According to the public record, 17, The Ridings, Shrewsbury is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 886 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
The Ridings, Bicton Heath, Shrewsbury, SY3 is located within the SY3 postal district.
17, The Ridings, Shrewsbury has a single entry in the Land Registry database from June 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 The Ridings Shrewsbury as £188,282 and the rental value as £788 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 17 The Ridings Shrewsbury has increased by £2,059 (1.1%) and its rental value has increased by £10 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 17, The Ridings, Shrewsbury is in very good condition we estimate a sale value of £197,696 and rental value of £828 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,102 and a rental value of £733 per month.
If you were able to purchase this property for the estimated value of £188,282, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £925 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 HM Land Registry, 17, The Ridings, Shrewsbury was last sold on 13 Jun 2008 for £116,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 57.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, The Ridings, Shrewsbury within a radius of 620 metres over the last 2 years.
The most recent example is 41, The Ridings, Shrewsbury, SY3 5ET, a Freehold house which sold for £159,000 in Aug 2023.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridings, Bicton Heath, Shrewsbury, SY3 has a total of 65 addresses. According to our analysis of all the public data, 17, The Ridings, Shrewsbury is the 5th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £130k less expensive than the average property in SY3.
The closest station to 17, The Ridings, Shrewsbury is Shrewsbury station which is 3.9 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 17, The Ridings, Shrewsbury, 36.3% of property is privately rented and 33.1% 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, The Ridings, Shrewsbury, 10.2% of residents are recorded as possessing school level qualifications and 36.4% 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, The Ridings, 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 17, The Ridings, Shrewsbury, 1.2% 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, The Ridings, Shrewsbury, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.