According to the public record, 2 The Old School, Shrewsbury is a period freehold house with 1,334 ft2 of internal area and sits on a 293 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Vicarage Road, Shrewsbury, SY3 is located within the SY3 postal district.
2 The Old School, Shrewsbury has 21 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated May 2022.
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 2 The Old School Shrewsbury as £464,774 and the rental value as £1,220 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 2 The Old School Shrewsbury has decreased by £2,423 (0.5%) and its rental value has decreased by £5 per month (0.4%).
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 2 The Old School, Shrewsbury is in very good condition we estimate a sale value of £488,013 and rental value of £1,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,240 and a rental value of £1,134 per month.
If you were able to purchase this property for the estimated value of £464,774, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,284 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, 2 The Old School, Shrewsbury sits on a plot of 293m2.
We have plot size data on 7 out of 14 other houses in the postcode and 2 The Old School, Shrewsbury sits on the 4th largest plot.
According to HM Land Registry, 2 The Old School, Shrewsbury was last sold on 14 Oct 2022 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Old School, Shrewsbury within a radius of 800 metres over the last 2 years.
The most recent example is Old School House, Vicarage Road, Shrewsbury, SY3 9EZ, a Freehold house which sold for £338,000 in Nov 2019.
Read more about house prices in SY3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vicarage Road, Shrewsbury, SY3 has a total of 19 addresses. According to our analysis of all the public data, 2 The Old School, Shrewsbury is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £147k more expensive than the average property in SY3.
2 The Old School, Shrewsbury has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2 The Old School, 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 2 The Old School, Shrewsbury, 44.7% of property is privately owned outright and 44.7% 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 2 The Old School, Shrewsbury, 19.7% of residents are recorded as possessing school level qualifications and 44.0% 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 2 The Old School, 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 2 The Old School, Shrewsbury, 1.6% 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 2 The Old School, 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.