According to the public record, 2, Broadway Close, Shrewsbury is a mid-century freehold house with 753 ft2 of internal area and sits on a 339 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Broadway Close, Shrewsbury, SY2 is located within the SY2 postal district.
2, Broadway Close, Shrewsbury has 21 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated August 2020.
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 Broadway Close Shrewsbury as £237,586 and the rental value as £956 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Broadway Close Shrewsbury has increased by £3,025 (1.3%) and its rental value has increased by £4 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 2, Broadway Close, Shrewsbury is in very good condition we estimate a sale value of £249,465 and rental value of £1,004 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,955 and a rental value of £889 per month.
If you were able to purchase this property for the estimated value of £237,586, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,168 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, Broadway Close, Shrewsbury sits on a plot of 339m2.
We have plot size data on 16 out of 30 other houses in the postcode and 2, Broadway Close, Shrewsbury sits on the 2nd largest plot.
According to HM Land Registry, 2, Broadway Close, Shrewsbury was last sold on 20 Nov 2020 for £220,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Broadway Close, Shrewsbury within a radius of 740 metres over the last 2 years.
The most recent example is 71, Tilstock Crescent, Shrewsbury, SY2 6HJ, a Freehold house which sold for £250,000 in Dec 2022.
Read more about house prices in SY2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broadway Close, Shrewsbury, SY2 has a total of 30 addresses. According to our analysis of all the public data, 2, Broadway Close, Shrewsbury is the 27th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in SY2.
2, Broadway Close, Shrewsbury has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2020.
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 2, Broadway Close, Shrewsbury is Shrewsbury station which is 2.8 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, Broadway Close, Shrewsbury, 44.4% of property is privately owned with a mortgage and 43.6% is privately owned outright.
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, Broadway Close, Shrewsbury, 19.7% of residents are recorded as possessing school level qualifications and 34.0% 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, Broadway Close, Shrewsbury, the average age was 45 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 2, Broadway Close, Shrewsbury, 1.3% 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, Broadway Close, 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.