According to the public record, 19, Melton Way, Shrewsbury is a modern freehold house with 1,399 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Melton Way, Shrewsbury, SY3 is located within the SY3 postal district.
19, Melton Way, Shrewsbury has 21 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated August 2021.
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 19 Melton Way Shrewsbury as £428,798 and the rental value as £1,255 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 19 Melton Way Shrewsbury has decreased by £3,203 (0.7%) and its rental value has decreased by £7 per month (0.5%).
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 19, Melton Way, Shrewsbury is in very good condition we estimate a sale value of £450,238 and rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,782 and a rental value of £1,167 per month.
If you were able to purchase this property for the estimated value of £428,798, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,107 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, 19, Melton Way, Shrewsbury sits on a plot of 259m2.
We have plot size data on 8 out of 21 other houses in the postcode and 19, Melton Way, Shrewsbury sits on the 7th largest plot.
According to HM Land Registry, 19, Melton Way, Shrewsbury was last sold on 02 Mar 2022 for £425,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Melton Way, Shrewsbury within a radius of 830 metres over the last 2 years.
The most recent example is 26, Rothley Close, Shrewsbury, SY3 6AN, a Freehold house which sold for £395,000 in Feb 2024.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melton Way, Shrewsbury, SY3 has a total of 21 addresses. According to our analysis of all the public data, 19, Melton Way, Shrewsbury is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in SY3.
19, Melton Way, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 2021.
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 19, Melton Way, Shrewsbury is Shrewsbury station which is 2.6 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 19, Melton Way, Shrewsbury, 58.5% of property is privately owned outright and 21.5% is privately rented.
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 19, Melton Way, Shrewsbury, 12.0% of residents are recorded as possessing school level qualifications and 33.8% 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 19, Melton Way, Shrewsbury, the average age was 42.9 and the most common age was 17.
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 19, Melton Way, 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 19, Melton Way, 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.