbury was last sold on 12 Jan 2016 for £180,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2016, the market for similar properties has risen 35.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Chelwood Drive, Shrewsbury within a radius of 640 metres over the last 2 years.
The most recent example is 8, Coldridge Drive, Shrewsbury, SY1 3YT, a Freehold house which sold for £237,500 in Sep 2019.
Read more about house prices in SY1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelwood Drive, Shrewsbury, SY1 has a total of 35 addresses. According to our analysis of all the public data, 17, Chelwood Drive, Shrewsbury is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in SY1.
17, Chelwood Drive, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jun 2014.
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 17, Chelwood Drive, Shrewsbury is Shrewsbury station which is 1.4 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 17, Chelwood Drive, Shrewsbury, 51.4% of property is privately owned outright and 35.5% 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 17, Chelwood Drive, Shrewsbury, 17.5% of residents are recorded as possessing school level qualifications and 35.6% 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 17, Chelwood Drive, Shrewsbury, the average age was 42.3 and the most common age was 32.
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 17, Chelwood Drive, Shrewsbury, 0.2% 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 17, Chelwood Drive, 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.